Strs Ohio Has $474,000 Position in Rocket Lab Corporation $RKLB

Strs Ohio lessened its holdings in shares of Rocket Lab Corporation (NASDAQ:RKLBFree Report) by 67.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 9,893 shares of the rocket manufacturer’s stock after selling 20,788 shares during the quarter. Strs Ohio’s holdings in Rocket Lab were worth $474,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Truist Financial Corp increased its position in Rocket Lab by 1.9% in the 2nd quarter. Truist Financial Corp now owns 12,352 shares of the rocket manufacturer’s stock worth $442,000 after buying an additional 234 shares during the period. ORG Partners LLC boosted its position in shares of Rocket Lab by 22.1% in the third quarter. ORG Partners LLC now owns 1,337 shares of the rocket manufacturer’s stock valued at $64,000 after acquiring an additional 242 shares during the period. Parvin Asset Management LLC grew its stake in shares of Rocket Lab by 7.2% in the second quarter. Parvin Asset Management LLC now owns 3,725 shares of the rocket manufacturer’s stock worth $133,000 after acquiring an additional 250 shares during the last quarter. GAMMA Investing LLC increased its position in Rocket Lab by 36.4% during the second quarter. GAMMA Investing LLC now owns 1,518 shares of the rocket manufacturer’s stock worth $54,000 after acquiring an additional 405 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in Rocket Lab by 109.5% during the second quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock worth $28,000 after acquiring an additional 416 shares during the period. Institutional investors own 71.78% of the company’s stock.

More Rocket Lab News

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

  • Positive Sentiment: Successful launches: Rocket Lab completed its 81st Electron mission and its second launch in eight days, deploying KAIST’s NEONSAT?1A — a clear signal of continued commercial and government demand and operational cadence that supports revenue visibility and launch backlog. Mission Success: Rocket Lab Launches Korean Earth-Imaging Satellite
  • Positive Sentiment: Operational momentum: Management highlighted a busy 2026 launch cadence (commercial, government, national security and hypersonics), reinforcing the company’s positioning as a frequent small?sat launcher and potential revenue growth from recurring missions. Rocket Lab Successfully Launches 81st Electron Rocket for KAIST
  • Neutral Sentiment: Options/volatility interest: Several recent articles outline bullish options strategies (bull put spreads, other plays) that indicate elevated implied volatility and traders positioning for large moves — this increases short?term trading activity even if it doesn’t change fundamentals. Rocket Lab Stock: This Options Play Takes Advantage Of Higher Gains
  • Neutral Sentiment: Market backdrop: Broad market volatility (Fed chair news, hotter inflation) is pressuring growth/high?beta names; some coverage frames RKLB’s pullback as a sell?the?news reaction rather than a change to long?term thesis. MarketBeat Week in Review – 01/26 – 01/30
  • Negative Sentiment: Analyst downgrade / bearish trade idea: A Seeking Alpha piece recommends avoiding outright buys and instead selling puts (rating downgrade), which can amplify downside pressure by encouraging cautious positioning and reducing demand for shares. Don’t Buy Rocket Lab, Sell Puts Instead (Rating Downgrade)
  • Negative Sentiment: Insider selling and past technical shock: Public data referenced in recent coverage shows heavy insider sales over the past six months, and the stock still bears the scar from the prior Neutron test failure — both factors weigh on investor confidence and can exacerbate short?term declines. Insider activity & company notes (Quiver summary)

Rocket Lab Stock Down 6.5%

Shares of NASDAQ RKLB opened at $80.07 on Friday. The stock has a market cap of $42.77 billion, a PE ratio of -210.71 and a beta of 2.16. The business has a fifty day moving average of $69.91 and a two-hundred day moving average of $57.60. Rocket Lab Corporation has a 52-week low of $14.71 and a 52-week high of $99.58. 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:RKLBGet Free Report) last posted its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The business had revenue of $155.08 million for the quarter, compared to analyst estimates of $152.45 million. During the same quarter in the prior year, the firm earned ($0.10) EPS. The firm’s quarterly revenue was up 48.0% compared to the same quarter last year. As a group, equities research analysts expect that Rocket Lab Corporation will post -0.38 earnings per share for the current fiscal year.

Insider Activity at Rocket Lab

In related news, insider Frank Klein sold 100,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $72.95, for a total transaction of $7,295,000.00. Following the completion of the sale, the insider directly owned 1,169,487 shares of the company’s stock, valued at $85,314,076.65. This trade represents a 7.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Edward H. Frank sold 2,500 shares of Rocket Lab 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 approximately $11,028,384.56. The trade was a 1.72% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 4,306,150 shares of company stock valued at $271,865,732. Insiders own 11.90% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on RKLB. Citigroup restated a “market perform” rating on shares of Rocket Lab in a research report on Wednesday, November 12th. Morgan Stanley raised Rocket Lab from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $67.00 to $105.00 in a research report on Friday, January 16th. Needham & Company LLC boosted their price target on Rocket Lab from $63.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, December 23rd. KeyCorp downgraded Rocket Lab from an “overweight” rating to a “sector weight” rating in a research report on Thursday, January 15th. Finally, The Goldman Sachs Group lifted their price objective on Rocket Lab from $47.00 to $69.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $72.92.

Get Our Latest Stock Analysis on Rocket Lab

Rocket Lab Profile

(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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