Rocket Lab Corporation $RKLB Shares Sold by Sigma Planning Corp

Sigma Planning Corp reduced its position in Rocket Lab Corporation (NASDAQ:RKLB) by 78.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,071 shares of the rocket manufacturer’s stock after selling 15,042 shares during the quarter. Sigma Planning Corp’s holdings in Rocket Lab were worth $284,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sara Bay Financial raised its stake in Rocket Lab by 0.7% in the 4th quarter. Sara Bay Financial now owns 15,905 shares of the rocket manufacturer’s stock valued at $1,121,000 after purchasing an additional 117 shares during the last quarter. ORG Partners LLC raised its stake in Rocket Lab by 9.1% in the 4th quarter. ORG Partners LLC now owns 1,458 shares of the rocket manufacturer’s stock valued at $102,000 after purchasing an additional 121 shares during the last quarter. Traynor Capital Management Inc. raised its stake in Rocket Lab by 1.9% in the 4th quarter. Traynor Capital Management Inc. now owns 7,191 shares of the rocket manufacturer’s stock valued at $502,000 after purchasing an additional 133 shares during the last quarter. Capital Advisors Wealth Management LLC raised its stake in Rocket Lab by 1.0% in the 4th quarter. Capital Advisors Wealth Management LLC now owns 13,466 shares of the rocket manufacturer’s stock valued at $939,000 after purchasing an additional 136 shares during the last quarter. Finally, Quadcap Wealth Management LLC raised its stake in Rocket Lab by 2.3% in the 4th quarter. Quadcap Wealth Management LLC now owns 6,246 shares of the rocket manufacturer’s stock valued at $436,000 after purchasing an additional 140 shares during the last quarter. 71.78% of the stock is owned by institutional investors and hedge funds.

Rocket Lab News Summary

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

• Positive Sentiment: Quarterly revenue and guidance: Rocket Lab reported a record quarterly revenue (~$200M) that beat Street estimates and issued stronger-than-expected Q2 revenue guidance ($225M–$240M), signaling top-line momentum. Read More.
• Positive Sentiment: Record backlog: Management booked a record backlog of ~$2.2B (above FactSet expectations), giving multi-year revenue visibility for launches and space systems. Read More.
• Positive Sentiment: Largest launch deal: Rocket Lab announced its biggest launch contract ever — multiple dedicated Neutron and Electron launches for a confidential customer, underpinning future launch volume. Read More.
• Positive Sentiment: New defense & government wins: Secured a ~$30M Anduril hypersonic-launch award and was selected with Raytheon for a Space Force interceptor demonstration — both expand the defense revenue mix. Read More.
• Positive Sentiment: Strategic M&A: Announced definitive agreement to acquire robotics/precision-mechanism firm Motiv, which could insource key satellite components and help scale space-systems manufacturing. Read More.
• Neutral Sentiment: Market/technical context: Some analysts noted RKLB has formed a trading base and trades near buy points, while traders were cautious into earnings — contributing to pre- and post-earnings volatility. Read More.
• Negative Sentiment: EPS and profitability remain a concern: Coverage was mixed on EPS — some reports show a small loss improvement year-over-year, while other data flagged the company missed some EPS expectations; Rocket Lab still posts negative net margin and a negative ROE. That ongoing unprofitability is a headwind for valuation. Read More.
• Negative Sentiment: Mixed headlines and volatility: Divergent headlines (revenue/backlog wins vs. continued losses and cautious pre-earnings positioning) produced choppy trading and a pullback in the share price despite otherwise strong commercial traction. Read More.

Rocket Lab Stock Performance

NASDAQ RKLB opened at $78.58 on Friday. The stock has a market cap of $44.74 billion, a PE ratio of -212.37 and a beta of 2.30. The company has a current ratio of 4.08, a quick ratio of 3.61 and a debt-to-equity ratio of 0.10. Rocket Lab Corporation has a twelve month low of $20.23 and a twelve month high of $99.58. The stock has a fifty day simple moving average of $72.88 and a 200-day simple moving average of $68.50.

Rocket Lab (NASDAQ:RKLB) last released its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.07). Rocket Lab had a negative return on equity of 19.01% and a negative net margin of 32.94%.The business had revenue of $200.35 million during the quarter, compared to analysts’ expectations of $189.65 million. During the same period in the prior year, the business posted ($0.12) EPS. The company’s revenue was up 63.4% compared to the same quarter last year. Equities analysts anticipate that Rocket Lab Corporation will post -0.22 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Clear Str raised Rocket Lab to a “strong-buy” rating in a research note on Wednesday, March 18th. The Goldman Sachs Group upped their target price on Rocket Lab from $47.00 to $69.00 and gave the company a “neutral” rating in a report on Tuesday, January 20th. Morgan Stanley upgraded Rocket Lab from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $67.00 to $105.00 in a report on Friday, January 16th. Zacks Research cut Rocket Lab from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $85.00 price target on shares of Rocket Lab in a report on Friday, March 13th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $83.31.

Insider Activity at Rocket Lab

In related news, SVP Arjun Kampani sold 28,761 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $69.59, for a total transaction of $2,001,477.99. Following the completion of the transaction, the senior vice president directly owned 421,699 shares in the company, valued at $29,346,033.41. This trade represents a 6.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Merline Saintil sold 18,126 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $75.04, for a total value of $1,360,175.04. Following the transaction, the director owned 261,903 shares of the company’s stock, valued at $19,653,201.12. This trade represents a 6.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 233,449 shares of company stock worth $16,487,233 over the last ninety days. Company insiders own 8.40% of the company’s stock.

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.