Mitsubishi UFJ Asset Management Co. Ltd. Acquires New Stake in Rocket Lab Corporation $RKLB

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Rocket Lab Corporation (NASDAQ:RKLB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 837,240 shares of the rocket manufacturer’s stock, valued at approximately $85,105,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. acquired a new position in shares of Rocket Lab during the 4th quarter valued at $27,000. Beacon Investment Advisory Services Inc. boosted its stake in Rocket Lab by 364.0% during the second quarter. Beacon Investment Advisory Services Inc. now owns 399 shares of the rocket manufacturer’s stock valued at $41,000 after buying an additional 313 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in Rocket Lab during the fourth quarter valued at about $28,000. Gordian Capital Singapore Pte Ltd acquired a new position in Rocket Lab during the fourth quarter worth about $29,000. Finally, Reflection Asset Management acquired a new position in Rocket Lab during the fourth quarter worth about $30,000. 71.78% of the stock is owned by institutional investors.

Analyst Ratings Changes

RKLB has been the subject of a number of research analyst reports. Piper Sandler initiated coverage on shares of Rocket Lab in a report on Wednesday, July 15th. They issued a “neutral” rating and a $83.00 price target for the company. TD Cowen boosted their target price on shares of Rocket Lab from $90.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft increased their target price 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. Bank of America raised their target price on shares of Rocket Lab from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Rocket Lab in a research report on Friday, July 17th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $110.65.

Insider Buying and Selling at Rocket Lab

In related news, CEO Peter Beck sold 990,960 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $82.86, for a total value of $82,110,945.60. Following the completion of the sale, the chief executive officer owned 1,724,221 shares in the company, valued at approximately $142,868,952.06. This represents a 36.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Alexander R. Slusky sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $123.60, for a total transaction of $4,944,000.00. Following the completion of the transaction, the director directly owned 334,675 shares of the company’s stock, valued at $41,365,830. This represents a 10.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,749,294 shares of company stock valued at $351,008,208 over the last three months. 8.40% of the stock is owned by insiders.

Rocket Lab Trading Down 3.6%

Shares of RKLB opened at $79.16 on Wednesday. The business’s 50-day moving average price is $83.88 and its 200 day moving average price is $85.42. The stock has a market capitalization of $47.37 billion, a P/E ratio of -293.17 and a beta of 2.60. Rocket Lab Corporation has a 1-year low of $37.57 and a 1-year high of $151.00. The company has a current ratio of 5.48, a quick ratio of 4.98 and a debt-to-equity ratio of 0.01.

Rocket Lab (NASDAQ:RKLB) last posted its quarterly earnings data on Monday, August 10th. The rocket manufacturer reported ($0.08) 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 for the quarter, compared to analysts’ expectations of $231.62 million. Analysts expect that Rocket Lab Corporation will post -0.25 earnings per share for the current year.

Key Rocket Lab News

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

• Positive Sentiment: The U.S. Space Force added Rocket Lab to its Space Data Network Consortium and awarded the company $12 million in contracts supporting a secure, high-speed military communications network. The selection expands Rocket Lab’s role in defense and could lead to additional work. Space Force Selects Rocket Lab For Space Data Network Consortium
• Positive Sentiment: Rocket Lab was also onboarded to the Space Force’s $981 million NITE-STAR indefinite-delivery contract for space test and training infrastructure. The ceiling is not guaranteed revenue, since Rocket Lab must compete for task orders, but the program creates a sizable pipeline for its satellite, software and mission-operations businesses. Rocket Lab NITE-STAR Program
• Positive Sentiment: Viasat selected Rocket Lab to build the satellite bus for a maneuverable, anti-jam spacecraft supporting the Space Force’s Protected Tactical SATCOM-Global program. The win reinforces Rocket Lab’s transition from a launch provider into a broader defense and space-systems contractor. Viasat Selects Rocket Lab
• Positive Sentiment: Rocket Lab successfully launched and deployed eight satellites built for MDA Space under a $143 million, 17-satellite Globalstar constellation contract. The milestone demonstrates execution across both satellite manufacturing and launch services. Rocket Lab launches eight Globalstar satellites
• Neutral Sentiment: The company is promoting GHOST, a deployable system intended to support responsive orbital and suborbital missions worldwide. The technology could improve Rocket Lab’s defense-market capabilities, although the reports provide limited detail on revenue or contract commitments. Can GHOST Strengthen Rocket Lab’s Responsive Launch Capabilities?
• Negative Sentiment: Trading pressure reflected weakness across major space stocks, suggesting sector-wide profit-taking rather than a Rocket Lab-specific operational setback.
• Negative Sentiment: Rocket Lab remains unprofitable, with the latest quarterly EPS loss worse than analysts expected despite revenue of approximately $234 million, up 62% year over year. Its roughly $47 billion market capitalization and negative earnings leave the stock vulnerable to valuation-driven pullbacks.
• Negative Sentiment: Reported insider activity shows executives have made numerous open-market sales and no purchases during the past six months. While sales may reflect compensation or diversification, the pattern can weigh on investor sentiment at an elevated share price.

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.