Rocket Lab Corporation $RKLB Stock Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC grew its holdings in Rocket Lab Corporation (NASDAQ:RKLB) by 81.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 31,041 shares of the rocket manufacturer’s stock after purchasing an additional 13,922 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Rocket Lab were worth $2,163,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Rocket Lab in the second quarter worth $4,124,970,000. Katamaran Capital LLP increased its position in shares of Rocket Lab by 86.2% during the first quarter. Katamaran Capital LLP now owns 19,808 shares of the rocket manufacturer’s stock worth $1,272,000 after acquiring an additional 9,172 shares during the period. Y.D. More Investments Ltd purchased a new stake in shares of Rocket Lab during the first quarter worth $642,000. Swiss National Bank increased its position in shares of Rocket Lab by 17.8% during the first quarter. Swiss National Bank now owns 1,410,930 shares of the rocket manufacturer’s stock worth $90,610,000 after acquiring an additional 212,700 shares during the period. Finally, Bank of Nova Scotia raised its stake in shares of Rocket Lab by 149.8% in the first quarter. Bank of Nova Scotia now owns 49,957 shares of the rocket manufacturer’s stock valued at $3,209,000 after acquiring an additional 29,956 shares in the last quarter. Institutional investors and hedge funds own 71.78% of the company’s stock.

Trending Headlines about Rocket Lab

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

• Positive Sentiment: Rocket Lab’s Electron vehicle continues to provide an operating track record: the company completed 19 launches in 2026 and is approaching its 100th mission. Coverage also points to a growing backlog as support for the business beyond Neutron. Why Rocket Lab’s Electron Rocket Matters More Than Ever
• Neutral Sentiment: Investors are awaiting third-quarter results on November 9. The report could clarify revenue growth and performance across Space Systems and launch services; expectations cited in recent coverage include continued revenue growth, alongside margin pressure. Rocket Lab Earnings Preview: Space Systems vs. Launch Services
• Negative Sentiment: The immediate headwind is a market-wide sell-off in high-growth and speculative stocks following election-related concerns about scrutiny and possible limits on data-center construction. Rocket Lab appears to be caught in the spillover, rather than reacting to a new company-specific announcement. Why Rocket Lab Stock Dropped Today
• Negative Sentiment: Neutron’s debut has been delayed after a manufacturing challenge, even though the issue was reportedly overcome. The delay raises execution risk because the larger rocket is central to Rocket Lab’s next growth phase. Why Rocket Lab Stock Plunged in October
• Negative Sentiment: Commentary flags potential dilution and funding demands tied to the proposed Iridium acquisition, alongside ongoing losses and a valuation that may leave little room for execution setbacks. CFO Adam Spice and a director also reported share sales under pre-arranged trading plans; such sales do not necessarily signal a change in their outlook. Space Stocks Compared on Key Financial Measures

Rocket Lab Trading Down 12.2%

NASDAQ RKLB opened at $45.99 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 52 week low of $37.57 and a 52 week high of $151.00. The stock has a market capitalization of $27.52 billion, a PE ratio of -170.33 and a beta of 3.15. The firm has a 50 day moving average of $62.85 and a two-hundred day moving average of $79.13.

Rocket Lab (NASDAQ:RKLB) last announced its quarterly earnings data on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. The firm had revenue of $234.07 million during the quarter, compared to analyst estimates of $231.62 million. As a group, research analysts expect that Rocket Lab Corporation will post -0.20 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on RKLB. TD Cowen reiterated a “buy” rating and issued a $90.00 target price on shares of Rocket Lab in a report on Thursday, October 15th. Roth Capital restated a “buy” rating on shares of Rocket Lab in a report on Thursday, October 15th. Raymond James Financial started coverage on Rocket Lab in a report on Friday, September 11th. They set an “outperform” rating and a $80.00 price target on the stock. Piper Sandler started coverage on Rocket Lab in a research report on Wednesday, July 15th. They issued a “neutral” rating and a $83.00 price target on the stock. Finally, Citigroup reiterated a “market outperform” rating on shares of Rocket Lab in a research note on Friday, October 16th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $102.05.

Insider Activity

In related news, SVP Arjun Kampani sold 7,754 shares of the business’s stock in a transaction on Monday, August 24th. The shares were 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 owned 256,951 shares in the company, valued at approximately $17,891,498.13. The trade was a 2.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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. Also, insider Frank Klein sold 45,692 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $69.63, for a total value of $3,181,533.96. Following the completion of the transaction, the insider directly owned 961,295 shares in the company, valued at $66,934,970.85. This trade represents a 4.54% decrease in their position. The SEC filing for this sale provides additional information. 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 quarter, insiders have sold 551,832 shares of company stock valued at $34,940,037. Insiders own 8.40% of the company’s stock.

About Rocket Lab

Rocket Lab USA, Inc is a space and defense company that develops and operates launch vehicles, spacecraft, satellite components and related space systems. The company serves government, commercial and scientific customers seeking access to orbit and other space-based capabilities.

Rocket Lab’s launch business is centered on Electron, a small orbital launch vehicle designed to carry satellites and other payloads into low Earth orbit. The company also develops specialized launch and hypersonic test services through programs such as HASTE, while its Neutron vehicle is intended to provide larger payload capacity and support future commercial and government missions.

Through its space systems business, Rocket Lab produces satellite platforms, flight computers, power systems, solar cells, reaction wheels, separation systems, radios and other components used in spacecraft.