Lido Advisors LLC Sells 69,148 Shares of Rocket Lab Corporation $RKLB

Lido Advisors LLC cut its holdings in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 41.7% during the 1st quarter, Holdings Channel reports. The firm owned 96,817 shares of the rocket manufacturer’s stock after selling 69,148 shares during the period. Lido Advisors LLC’s holdings in Rocket Lab were worth $6,218,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RKLB. Mcguire Capital Advisors Inc. bought a new stake in shares of Rocket Lab in the fourth quarter valued at approximately $27,000. Zions Bancorporation National Association UT acquired a new position in Rocket Lab in the 4th quarter valued at $28,000. EverSource Wealth Advisors LLC raised its holdings in Rocket Lab by 109.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock valued at $28,000 after acquiring an additional 416 shares in the last quarter. Gordian Capital Singapore Pte Ltd bought a new stake in shares of Rocket Lab during the 4th quarter valued at $29,000. Finally, Reflection Asset Management acquired a new stake in shares of Rocket Lab during the 4th quarter worth $30,000. 71.78% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Frank Klein sold 36,860 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $147.42, for a total value of $5,433,901.20. Following the sale, the insider directly owned 1,006,987 shares in the company, valued at $148,450,023.54. This represents a 3.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Alexander R. Slusky sold 40,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $123.60, for a total transaction of $4,944,000.00. Following the sale, the director directly owned 334,675 shares of the company’s stock, valued at $41,365,830. This represents a 10.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,849,294 shares of company stock valued at $362,816,208 over the last three months. Insiders own 8.40% of the company’s stock.

Key Stories Impacting 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?

Analyst Upgrades and Downgrades

A number of research firms recently commented on RKLB. Citizens Jmp boosted their price target on Rocket Lab from $95.00 to $130.00 and gave the company a “market outperform” rating in a research note on Tuesday, June 30th. Wells Fargo & Company initiated coverage on shares of Rocket Lab in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $60.00 price objective on the stock. BTIG Research restated a “hold” rating on shares of Rocket Lab in a research report on Tuesday, May 12th. TD Cowen boosted their target price on shares of Rocket Lab from $90.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, Bank of America upped their price target on shares of Rocket Lab from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to 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 Down 8.7%

Shares of RKLB opened at $63.91 on Friday. The stock’s 50-day moving average price is $102.42 and its two-hundred day moving average price is $87.03. Rocket Lab Corporation has a 12 month low of $37.57 and a 12 month high of $151.00. The company has a market capitalization of $36.99 billion, a PE ratio of -199.72 and a beta of 2.54. The company has a current ratio of 4.47, a quick ratio of 4.02 and a debt-to-equity ratio of 0.02.

Rocket Lab (NASDAQ:RKLB) last issued its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, meeting the consensus estimate of ($0.07). Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The company had revenue of $200.35 million during 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 business’s quarterly revenue was up 63.4% on a year-over-year basis. On average, analysts anticipate that Rocket Lab Corporation will post -0.26 EPS for the current 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.