Frank Klein Sells 100,000 Shares of Rocket Lab (NASDAQ:RKLB) Stock

Rocket Lab Corporation (NASDAQ:RKLB) insider Frank Klein sold 100,000 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $72.95, for a total value of $7,295,000.00. Following the sale, the insider owned 1,169,487 shares of the company’s stock, valued at approximately $85,314,076.65. The trade was a 7.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Frank Klein also recently made the following trade(s):

• On Wednesday, November 26th, Frank Klein sold 4,736 shares of Rocket Lab stock. The shares were sold at an average price of $42.08, for a total value of $199,290.88.
• On Monday, November 24th, Frank Klein sold 41,782 shares of Rocket Lab stock. The stock was sold at an average price of $40.65, for a total value of $1,698,438.30.

Rocket Lab Stock Performance

Rocket Lab stock opened at $84.07 on Thursday. The company has a market cap of $44.90 billion, a price-to-earnings ratio of -221.23 and a beta of 2.16. Rocket Lab Corporation has a 12 month low of $14.71 and a 12 month high of $86.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.18 and a quick ratio of 2.83. The stock’s 50-day moving average is $57.10 and its 200-day moving average is $51.56.

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 the consensus estimate of ($0.05) by $0.02. The firm had revenue of $155.08 million for 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%. Rocket Lab’s revenue for the quarter was up 48.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.10) earnings per share. Equities analysts anticipate that Rocket Lab Corporation will post -0.38 earnings per share for the current year.

Key Stories Impacting Rocket Lab

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

• Positive Sentiment: Won a major U.S. Space Force prime contract (~$816M) to build missile‑defense satellites — a transformative, multi‑year defense award that materially boosts revenue visibility and credibility as a national‑security prime. Why Rocket Lab (RKLB) Is Up 22.1% After Landing an $816 Million Space Force Contract – And What’s Next
• Positive Sentiment: Shares have broken out to new record highs on record contract wins and strong sector momentum, attracting retail and institutional inflows that have amplified the rally. Rocket Lab’s Rally Isn’t Random—Big Catalysts Are Ahead
• Positive Sentiment: Analyst and bullish write‑ups highlight robust execution (Q3 revenue beat, 48% YoY growth) and pipeline upside from Neutron program milestones — supportive for forward growth expectations. Rocket Lab: Ready For New Big Victories In 2026
• Neutral Sentiment: Coverage notes the rapid one‑month/one‑year gains and momentum characteristics — useful for momentum traders but not a substitute for valuation or program execution risk analysis. Rocket Lab (RKLB) Stock: Space Company Reaches New All-Time High
• Negative Sentiment: Large insider sales: CFO Adam Spice sold ~1.37M shares (~50% of his stake) and another insider (Frank Klein) sold 100k shares — high‑profile transactions that increase supply and can be interpreted as cashing‑out at peaks. Insider Selling: Rocket Lab (NASDAQ:RKLB) Insider Sells 100,000 Shares of Stock
• Negative Sentiment: Valuation concerns: multiple commentators warn RKLB’s post‑rally valuation is stretched (high price‑to‑sales, negative EPS), leaving the stock vulnerable if Neutron progress or government‑contract execution slips. What’s Happening With RKLB Stock?
• Negative Sentiment: Some coverage notes a short‑term slide / profit‑taking after the spike, reflecting rotation and risk‑off reactions to insider sales and lofty multiples. Why Rocket Lab (RKLB) shares are sliding today

Institutional Trading of Rocket Lab

Several institutional investors have recently added to or reduced their stakes in RKLB. Baillie Gifford & Co. raised its stake in Rocket Lab by 176.1% during the third quarter. Baillie Gifford & Co. now owns 12,125,910 shares of the rocket manufacturer’s stock valued at $580,952,000 after buying an additional 7,734,788 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Rocket Lab during the 2nd quarter valued at approximately $192,918,000. Norges Bank acquired a new stake in shares of Rocket Lab during the 2nd quarter valued at approximately $164,751,000. Invesco Ltd. lifted its stake in Rocket Lab by 67.0% during the second quarter. Invesco Ltd. now owns 6,242,304 shares of the rocket manufacturer’s stock worth $223,287,000 after purchasing an additional 2,504,054 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Rocket Lab by 5.4% in the third quarter. Vanguard Group Inc. now owns 41,809,723 shares of the rocket manufacturer’s stock worth $2,003,104,000 after purchasing an additional 2,127,565 shares during the period. 71.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

RKLB has been the topic of several research reports. Bank of America raised their price objective on Rocket Lab from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, November 19th. Robert W. Baird started coverage on Rocket Lab in a report on Wednesday, October 15th. They set an “outperform” rating and a $83.00 target price on the stock. Cantor Fitzgerald reissued an “overweight” rating on shares of Rocket Lab in a research report on Wednesday, December 3rd. Morgan Stanley lowered their price objective on shares of Rocket Lab from $68.00 to $67.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 12th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Rocket Lab in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $61.25.

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.