AXQ Capital LP Reduces Stake in Rocket Companies, Inc. $RKT

AXQ Capital LP lessened its holdings in shares of Rocket Companies, Inc. (NYSE:RKT) by 68.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,446 shares of the company’s stock after selling 45,217 shares during the period. AXQ Capital LP’s holdings in Rocket Companies were worth $396,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new stake in Rocket Companies during the third quarter worth approximately $25,000. North Capital Inc. grew its position in shares of Rocket Companies by 287.2% in the 2nd quarter. North Capital Inc. now owns 1,820 shares of the company’s stock valued at $26,000 after buying an additional 1,350 shares during the last quarter. SouthState Corp grew its position in shares of Rocket Companies by 2,044.8% in the 2nd quarter. SouthState Corp now owns 2,059 shares of the company’s stock valued at $29,000 after buying an additional 1,963 shares during the last quarter. Miller Wealth Advisors LLC raised its stake in Rocket Companies by 65.0% during the 3rd quarter. Miller Wealth Advisors LLC now owns 1,650 shares of the company’s stock worth $32,000 after acquiring an additional 650 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in Rocket Companies in the third quarter valued at $38,000. 4.59% of the stock is owned by institutional investors and hedge funds.

Rocket Companies Price Performance

Rocket Companies stock opened at $17.33 on Thursday. The company has a debt-to-equity ratio of 2.16, a current ratio of 19.68 and a quick ratio of 19.68. The business has a 50 day simple moving average of $20.05 and a 200-day simple moving average of $18.93. Rocket Companies, Inc. has a 12 month low of $10.94 and a 12 month high of $24.36. The stock has a market capitalization of $36.47 billion, a PE ratio of 216.65 and a beta of 2.31.

Analysts Set New Price Targets

Several brokerages have issued reports on RKT. BTIG Research reaffirmed a “buy” rating and set a $25.00 price objective on shares of Rocket Companies in a report on Wednesday, November 19th. Wall Street Zen downgraded Rocket Companies from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $22.00 price target (up from $16.00) on shares of Rocket Companies in a research report on Wednesday, October 29th. Weiss Ratings reissued a “sell (d+)” rating on shares of Rocket Companies in a report on Monday, December 29th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Rocket Companies from $18.00 to $20.00 and gave the stock a “market perform” rating in a research report on Thursday, December 18th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $20.50.

Insider Buying and Selling

In other news, Director Matthew Rizik sold 2,500 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $21.26, for a total value of $53,150.00. Following the completion of the sale, the director owned 1,046,036 shares in the company, valued at approximately $22,238,725.36. This trade represents a 0.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders have sold 32,500 shares of company stock worth $645,775. 92.64% of the stock is currently owned by corporate insiders.

Rocket Companies News Summary

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

• Positive Sentiment: Mortgage rates easing could boost originations and refinancing activity for Rocket as borrowing becomes more affordable; the average U.S. mortgage rate fell to about 6.09% (lowest since 2022), which should support loan volume recovery. Mortgage Rates Article
• Positive Sentiment: Rocket is embedding AI across its mortgage operations and integrating Redfin and Mr. Cooper to speed workflows and pursue share gains — a structural play that could improve margins and conversion as volumes recover. AI in RKT Article
• Positive Sentiment: Analysts are maintaining an overall “Outperform” stance and options flows show elevated bets on post-earnings volatility — this can amplify upside if results beat expectations. Options/Analyst Article
• Neutral Sentiment: Investors are focused on RKT’s Q4 2025 earnings (reporting after the bell Feb. 26); previews highlight key metrics to watch (origination margins, servicing recapture, guidance) — outcomes will likely drive short-term stock moves. Q4 Preview 1 Q4 Preview 2
• Negative Sentiment: Short interest surged ~49.8% in February to ~54.43M shares (about 35.1% of shares short); the short-interest ratio is low (~1.6 days) due to high turnover. Heavy shorting adds downward pressure and raises volatility risk, which likely contributed to today’s weakness.
• Negative Sentiment: Redfin data (powered by Rocket) points to a sustained buyer’s market and elevated contract cancellations (13.7% in January) along with a survey showing many Americans struggling to pay rent/mortgage — these trends could suppress origination and real-estate services revenue near-term. Cancellations Article Affordability Article

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.