Rocket Lab Corporation $RKLB Shares Purchased by Atika Capital Management LLC

Atika Capital Management LLC increased its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 38.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,000 shares of the rocket manufacturer’s stock after purchasing an additional 23,885 shares during the period. Atika Capital Management LLC’s holdings in Rocket Lab were worth $5,523,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Swedbank AB boosted its position in shares of Rocket Lab by 8.2% in the 4th quarter. Swedbank AB now owns 509,250 shares of the rocket manufacturer’s stock worth $35,525,000 after purchasing an additional 38,770 shares in the last quarter. Vanguard Group Inc. increased its position in Rocket Lab by 13.4% during the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after buying an additional 5,610,469 shares in the last quarter. Katamaran Capital LLP raised its stake in Rocket Lab by 86.2% in the first quarter. Katamaran Capital LLP now owns 19,808 shares of the rocket manufacturer’s stock valued at $1,272,000 after buying an additional 9,172 shares during the last quarter. Westfield Capital Management Co. LP raised its stake in Rocket Lab by 6.3% in the fourth quarter. Westfield Capital Management Co. LP now owns 2,592,443 shares of the rocket manufacturer’s stock valued at $180,849,000 after buying an additional 154,623 shares during the last quarter. Finally, Baillie Gifford & Co. boosted its holdings in Rocket Lab by 47.2% in the fourth quarter. Baillie Gifford & Co. now owns 17,851,446 shares of the rocket manufacturer’s stock worth $1,245,317,000 after acquiring an additional 5,725,536 shares in the last quarter. 71.78% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Rocket Lab

In other Rocket Lab news, insider Marvin Bradford Clevenger sold 3,500 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $146.67, for a total transaction of $513,345.00. Following the completion of the transaction, the insider directly owned 473,975 shares in the company, valued at approximately $69,517,913.25. This represents a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Alexander R. Slusky sold 40,000 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $123.60, for a total transaction of $4,944,000.00. Following the transaction, the director directly owned 334,675 shares in the company, valued at approximately $41,365,830. The trade was a 10.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 3,849,294 shares of company stock worth $362,816,208 in the last ninety days. Company insiders own 8.40% of the company’s stock.

More Rocket Lab News

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

• Positive Sentiment: Rocket Lab won a $266 million firm-fixed-price U.S. Air Force / Space Force contract for 12 suborbital launches, with options for six more through 2028. Investors see this as validation of its HASTE/Electron launch capability and a meaningful boost to its defense backlog. Rocket Lab Wins $266 Million Suborbital Launch Contract
• Positive Sentiment: Several analysts and commentators said the contract strengthens Rocket Lab’s long-term investment case by expanding its defense business and providing a concrete revenue catalyst. A $266 Million Reason to Buy Rocket Lab Stock Here
• Positive Sentiment: Coverage comparing Rocket Lab with Intuitive Machines highlighted growing space-sector investment, broader launch/spacecraft opportunities, and Rocket Lab’s expanding mission capabilities, which supports the bullish long-term narrative. RKLB vs. LUNR: Which Emerging Space Stock Is the Better Pick Today?
• Neutral Sentiment: Rocket Lab also announced it will report second-quarter 2026 results on August 10, giving investors a near-term event to watch for updates on revenue, margins, and guidance. Rocket Lab Announces Date of Second Quarter 2026 Financial Results
• Neutral Sentiment: Some recent commentary focused on SpaceX and orbital debris risk, which reflects broader industry concerns but is not a direct company-specific catalyst for RKLB.
• Negative Sentiment: Despite the contract win, some articles note Rocket Lab has fallen sharply from recent highs, and valuation concerns remain after the stock’s large run-up earlier in the year. Rocket Lab Has Corrected Nearly 50%. Is It Still Too Expensive?

Rocket Lab Stock Up 0.3%

RKLB opened at $69.99 on Friday. The company has a fifty day moving average of $103.63 and a two-hundred day moving average of $87.19. The stock has a market capitalization of $40.51 billion, a price-to-earnings ratio of -218.72 and a beta of 2.54. Rocket Lab Corporation has a fifty-two week low of $37.57 and a fifty-two week high of $151.00. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.02 and a current ratio of 4.47.

Rocket Lab (NASDAQ:RKLB) last posted its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.07). The business had revenue of $200.35 million for the quarter, compared to analyst estimates of $189.65 million. Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. The company’s revenue for the quarter was up 63.4% on a year-over-year basis. During the same period in the prior year, the company posted ($0.12) EPS. On average, research analysts expect that Rocket Lab Corporation will post -0.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

RKLB has been the topic of a number of research analyst reports. KGI Securities began coverage on Rocket Lab in a research note on Thursday, June 11th. They set a “neutral” rating and a $105.00 price target on the stock. New Street Research started coverage on shares of Rocket Lab in a research report on Wednesday, May 13th. They set a “buy” rating and a $150.00 target price on the stock. Citigroup restated an “outperform” rating on shares of Rocket Lab in a research note on Tuesday, June 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a report on Friday, July 17th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $120.00 price objective on shares of Rocket Lab in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $110.18.

Rocket Lab 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.