Insider Selling: Rocket Companies (NYSE:RKT) Director Sells $53,150.00 in Stock

Rocket Companies, Inc. (NYSE:RKT) Director Matthew Rizik sold 2,500 shares of the business’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $21.26, for a total value of $53,150.00. Following the transaction, the director directly owned 1,046,036 shares in the company, valued at $22,238,725.36. This trade represents a 0.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Matthew Rizik also recently made the following trade(s):

• On Monday, December 29th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $19.25, for a total value of $48,125.00.
• On Friday, December 26th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $19.38, for a total transaction of $48,450.00.
• On Wednesday, December 24th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $19.44, for a total transaction of $48,600.00.
• On Monday, December 22nd, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $18.99, for a total transaction of $47,475.00.
• On Friday, December 19th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $19.21, for a total transaction of $48,025.00.
• On Wednesday, December 17th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $18.21, for a total transaction of $45,525.00.
• On Friday, December 12th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $18.99, for a total transaction of $47,475.00.
• On Wednesday, December 10th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $19.17, for a total transaction of $47,925.00.
• On Monday, December 8th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $18.78, for a total value of $46,950.00.
• On Thursday, December 4th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $19.86, for a total value of $49,650.00.

Rocket Companies Price Performance

RKT stock opened at $23.29 on Monday. Rocket Companies, Inc. has a 52-week low of $10.06 and a 52-week high of $23.42. The company has a quick ratio of 19.68, a current ratio of 19.68 and a debt-to-equity ratio of 2.16. The stock has a market cap of $49.00 billion, a price-to-earnings ratio of 291.10 and a beta of 2.29. The business has a fifty day moving average of $18.77 and a two-hundred day moving average of $17.77.

Rocket Companies (NYSE:RKT) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.07. The business had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Rocket Companies had a positive return on equity of 2.83% and a negative net margin of 1.77%.The company’s revenue was up 148.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.08 EPS. As a group, research analysts anticipate that Rocket Companies, Inc. will post 0.15 earnings per share for the current year.

Institutional Trading of Rocket Companies

Several hedge funds have recently modified their holdings of the stock. Durable Capital Partners LP acquired a new position in shares of Rocket Companies during the third quarter worth about $213,010,000. ValueAct Holdings L.P. lifted its stake in Rocket Companies by 67.9% in the third quarter. ValueAct Holdings L.P. now owns 25,395,627 shares of the company’s stock worth $492,167,000 after acquiring an additional 10,270,018 shares during the last quarter. Fred Alger Management LLC lifted its stake in Rocket Companies by 7,412.6% in the third quarter. Fred Alger Management LLC now owns 6,078,800 shares of the company’s stock worth $117,807,000 after acquiring an additional 5,997,885 shares during the last quarter. Vanguard Group Inc. grew its holdings in Rocket Companies by 29.5% during the 3rd quarter. Vanguard Group Inc. now owns 22,945,500 shares of the company’s stock worth $444,684,000 after acquiring an additional 5,226,931 shares in the last quarter. Finally, Third Point LLC purchased a new stake in shares of Rocket Companies in the 2nd quarter valued at approximately $67,355,000. 4.59% of the stock is currently owned by institutional investors and hedge funds.

Rocket Companies News Summary

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

• Positive Sentiment: Policy catalyst — Former President Trump floated a roughly $200 billion mortgage bond purchase plan that would likely push mortgage rates lower and directly benefit originators/servicers like Rocket by increasing refinance and purchase activity. This is the primary driver behind the stock’s strength. Stock Market Today, Jan. 9: Rocket Companies Surges After Trump Floats $200 Billion Mortgage Bond Purchase Plan
• Positive Sentiment: Market reaction and media coverage — News outlets reported an immediate pop and after-hours jump tied to the housing-policy pledge, helping feed momentum and investor interest in RKT. Rocket Stock Pops on Trump’s Plans to Buy Mortgage Bonds Rocket Companies (RKT) Stock Jumps After Hours On Trump Housing Market Pledge
• Positive Sentiment: Unusual options activity — Traders bought ~194,624 call options (about +53% vs. average), signaling speculative bullish positioning that can amplify short-term upside if momentum continues. (No article link)
• Neutral Sentiment: Insider activity — Director Matthew Rizik sold 2,500 shares at ~$21.26 (a very small portion of his ~1.05M holding). The sale was disclosed on Form 4; the size suggests routine liquidity rather than a major red flag. SEC Form 4 — Rizik sale
• Negative Sentiment: Valuation and profitability risk — Rocket trades at a very elevated P/E and still shows a negative net margin despite rapid revenue growth; those fundamentals could limit sustained upside if mortgage-rate relief fails to materialize or policy plans stall. RKT profile and financials

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Wells Fargo & Company upped their price objective on shares of Rocket Companies from $15.00 to $17.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Jefferies Financial Group assumed coverage on Rocket Companies in a research report on Friday, December 19th. They issued a “buy” rating and a $25.00 target price on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Rocket Companies in a research report on Monday, October 13th. Wall Street Zen downgraded Rocket Companies from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Finally, Royal Bank Of Canada increased their target price on Rocket Companies from $17.00 to $20.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $19.54.

About Rocket Companies

Rocket Companies, Inc is a Detroit-based holding company whose businesses are centered on digital mortgage origination and related consumer finance and real estate services. The company grew out of the Quicken Loans franchise and completed an initial public offering in 2020. Founder Dan Gilbert remains a prominent figure associated with the firm, which operates a suite of brands that aim to simplify the home financing and buying experience through technology and scale.

The company’s core activity is mortgage lending through its Rocket Mortgage platform, which offers online application, underwriting and servicing for home purchase and refinance loans.