Cavalier Investments LLC Sells 273,012 Shares of Rocket Lab Corporation $RKLB

Posted by Stanley Muller on Sep 1st, 2026

Cavalier Investments LLC reduced its stake in Rocket Lab Corporation (NASDAQ:RKLB – Free Report) by 99.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,988 shares of the rocket manufacturer’s stock after selling 273,012 shares during the quarter. Cavalier Investments LLC’s holdings in Rocket Lab were worth $202,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Versant Capital Management Inc increased its position in shares of Rocket Lab by 5.1% during the second quarter. Versant Capital Management Inc now owns 2,049 shares of the rocket manufacturer’s stock worth $208,000 after buying an additional 100 shares during the period. Bartlett & CO. Wealth Management LLC lifted its holdings in Rocket Lab by 7.1% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 1,869 shares of the rocket manufacturer’s stock valued at $120,000 after buying an additional 124 shares during the period. Sovereign Financial Group Inc. lifted its holdings in Rocket Lab by 3.9% in the first quarter. Sovereign Financial Group Inc. now owns 3,320 shares of the rocket manufacturer’s stock valued at $213,000 after buying an additional 125 shares during the period. Parvin Asset Management LLC boosted its position in Rocket Lab by 4.0% during the first quarter. Parvin Asset Management LLC now owns 3,665 shares of the rocket manufacturer’s stock valued at $235,000 after acquiring an additional 140 shares during the last quarter. Finally, Fort Sheridan Advisors LLC boosted its position in Rocket Lab by 2.8% during the fourth quarter. Fort Sheridan Advisors LLC now owns 5,324 shares of the rocket manufacturer’s stock valued at $371,000 after acquiring an additional 145 shares during the last quarter. 71.78% of the stock is currently owned by institutional investors.

Insider Activity at Rocket Lab

In other Rocket Lab news, insider Frank Klein sold 35,558 shares of Rocket Lab stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $66.61, for a total transaction of $2,368,518.38. Following the completion of the transaction, the insider owned 925,737 shares in the company, valued at approximately $61,663,341.57. The trade was a 3.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Adam C. Spice sold 9,677 shares of Rocket Lab stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $69.63, for a total value of $673,809.51. Following the transaction, the chief financial officer owned 1,155,967 shares of the company’s stock, valued at $80,489,982.21. This trade represents a 0.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 3,484,214 shares of company stock valued at $304,166,848 over the last quarter. 8.40% of the stock is currently owned by company insiders.

Rocket Lab Price Performance

Shares of NASDAQ:RKLB opened at $63.94 on Tuesday. Rocket Lab Corporation has a twelve month low of $37.57 and a twelve month high of $151.00. The stock’s 50 day moving average is $77.07 and its 200-day moving average is $84.98. The company has a quick ratio of 4.98, a current ratio of 5.48 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $38.26 billion, a price-to-earnings ratio of -236.81 and a beta of 2.60.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The rocket manufacturer reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. The business had revenue of $234.07 million for the quarter, compared to the consensus estimate of $231.62 million. Sell-side analysts forecast that Rocket Lab Corporation will post -0.2 EPS for the current fiscal year.

More Rocket Lab News

Here are the key news stories impacting Rocket Lab this week:

Positive Sentiment: Bank of America lowered its price target modestly to $110 from $115 but maintained a Buy rating, indicating the analyst still sees substantial long-term upside. Rocket Lab Stock Outlook
Positive Sentiment: Rocket Lab is expanding its role as a vertically integrated space-services provider. Recent developments include a Viasat satellite-bus award, participation in the U.S. Space Force’s NITE-STAR program—which has a contract ceiling of $981 million—and a full-flight Neutron launch contract with Kepler Communications. These awards support the company’s defense and satellite-systems growth prospects. Rocket Lab Defense Role
Neutral Sentiment: Broader investor interest in space stocks remains elevated after Elon Musk backed a presidential plan to develop America’s next generation of space leaders. The initiative could benefit the sector over time, but its immediate financial impact on RKLB is uncertain. Space Leaders Initiative
Negative Sentiment: Strong winds delayed Rocket Lab’s Synspective “Owl Around The World” Electron mission, pushing the launch to no earlier than September 1. Launch delays can pressure near-term revenue expectations and investor sentiment. Electron Launch Delay
Negative Sentiment: Rocket Lab’s stock has flashed a technical “death cross,” reflecting deterioration in momentum after its earlier rally. The reversal has heightened concerns that further selling could occur, even as some high-profile investors continue to view the company’s space exposure favorably. Rocket Lab Death Cross
Negative Sentiment: Executives disclosed sizable share sales: President Steve Ward sold approximately $1.0 million of stock, while COO Frank Klein sold about $2.4 million. Although the sales represent only a portion of their holdings, insider selling can reinforce concerns about valuation and near-term performance. Rocket Lab President Share Sale Rocket Lab COO Share Sale

Wall Street Analysts Forecast Growth

RKLB has been the subject of several recent analyst reports. Craig Hallum raised their target price on Rocket Lab from $98.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Citigroup restated a “market outperform” rating on shares of Rocket Lab in a report on Tuesday, July 28th. Needham & Company LLC reiterated a “buy” rating on shares of Rocket Lab in a research note on Tuesday, August 11th. Citizens Jmp reiterated a “market outperform” rating and set a $130.00 target price on shares of Rocket Lab in a research report on Tuesday, August 11th. Finally, TD Cowen increased their target price on shares of Rocket Lab from $90.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Rocket Lab has an average rating of “Moderate Buy” and an average price target of $110.35.

Check Out Our Latest Stock Report on RKLB

Rocket Lab Company Profile

(Free Report)

Rocket Lab is an aerospace company that provides launch services, spacecraft, and space systems for commercial and government customers. The company’s primary launch vehicle is Electron, a small-lift orbital rocket designed to deploy small satellites and rideshare payloads to low Earth orbit. Rocket Lab also develops and manufactures the Rutherford engine, noted for its electric-pump-fed design and additive-manufactured components, which powers Electron and supports the company’s propulsion capabilities.