Rocket Lab (NASDAQ:RKLB) SVP Arjun Kampani Sells 88,000 Shares of Stock

Posted by George Bondi on Jun 19th, 2026

Rocket Lab Corporation (NASDAQ:RKLB – Get Free Report) SVP Arjun Kampani sold 88,000 shares of Rocket Lab stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $107.98, for a total transaction of $9,502,240.00. Following the completion of the sale, the senior vice president owned 264,705 shares of the company’s stock, valued at $28,582,845.90. This trade represents a 24.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Arjun Kampani also recently made the following trade(s):

On Thursday, May 28th, Arjun Kampani sold 23,804 shares of Rocket Lab stock. The shares were sold at an average price of $147.43, for a total transaction of $3,509,423.72.
On Wednesday, May 27th, Arjun Kampani sold 70,000 shares of Rocket Lab stock. The stock was sold at an average price of $145.13, for a total transaction of $10,159,100.00.
On Tuesday, May 26th, Arjun Kampani sold 28,668 shares of Rocket Lab stock. The stock was sold at an average price of $142.57, for a total transaction of $4,087,196.76.

Rocket Lab Stock Down 0.7%

Shares of RKLB opened at $107.24 on Friday. The company has a current ratio of 4.47, a quick ratio of 4.02 and a debt-to-equity ratio of 0.02. Rocket Lab Corporation has a 12 month low of $27.84 and a 12 month high of $151.00. The firm’s 50 day moving average is $104.82 and its 200-day moving average is $83.14. The stock has a market capitalization of $62.07 billion, a PE ratio of -335.12 and a beta of 2.49.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.07). Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The business had revenue of $200.35 million for the quarter, compared to the consensus estimate of $189.65 million. During the same quarter in the prior year, the business posted ($0.12) earnings per share. The firm’s quarterly revenue was up 63.4% compared to the same quarter last year. Equities research analysts forecast that Rocket Lab Corporation will post -0.29 EPS for the current year.

Key Stories Impacting Rocket Lab

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

Positive Sentiment: Rocket Lab is being added to the Nasdaq-100 effective June 22, which could drive buying from index funds and ETFs that track the benchmark. Rocket Lab (RKLB) to Join Nasdaq-100 Index on June 22
Positive Sentiment: The company recently passed a key Space Development Agency review, reinforcing confidence in its defense and space business momentum. Rocket Lab (RKLB) Passes Key SDA Review As Nasdaq 100 Inclusion Reshapes Its Story
Positive Sentiment: Rocket Lab also continues to benefit from strong fundamentals, including record first-quarter revenue of about $200 million and a $2.2 billion backlog, which support the long-term growth story. Rocket Lab (RKLB) Stock Falls 30% Despite Record Q1 Results and Nasdaq-100 Entry

Institutional Trading of Rocket Lab

A number of hedge funds have recently made changes to their positions in the company. Swedbank AB grew its stake in shares of Rocket Lab by 8.2% during the fourth quarter. Swedbank AB now owns 509,250 shares of the rocket manufacturer’s stock valued at $35,525,000 after buying an additional 38,770 shares during the last quarter. Firsthand Capital Management Inc. grew its position in Rocket Lab by 40.0% during the 3rd quarter. Firsthand Capital Management Inc. now owns 70,000 shares of the rocket manufacturer’s stock worth $3,354,000 after acquiring an additional 20,000 shares during the last quarter. Swiss National Bank increased its stake in Rocket Lab by 67.7% in the 3rd quarter. Swiss National Bank now owns 1,243,630 shares of the rocket manufacturer’s stock worth $59,582,000 after purchasing an additional 501,830 shares during the period. Vanguard Group Inc. boosted its stake in shares of Rocket Lab by 13.4% during the fourth quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after purchasing an additional 5,610,469 shares during the period. Finally, State of New Jersey Common Pension Fund D grew its holdings in shares of Rocket Lab by 14.4% in the third quarter. State of New Jersey Common Pension Fund D now owns 153,106 shares of the rocket manufacturer’s stock worth $7,335,000 after purchasing an additional 19,304 shares during the last quarter. 71.78% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on RKLB shares. TD Cowen upped their price target on shares of Rocket Lab from $90.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Clear Str raised Rocket Lab to a “strong-buy” rating in a report on Wednesday, March 18th. Craig Hallum upgraded Rocket Lab from a “hold” rating to a “buy” rating and set a $98.00 price objective for the company in a research report on Friday, May 8th. KeyCorp raised Rocket Lab from a “sector weight” rating to an “overweight” rating and set a $135.00 target price for the company in a research note on Monday. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Rocket Lab in a research note on Wednesday, May 27th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $102.76.

Read Our Latest Stock Analysis on RKLB

About Rocket Lab

(Get 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.