Rocket Lab Corporation $RKLB Shares Sold by Resona Asset Management Co. Ltd.

Posted by Geri Gentry on May 22nd, 2026

Resona Asset Management Co. Ltd. reduced its holdings in Rocket Lab Corporation (NASDAQ:RKLB – Free Report) by 5.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,359 shares of the rocket manufacturer’s stock after selling 7,452 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Rocket Lab were worth $8,681,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Rocket Lab by 13.4% in the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after buying an additional 5,610,469 shares during the period. Baillie Gifford & Co. lifted its holdings in shares of Rocket Lab by 47.2% in the 4th quarter. Baillie Gifford & Co. now owns 17,851,446 shares of the rocket manufacturer’s stock valued at $1,245,317,000 after buying an additional 5,725,536 shares during the period. Capital World Investors lifted its holdings in shares of Rocket Lab by 9.4% in the 3rd quarter. Capital World Investors now owns 14,462,103 shares of the rocket manufacturer’s stock valued at $692,879,000 after buying an additional 1,242,547 shares during the period. State Street Corp raised its holdings in Rocket Lab by 13.6% during the third quarter. State Street Corp now owns 12,399,571 shares of the rocket manufacturer’s stock worth $594,063,000 after purchasing an additional 1,487,237 shares during the last quarter. Finally, ARK Investment Management LLC raised its holdings in Rocket Lab by 0.7% during the third quarter. ARK Investment Management LLC now owns 2,486,795 shares of the rocket manufacturer’s stock worth $119,142,000 after purchasing an additional 16,329 shares during the last quarter. 71.78% of the stock is owned by institutional investors and hedge funds.

Rocket Lab Stock Performance

Rocket Lab stock opened at $125.45 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.02 and a current ratio of 4.47. The stock has a fifty day moving average of $83.57 and a two-hundred day moving average of $72.72. The company has a market capitalization of $72.60 billion, a price-to-earnings ratio of -392.03 and a beta of 2.30. Rocket Lab Corporation has a fifty-two week low of $23.92 and a fifty-two week high of $138.38.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, hitting the consensus estimate of ($0.07). The company had revenue of $200.35 million during the quarter, compared to the consensus estimate of $189.65 million. Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.Rocket Lab’s revenue was up 63.4% compared to the same quarter last year. During the same quarter last year, the business posted ($0.12) earnings per share. On average, analysts anticipate that Rocket Lab Corporation will post -0.24 EPS for the current fiscal year.

Key Rocket Lab News

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

Positive Sentiment: Rocket Lab continues to show strong underlying business momentum, with Q1 revenue up about 63% year over year and backlog more than doubling, reinforcing the company’s long-term growth story.
Positive Sentiment: Shareholders approved governance changes at the 2026 annual meeting, which may support a more streamlined corporate structure and signal continued alignment with management’s strategy. Rocket Lab Shareholders Approve Governance Changes at Annual Meeting
Neutral Sentiment: SpaceX IPO speculation is keeping the broader space sector in focus, and Rocket Lab is being mentioned as one of the names benefiting from renewed investor attention on space infrastructure stocks.
Negative Sentiment: The $3 billion stock sale program is the main pressure point, as the market is worried about dilution and the possibility that future share issuance could weigh on per-share value. Rocket Lab Stock Falls After Announcing $3 Billion Distribution Agreement
Negative Sentiment: Several articles and commentary point to valuation concerns after a sharp run-up in the stock, with some analysts urging caution and suggesting investors may be chasing the move too late.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a report on Tuesday, April 21st. BTIG Research reaffirmed a “hold” rating on shares of Rocket Lab in a report on Tuesday, May 12th. Stifel Nicolaus reaffirmed a “buy” rating and set a $105.00 price objective (up from $90.00) on shares of Rocket Lab in a report on Monday, April 20th. Deutsche Bank Aktiengesellschaft lifted their price objective on Rocket Lab from $73.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, Craig Hallum raised Rocket Lab from a “hold” rating to a “buy” rating and set a $98.00 price objective for the company in a report on Friday, May 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $97.19.

Check Out Our Latest Stock Analysis on Rocket Lab

Insider Activity at Rocket Lab

In other Rocket Lab news, insider Frank Klein sold 44,482 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $69.59, for a total transaction of $3,095,502.38. Following the completion of the transaction, the insider owned 1,125,005 shares of the company’s stock, valued at approximately $78,289,097.95. This trade represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Adam C. Spice sold 62,744 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $69.59, for a total value of $4,366,354.96. Following the transaction, the chief financial officer directly owned 1,296,824 shares of the company’s stock, valued at $90,245,982.16. The trade was a 4.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 333,449 shares of company stock valued at $28,295,233 in the last ninety days. 8.40% of the stock is owned by insiders.

About Rocket Lab

(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.