Silvant Capital Management LLC purchased a new stake in Rocket Lab Corporation (NASDAQ:RKLB – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 106,533 shares of the rocket manufacturer’s stock, valued at approximately $10,829,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. LaSalle St. Investment Advisors LLC acquired a new position in shares of Rocket Lab during the second quarter worth about $270,000. Kilter Group LLC acquired a new stake in Rocket Lab in the second quarter valued at $97,000. Hara Capital LLC acquired a new stake in Rocket Lab in the 2nd quarter valued at about $53,000. PCM Encore LLC acquired a new stake in shares of Rocket Lab in the second quarter valued at approximately $247,000. Finally, Altman Advisors Inc. acquired a new stake in Rocket Lab during the 2nd quarter valued at $343,000. 71.78% of the stock is currently owned by institutional investors and hedge funds.
Rocket Lab Trading Down 3.8%
NASDAQ RKLB opened at $72.95 on Friday. The firm has a market capitalization of $43.65 billion, a PE ratio of -270.18 and a beta of 2.60. The business’s 50-day moving average price is $82.46 and its two-hundred day moving average price is $85.30. 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 Corporation has a 12 month low of $37.57 and a 12 month high of $151.00.
Insider Buying and Selling at Rocket Lab
In other Rocket Lab news, Director Alexander R. Slusky sold 40,000 shares of Rocket Lab stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $123.60, for a total value of $4,944,000.00. Following the completion of the sale, the director directly owned 334,675 shares in the company, valued at approximately $41,365,830. The trade was a 10.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Peter Beck sold 990,960 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $82.86, for a total transaction of $82,110,945.60. Following the sale, the chief executive officer directly owned 1,724,221 shares of the company’s stock, valued at approximately $142,868,952.06. This trade represents a 36.50% 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. Insiders have sold a total of 3,749,294 shares of company stock valued at $351,008,208 over the last ninety days. Insiders own 8.40% of the company’s stock.
Rocket Lab News Summary
Here are the key news stories impacting Rocket Lab this week:
- Positive Sentiment: Rocket Lab successfully completed its 93rd Electron mission, deploying an Earth-imaging QPS-SAR satellite for Japan’s iQPS. The mission was the company’s 14th Electron launch of 2026 and the ninth successful iQPS deployment. Nine additional dedicated iQPS launches are booked through 2030, supporting future revenue visibility. Rocket Lab launches 93rd Electron mission
- Positive Sentiment: Recent U.S. Space Force business is strengthening Rocket Lab’s defense and government positioning. The company received two delivery orders worth $12 million for secure optical communications and joined the Space Data Network Consortium; investors see potential for larger follow-on opportunities if its Photon technology performs well. Rocket Lab lands $12 million Space Force deal
- Positive Sentiment: Analysts cited by Yahoo Finance estimate RKLB may be about 11% undervalued, with defense contracts, satellite wins and growing government communications work reshaping the company’s long-term growth story. ARK Invest also reportedly added shares, providing a supportive institutional signal. Rocket Lab could be undervalued
Analyst Upgrades and Downgrades
Several research analysts have weighed in on RKLB shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of Rocket Lab from $73.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. TD Cowen raised their target price 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. Citizens Jmp reaffirmed a “market outperform” rating and issued a $130.00 price target on shares of Rocket Lab in a research note on Tuesday, August 11th. Citigroup restated a “market outperform” rating on shares of Rocket Lab in a research note on Tuesday, July 28th. Finally, Roth Capital set a $110.00 price target on shares of Rocket Lab in a research note on Tuesday, August 11th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $110.65.
View Our Latest Stock Report on RKLB
About Rocket Lab
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.
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