Rocket Lab Corporation $RKLB Shares Sold by KBC Group NV

KBC Group NV reduced its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 74.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 43,472 shares of the rocket manufacturer’s stock after selling 124,385 shares during the period. KBC Group NV’s holdings in Rocket Lab were worth $2,792,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of Rocket Lab by 13.4% during the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock worth $3,308,033,000 after buying an additional 5,610,469 shares during the last quarter. Baillie Gifford & Co. grew its position in shares of Rocket Lab by 47.2% in the 4th quarter. Baillie Gifford & Co. now owns 17,851,446 shares of the rocket manufacturer’s stock valued at $1,245,317,000 after buying an additional 5,725,536 shares during the last quarter. Capital World Investors raised its stake in Rocket Lab by 12.0% during the 4th quarter. Capital World Investors now owns 16,200,726 shares of the rocket manufacturer’s stock worth $1,130,172,000 after acquiring an additional 1,738,623 shares in the last quarter. State Street Corp raised its stake in Rocket Lab by 1.0% during the 4th quarter. State Street Corp now owns 12,520,223 shares of the rocket manufacturer’s stock worth $873,411,000 after acquiring an additional 120,652 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Rocket Lab by 10.1% in the fourth quarter. Geode Capital Management LLC now owns 9,004,724 shares of the rocket manufacturer’s stock valued at $626,605,000 after acquiring an additional 825,158 shares during the last quarter. Institutional investors and hedge funds own 71.78% of the company’s stock.

Key Stories Impacting Rocket Lab

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

• Positive Sentiment: Rocket Lab continues to win new business, including NASA science launch contracts and a broader defense backlog that supports its long-term growth story. 2 Missions, 3 Launches, and Up to $300 Million for Rocket Lab
• Positive Sentiment: Some analysts and commentators argue the recent selloff may be overdone, pointing to Rocket Lab’s growing defense business, launch momentum, and Neutron development as reasons to buy the dip. A $266 Million Reason to Buy Rocket Lab Stock Here
• Neutral Sentiment: Rocket Lab announced it will report second-quarter 2026 results on August 10, which could become the next major catalyst for the stock. Rocket Lab Announces Date of Second Quarter 2026 Financial Results
• Neutral Sentiment: Rocket Lab’s short-interest update was essentially a data anomaly, showing zero short shares and offering little meaningful new information for investors.
• Negative Sentiment: Shares are also being dragged down by a broader space-stock selloff tied to weakness in SpaceX-related trading and investor anxiety ahead of a Starship test flight. SpaceX Drops 5%, Rocket Lab Falls 7%, AST SpaceMobile Slides 4% as Jittery Market Awaits Tonight’s Crucial Test Flight
• Negative Sentiment: Investors are still debating whether Rocket Lab is too expensive even after its sharp pullback, suggesting valuation remains a headwind. Rocket Lab Has Corrected Nearly 50%. Is It Still Too Expensive?

Analyst Ratings Changes

Several research firms have issued reports on RKLB. Weiss Ratings restated a “sell (d-)” rating on shares of Rocket Lab in a research note on Friday, July 17th. Citizens Jmp lifted their target price on Rocket Lab from $95.00 to $130.00 and gave the stock a “market outperform” rating in a research report on Tuesday, June 30th. Bank of America boosted their target price on Rocket Lab from $105.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Piper Sandler assumed coverage on Rocket Lab in a research report on Wednesday, July 15th. They issued a “neutral” rating and a $83.00 target price for the company. Finally, Stifel Nicolaus set a $132.00 price target on Rocket Lab in a research report on Thursday, June 4th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Rocket Lab currently has an average rating of “Moderate Buy” and a consensus price target of $110.18.

Rocket Lab Stock Down 8.7%

Shares of Rocket Lab stock opened at $63.91 on Friday. Rocket Lab Corporation has a one year low of $37.57 and a one year high of $151.00. The company has a market cap of $36.99 billion, a P/E ratio of -199.72 and a beta of 2.54. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.02 and a current ratio of 4.47. The firm has a fifty day moving average of $102.42 and a two-hundred day moving average of $87.03.

Rocket Lab (NASDAQ:RKLB) last issued its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, meeting the consensus estimate of ($0.07). Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. The business had revenue of $200.35 million for the quarter, compared to the consensus estimate of $189.65 million. During the same quarter in the previous year, the firm earned ($0.12) earnings per share. The business’s quarterly revenue was up 63.4% compared to the same quarter last year. On average, analysts forecast that Rocket Lab Corporation will post -0.26 earnings per share for the current year.

Insider Transactions at Rocket Lab

In other news, SVP Arjun Kampani sold 88,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $107.98, for a total transaction of $9,502,240.00. Following the completion of the transaction, the senior vice president directly owned 264,705 shares of the company’s stock, valued at approximately $28,582,845.90. This represents a 24.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Frank Klein sold 36,860 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $147.42, for a total value of $5,433,901.20. Following the transaction, the insider directly owned 1,006,987 shares of the company’s stock, valued at approximately $148,450,023.54. This trade represents a 3.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 3,849,294 shares of company stock valued at $362,816,208 over the last 90 days. 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.