Zevenbergen Capital Investments LLC Lowers Stock Holdings in Rocket Lab Corporation $RKLB

Zevenbergen Capital Investments LLC cut its holdings in Rocket Lab Corporation (NASDAQ:RKLB) by 3.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,044,961 shares of the rocket manufacturer’s stock after selling 37,395 shares during the quarter. Rocket Lab accounts for 1.0% of Zevenbergen Capital Investments LLC’s investment portfolio, making the stock its 29th largest position. Zevenbergen Capital Investments LLC owned about 0.22% of Rocket Lab worth $50,064,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Voya Investment Management LLC lifted its position in shares of Rocket Lab by 22.7% during the 3rd quarter. Voya Investment Management LLC now owns 1,581,831 shares of the rocket manufacturer’s stock valued at $75,786,000 after buying an additional 292,455 shares in the last quarter. Teamwork Financial Advisors LLC raised its position in Rocket Lab by 139.8% during the third quarter. Teamwork Financial Advisors LLC now owns 25,390 shares of the rocket manufacturer’s stock worth $1,216,000 after acquiring an additional 14,800 shares during the period. Accel Wealth Management purchased a new position in Rocket Lab during the third quarter valued at $448,000. Hamilton Lane Advisors LLC acquired a new stake in shares of Rocket Lab in the third quarter valued at about $766,000. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of Rocket Lab during the third quarter worth about $626,000. 71.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Rocket Lab

In other Rocket Lab news, SVP Arjun Kampani sold 10,554 shares of the business’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $42.08, for a total value of $444,112.32. Following the completion of the transaction, the senior vice president owned 450,460 shares in the company, valued at $18,955,356.80. The trade was a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Peter Beck sold 939,746 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $54.73, for a total value of $51,432,298.58. The SEC filing for this sale provides additional information. Insiders have sold 2,697,171 shares of company stock valued at $149,644,782 over the last three months. 11.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a research note on Wednesday, October 8th. Bank of America increased their target price on Rocket Lab from $50.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, November 19th. KeyCorp lifted their price target on Rocket Lab from $50.00 to $75.00 and gave the stock an “overweight” rating in a research note on Friday, October 17th. Citigroup reissued a “market perform” rating on shares of Rocket Lab in a research note on Wednesday, November 12th. Finally, Roth Capital reiterated a “buy” rating and issued a $75.00 price objective on shares of Rocket Lab in a report on Tuesday, November 11th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Rocket Lab presently has an average rating of “Moderate Buy” and an average price target of $58.17.

Rocket Lab Trading Up 17.7%

RKLB opened at $70.52 on Friday. The business’s 50 day moving average price is $54.50 and its 200 day moving average price is $47.05. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.83 and a current ratio of 3.18. The stock has a market capitalization of $37.67 billion, a PE ratio of -185.58 and a beta of 2.20. Rocket Lab Corporation has a one year low of $14.71 and a one year high of $73.97.

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

Rocket Lab News Roundup

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

• Positive Sentiment: A landmark SDA prime contract worth $816 million to design and build 18 TRKT3 tracking satellites — Rocket Lab’s largest single award to date. The deal uses Rocket Lab’s vertically integrated Lightning platform, includes the Phoenix infrared sensor and StarLite protection sensors, and could add subsystem revenue that brings total capture value toward ~$1B; it builds on a prior $515M SDA award and meaningfully boosts the company’s government backlog and prime-contractor credentials. Rocket Lab Awarded $816M Prime Contract (GlobeNewswire)
• Positive Sentiment: Operational execution: Rocket Lab completed the STP‑S30 launch for the U.S. Space Force five months ahead of schedule and logged its 20th Electron launch of 2025 — a proof point for reliability, responsiveness and government customer trust that supports higher valuation multiples for launch & space-systems providers. Rocket Lab Executes Successful STP-S30 Launch (GlobeNewswire)
• Positive Sentiment: Sector tailwinds: renewed optimism in the space sector (including high-profile SpaceX IPO talk and renewed U.S. lunar policy) has repriced peers and benefited RKLB as one of the few scaled, public space names. That broader sentiment boost helps explain a rally beyond company-specific news. Rocket Lab’s Sharp Rebound (MarketBeat)
• Neutral Sentiment: Analyst coverage and price targets remain mixed-but-leaning-positive (multiple recent Buys/Overweights; median target noted around the low $60s), supporting demand but leaving room for divergence vs. the current market price. MarketBeat analyst coverage summary
• Neutral Sentiment: Major upcoming catalyst: Neutron (medium‑lift vehicle) remains the key longer-term growth and valuation inflection — a high-upside but execution‑sensitive event (maiden flight expected in 2026). Success would expand addressable market; failure or delays would weigh on expectations. Rocket Lab catalysts and Neutron (MarketBeat)
• Negative Sentiment: Insider selling: significant recent insider stock sales (including CEO and other executives) have been reported and could raise short‑term concern about share supply or management liquidity needs — a watch item for investors. Insider Selling Reports (American Banking News)
• Negative Sentiment: Program and concentration risks: large government awards concentrate revenue and carry schedule, performance and compliance risks; analysts and coverage note that delays or contract issues could materially affect near-term financials and stock performance. Quiver / SDA contract analysis

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.