Rocket Lab Corp (NASDAQ: RKLB) is 5.18% higher on its value in year-to-date trading and has touched a low of $4.17 and a high of $33.34 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RKLB stock was last observed hovering at around $27.35 in the last trading session, with the day’s loss setting it -0.56%.
Currently trading at $26.79, the stock is 8.95% and 23.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.65 million and changing -2.05% at the moment leaves the stock 43.82% off its SMA200. RKLB registered 510.25% gain for a year compared to 6-month loss of 11.35%. The firm has a 50-day simple moving average (SMA 50) of $21.6307 and a 200-day simple moving average (SMA200) of $18.626925.
The stock witnessed a 22.95% gain in the last 1 month and extending the period to 3 months gives it a 30.75%, and is 3.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.78% over the week and 5.17% over the month.
Rocket Lab Corp (RKLB) has around 2100 employees, a market worth around $12.36B and $466.02M in sales. Profit margin for the company is -44.32%. Distance from 52-week low is 542.22% and -19.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.94%).
The EPS is expected to grow by 17.69% this year.
Rocket Lab Corp (RKLB) Top Institutional Holders
533.0 institutions hold shares in Rocket Lab Corp (RKLB), with institutional investors hold 54.29% of the company’s shares. The shares outstanding are 460.54M, and float is at 377.52M with Short Float at 16.86%. Institutions hold 53.88% of the Float.
The top institutional shareholder in the company is VK SERVICES, LLC with over 52.03 million shares valued at $249.73 million. The investor’s holdings represent 10.5278% of the RKLB Shares outstanding. As of 2024-06-30, the second largest holder is DEER MANAGEMENT CO. LLC with 40.74 million shares valued at $195.55 million to account for 8.2435 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 31.24 million shares representing 6.3216% and valued at over $149.96 million, while BLACKROCK INC. holds 5.5005 of the shares totaling 27.18 million with a market value of $130.48 million.
Rocket Lab Corp (RKLB) Insider Activity
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Still, SEC filings show that on May 30 ’25, Kampani Arjun (Officer) Proposed Sale 21,371 shares at an average price of $26.66 for $0.57 million. The insider now directly holds shares of Rocket Lab Corp (RKLB).
