Assetmark Inc. boosted its holdings in Rocket Lab Corporation (NASDAQ:RKLB – Free Report) by 5,150.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,127 shares of the rocket manufacturer’s stock after buying an additional 12,877 shares during the period. Assetmark Inc.’s holdings in Rocket Lab were worth $916,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of RKLB. Sara Bay Financial boosted its holdings in Rocket Lab by 0.7% in the 4th quarter. Sara Bay Financial now owns 15,905 shares of the rocket manufacturer’s stock valued at $1,121,000 after purchasing an additional 117 shares during the period. ORG Partners LLC grew its position in shares of Rocket Lab by 9.1% during the 4th quarter. ORG Partners LLC now owns 1,458 shares of the rocket manufacturer’s stock valued at $102,000 after purchasing an additional 121 shares in the last quarter. Traynor Capital Management Inc. grew its position in shares of Rocket Lab by 1.9% during the 4th quarter. Traynor Capital Management Inc. now owns 7,191 shares of the rocket manufacturer’s stock valued at $502,000 after purchasing an additional 133 shares in the last quarter. Capital Advisors Wealth Management LLC grew its position in shares of Rocket Lab by 1.0% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 13,466 shares of the rocket manufacturer’s stock valued at $939,000 after purchasing an additional 136 shares in the last quarter. Finally, Capital Investment Advisory Services LLC grew its position in shares of Rocket Lab by 2.1% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 10,432 shares of the rocket manufacturer’s stock valued at $500,000 after purchasing an additional 212 shares in the last quarter. 71.78% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Rocket Lab
Here are the key news stories impacting Rocket Lab this week:
- Positive Sentiment: Backlog jumps to $1.85 billion, boosting revenue visibility and signaling customer demand for secured launch and satellite manufacturing capacity; investors see this as confirmation of future revenue and pricing power. Rocket Lab Stock Rides ‘Launch Squeeze’ Momentum As Backlog Hits $1.85 Billion
- Positive Sentiment: Stifel reiterates its Buy rating (and an improved tone/price outlook in recent coverage), giving investors independent analyst confirmation to support the rally. Stifel Nicolaus Reaffirms “Buy” Rating for Rocket Lab (NASDAQ:RKLB)
- Positive Sentiment: Market commentary highlights a broader launch-capacity bottleneck after a competitor mishap, positioning Rocket Lab (proven small-launch execution) as a beneficiary of diverted demand. The Space Race Just Hit a Bottleneck—Who Benefits?
- Positive Sentiment: Analyst price-target increases (Stifel’s move to $105 noted in coverage) helped lift sentiment and underpin upside expectations. Why Are Rocket Lab (RKLB) Shares Soaring Today
- Neutral Sentiment: Coverage pieces position Rocket Lab as a potential long-term winner if Neutron succeeds, but note that the medium-lift debut is still a catalyst window — meaningful upside depends on execution and timing. Rocket Lab: A Buy Ahead Of SpaceX IPO
- Neutral Sentiment: Market analyses include Rocket Lab among stocks that could benefit from a domestic manufacturing upswing — a thematic tailwind but dependent on broader macro and policymaker actions. If There’s a Domestic Manufacturing Boom, These 3 Stocks Could Win (RKLB)
- Negative Sentiment: Recent intraday weakness was reported earlier (a ~3% drop in the prior session), reflecting volatility and reminders that shorter-term profit-taking or news-driven selloffs can occur. Rocket Lab Corporation (RKLB) Suffers a Larger Drop Than the General Market: Key Insights
- Negative Sentiment: Analysts and commentators warn that Neutron execution risk and timing remain significant — the stock’s upside is contingent on flawless development and launch execution. Rocket Lab: Millionaire-Maker or Overhyped?
Insiders Place Their Bets
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on RKLB. Weiss Ratings restated a “sell (d-)” rating on shares of Rocket Lab in a research report on Thursday, January 22nd. Citizens Jmp raised shares of Rocket Lab from a “market perform” rating to an “outperform” rating and set a $85.00 price objective for the company in a report on Tuesday, April 7th. Clear Str raised shares of Rocket Lab to a “strong-buy” rating in a report on Wednesday, March 18th. Zacks Research downgraded shares of Rocket Lab from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Finally, Wells Fargo & Company initiated coverage on shares of Rocket Lab in a report on Wednesday, April 1st. They set an “equal weight” rating and a $60.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $83.31.
Read Our Latest Stock Analysis on RKLB
Rocket Lab Stock Performance
NASDAQ RKLB opened at $90.04 on Thursday. Rocket Lab Corporation has a 52-week low of $20.02 and a 52-week high of $99.58. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.61 and a current ratio of 4.08. The company has a market capitalization of $51.27 billion, a P/E ratio of -243.34 and a beta of 2.20. The company has a fifty day moving average of $71.00 and a 200-day moving average of $67.50.
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.
Read More
Want to see what other hedge funds are holding RKLB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rocket Lab Corporation (NASDAQ:RKLB – Free Report).
Receive News & Ratings for Rocket Lab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rocket Lab and related companies with MarketBeat.com's FREE daily email newsletter.
