Intellectus Partners LLC Sells 18,350 Shares of Rocket Lab Corporation $RKLB

Intellectus Partners LLC decreased its holdings in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 21.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 67,775 shares of the rocket manufacturer’s stock after selling 18,350 shares during the period. Intellectus Partners LLC’s holdings in Rocket Lab were worth $3,247,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Arizona State Retirement System increased its position in shares of Rocket Lab by 13.6% during the third quarter. Arizona State Retirement System now owns 127,794 shares of the rocket manufacturer’s stock worth $6,123,000 after acquiring an additional 15,307 shares in the last quarter. Cadent Capital Advisors LLC acquired a new stake in shares of Rocket Lab in the 3rd quarter worth about $668,000. Connor Clark & Lunn Investment Management Ltd. lifted its position in Rocket Lab by 44.7% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 992,777 shares of the rocket manufacturer’s stock valued at $35,512,000 after acquiring an additional 306,713 shares in the last quarter. Orion Porfolio Solutions LLC bought a new position in Rocket Lab in the 2nd quarter valued at about $1,009,000. Finally, Norges Bank acquired a new position in Rocket Lab during the 2nd quarter valued at about $164,751,000. 71.78% of the stock is owned by institutional investors.

Insider Transactions at Rocket Lab

In other news, CEO Peter Beck sold 1,560,254 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $57.47, for a total value of $89,667,797.38. Following the completion of the transaction, the chief executive officer directly owned 939,746 shares of the company’s stock, valued at $54,007,202.62. This represents a 62.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Frank Klein sold 100,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $72.95, for a total value of $7,295,000.00. Following the sale, the insider directly owned 1,169,487 shares of the company’s stock, valued at $85,314,076.65. The trade was a 7.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 4,344,302 shares of company stock worth $279,695,404. 11.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on RKLB shares. Needham & Company LLC decreased their price objective on Rocket Lab from $110.00 to $95.00 and set a “buy” rating for the company in a report on Friday, February 27th. The Goldman Sachs Group lifted their target price on Rocket Lab from $47.00 to $69.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Cantor Fitzgerald upped their price target on Rocket Lab from $72.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Morgan Stanley raised Rocket Lab from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $67.00 to $105.00 in a research report on Friday, January 16th. Finally, Stifel Nicolaus raised their price objective on Rocket Lab from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.92.

Key Headlines Impacting Rocket Lab

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

• Positive Sentiment: Operational cadence pickup — Rocket Lab completed two successful launches within days (its 83rd overall), demonstrating reliability and increasing near‑term revenue visibility from launch services. Read More.
• Positive Sentiment: Strong financials and backlog — Q4/FY2025 beat expectations, record ~$602M full‑year revenue, improving margins and a $1.85B backlog (includes an $816M SDA prime), which supports analyst upgrades and longer‑term revenue visibility. Read More.
• Neutral Sentiment: Analyst mix and ratings — some firms raised targets (e.g., Cantor Fitzgerald) while others stayed cautious or kept holds; consensus remains a Moderate Buy but opinions vary on Neutron timing and R&D spend. Read More.
• Negative Sentiment: Neutron delay and development risk — management pushed Neutron’s maiden flight to Q4 2026 after a Stage‑1 tank rupture in testing; higher near‑term R&D spending and timeline uncertainty weigh on margins and sentiment. Read More.
• Negative Sentiment: Insider sales — CEO, CFO and senior executives disclosed material share sales (March 2–4 filings). While company says sales are routine, multiple large insider transactions can pressure intraday liquidity and generate retail anxiety. Read More.

Rocket Lab Trading Up 0.2%

NASDAQ:RKLB opened at $70.11 on Friday. Rocket Lab Corporation has a 52 week low of $14.71 and a 52 week high of $99.58. The firm has a 50-day moving average price of $77.60 and a two-hundred day moving average price of $61.93. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.83 and a current ratio of 4.08. The firm has a market cap of $37.45 billion, a price-to-earnings ratio of -189.48 and a beta of 2.20.

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.