Rocket Lab (NASDAQ:RKLB) Stock: Insider Adam Spice Sells 140,157 Shares

Posted by on Oct 2nd, 2026

Rocket Lab Corporation (NASDAQ:RKLB – Get Free Report) CFO Adam Spice sold 140,157 shares of Rocket Lab 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 $81,865,582.94. This represents a 10.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rocket Lab Price Performance

Rocket Lab stock traded up $3.46 during mid-day trading on Friday, hitting $73.92. The stock had a trading volume of 26,727,281 shares, compared to its average volume of 23,093,701. The firm’s 50 day moving average is $69.57 and its 200 day moving average is $84.41. Rocket Lab Corporation has a one year low of $37.57 and a one year high of $151.00. The firm has a market capitalization of $44.23 billion, a P/E ratio of -273.77 and a beta of 2.93. 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 earnings results on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.02). Rocket Lab had a negative return on equity of 6.48% and a negative net margin of 21.51%.The business had revenue of $234.07 million for the quarter, compared to analysts’ expectations of $231.62 million. On average, sell-side analysts forecast that Rocket Lab Corporation will post -0.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

RKLB has been the topic of several analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocket Lab in a report on Friday, July 17th. KeyCorp reaffirmed an “overweight” rating on shares of Rocket Lab in a research report on Tuesday, August 11th. Citigroup initiated coverage on shares of Rocket Lab in a research note on Thursday. They issued a “buy” rating and a $105.00 target price for the company. Cantor Fitzgerald reiterated an “overweight” rating on shares of Rocket Lab in a research note on Monday, September 21st. Finally, Bank of America dropped their price objective on shares of Rocket Lab from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Monday, August 31st. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $107.20.

Read Our Latest Stock Analysis on RKLB

More Rocket Lab News

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

  • Positive Sentiment: Record Synspective contract: Rocket Lab signed a multi-year agreement for 20 Electron launches between 2028 and 2031. The deal lifts Synspective’s total planned missions to 47 and pushes Rocket Lab’s launch backlog above 100 missions, strengthening visibility for future launch revenue. Rocket Lab’s 20-Launch Synspective Deal Pushes Backlog Above 100 Missions
  • Positive Sentiment: Wall Street support: Citi initiated coverage with a Buy rating and a $105 price target, calling RKLB a potential “core holding for space bulls.” Other analysts cited in recent coverage see substantial upside, supporting the stock’s rebound. Rocket Lab Stock Rises on Record Electron Launch Deal and Citi Buy Rating
  • Positive Sentiment: Institutional buying: Cathie Wood’s ARK Invest ETFs reportedly purchased more than $41 million of Rocket Lab shares across ARKK, ARKQ and ARKX. The buying reflects confidence in Electron, the company’s space-systems business and its planned Neutron rocket. Cathie Wood Is Buying Rocket Lab Again
  • Neutral Sentiment: Competitive backdrop: SpaceX’s successful Starship orbital test highlights both the opportunity and the threat for Rocket Lab. Larger, potentially lower-cost rockets could pressure launch economics, increasing the importance of Rocket Lab’s differentiated, dedicated-launch strategy and Neutron’s development.
  • Negative Sentiment: Risks remain: The Synspective contract’s financial terms were not disclosed, Rocket Lab remains unprofitable, and its latest reported quarter missed the consensus EPS estimate despite exceeding revenue expectations. Extensive insider selling—including sales by CEO Peter Beck—may also weigh on sentiment and raises valuation concerns after the recent rally.

Institutional Investors Weigh In On Rocket Lab

Institutional investors and hedge funds have recently modified their holdings of the company. CX Institutional increased its stake in shares of Rocket Lab by 52,312.8% during the 3rd quarter. CX Institutional now owns 126,839 shares of the rocket manufacturer’s stock valued at $8,838,000 after acquiring an additional 126,597 shares during the last quarter. Versant Capital Management Inc raised its stake in Rocket Lab by 366.8% during the third quarter. Versant Capital Management Inc now owns 9,564 shares of the rocket manufacturer’s stock valued at $666,000 after buying an additional 7,515 shares in the last quarter. Marathon Mission Inc. acquired a new stake in shares of Rocket Lab during the third quarter worth $221,000. Cim Investment Management Inc. bought a new position in shares of Rocket Lab in the second quarter worth $1,399,000. Finally, QRG Capital Management Inc. raised its position in shares of Rocket Lab by 164.7% during the 2nd quarter. QRG Capital Management Inc. now owns 97,177 shares of the rocket manufacturer’s stock worth $9,878,000 after buying an additional 60,461 shares in the last quarter. Institutional investors and hedge funds own 71.78% of the company’s stock.

About Rocket Lab

(Get Free Report)

Rocket Lab USA, Inc is a space and launch company that provides launch services, spacecraft, satellite components and other space systems for commercial, civil and national-security customers. The company designs and manufactures many of its products in-house, supporting missions from initial spacecraft development through launch and on-orbit operations.

Rocket Lab’s primary launch vehicle is Electron, a small-lift rocket designed to place satellites into low Earth orbit. The company also operates the HASTE suborbital test platform for hypersonic and other advanced aerospace technologies and is developing Neutron, a larger reusable rocket intended to serve commercial and government missions.

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Insider Buying and Selling by Quarter for Rocket Lab (NASDAQ:RKLB)

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