Rocket Lab Corporation $RKLB Holdings Lowered by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC reduced its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 67.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,477 shares of the rocket manufacturer’s stock after selling 11,188 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in Rocket Lab were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. AQR Capital Management LLC increased its stake in shares of Rocket Lab by 114.0% during the first quarter. AQR Capital Management LLC now owns 174,308 shares of the rocket manufacturer’s stock valued at $3,117,000 after acquiring an additional 92,849 shares during the period. NewEdge Advisors LLC lifted its position in Rocket Lab by 1,812.1% in the first quarter. NewEdge Advisors LLC now owns 36,807 shares of the rocket manufacturer’s stock worth $658,000 after purchasing an additional 34,882 shares during the period. Jones Financial Companies Lllp boosted its stake in Rocket Lab by 53.8% during the 1st quarter. Jones Financial Companies Lllp now owns 15,745 shares of the rocket manufacturer’s stock valued at $282,000 after purchasing an additional 5,507 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Rocket Lab by 13.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 773,548 shares of the rocket manufacturer’s stock valued at $13,831,000 after purchasing an additional 90,758 shares during the period. Finally, Focus Partners Wealth increased its position in shares of Rocket Lab by 1.0% during the 1st quarter. Focus Partners Wealth now owns 67,584 shares of the rocket manufacturer’s stock valued at $1,206,000 after purchasing an additional 681 shares during the period. 71.78% of the stock is currently owned by institutional investors.

Insider Activity at Rocket Lab

In other news, CEO Peter Beck sold 18,857 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $69.59, for a total transaction of $1,312,258.63. Following the completion of the sale, the chief executive officer directly owned 884,085 shares of the company’s stock, valued at $61,523,475.15. This represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Arjun Kampani sold 23,711 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $71.95, for a total value of $1,706,006.45. Following the completion of the transaction, the senior vice president owned 397,988 shares of the company’s stock, valued at $28,635,236.60. This trade represents a 5.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,707,614 shares of company stock valued at $129,031,621 over the last ninety days. Company insiders own 11.90% of the company’s stock.

Rocket Lab News Summary

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

• Positive Sentiment: Germany cleared Rocket Lab’s acquisition of Mynaric, removing a regulatory hurdle and improving access to optical communications supply chain and integration benefits — a catalyst that previously pushed shares sharply higher. Rocket Lab (RKLB) Stock Soars 12% as Germany Greenlights Mynaric Acquisition
• Positive Sentiment: Rocket Lab’s growing defense/business backlog (including a reported ~$190M hypersonic HASTE contract and SDA/DoD work) increases multi‑year revenue visibility and supports a constructive long‑term growth case. Does Rocket Lab’s Record Hypersonic Test Deal Redefine the Bull Case for RKLB?
• Positive Sentiment: Sector-wide optimism from reports that SpaceX confidentially filed for an IPO and the high-profile NASA Artemis II activity are lifting sentiment across space names, providing momentum tailwinds for RKLB. Planet Labs and Rocket Lab Stocks Surge after SpaceX Confidentially Files for IPO
• Neutral Sentiment: Analyst coverage is mixed: some firms highlight “significant growth potential” while others (Wells Fargo) initiated at equal‑weight with a $60 price target — creating balanced upside/downside signals rather than a clear near‑term directional driver. Rocket Lab (RKLB) Stock Faces Mixed Forecast
• Neutral Sentiment: Analyst notes and research pieces (Zacks, others) call out a $1.85B backlog and strong demand but warn of execution risks (Neutron timing, supplier constraints) — supportive for revenue outlook but risk to near‑term results. Rocket Lab’s Backlog Provides a Clear Path to 2026 Revenue Growth
• Negative Sentiment: Geopolitical fears and risk‑off headlines drove an early intraday pullback in space stocks (reports of ~6% drops in RKLB in early trading), which can pressure sentiment even as company fundamentals remain constructive. AST SpaceMobile and Rocket Lab Drop 6%: Geopolitical Fears Overshadow Catalysts
• Negative Sentiment: Rocket Lab filed a large share sale program (~$1B), which investors may view as dilution risk or prudent financing depending on execution; that ambiguity can cap near‑term upside. Prediction: Rocket Lab Could Soar if This $1 Billion Bet Pays Off

Rocket Lab Price Performance

Shares of NASDAQ:RKLB opened at $67.73 on Friday. The company has a market capitalization of $38.43 billion, a PE ratio of -183.05 and a beta of 2.20. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.61 and a current ratio of 4.08. The stock has a fifty day moving average of $71.79 and a 200-day moving average of $64.83. Rocket Lab Corporation has a one year low of $14.71 and a one year high of $99.58.

Analysts Set New Price Targets

Several brokerages have recently weighed in on RKLB. Stifel Nicolaus upped their price objective on Rocket Lab from $75.00 to $85.00 and gave the company a “buy” rating in a report on Monday, December 22nd. The Goldman Sachs Group lifted their target price on Rocket Lab from $47.00 to $69.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocket Lab in a research report on Thursday, January 22nd. Morgan Stanley raised shares of Rocket Lab from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $67.00 to $105.00 in a report on Friday, January 16th. Finally, Needham & Company LLC reduced their price objective on shares of Rocket Lab from $110.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Rocket Lab currently has an average rating of “Moderate Buy” and an average target price of $79.42.

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.