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

Kestra Private Wealth Services LLC lifted its position in Rocket Lab Corporation (NASDAQ:RKLB) by 81.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hilton Head Capital Partners LLC boosted its holdings in Rocket Lab by 3,590.0% in the 3rd quarter. Hilton Head Capital Partners LLC now owns 369 shares of the rocket manufacturer’s stock valued at $26,000 after purchasing an additional 359 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Rocket Lab in the 2nd quarter valued at approximately $30,000. Highland Investment Advisors LLC purchased a new stake in shares of Rocket Lab in the 2nd quarter valued at approximately $30,000. NBH Bank acquired a new position in Rocket Lab in the second quarter valued at approximately $30,000. Finally, Cherry Tree Wealth Management LLC acquired a new position in Rocket Lab in the second quarter valued at approximately $32,000. 71.78% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting 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

Insider Transactions at Rocket Lab

In other Rocket Lab news, insider Marvin Clevenger sold 15,051 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $69.63, for a total value of $1,048,001.13. Following the sale, the insider owned 458,924 shares of the company’s stock, valued at $31,954,878.12. The trade was a 3.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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, CFO Adam Spice sold 140,157 shares of the company’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $52.79, for a total value of $7,398,888.03. Following the transaction, the chief financial officer owned 1,155,967 shares in the company, valued at $61,023,497.93. This trade represents a 10.81% decrease in their ownership of the stock. 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. Insiders have sold 551,832 shares of company stock worth $34,940,037 in the last three months. Company insiders own 8.40% of the company’s stock.

Rocket Lab Price Performance

Shares of RKLB opened at $45.99 on Friday. Rocket Lab Corporation has a 1-year low of $37.57 and a 1-year high of $151.00. The stock has a market cap of $27.52 billion, a PE ratio of -170.33 and a beta of 3.15. The firm has a 50-day simple moving average of $62.85 and a two-hundred day simple moving average of $79.13. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.48 and a quick ratio of 4.98.

Rocket Lab (NASDAQ:RKLB) last released 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). The company had revenue of $234.07 million during the quarter, compared to analysts’ expectations of $231.62 million. Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. As a group, analysts forecast that Rocket Lab Corporation will post -0.20 EPS for the current year.

Wall Street Analysts Forecast Growth

RKLB has been the subject of several analyst reports. KeyCorp lowered their price objective on Rocket Lab from $135.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Cantor Fitzgerald restated a “mixed” rating and issued a $122.00 target price on shares of Rocket Lab in a research report on Thursday, October 15th. Roth Capital restated a “buy” rating on shares of Rocket Lab in a research report on Thursday, October 15th. Wall Street Zen lowered Rocket Lab from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $120.00 price target on shares of Rocket Lab in a report on Friday, October 16th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Rocket Lab has an average rating of “Moderate Buy” and a consensus price target of $102.05.

Rocket Lab Profile

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.