Stock Traders Buy High Volume of Rocket Lab Call Options (NASDAQ:RKLB)

Rocket Lab Corporation (NASDAQ:RKLB) saw unusually large options trading on Friday. Stock investors acquired 192,583 call options on the stock. This is an increase of 45% compared to the average volume of 132,734 call options.

Analyst Ratings Changes

Several research analysts recently commented on RKLB shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $55.00 target price on shares of Rocket Lab in a research report on Wednesday, September 3rd. Craig Hallum assumed coverage on Rocket Lab in a research note on Monday, July 28th. They issued a “hold” rating and a $51.00 price target for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Rocket Lab in a research report on Saturday, September 27th. Roth Capital reissued a “buy” rating on shares of Rocket Lab in a research report on Friday, August 29th. Finally, Bank of America raised their price objective on Rocket Lab from $30.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $42.27.

Rocket Lab Trading Up 7.0%

Shares of Rocket Lab stock opened at $56.16 on Friday. The firm’s 50 day moving average is $46.61 and its 200 day moving average is $34.20. The firm has a market capitalization of $27.18 billion, a PE ratio of -124.80 and a beta of 2.14. Rocket Lab has a 1 year low of $8.99 and a 1 year high of $56.94. The company has a current ratio of 2.67, a quick ratio of 2.33 and a debt-to-equity ratio of 0.60.

Rocket Lab (NASDAQ:RKLB) last issued its earnings results on Thursday, August 7th. The rocket manufacturer reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06). The company had revenue of $144.50 million during the quarter, compared to analyst estimates of $135.42 million. Rocket Lab had a negative net margin of 45.87% and a negative return on equity of 48.14%. The business’s quarterly revenue was up 35.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.08) EPS. Rocket Lab has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Rocket Lab will post -0.38 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Frank Klein sold 4,286 shares of the company’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $47.72, for a total value of $204,527.92. Following the completion of the sale, the insider directly owned 1,316,005 shares in the company, valued at approximately $62,799,758.60. This represents a 0.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Adam C. Spice sold 874,588 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $48.01, for a total value of $41,988,969.88. Following the completion of the sale, the chief financial officer owned 2,057,889 shares of the company’s stock, valued at approximately $98,799,250.89. This trade represents a 29.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,406,361 shares of company stock worth $267,483,973 in the last 90 days. 11.90% of the stock is owned by corporate insiders.

Institutional Trading of Rocket Lab

Several institutional investors have recently modified their holdings of the business. Aaron Wealth Advisors LLC acquired a new stake in Rocket Lab in the third quarter valued at $206,000. GAMMA Investing LLC increased its stake in shares of Rocket Lab by 57.0% in the third quarter. GAMMA Investing LLC now owns 2,383 shares of the rocket manufacturer’s stock valued at $114,000 after buying an additional 865 shares during the period. Corient Private Wealth LLC acquired a new stake in shares of Rocket Lab in the second quarter valued at about $402,000. Valeo Financial Advisors LLC bought a new position in shares of Rocket Lab during the second quarter worth about $636,000. Finally, Osaic Holdings Inc. raised its position in shares of Rocket Lab by 92.2% during the second quarter. Osaic Holdings Inc. now owns 119,099 shares of the rocket manufacturer’s stock worth $4,259,000 after acquiring an additional 57,125 shares during the last quarter. Institutional investors own 71.78% of the company’s stock.

Rocket Lab Company Profile

Rocket Lab USA, Inc, a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.