Erste Asset Management GmbH Buys 21,700 Shares of Rocket Lab Corporation $RKLB

Erste Asset Management GmbH boosted its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 366.7% during the 4th quarter, HoldingsChannel reports. The fund owned 27,617 shares of the rocket manufacturer’s stock after acquiring an additional 21,700 shares during the quarter. Erste Asset Management GmbH’s holdings in Rocket Lab were worth $1,937,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. O Shaughnessy Asset Management LLC lifted its position in Rocket Lab by 29.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 19,163 shares of the rocket manufacturer’s stock valued at $1,337,000 after acquiring an additional 4,339 shares in the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna lifted its position in Rocket Lab by 2,542.8% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 23,785 shares of the rocket manufacturer’s stock valued at $1,659,000 after acquiring an additional 22,885 shares in the last quarter. Clearbridge Investments LLC increased its stake in Rocket Lab by 54.9% in the 4th quarter. Clearbridge Investments LLC now owns 518,904 shares of the rocket manufacturer’s stock valued at $36,199,000 after buying an additional 183,841 shares during the last quarter. Capital World Investors increased its stake in Rocket Lab by 12.0% in the 4th quarter. Capital World Investors now owns 16,200,726 shares of the rocket manufacturer’s stock valued at $1,130,172,000 after buying an additional 1,738,623 shares during the last quarter. Finally, Atlantic Private Wealth LLC increased its stake in Rocket Lab by 92.3% in the 4th quarter. Atlantic Private Wealth LLC now owns 500 shares of the rocket manufacturer’s stock valued at $35,000 after buying an additional 240 shares during the last quarter. 71.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. New Street Research assumed coverage on shares of Rocket Lab in a research note on Wednesday, May 13th. They issued a “buy” rating and a $150.00 price target on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocket Lab in a research note on Tuesday, April 21st. Wells Fargo & Company assumed coverage on shares of Rocket Lab in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $60.00 price target on the stock. Zacks Research lowered shares of Rocket Lab from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Rocket Lab in a research note on Wednesday, May 27th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.88.

Rocket Lab Stock Down 4.8%

Rocket Lab stock opened at $108.23 on Wednesday. The firm has a market capitalization of $62.64 billion, a PE ratio of -338.22 and a beta of 2.49. The company’s 50-day moving average is $98.92 and its 200-day moving average is $79.90. Rocket Lab Corporation has a fifty-two week low of $25.24 and a fifty-two week high of $151.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.47 and a quick ratio of 4.02.

Rocket Lab (NASDAQ:RKLB) last released its quarterly earnings data on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, hitting the consensus estimate of ($0.07). The company had revenue of $200.35 million for the quarter, compared to analyst estimates of $189.65 million. Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. Rocket Lab’s revenue for the quarter was up 63.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.12) EPS. Sell-side analysts anticipate that Rocket Lab Corporation will post -0.29 earnings per share for the current year.

Rocket Lab News Summary

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

• Positive Sentiment: Rocket Lab benefited from a space-stock rally as investors positioned for SpaceX’s IPO debut on June 12, with RKLB viewed as a public-market proxy for space-sector exposure. Rocket Lab Stock Climbs As SpaceX IPO Countdown Fuels Space Sector Rally
• Positive Sentiment: Coverage highlighted Rocket Lab’s growing launch cadence and improving mission execution, which supports the bull case that rising satellite demand can drive future revenue growth. Can Rocket Lab’s Growing Launch Cadence Support Future Growth?
• Positive Sentiment: Another report said Rocket Lab is gaining traction as a SpaceX alternative, with analysts lifting targets and institutions still holding a large stake, reinforcing optimism around long-term upside. Rocket Lab (RKLB) Stock Surges as SpaceX Alternative Gains Traction
• Neutral Sentiment: Several articles focused on the stock’s enormous one-year gain and recent pullback, suggesting investors are debating whether the rally has outpaced fundamentals rather than pointing to a specific new catalyst. Is It Too Late To Consider Rocket Lab (RKLB) After A 298% One Year Surge?
• Neutral Sentiment: Rocket Lab was also mentioned in broad space-sector coverage and ETF roundups, indicating continued investor attention rather than a company-specific development. Looking for Exposure to Rocket Lab Stock (RKLB)? Try These Two Space ETFs
• Negative Sentiment: Some commentary warned that RKLB has entered a local bear market after falling from its highs, reflecting concern that the stock may have run too far too fast. Rocket Lab stock has crashed into a local bear market: will RKLB rebound?
• Negative Sentiment: TipRanks flagged caution on RKLB, with AI-based analysis implying valuation risk and a more measured outlook after the stock’s strong year-to-date performance. Rocket Lab Stock Price Forecast — Why AI Analyst Is Cautious on RKLB
• Negative Sentiment: Broader “stocks trade down” coverage and profit-taking reports suggest some traders are locking in gains after the recent surge, adding pressure to the shares. Rocket Lab, Sterling, and Sunrun Stocks Trade Down, What You Need To Know

Insider Activity at Rocket Lab

In other news, CFO Adam C. Spice sold 62,744 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $142.57, for a total transaction of $8,945,412.08. Following the transaction, the chief financial officer directly owned 983,049 shares in the company, valued at $140,153,295.93. The trade was a 6.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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, insider Marvin Bradford Clevenger sold 15,549 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $142.57, for a total transaction of $2,216,820.93. Following the transaction, the insider owned 477,475 shares in the company, valued at $68,073,610.75. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 485,515 shares of company stock worth $66,909,882 over the last ninety days. Company insiders own 8.40% of the company’s stock.

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.