Swedbank AB Purchases 38,770 Shares of Rocket Lab Corporation $RKLB

Swedbank AB increased its position in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 8.2% in the 4th quarter, HoldingsChannel reports. The firm owned 509,250 shares of the rocket manufacturer’s stock after acquiring an additional 38,770 shares during the quarter. Swedbank AB’s holdings in Rocket Lab were worth $35,525,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Sara Bay Financial raised its stake in Rocket Lab by 0.7% during the fourth quarter. Sara Bay Financial now owns 15,905 shares of the rocket manufacturer’s stock worth $1,121,000 after acquiring an additional 117 shares in the last quarter. ORG Partners LLC raised its stake in Rocket Lab by 9.1% during the fourth quarter. ORG Partners LLC now owns 1,458 shares of the rocket manufacturer’s stock worth $102,000 after acquiring an additional 121 shares in the last quarter. Traynor Capital Management Inc. raised its stake in Rocket Lab by 1.9% during the fourth quarter. Traynor Capital Management Inc. now owns 7,191 shares of the rocket manufacturer’s stock worth $502,000 after acquiring an additional 133 shares in the last quarter. Capital Advisors Wealth Management LLC raised its stake in Rocket Lab by 1.0% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 13,466 shares of the rocket manufacturer’s stock worth $939,000 after acquiring an additional 136 shares in the last quarter. Finally, Quadcap Wealth Management LLC raised its stake in Rocket Lab by 2.3% during the fourth quarter. Quadcap Wealth Management LLC now owns 6,246 shares of the rocket manufacturer’s stock worth $436,000 after acquiring an additional 140 shares in the last quarter. Institutional investors and hedge funds own 71.78% of the company’s stock.

Insider Activity

In related news, CFO Adam C. Spice sold 62,744 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $69.59, for a total value of $4,366,354.96. Following the transaction, the chief financial officer directly owned 1,296,824 shares in the company, valued at $90,245,982.16. This trade represents a 4.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Merline Saintil sold 18,126 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $75.04, for a total value of $1,360,175.04. Following the completion of the transaction, the director owned 261,903 shares in the company, valued at approximately $19,653,201.12. This represents a 6.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 233,449 shares of company stock worth $16,487,233. 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: Q1 results beat on revenue and guidance: Rocket Lab reported record Q1 revenue of ~$200.3M (up ~63% YoY), delivered GAAP EPS in line with estimates, and issued Q2 revenue guidance of $225M–$240M that topped analyst expectations — a core driver of the rally. Rocket Lab (RKLB) Stock Soars 7.5% on Blowout Q1 Results and Defense Wins
• Positive Sentiment: Record backlog and largest launch contract: Management disclosed a record ~$2.2B backlog and announced the largest multi-launch deal in company history (multiple Neutron and Electron missions for a confidential customer), underpinning forward revenue visibility. Rocket Lab Expands Launch Backlog And Robotics Capabilities With Motiv Deal
• Positive Sentiment: Defense wins accelerate revenue and strategic positioning: Rocket Lab won a $30M Anduril HASTE hypersonic-launch contract and was selected with Raytheon for a U.S. Space Force interceptor demo — these defense awards add higher-margin, recurring program potential. Rocket Lab Awarded $30 Million Contract for HASTE Hypersonic Rocket Launches for Anduril
• Positive Sentiment: Strategic acquisition to expand capabilities: Rocket Lab agreed to acquire Motiv Space Systems (robotics/motion control used in Mars rovers), bringing in-space robotics and precision mechanisms that support satellite manufacturing and planetary/defense programs. Rocket Lab To Acquire Robotics Leader Motiv Space Systems
• Neutral Sentiment: Profitability still elusive: GAAP loss (-$0.07) was in line with estimates and the company remains unprofitable on a net-margin basis; analysts expect negative EPS for the fiscal year, keeping long-term profitability a watchpoint. Rocket Lab Reports Q1 Loss, Beats Revenue Estimates
• Negative Sentiment: Execution and R&D risks remain (Neutron timeline & costs): Neutron development, rising R&D and integration risks, and a premium market valuation relative to current earnings make the stock sensitive to execution misses; some traders were cautious ahead of results. Rocket Lab Stock Falls Ahead Of Q1 Results

Rocket Lab Price Performance

Rocket Lab stock opened at $78.58 on Friday. The stock has a market capitalization of $44.74 billion, a price-to-earnings ratio of -212.37 and a beta of 2.30. Rocket Lab Corporation has a 52-week low of $20.23 and a 52-week high of $99.58. The stock’s 50 day moving average price is $72.88 and its two-hundred day moving average price is $68.50. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.61 and a current ratio of 4.08.

Rocket Lab (NASDAQ:RKLB) last posted its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.07). The firm had revenue of $200.35 million for the quarter, compared to analysts’ expectations of $189.65 million. Rocket Lab had a negative return on equity of 19.01% and a negative net margin of 32.94%.The company’s revenue for the quarter was up 63.4% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.12) EPS. On average, equities analysts predict that Rocket Lab Corporation will post -0.22 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on RKLB shares. Clear Str raised Rocket Lab to a “strong-buy” rating in a research note on Wednesday, March 18th. Citizens Jmp raised Rocket Lab from a “market perform” rating to an “outperform” rating and set a $85.00 price objective for the company in a research note on Tuesday, April 7th. Wells Fargo & Company began coverage on Rocket Lab in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $60.00 price objective for the company. Roth Mkm upped their price objective on Rocket Lab from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, Zacks Research downgraded Rocket Lab from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $83.31.

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.