E. Ohman J or Asset Management AB Makes New $834,000 Investment in Rocket Lab Corporation $RKLB

E. Ohman J or Asset Management AB purchased a new stake in shares of Rocket Lab Corporation (NASDAQ:RKLB) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 17,400 shares of the rocket manufacturer’s stock, valued at approximately $834,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Sound Income Strategies LLC purchased a new stake in Rocket Lab in the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC grew its stake in Rocket Lab by 109.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock worth $28,000 after buying an additional 416 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Rocket Lab in the 2nd quarter worth $36,000. Kilter Group LLC purchased a new stake in shares of Rocket Lab during the 2nd quarter valued at $37,000. Finally, ORG Partners LLC lifted its holdings 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 worth $38,000 after acquiring an additional 910 shares during the last quarter. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Rocket Lab Stock Performance

Shares of RKLB stock opened at $70.65 on Friday. The company has a market capitalization of $37.74 billion, a P/E ratio of -185.92 and a beta of 2.20. Rocket Lab Corporation has a fifty-two week low of $14.71 and a fifty-two week high of $79.83. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.83 and a current ratio of 3.18. The stock has a 50 day moving average price of $55.35 and a two-hundred day moving average price of $48.86.

Rocket Lab (NASDAQ:RKLB) last posted its quarterly earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. The company had revenue of $155.08 million during the quarter, compared to analyst estimates of $152.45 million. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The firm’s revenue was up 48.0% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.10) EPS. Analysts expect that Rocket Lab Corporation will post -0.38 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Nina Armagno sold 27,314 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $68.21, for a total transaction of $1,863,087.94. Following the transaction, the director owned 108,940 shares in the company, valued at $7,430,797.40. The trade was a 20.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Merline Saintil sold 5,000 shares of the stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $65.00, for a total value of $325,000.00. Following the completion of the sale, the director owned 388,529 shares of the company’s stock, valued at approximately $25,254,385. This trade represents a 1.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,729,485 shares of company stock valued at $151,832,870 over the last ninety days. Corporate insiders own 11.90% of the company’s stock.

Wall Street Analyst Weigh In

RKLB has been the topic of a number of research analyst reports. Cantor Fitzgerald reissued an “overweight” rating on shares of Rocket Lab in a research note on Wednesday, December 3rd. Bank of America upped their price objective on Rocket Lab from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, November 19th. Wall Street Zen cut Rocket Lab from a “hold” rating to a “sell” rating in a report on Saturday, December 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a research note on Wednesday, October 8th. Finally, Citigroup reiterated a “market perform” rating on shares of Rocket Lab in a research report on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $61.25.

Trending Headlines about Rocket Lab

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

• Positive Sentiment: Report that Rocket Lab jumped on a possible roughly $1B U.S. Space Development Agency (SDA) deal — this is the primary bullish fundamental catalyst cited for the recent surge; the contract would materially boost backlog if confirmed. Rocket Lab (RKLB) jumps 17.7% on possible billion-$ US SDA deal
• Positive Sentiment: Technical breakout: IBD says Rocket Lab cleared a buy point and satisfied the eight‑week hold rule after the contract news — a bullish technical signal that drew momentum buyers. Rocket Lab Takes Off On Contract Win, Triggers This Rare Bullish Signal
• Neutral Sentiment: An analyst is reworking price targets after RKLB hit record highs — could mean upgrades or refreshed guidance sensitivity, but impact depends on final published target and rationale. Rocket Lab analyst rethinks stock target after hitting record high
• Neutral Sentiment: Reported short‑interest data are anomalous (showing zero in the snapshot), so they don’t provide clear insight into crowd positioning; treat that metric cautiously until clarified by regular reporting sources.
• Negative Sentiment: Sectorwide pullback: Benzinga notes RKLB is cooling off as space-related stocks retrace year‑end gains — this broad weakness is a likely reason for today’s decline even after the positive headlines. Rocket Lab Stock Cools Off As Sector Pulls Back From Year‑End Rally
• Negative Sentiment: Insider selling: Director Nina Armagno sold ~27,314 shares in mid‑December — a sizable sale that may add to short‑term selling pressure or feed cautious sentiment among some investors. Nina Armagno Sells 27,314 Shares of Rocket Lab (NASDAQ:RKLB) Stock

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.