7,489 Shares in Rocket Lab Corporation $RKLB Purchased by Diversify Advisory Services LLC

Diversify Advisory Services LLC purchased a new stake in Rocket Lab Corporation (NASDAQ:RKLBFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,489 shares of the rocket manufacturer’s stock, valued at approximately $501,000.

Several other large investors have also recently bought and sold shares of the stock. Swedbank AB lifted its holdings in Rocket Lab by 8.2% during the 4th quarter. Swedbank AB now owns 509,250 shares of the rocket manufacturer’s stock worth $35,525,000 after purchasing an additional 38,770 shares during the last quarter. Vanguard Group Inc. boosted its stake in Rocket Lab by 13.4% in the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after purchasing an additional 5,610,469 shares during the period. Katamaran Capital LLP grew its holdings in Rocket Lab by 86.2% in the 1st quarter. Katamaran Capital LLP now owns 19,808 shares of the rocket manufacturer’s stock valued at $1,272,000 after buying an additional 9,172 shares in the last quarter. BlackRock Inc. acquired a new position in Rocket Lab in the 2nd quarter valued at $4,124,970,000. Finally, Westfield Capital Management Co. LP increased its position in Rocket Lab by 6.3% during the 4th quarter. Westfield Capital Management Co. LP now owns 2,592,443 shares of the rocket manufacturer’s stock worth $180,849,000 after buying an additional 154,623 shares during the period. 71.78% of the stock is owned by institutional investors.

Key Stories Impacting Rocket Lab

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

  • Positive Sentiment: Rocket Lab successfully completed its 93rd Electron mission, deploying an Earth-imaging QPS-SAR satellite for Japan’s iQPS. The mission was the company’s 14th Electron launch of 2026 and the ninth successful iQPS deployment. Nine additional dedicated iQPS launches are booked through 2030, supporting future revenue visibility. Rocket Lab launches 93rd Electron mission
  • Positive Sentiment: Recent U.S. Space Force business is strengthening Rocket Lab’s defense and government positioning. The company received two delivery orders worth $12 million for secure optical communications and joined the Space Data Network Consortium; investors see potential for larger follow-on opportunities if its Photon technology performs well. Rocket Lab lands $12 million Space Force deal
  • Positive Sentiment: Analysts cited by Yahoo Finance estimate RKLB may be about 11% undervalued, with defense contracts, satellite wins and growing government communications work reshaping the company’s long-term growth story. ARK Invest also reportedly added shares, providing a supportive institutional signal. Rocket Lab could be undervalued

Insider Transactions at Rocket Lab

In other news, Director Alexander R. Slusky sold 40,000 shares of Rocket Lab stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $123.60, for a total value of $4,944,000.00. Following the transaction, the director owned 334,675 shares in the company, valued at approximately $41,365,830. This trade represents a 10.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Peter Beck sold 990,960 shares of the business’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $82.86, for a total value of $82,110,945.60. Following the transaction, the chief executive officer directly owned 1,724,221 shares of the company’s stock, valued at $142,868,952.06. This trade represents a 36.50% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 3,749,294 shares of company stock worth $351,008,208. 8.40% of the stock is owned by insiders.

Rocket Lab Stock Performance

Shares of Rocket Lab stock opened at $72.95 on Friday. The company has a current ratio of 5.48, a quick ratio of 4.98 and a debt-to-equity ratio of 0.01. The company has a market cap of $43.65 billion, a PE ratio of -270.18 and a beta of 2.60. The company has a 50 day moving average of $82.46 and a 200-day moving average of $85.30. Rocket Lab Corporation has a 1-year low of $37.57 and a 1-year high of $151.00.

Rocket Lab (NASDAQ:RKLBGet Free Report) last announced its quarterly earnings data on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. The firm had revenue of $234.07 million during the quarter, compared to the consensus estimate of $231.62 million. As a group, equities research analysts forecast that Rocket Lab Corporation will post -0.24 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on RKLB shares. Wall Street Zen downgraded Rocket Lab from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Rocket Lab from $73.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a research report on Friday, July 17th. Citizens Jmp reiterated a “market outperform” rating and issued a $130.00 price objective on shares of Rocket Lab in a research note on Tuesday, August 11th. Finally, New Street Research began coverage on shares of Rocket Lab in a report on Wednesday, May 13th. They issued a “buy” rating and a $150.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $110.65.

Read Our Latest Report on RKLB

About Rocket Lab

(Free Report)

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.

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Institutional Ownership by Quarter for Rocket Lab (NASDAQ:RKLB)

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