Rafferty Asset Management LLC Purchases 8,504 Shares of Rocket Lab Corporation $RKLB

Rafferty Asset Management LLC increased its position in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 9.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102,975 shares of the rocket manufacturer’s stock after purchasing an additional 8,504 shares during the period. Rafferty Asset Management LLC’s holdings in Rocket Lab were worth $4,934,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Rocket Lab during the third quarter worth $25,000. Hara Capital LLC acquired a new stake in Rocket Lab in the 3rd quarter worth about $25,000. UMB Bank n.a. raised its stake in Rocket Lab by 352.5% in the 3rd quarter. UMB Bank n.a. now owns 543 shares of the rocket manufacturer’s stock worth $26,000 after purchasing an additional 423 shares in the last quarter. Sound Income Strategies LLC bought a new stake in Rocket Lab in the 3rd quarter valued at about $27,000. Finally, Financial Consulate Inc. acquired a new position in shares of Rocket Lab during the 3rd quarter worth approximately $35,000. 71.78% of the stock is owned by institutional investors and hedge funds.

Rocket Lab News Roundup

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

• Positive Sentiment: Rocket Lab completed a lift of a scramjet-powered air vehicle for a U.S. Defense Innovation Unit hypersonic test, demonstrating the company’s growing role in defense hypersonics and validating its HASTE capability — a near-term revenue and credibility boost with government customers. Rocket Lab Lifts Scramjet-Powered Air Vehicle For DIU Hypersonic Test
• Positive Sentiment: Rocket Lab highlighted expansion in hypersonic testing and unveiled advanced silicon solar arrays aimed at powering large space-based data centers — reinforces dual defense/commercial growth vectors that support longer-term revenue visibility. Rocket Lab Expands Hypersonic Testing And Space Power Ambitions For Investors
• Neutral Sentiment: Institutional buyers are accumulating RKLB even as insiders sell large positions for personal planning — institutional flow supports the stock’s thesis, but insider sales can spook retail holders and add short-term selling pressure. Meta and Rocket Lab Insiders Sell Shares—So Why Is Wall Street Buying?
• Neutral Sentiment: Analyst coverage is mixed: Needham trimmed its price target from $110 to $95 but kept a Buy rating (still implying upside), while other shops have reiterated Market Perform or modestly raised/lowered targets — this creates divergent signals for investors. Benzinga coverage of analyst moves
• Negative Sentiment: Headwinds: the market is still pricing in execution risk after the company disclosed a Neutron rocket delay (manufacturing/tank issue) that has extended timelines — that delay + post-earnings reaction has weighed on sentiment despite a strong Q4 beat. This schedule uncertainty likely explains short-term selling. What’s Going On With Rocket Lab Stock Monday?

Insider Activity at Rocket Lab

In other news, CFO Adam C. Spice sold 1,365,665 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $75.50, for a total transaction of $103,107,707.50. Following the completion of the transaction, the chief financial officer directly 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Edward H. Frank sold 2,500 shares of the stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $77.39, for a total value of $193,475.00. Following the completion of the transaction, the director owned 142,504 shares of the company’s stock, valued at $11,028,384.56. The trade was a 1.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 4,138,979 shares of company stock worth $265,048,346 in the last ninety days. Insiders own 11.90% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on RKLB. Needham & Company LLC cut their price target on Rocket Lab from $110.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Bank of America increased their target price on Rocket Lab from $60.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Zacks Research downgraded Rocket Lab from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. KeyCorp cut shares of Rocket Lab from an “overweight” rating to a “sector weight” rating in a research report on Thursday, January 15th. Finally, TD Cowen reissued a “buy” rating on shares of Rocket Lab in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $75.92.

Rocket Lab Stock Performance

Rocket Lab stock opened at $70.09 on Wednesday. The company has a quick ratio of 2.83, a current ratio of 3.18 and a debt-to-equity ratio of 0.32. The stock has a market cap of $37.44 billion, a PE ratio of -189.43 and a beta of 2.20. Rocket Lab Corporation has a 12-month low of $14.71 and a 12-month high of $99.58. The business’s 50-day moving average price is $77.84 and its two-hundred day moving average price is $61.63.

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.