Rocket Lab Corporation $RKLB Stock Position Lessened by American Century Companies Inc.

American Century Companies Inc. trimmed its holdings in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 11.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,996,029 shares of the rocket manufacturer’s stock after selling 255,101 shares during the period. American Century Companies Inc. owned approximately 0.41% of Rocket Lab worth $95,630,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Wilmington Savings Fund Society FSB acquired a new position in Rocket Lab during the 3rd quarter valued at about $25,000. Hara Capital LLC acquired a new stake in shares of Rocket Lab in the 3rd quarter worth approximately $25,000. UMB Bank n.a. boosted its holdings in shares of Rocket Lab by 352.5% in the third quarter. UMB Bank n.a. now owns 543 shares of the rocket manufacturer’s stock valued at $26,000 after acquiring an additional 423 shares in the last quarter. Sound Income Strategies LLC bought a new position in shares of Rocket Lab in the third quarter valued at approximately $27,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Rocket Lab by 109.5% during the second quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock valued at $28,000 after acquiring an additional 416 shares during the period. 71.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on RKLB. Roth Mkm restated a “buy” rating and issued a $75.00 target price on shares of Rocket Lab in a research report on Tuesday, November 11th. Citizens Jmp reissued a “market perform” rating on shares of Rocket Lab in a research note on Friday, February 27th. Needham & Company LLC decreased their target price on Rocket Lab from $110.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Citigroup reaffirmed a “market perform” rating on shares of Rocket Lab in a report on Wednesday, November 12th. Finally, Stifel Nicolaus upped their price target on shares of Rocket Lab from $75.00 to $85.00 and gave the company a “buy” rating in a report on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $75.92.

More Rocket Lab News

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

• Positive Sentiment: Rocket Lab completed a lift of a scramjet-powered air vehicle for a U.S. Defense Innovation Unit hypersonic test, demonstrating the company’s growing role in defense hypersonics and validating its HASTE capability — a near-term revenue and credibility boost with government customers. Rocket Lab Lifts Scramjet-Powered Air Vehicle For DIU Hypersonic Test
• Positive Sentiment: Rocket Lab highlighted expansion in hypersonic testing and unveiled advanced silicon solar arrays aimed at powering large space-based data centers — reinforces dual defense/commercial growth vectors that support longer-term revenue visibility. Rocket Lab Expands Hypersonic Testing And Space Power Ambitions For Investors
• Neutral Sentiment: Institutional buyers are accumulating RKLB even as insiders sell large positions for personal planning — institutional flow supports the stock’s thesis, but insider sales can spook retail holders and add short-term selling pressure. Meta and Rocket Lab Insiders Sell Shares—So Why Is Wall Street Buying?
• Neutral Sentiment: Analyst coverage is mixed: Needham trimmed its price target from $110 to $95 but kept a Buy rating (still implying upside), while other shops have reiterated Market Perform or modestly raised/lowered targets — this creates divergent signals for investors. Benzinga coverage of analyst moves
• Negative Sentiment: Headwinds: the market is still pricing in execution risk after the company disclosed a Neutron rocket delay (manufacturing/tank issue) that has extended timelines — that delay + post-earnings reaction has weighed on sentiment despite a strong Q4 beat. This schedule uncertainty likely explains short-term selling. What’s Going On With Rocket Lab Stock Monday?

Rocket Lab Trading Down 1.2%

NASDAQ:RKLB opened at $70.09 on Wednesday. The stock has a fifty day simple moving average of $77.84 and a 200 day simple moving average of $61.63. The firm has a market capitalization of $37.44 billion, a price-to-earnings ratio of -189.43 and a beta of 2.20. Rocket Lab Corporation has a 1-year low of $14.71 and a 1-year high of $99.58. The company has a quick ratio of 2.83, a current ratio of 3.18 and a debt-to-equity ratio of 0.32.

Insider Activity at Rocket Lab

In other Rocket Lab news, CFO Adam C. Spice sold 1,365,665 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $75.50, for a total value of $103,107,707.50. Following the completion of the transaction, the chief financial officer directly owned 1,359,568 shares in the company, valued at $102,647,384. This trade represents a 50.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Merline Saintil sold 12,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $90.00, for a total transaction of $1,125,000.00. Following the sale, the director owned 280,029 shares in the company, valued at $25,202,610. This represents a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 4,138,979 shares of company stock valued at $265,048,346. Corporate insiders own 11.90% of the company’s stock.

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.