Entropy Technologies LP Has $14.75 Million Holdings in Rocket Lab Corporation $RKLB

Entropy Technologies LP boosted its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 316.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 229,692 shares of the rocket manufacturer’s stock after purchasing an additional 174,575 shares during the quarter. Rocket Lab comprises about 0.7% of Entropy Technologies LP’s investment portfolio, making the stock its 25th largest holding. Entropy Technologies LP’s holdings in Rocket Lab were worth $14,751,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Sara Bay Financial boosted its holdings 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 buying an additional 117 shares during the last quarter. ORG Partners LLC increased its stake in shares of Rocket Lab by 9.1% in the 4th quarter. ORG Partners LLC now owns 1,458 shares of the rocket manufacturer’s stock valued at $102,000 after acquiring an additional 121 shares during the last quarter. Bartlett & CO. Wealth Management LLC increased its stake in shares of Rocket Lab by 7.1% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 1,869 shares of the rocket manufacturer’s stock valued at $120,000 after acquiring an additional 124 shares during the last quarter. Sovereign Financial Group Inc. raised its position in shares of Rocket Lab by 3.9% in the 1st quarter. Sovereign Financial Group Inc. now owns 3,320 shares of the rocket manufacturer’s stock valued at $213,000 after acquiring an additional 125 shares during the period. Finally, Traynor Capital Management Inc. raised its position in shares of Rocket Lab by 1.9% in the 4th quarter. Traynor Capital Management Inc. now owns 7,191 shares of the rocket manufacturer’s stock valued at $502,000 after acquiring an additional 133 shares during the period. Institutional investors and hedge funds own 71.78% of the company’s stock.

Trending Headlines about Rocket Lab

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

• Positive Sentiment: Rocket Lab continues to win new business, including NASA science launch contracts and a broader defense backlog that supports its long-term growth story. 2 Missions, 3 Launches, and Up to $300 Million for Rocket Lab
• Positive Sentiment: Some analysts and commentators argue the recent selloff may be overdone, pointing to Rocket Lab’s growing defense business, launch momentum, and Neutron development as reasons to buy the dip. A $266 Million Reason to Buy Rocket Lab Stock Here
• Neutral Sentiment: Rocket Lab announced it will report second-quarter 2026 results on August 10, which could become the next major catalyst for the stock. Rocket Lab Announces Date of Second Quarter 2026 Financial Results
• Neutral Sentiment: Rocket Lab’s short-interest update was essentially a data anomaly, showing zero short shares and offering little meaningful new information for investors.
• Negative Sentiment: Shares are also being dragged down by a broader space-stock selloff tied to weakness in SpaceX-related trading and investor anxiety ahead of a Starship test flight. SpaceX Drops 5%, Rocket Lab Falls 7%, AST SpaceMobile Slides 4% as Jittery Market Awaits Tonight’s Crucial Test Flight
• Negative Sentiment: Investors are still debating whether Rocket Lab is too expensive even after its sharp pullback, suggesting valuation remains a headwind. Rocket Lab Has Corrected Nearly 50%. Is It Still Too Expensive?

Insider Transactions at Rocket Lab

In other Rocket Lab news, insider Frank Klein sold 44,390 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $142.57, for a total transaction of $6,328,682.30. Following the completion of the transaction, the insider owned 1,043,847 shares in the company, valued at approximately $148,821,266.79. This represents a 4.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Alexander R. Slusky sold 100,000 shares of the stock in a transaction dated 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 approximately $51,326,424. This trade represents a 18.70% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 3,849,294 shares of company stock worth $362,816,208. Company insiders own 8.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on RKLB shares. Citigroup restated an “outperform” rating on shares of Rocket Lab in a report on Tuesday, June 30th. KGI Securities began coverage on shares of Rocket Lab in a report on Thursday, June 11th. They issued a “neutral” rating and a $105.00 target price on the stock. Wells Fargo & Company initiated coverage on shares of Rocket Lab in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $60.00 price target on the stock. Citizens Jmp boosted their price target on shares of Rocket Lab from $95.00 to $130.00 and gave the company a “market outperform” rating in a report on Tuesday, June 30th. Finally, Craig Hallum upped their price objective on shares of Rocket Lab from $98.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $110.18.

Rocket Lab Stock Performance

Shares of RKLB opened at $63.91 on Friday. The firm has a market cap of $36.99 billion, a P/E ratio of -199.72 and a beta of 2.54. Rocket Lab Corporation has a twelve month low of $37.57 and a twelve month 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. The firm’s 50 day moving average price is $102.42 and its two-hundred day moving average price is $87.03.

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

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.