Fidelis Capital Partners LLC Takes $364,000 Position in Rocket Lab Corporation $RKLB

Fidelis Capital Partners LLC acquired a new stake in Rocket Lab Corporation (NASDAQ:RKLB) during the 4th quarter, Holdings Channel reports. The firm acquired 5,218 shares of the rocket manufacturer’s stock, valued at approximately $364,000.

Several other large investors have also made changes to their positions in RKLB. Aventura Private Wealth LLC bought a new stake in shares of Rocket Lab in the fourth quarter worth about $25,000. UMB Bank n.a. increased its holdings in shares of Rocket Lab by 352.5% in the third quarter. UMB Bank n.a. now owns 543 shares of the rocket manufacturer’s stock worth $26,000 after purchasing an additional 423 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Rocket Lab by 109.5% in the second quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock worth $28,000 after purchasing an additional 416 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Rocket Lab in the fourth quarter worth about $32,000. Finally, DecisionPoint Financial LLC increased its holdings in shares of Rocket Lab by 91.1% in the fourth quarter. DecisionPoint Financial LLC now owns 472 shares of the rocket manufacturer’s stock worth $33,000 after purchasing an additional 225 shares during the last quarter. 71.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Rocket Lab

In related news, Director Alexander R. Slusky sold 100,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $118.08, for a total value of $11,808,000.00. Following the transaction, the director owned 434,675 shares of the company’s stock, valued at $51,326,424. This represents a 18.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Frank Klein sold 44,482 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $69.59, for a total value of $3,095,502.38. Following the completion of the transaction, the insider directly owned 1,125,005 shares in the company, valued at approximately $78,289,097.95. This trade represents a 3.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 554,800 shares of company stock worth $60,032,445 in the last ninety days. 8.40% of the stock is owned by company insiders.

More Rocket Lab News

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

• Positive Sentiment: Rocket Lab continues to benefit from optimism around its defense business, including progress on its SDA missile-defense constellation work and a reported milestone that helped push total defense awards above $1.3 billion. Rocket Lab Hits Key SDA Milestone, Expands Defense Footprint
• Positive Sentiment: The stock is also being lifted by broader enthusiasm for the space sector, with traders speculating that a potential SpaceX IPO could re-rate public space names and keep capital flowing into Rocket Lab. Is Rocket Lab Corporation (RKLB) Among the Best Space Stocks to Buy According to Reddit and Social Media?
• Positive Sentiment: Recent coverage highlighted Rocket Lab’s improving revenue momentum and expanding role as a space-defense contractor, reinforcing the case for continued growth. Rocket Lab (RKLB) Stock Soars as Defense Contracts Surpass $1.3 Billion Milestone
• Neutral Sentiment: Several bullish articles framed Rocket Lab as a key “SpaceX alternative,” but much of that move appears driven by valuation expansion and theme trading rather than a single new operating catalyst. Rocket Lab (RKLB) Stock Price Forecast — Can the 115% Rally Continue?
• Negative Sentiment: Rocket Lab also faced pressure from a broader selloff in space stocks after Blue Origin’s New Glenn rocket exploded during a hotfire test, raising risk-off sentiment across the group. Blue Origin New Glenn Rocket Erupts in Flames During Hotfire Test at Cape Canaveral
• Negative Sentiment: Sentiment was further weighed by multiple insider sales disclosed this week, including transactions by senior executives, even though the sales were tied to 10b5-1 plans and tax withholding on equity awards. Arjun Kampani Insider Trading Activity

Rocket Lab Trading Down 3.1%

RKLB opened at $143.48 on Friday. The stock has a market cap of $83.04 billion, a price-to-earnings ratio of -448.38 and a beta of 2.30. The stock’s 50 day moving average price is $92.13 and its 200-day moving average price is $76.27. Rocket Lab Corporation has a one year low of $25.24 and a one year 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 released its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, meeting analysts’ consensus estimates of ($0.07). Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The firm had revenue of $200.35 million for the quarter, compared to analysts’ expectations of $189.65 million. During the same quarter in the prior year, the firm posted ($0.12) earnings per share. The company’s quarterly revenue was up 63.4% on a year-over-year basis. On average, equities analysts forecast that Rocket Lab Corporation will post -0.29 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on RKLB. TD Cowen lifted their target price on Rocket Lab from $90.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Rocket Lab in a report on Wednesday. Roth Mkm lifted their target price on Rocket Lab from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Citizens Jmp lifted their target price on Rocket Lab from $85.00 to $95.00 and gave the stock a “market outperform” rating in a report on Friday, May 8th. Finally, Wall Street Zen raised Rocket Lab from a “sell” rating to a “hold” rating in a report on Sunday, February 8th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $97.19.

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.