Rocket Lab Corporation (NASDAQ:RKLB – Get Free Report) insider Frank Klein sold 44,482 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $69.59, for a total value of $3,095,502.38. Following the transaction, the insider owned 1,125,005 shares in the company, valued at approximately $78,289,097.95. This trade represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Frank Klein also recently made the following trade(s):
- On Wednesday, March 4th, Frank Klein sold 36,768 shares of Rocket Lab stock. The stock was sold at an average price of $71.95, for a total value of $2,645,457.60.
- On Friday, January 2nd, Frank Klein sold 100,000 shares of Rocket Lab stock. The stock was sold at an average price of $72.95, for a total value of $7,295,000.00.
Rocket Lab Price Performance
NASDAQ RKLB opened at $70.11 on Friday. The company has a current ratio of 4.08, a quick ratio of 2.83 and a debt-to-equity ratio of 0.10. The company has a fifty day simple moving average of $77.60 and a 200 day simple moving average of $61.93. The company has a market cap of $37.45 billion, a P/E ratio of -189.48 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.
Institutional Inflows and Outflows
Key Stories Impacting Rocket Lab
Here are the key news stories impacting Rocket Lab this week:
- Positive Sentiment: Operational cadence pickup — Rocket Lab completed two successful launches within days (its 83rd overall), demonstrating reliability and increasing near‑term revenue visibility from launch services. Read More.
- Positive Sentiment: Strong financials and backlog — Q4/FY2025 beat expectations, record ~$602M full‑year revenue, improving margins and a $1.85B backlog (includes an $816M SDA prime), which supports analyst upgrades and longer‑term revenue visibility. Read More.
- Neutral Sentiment: Analyst mix and ratings — some firms raised targets (e.g., Cantor Fitzgerald) while others stayed cautious or kept holds; consensus remains a Moderate Buy but opinions vary on Neutron timing and R&D spend. Read More.
- Negative Sentiment: Neutron delay and development risk — management pushed Neutron’s maiden flight to Q4 2026 after a Stage‑1 tank rupture in testing; higher near‑term R&D spending and timeline uncertainty weigh on margins and sentiment. Read More.
- Negative Sentiment: Insider sales — CEO, CFO and senior executives disclosed material share sales (March 2–4 filings). While company says sales are routine, multiple large insider transactions can pressure intraday liquidity and generate retail anxiety. Read More.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on RKLB shares. Citizens Jmp reissued a “market perform” rating on shares of Rocket Lab in a research report on Friday, February 27th. Stifel Nicolaus increased their price target on shares of Rocket Lab from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Monday, December 22nd. KeyCorp cut shares of Rocket Lab from an “overweight” rating to a “sector weight” rating in a research note on Thursday, January 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a report on Thursday, January 22nd. Finally, Bank of America upped their price objective on Rocket Lab from $60.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Rocket Lab currently has a consensus rating of “Moderate Buy” and an average target price of $75.92.
Get Our Latest Stock Report on RKLB
Rocket Lab Company 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.
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