National Pension Service Boosts Stock Position in Rocket Lab Corporation $RKLB

National Pension Service raised its holdings in Rocket Lab Corporation (NASDAQ:RKLB) by 38.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 953,796 shares of the rocket manufacturer’s stock after purchasing an additional 262,410 shares during the period. National Pension Service’s holdings in Rocket Lab were worth $96,953,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mcguire Capital Advisors Inc. bought a new stake in shares of Rocket Lab in the fourth quarter worth $27,000. Zions Bancorporation National Association UT bought a new position in Rocket Lab during the 4th quarter valued at $28,000. EverSource Wealth Advisors LLC increased its position in shares of Rocket Lab by 109.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock worth $28,000 after purchasing an additional 416 shares during the last quarter. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Rocket Lab in the 4th quarter valued at about $29,000. Finally, Reflection Asset Management acquired a new stake in shares of Rocket Lab in the 4th quarter valued at about $30,000. 71.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rocket Lab

In related news, insider Frank Klein sold 35,558 shares of the business’s stock in a transaction that occurred on 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 $61,663,341.57. The trade was a 3.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Arjun Kampani sold 6,034 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $66.65, for a total value of $402,166.10. Following the transaction, the senior vice president owned 250,917 shares of the company’s stock, valued at approximately $16,723,618.05. The trade was a 2.35% decrease in their ownership of the stock. 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. In the last three months, insiders sold 3,624,371 shares of company stock worth $312,944,881. Corporate insiders own 8.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Cantor Fitzgerald lifted their price target on Rocket Lab from $96.00 to $122.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Rocket Lab in a research note on Friday, July 17th. Wall Street Zen downgraded Rocket Lab from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. KGI Securities upgraded Rocket Lab from a “neutral” rating to an “outperform” rating and set a $107.00 target price for the company in a research report on Monday, July 27th. Finally, Roth Capital set a $110.00 price target on Rocket Lab in a report on Tuesday, August 11th. Four research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $108.83.

Rocket Lab Price Performance

Shares of NASDAQ:RKLB opened at $61.96 on Friday. The company has a quick ratio of 4.98, a current ratio of 5.48 and a debt-to-equity ratio of 0.01. Rocket Lab Corporation has a fifty-two week low of $37.57 and a fifty-two week high of $151.00. The firm has a 50-day simple moving average of $72.33 and a 200 day simple moving average of $84.61. The company has a market cap of $37.07 billion, a PE ratio of -229.47 and a beta of 2.60.

Rocket Lab (NASDAQ:RKLB) last issued its earnings results on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $231.62 million. On average, sell-side analysts anticipate that Rocket Lab Corporation will post -0.2 EPS for the current year.

Rocket Lab News Summary

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

• Positive Sentiment: Rocket Lab introduced IMM Apex, a high-efficiency, germanium-free solar cell designed for spacecraft. The technology could reduce reliance on supply-constrained critical minerals while expanding the company’s space-systems business beyond launch services. The announcement triggered renewed investor interest. Rocket Lab stock moves on solar cell announcement
• Positive Sentiment: ARK Invest added approximately $154,000 of Rocket Lab shares, reinforcing the bullish view that the solar-cell launch and the company’s broader space-infrastructure strategy could become meaningful growth catalysts. ARK adds to Rocket Lab stake
• Positive Sentiment: Analysts and fund commentary point to Rocket Lab’s approximately $2.36 billion backlog, strong space-industry demand, record revenue and roughly $2.4 billion in cash as evidence that the company can continue funding expansion and Neutron development. Some bullish commentary describes the stock as undervalued. Backlog strength and space demand lift Rocket Lab
• Neutral Sentiment: Coverage of a potential Rocket Lab-related merger is primarily affecting Iridium’s valuation; deal structure, regulatory approval and RKLB’s share price at closing remain key variables. The reports do not establish a definitive near-term benefit for Rocket Lab shareholders. Iridium merger-arbitrage analysis
• Negative Sentiment: The first Neutron launch date remains uncertain. The next milestone may be delivery of hardware to the launch pad rather than an actual launch, increasing concern that delays could postpone a major revenue and valuation catalyst. Rocket Lab’s next Neutron milestone
• Negative Sentiment: Despite operational progress, Rocket Lab remains unprofitable, recently missed consensus EPS expectations and has declined sharply since its earnings report. Analysts also caution that the backlog does not eliminate execution risk tied to Neutron. Rocket Lab backlog and Neutron risk
• Negative Sentiment: Weakness across publicly traded space stocks, including selling pressure following a large SpaceX insider-share unlock, has created additional sector-wide pressure on RKLB. A reported zero short-interest balance appears inconsistent and should not be treated as a reliable trading signal.

About Rocket Lab

Rocket Lab USA, Inc is a space company that provides launch services and space systems for commercial, civil and national security customers. The company develops and operates launch vehicles, spacecraft and satellite components, with activities spanning the design, manufacture and operation of space hardware.

Rocket Lab’s Electron rocket is a small-lift orbital launch vehicle designed to deploy small satellites. The company also develops HASTE, a suborbital test vehicle based on Electron technology, and is developing Neutron, a larger reusable launch vehicle intended to support a broader range of missions.