In a filing, Rocket Lab USA Inc revealed its Chief Operations Officer Klein Frank unloaded Company’s shares for reported $0.81 million on Mar 14 ’25. In the deal valued at $18.18 per share,44,553 shares were sold. As a result of this transaction, Klein Frank now holds 1,419,479 shares worth roughly $28.69 million.
Then, Klein Frank sold 1,835 shares, generating $36,572 in total proceeds. Upon selling the shares at $19.93, the Chief Operations Officer now owns 1,417,644 shares.
Before that, Spice Adam C. sold 62,843 shares. Rocket Lab USA Inc shares valued at $1,142,574 were divested by the Chief Financial Officer at a price of $18.18 per share. As a result of the transaction, Spice Adam C. now holds 1,196,679 shares, worth roughly $24.18 million.
JMP Securities initiated its Rocket Lab USA Inc [RKLB] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid July from “an Overweight” to “an Equal-weight”. BTIG Research began covering RKLB with “Neutral” recommendation on June 26, 2024. Goldman started covering the stock on June 11, 2024. It rated RKLB as “a Neutral”.
Price Performance Review of RKLB
On Monday, Rocket Lab USA Inc [NASDAQ:RKLB] saw its stock jump 6.71% to $20.21. Over the last five days, the stock has gained 5.81%. Rocket Lab USA Inc shares have fallen nearly -20.65% since the year began. Nevertheless, the stocks have risen 401.49% over the past one year. While a 52-week high of $33.34 was reached on 01/24/25, a 52-week low of $3.47 was recorded on 03/11/25. SMA at 50 days reached $24.11, while 200 days put it at $14.67.
Levels Of Support And Resistance For RKLB Stock
The 24-hour chart illustrates a support level at 19.60, which if violated will result in even more drops to 18.98. On the upside, there is a resistance level at 20.64. A further resistance level may holdings at 21.06. The Relative Strength Index (RSI) on the 14-day chart is 47.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.15%. Stochastics %K at 64.37% indicates the stock is a holding.
How much short interest is there in Rocket Lab USA Inc?
A steep rise in short interest was recorded in Rocket Lab USA Inc stocks on 2025-02-28, growing by 4.72 million shares to a total of 56.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 51.81 million shares. There was a rise of 8.36%, which implies that there is a positive sentiment for the stock.
