Vise Technologies Inc. purchased a new stake in Rocket Lab Corporation (NASDAQ:RKLB – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 15,701 shares of the rocket manufacturer’s stock, valued at approximately $1,596,000.
Several other hedge funds and other institutional investors also recently modified their holdings of RKLB. Swedbank AB lifted its stake in Rocket Lab by 8.2% during the fourth quarter. Swedbank AB now owns 509,250 shares of the rocket manufacturer’s stock worth $35,525,000 after purchasing an additional 38,770 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Rocket Lab by 13.4% during the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after purchasing an additional 5,610,469 shares during the last quarter. BlackRock Inc. bought a new position in shares of Rocket Lab during the 2nd quarter valued at about $4,124,970,000. Katamaran Capital LLP raised its holdings in shares of Rocket Lab by 86.2% during the 1st quarter. Katamaran Capital LLP now owns 19,808 shares of the rocket manufacturer’s stock valued at $1,272,000 after buying an additional 9,172 shares in the last quarter. Finally, Westfield Capital Management Co. LP lifted its position in Rocket Lab by 6.3% in the 4th quarter. Westfield Capital Management Co. LP now owns 2,592,443 shares of the rocket manufacturer’s stock worth $180,849,000 after buying an additional 154,623 shares during the last quarter. Hedge funds and other institutional investors own 71.78% of the company’s stock.
Insider Activity at Rocket Lab
In related news, Director Alexander R. Slusky sold 60,000 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $149.40, for a total value of $8,964,000.00. Following the completion of the sale, the director owned 374,675 shares of the company’s stock, valued at $55,976,445. This trade represents a 13.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Frank Klein sold 44,390 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $142.57, for a total value of $6,328,682.30. Following the completion of the sale, the insider directly owned 1,043,847 shares of the company’s stock, valued at $148,821,266.79. The trade was a 4.08% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 3,749,294 shares of company stock valued at $351,008,208 over the last 90 days. Company insiders own 8.40% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Stock Report on RKLB
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 satellite for Japan’s iQPS. The launch was the company’s 14th of 2026 and extended a 100% success streak for iQPS missions. 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 and defense awards are strengthening Rocket Lab’s position as a national-security contractor. Highlights include participation in the NITE-STAR program, with a potential ceiling of $981 million, a protected military communications satellite-bus role, the $397 million Flatellite contract, and a record $266 million missile-defense launch award. The company’s backlog reportedly exceeds $2.3 billion.
- Positive Sentiment: CEO Peter Beck said the proposed $8 billion Iridium acquisition is intended to expand Rocket Lab’s satellite-communications capabilities without directly competing with SpaceX’s Starlink. Management is positioning the deal as a differentiated communications offering, although investors will weigh its strategic benefits against transaction and execution risks. Rocket Lab CEO discusses Iridium deal
- Neutral Sentiment: Analysts remain broadly optimistic, with a reported median price target of $120 and a separate consensus average of $110.65. However, these targets depend heavily on continued contract growth and successful Neutron development.
- Negative Sentiment: Rocket Lab remains unprofitable and recently missed quarterly EPS expectations despite beating revenue estimates. Heavy spending on Neutron has pressured margins, while a first-stage tank issue has pushed Neutron’s debut to the fourth quarter, delaying a major potential growth catalyst.
- Negative Sentiment: Valuation remains demanding after the sell-off, with the company trading at a very high sales multiple and carrying a negative earnings profile. In addition, reports show extensive insider selling—including sales by CEO Peter Beck—without reported insider purchases, which may weigh on sentiment.
- Negative Sentiment: Higher oil prices and rising long-term interest rates have raised concerns about an economic slowdown and weaker industrial orders across aerospace-related stocks. The post-IPO volatility in SpaceX has also continued to pressure the broader space sector.
Rocket Lab Stock Performance
Rocket Lab stock opened at $72.57 on Friday. The company has a current ratio of 5.48, a quick ratio of 4.98 and a debt-to-equity ratio of 0.01. The firm has a market cap of $43.42 billion, a P/E ratio of -268.77 and a beta of 2.60. Rocket Lab Corporation has a 1-year low of $37.57 and a 1-year high of $151.00. The firm has a 50-day moving average of $81.86 and a 200-day moving average of $85.21.
Rocket Lab (NASDAQ:RKLB – Get Free Report) last announced its quarterly 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 net margin of 21.51% and a negative return on equity of 6.48%. The business had revenue of $234.07 million for the quarter, compared to analysts’ expectations of $231.62 million. Sell-side analysts expect that Rocket Lab Corporation will post -0.2 EPS for the current year.
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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