Pier 88 Investment Partners LLC Sells 40,310 Shares of Rocket Lab Corporation $RKLB

Pier 88 Investment Partners LLC cut its holdings in Rocket Lab Corporation (NASDAQ:RKLB) by 62.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,060 shares of the rocket manufacturer’s stock after selling 40,310 shares during the period. Pier 88 Investment Partners LLC’s holdings in Rocket Lab were worth $1,153,000 at the end of the most recent reporting period.

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

Rocket Lab Stock Down 9.5%

RKLB stock opened at $80.43 on Tuesday. Rocket Lab Corporation has a fifty-two week low of $14.71 and a fifty-two week high of $99.58. The company has a market capitalization of $42.96 billion, a price-to-earnings ratio of -211.64 and a beta of 2.16. The business’s 50 day moving average price is $66.40 and its two-hundred day moving average price is $56.50. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.83 and a current ratio of 3.18.

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, beating the consensus estimate of ($0.05) by $0.02. The company had revenue of $155.08 million for the quarter, compared to analyst estimates of $152.45 million. Rocket Lab had a negative return on equity of 27.26% and a negative net margin of 35.64%.The firm’s revenue was up 48.0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.10) earnings per share. As a group, analysts forecast 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: Rocket Lab landed a material defense contract that the outlet calls “historic,” which could meaningfully increase secured backlog and government revenue over the next 12 months — a potential catalyst for higher revenue visibility and valuation re-rating. Massive News: Rocket Lab Just Secured a Defense Deal That Changes Everything
• Positive Sentiment: Rocket Lab’s “Hungry Hippo” captive fairing — described as a world-first for a commercial rocket — arrived at the Virginia launch site ahead of the first Neutron flight, marking a concrete program milestone and helping de‑risk near-term flight hardware readiness. Rocket Lab’s Hungry Hippo Fairing Arrives at Virginia Launch Site Ahead of First Neutron Flight
• Positive Sentiment: Rocket Lab completed a recent Electron launch successfully, reinforcing the company’s operational cadence and revenue generation from launch services. That success supports confidence in the company’s core launch business. Why Rocket Lab (RKLB) Stock Is Down Today Despite A Successful Electron Launch
• Neutral Sentiment: Rocket Lab set its fourth-quarter and full-year 2025 earnings release for Feb. 26, creating a near-term catalyst/risk where guidance and backlog details could swing sentiment. Rocket Lab Announces Date of Fourth-Quarter and Full-Year 2025 Financial Results
• Neutral Sentiment: Market commentary and retail/institutional comparisons (articles suggesting an ETF alternative) are highlighting diversified options for investors who want space exposure without single-stock risk — this can temper demand for standalone stocks like RKLB. You Can Do Better Than Rocket Labs With This 1 ETF
• Negative Sentiment: Reports note an issue during testing tied to the upcoming Neutron rocket. That test anomaly increases schedule and execution risk for Neutron — the program investors are pricing for future growth — and helps explain downward pressure despite the recent Electron success. Why Rocket Lab (RKLB) Stock Is Down Today Despite A Successful Electron Launch

Insider Transactions at Rocket Lab

In other Rocket Lab news, CFO Adam C. Spice sold 1,365,665 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $75.50, for a total value of $103,107,707.50. Following the sale, the chief financial officer owned 1,359,568 shares in the company, valued at approximately $102,647,384. This represents a 50.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frank Klein sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $72.95, for a total transaction of $7,295,000.00. Following the transaction, the insider directly owned 1,169,487 shares of the company’s stock, valued at $85,314,076.65. This represents a 7.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,306,150 shares of company stock worth $271,865,732. 11.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on RKLB. Citigroup restated a “market perform” rating on shares of Rocket Lab in a report on Wednesday, November 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Rocket Lab in a research report on Thursday. TD Cowen reaffirmed a “buy” rating on shares of Rocket Lab in a research note on Thursday. The Goldman Sachs Group raised their target price on Rocket Lab from $47.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Finally, Wall Street Zen raised Rocket Lab from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Rocket Lab has an average rating of “Moderate Buy” and a consensus target price of $72.92.

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.