Signaturefd LLC Has $127,000 Position in Rocket Lab Corporation $RKLB

Signaturefd LLC reduced its holdings in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 34.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,557 shares of the rocket manufacturer’s stock after selling 1,885 shares during the period. Signaturefd LLC’s holdings in Rocket Lab were worth $127,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. ORG Partners LLC boosted its position in shares of Rocket Lab by 491.9% during the 2nd quarter. ORG Partners LLC now owns 1,095 shares of the rocket manufacturer’s stock valued at $38,000 after acquiring an additional 910 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Rocket Lab by 36.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,518 shares of the rocket manufacturer’s stock valued at $54,000 after acquiring an additional 405 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Rocket Lab by 118.1% during the 1st quarter. Versant Capital Management Inc now owns 1,588 shares of the rocket manufacturer’s stock valued at $28,000 after acquiring an additional 860 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Rocket Lab by 181.1% during the 1st quarter. Farther Finance Advisors LLC now owns 1,903 shares of the rocket manufacturer’s stock valued at $35,000 after acquiring an additional 1,226 shares in the last quarter. Finally, Spectrum Wealth Counsel LLC lifted its holdings in Rocket Lab by 100.0% during the 1st quarter. Spectrum Wealth Counsel LLC now owns 2,000 shares of the rocket manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares during the last quarter. 71.78% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

RKLB has been the subject of several analyst reports. Craig Hallum initiated coverage on shares of Rocket Lab in a report on Monday, July 28th. They set a “hold” rating and a $51.00 price target for the company. Cantor Fitzgerald lifted their price target on shares of Rocket Lab from $35.00 to $54.00 and gave the company an “overweight” rating in a report on Friday, August 8th. Stifel Nicolaus lifted their price target on shares of Rocket Lab from $34.00 to $55.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. The Goldman Sachs Group initiated coverage on shares of Rocket Lab in a report on Monday, June 30th. They set a “neutral” rating and a $27.00 price target for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Rocket Lab in a report on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Rocket Lab has an average rating of “Moderate Buy” and an average target price of $42.27.

Insider Buying and Selling

In other news, Director Matthew Ocko sold 1,873,097 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $48.20, for a total value of $90,283,275.40. Following the completion of the transaction, the director owned 541,526 shares in the company, valued at $26,101,553.20. This represents a 77.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Frank Klein sold 45,535 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $48.97, for a total transaction of $2,229,848.95. Following the completion of the transaction, the insider owned 1,320,291 shares of the company’s stock, valued at $64,654,650.27. This trade represents a 3.33% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,406,361 shares of company stock valued at $267,483,973. 11.90% of the stock is owned by corporate insiders.

Rocket Lab Stock Up 7.0%

Shares of NASDAQ:RKLB opened at $56.16 on Friday. Rocket Lab Corporation has a 52 week low of $8.99 and a 52 week high of $56.94. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.67. The company has a market capitalization of $27.18 billion, a PE ratio of -124.80 and a beta of 2.14. The company has a 50 day moving average price of $46.61 and a two-hundred day moving average price of $34.09.

Rocket Lab (NASDAQ:RKLB) last issued its earnings results on Thursday, August 7th. The rocket manufacturer reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.06). Rocket Lab had a negative net margin of 45.87% and a negative return on equity of 48.14%. The firm had revenue of $144.50 million during the quarter, compared to the consensus estimate of $135.42 million. During the same period in the previous year, the company posted ($0.08) EPS. The firm’s revenue for the quarter was up 35.9% on a year-over-year basis. Rocket Lab has set its Q3 2025 guidance at EPS. Analysts forecast that Rocket Lab Corporation will post -0.38 earnings per share for the current year.

Rocket Lab Company Profile

Rocket Lab USA, Inc, a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.