Vise Technologies Inc. decreased its holdings in Rocket Lab Corporation (NASDAQ:RKLB – Free Report) by 84.8% in the third quarter, HoldingsChannel.com reports. The fund owned 12,908 shares of the rocket manufacturer’s stock after selling 72,018 shares during the quarter. Vise Technologies Inc.’s holdings in Rocket Lab were worth $899,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Rocket Lab in the second quarter worth about $4,124,970,000. Katamaran Capital LLP boosted its position in shares of Rocket Lab by 86.2% during the 1st quarter. Katamaran Capital LLP now owns 19,808 shares of the rocket manufacturer’s stock valued at $1,272,000 after acquiring an additional 9,172 shares during the last quarter. Y.D. More Investments Ltd purchased a new position in shares of Rocket Lab in the first quarter valued at $642,000. Swiss National Bank increased its position in Rocket Lab by 17.8% in the first quarter. Swiss National Bank now owns 1,410,930 shares of the rocket manufacturer’s stock worth $90,610,000 after purchasing an additional 212,700 shares during the last quarter. Finally, Bank of Nova Scotia increased its position in Rocket Lab by 149.8% in the first quarter. Bank of Nova Scotia now owns 49,957 shares of the rocket manufacturer’s stock worth $3,209,000 after purchasing an additional 29,956 shares during the last quarter. 71.78% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the stock. Piper Sandler assumed coverage on shares of Rocket Lab in a research report on Wednesday, July 15th. They set a “neutral” rating and a $83.00 target price on the stock. Needham & Company LLC restated a “buy” rating and issued a $120.00 price target on shares of Rocket Lab in a research report on Friday, October 16th. KeyCorp dropped their price objective on shares of Rocket Lab from $135.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th. Raymond James Financial started coverage on shares of Rocket Lab in a research note on Friday, September 11th. They issued an “outperform” rating and a $80.00 target price on the stock. Finally, Wall Street Zen lowered shares of Rocket Lab from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $102.05.
Read Our Latest Analysis on RKLB
Rocket Lab Stock Up 10.9%
Shares of RKLB opened at $58.86 on Tuesday. The firm has a market capitalization of $35.22 billion, a P/E ratio of -217.99 and a beta of 3.15. Rocket Lab Corporation has a 12-month low of $37.57 and a 12-month high of $151.00. The firm has a fifty day moving average price of $62.45 and a 200-day moving average price of $78.80. The company has a current ratio of 5.48, a quick ratio of 4.98 and a debt-to-equity ratio of 0.01.
Rocket Lab (NASDAQ:RKLB – Get Free Report) last released its quarterly earnings data on Monday, November 9th. The rocket manufacturer reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.05). The company had revenue of $267.83 million during the quarter, compared to analysts’ expectations of $257.21 million. Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. Equities research analysts expect that Rocket Lab Corporation will post -0.20 earnings per share for the current year.
Key Headlines Impacting Rocket Lab
Here are the key news stories impacting Rocket Lab this week:
- Positive Sentiment: Revenue rose 72.7% year over year to $267.8 million, beating analyst estimates. The company also reported record backlog growth of $1.2 billion, or 52% sequentially, positive GAAP operating cash flow, and forecast fourth-quarter revenue of about $280 million at the midpoint with gross-margin expansion. Rocket Lab Q3 2026 results
- Positive Sentiment: Rocket Lab secured more than $515 million in Neutron launch deals during the quarter. The rocket’s backlog reached 16 missions, and the company raised its base launch price to $70 million for several missions—evidence of customer demand ahead of Neutron’s debut. Neutron launch deals
- Negative Sentiment: The quarterly loss was $0.12 per share, wider than analysts’ expected $0.07 loss. Reports attributed the after-hours share decline to the earnings miss, despite the revenue beat and stronger outlook. Rocket Lab shares fall after earnings miss
- Negative Sentiment: Neutron’s first launch is now expected in 2027, extending a key execution risk for investors even as the launch vehicle’s customer backlog grows. Neutron debut delay
Insider Buying and Selling at Rocket Lab
In other news, CFO Adam C. Spice sold 140,157 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $70.82, for a total transaction of $9,925,918.74. Following the transaction, the chief financial officer directly owned 1,155,967 shares in the company, valued at approximately $81,865,582.94. This trade represents a 10.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Arjun Kampani sold 7,754 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $69.63, for a total transaction of $539,911.02. Following the completion of the transaction, the senior vice president directly owned 256,951 shares of the company’s stock, valued at $17,891,498.13. This trade represents a 2.93% 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. In the last ninety days, insiders have sold 551,832 shares of company stock worth $34,940,037. Insiders own 8.40% of the company’s stock.
About Rocket Lab
Rocket Lab is a space company that provides launch services and spacecraft and satellite systems for commercial, civil, and national security customers. Founded in 2006 by Peter Beck, the company operates internationally, with headquarters in Long Beach, California, and launch operations in New Zealand and the United States.
Its launch business centers on Electron, a small orbital rocket designed to carry satellites to space, and HASTE, a suborbital vehicle used for hypersonic test missions.
See Also
- Five stocks we like better than Rocket Lab
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Want to see what other hedge funds are holding RKLB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rocket Lab Corporation (NASDAQ:RKLB – Free Report).
Receive News & Ratings for Rocket Lab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rocket Lab and related companies with MarketBeat.com's FREE daily email newsletter.
