TB Alternative Assets Ltd. Invests $24.88 Million in Rocket Lab Corporation $RKLB

TB Alternative Assets Ltd. bought a new position in shares of Rocket Lab Corporation (NASDAQ:RKLB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 519,235 shares of the rocket manufacturer’s stock, valued at approximately $24,877,000. Rocket Lab comprises about 3.7% of TB Alternative Assets Ltd.’s holdings, making the stock its 12th largest position.

A number of other institutional investors have also bought and sold shares of RKLB. Kingstone Capital Partners Texas LLC acquired a new stake in Rocket Lab during the 2nd quarter worth about $192,918,000. Norges Bank bought a new stake in shares of Rocket Lab during the 2nd quarter valued at about $164,751,000. Invesco Ltd. grew its stake in Rocket Lab by 67.0% during the second quarter. Invesco Ltd. now owns 6,242,304 shares of the rocket manufacturer’s stock worth $223,287,000 after purchasing an additional 2,504,054 shares during the period. Marex Group plc bought a new stake in Rocket Lab in the second quarter worth approximately $74,359,000. Finally, HRT Financial LP acquired a new position in Rocket Lab in the second quarter valued at approximately $59,410,000. Institutional investors own 71.78% of the company’s stock.

Rocket Lab Stock Down 8.5%

Rocket Lab stock opened at $70.65 on Friday. The firm has a market capitalization of $37.74 billion, a price-to-earnings ratio of -185.92 and a beta of 2.20. The firm’s fifty day moving average price is $55.35 and its two-hundred day moving average price is $48.86. Rocket Lab Corporation has a 1-year low of $14.71 and a 1-year high of $79.83. The company has a current ratio of 3.18, a quick ratio of 2.83 and a debt-to-equity ratio of 0.32.

Rocket Lab (NASDAQ:RKLB) last posted its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The company had revenue of $155.08 million during the quarter, compared to the consensus estimate of $152.45 million. During the same period in the previous year, the firm posted ($0.10) earnings per share. The firm’s revenue for the quarter was up 48.0% on a year-over-year basis. On average, equities research analysts predict that Rocket Lab Corporation will post -0.38 earnings per share for the current fiscal year.

Trending Headlines about Rocket Lab

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

• Positive Sentiment: Report that Rocket Lab jumped on a possible roughly $1B U.S. Space Development Agency (SDA) deal — this is the primary bullish fundamental catalyst cited for the recent surge; the contract would materially boost backlog if confirmed. Rocket Lab (RKLB) jumps 17.7% on possible billion-$ US SDA deal
• Positive Sentiment: Technical breakout: IBD says Rocket Lab cleared a buy point and satisfied the eight‑week hold rule after the contract news — a bullish technical signal that drew momentum buyers. Rocket Lab Takes Off On Contract Win, Triggers This Rare Bullish Signal
• Neutral Sentiment: An analyst is reworking price targets after RKLB hit record highs — could mean upgrades or refreshed guidance sensitivity, but impact depends on final published target and rationale. Rocket Lab analyst rethinks stock target after hitting record high
• Neutral Sentiment: Reported short‑interest data are anomalous (showing zero in the snapshot), so they don’t provide clear insight into crowd positioning; treat that metric cautiously until clarified by regular reporting sources.
• Negative Sentiment: Sectorwide pullback: Benzinga notes RKLB is cooling off as space-related stocks retrace year‑end gains — this broad weakness is a likely reason for today’s decline even after the positive headlines. Rocket Lab Stock Cools Off As Sector Pulls Back From Year‑End Rally
• Negative Sentiment: Insider selling: Director Nina Armagno sold ~27,314 shares in mid‑December — a sizable sale that may add to short‑term selling pressure or feed cautious sentiment among some investors. Nina Armagno Sells 27,314 Shares of Rocket Lab (NASDAQ:RKLB) Stock

Insider Transactions at Rocket Lab

In other news, SVP Arjun Kampani sold 10,554 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $42.08, for a total value of $444,112.32. Following the transaction, the senior vice president owned 450,460 shares in the company, valued at $18,955,356.80. This trade represents a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Merline Saintil sold 5,000 shares of Rocket Lab stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $65.00, for a total value of $325,000.00. Following the transaction, the director directly owned 388,529 shares in the company, valued at approximately $25,254,385. The trade was a 1.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 2,729,485 shares of company stock valued at $151,832,870. Corporate insiders own 11.90% of the company’s stock.

Analyst Upgrades and Downgrades

RKLB has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of Rocket Lab from a “hold” rating to a “sell” rating in a research report on Saturday, December 13th. Needham & Company LLC increased their target price on shares of Rocket Lab from $63.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday. Morgan Stanley decreased their price target on shares of Rocket Lab from $68.00 to $67.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Rocket Lab in a research report on Wednesday, October 8th. Finally, Baird R W upgraded Rocket Lab to a “strong-buy” rating in a research note on Thursday, October 16th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Rocket Lab currently has a consensus rating of “Moderate Buy” and an average price target of $61.25.

Rocket Lab Profile

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.