Insider Selling: Rocket Lab (NASDAQ:RKLB) Director Sells 5,000 Shares of Stock

by · The Markets Daily

Rocket Lab Corporation (NASDAQ:RKLB – Get Free Report) Director Merline Saintil sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $65.00, for a total value of $325,000.00. Following the completion of the transaction, the director owned 388,529 shares of the company’s stock, valued at $25,254,385. The trade was a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Merline Saintil also recently made the following trade(s):

  • On Wednesday, December 17th, Merline Saintil sold 5,000 shares of Rocket Lab stock. The shares were sold at an average price of $54.46, for a total transaction of $272,300.00.
  • On Friday, December 12th, Merline Saintil sold 15,000 shares of Rocket Lab stock. The shares were sold at an average price of $65.00, for a total value of $975,000.00.
  • On Thursday, December 4th, Merline Saintil sold 10,000 shares of Rocket Lab stock. The shares were sold at an average price of $48.00, for a total transaction of $480,000.00.

Rocket Lab Price Performance

Shares of NASDAQ:RKLB traded up $7.03 on Monday, reaching $77.55. The company’s stock had a trading volume of 46,798,095 shares, compared to its average volume of 21,054,768. The company has a market cap of $41.42 billion, a P/E ratio of -204.08 and a beta of 2.20. Rocket Lab Corporation has a 52-week low of $14.71 and a 52-week high of $78.45. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.83 and a current ratio of 3.18. The company has a 50-day simple moving average of $54.75 and a 200 day simple moving average of $47.69.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last issued its quarterly earnings data on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. The business had revenue of $155.08 million for the quarter, compared to the consensus estimate of $152.45 million. Rocket Lab had a negative return on equity of 27.26% and a negative net margin of 35.64%.The company’s quarterly revenue was up 48.0% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.10) earnings per share. As a group, equities research analysts anticipate that Rocket Lab Corporation will post -0.38 EPS for the current fiscal year.

Rocket Lab News Roundup

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

  • Positive Sentiment: Rocket Lab won a large U.S. space/defense award (~$816 million) to build missile‑defense / tracking satellites, materially boosting its backlog and defense revenue outlook. Blockonomi: $816M Contract
  • Positive Sentiment: Rocket Lab completed its 21st Electron launch of 2025 with 100% mission success, setting an annual launch record and reinforcing Electron’s reliability — a key commercial selling point for repeat customers and constellation deployments. GlobeNewswire: 21st Launch
  • Positive Sentiment: Analysts have been revising targets and reiterating buy/overweight views after the contract and launch news (Stifel and others cited), lifting investor confidence and supporting higher valuations. The Motley Fool: Analyst Upgrades
  • Neutral Sentiment: Broader sector optimism — including increased government focus on space and momentum across other space stocks — is amplifying gains for RKLB as investors rotate into the theme ahead of 2026 catalysts (Neutron progress, further contract awards). CNBC: Space Sector Rally
  • Negative Sentiment: Insider selling has been heavy (notably CEO Peter Beck), which can concern some investors; however many of the sales were executed under pre‑planned 10b5‑1 programs, which reduces the immediate bearish signal. MarketBeat: Insider Selling

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Morgan Stanley cut their price objective on shares of Rocket Lab from $68.00 to $67.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 12th. Bank of America raised their price objective on shares of Rocket Lab from $50.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, November 19th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Rocket Lab in a research note on Wednesday, December 3rd. Roth Capital reissued a “buy” rating and set a $75.00 price target on shares of Rocket Lab in a research note on Tuesday, November 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $63.00 price objective on shares of Rocket Lab in a research report on Tuesday, November 25th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $59.00.

Get Our Latest Report on RKLB

Hedge Funds Weigh In On Rocket Lab

Large investors have recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Rocket Lab during the 2nd quarter valued at about $192,918,000. Sender Co & Partners Inc. purchased a new position in Rocket Lab during the first quarter worth approximately $621,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in Rocket Lab by 44.7% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 992,777 shares of the rocket manufacturer’s stock worth $35,512,000 after purchasing an additional 306,713 shares in the last quarter. McGuire Investment Group LLC grew its holdings in Rocket Lab by 91.3% in the second quarter. McGuire Investment Group LLC now owns 196,107 shares of the rocket manufacturer’s stock valued at $7,015,000 after purchasing an additional 93,613 shares during the period. Finally, Royal Bank of Canada increased its position in shares of Rocket Lab by 6.4% in the first quarter. Royal Bank of Canada now owns 2,128,536 shares of the rocket manufacturer’s stock valued at $38,057,000 after buying an additional 128,907 shares in the last quarter. 71.78% of the stock is currently owned by institutional investors.

About Rocket Lab

(Get Free Report)

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.

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