<div id="readability-page-1"><p>Thompson Davis &amp; CO. Inc. acquired a new stake in  Rocket Lab Corporation (NASDAQ:RKLB - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 8,700 shares of the rocket manufacturer's stock, valued at approximately $311,000.</p><ul><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li></ul><p>A number of other hedge funds and other institutional investors also recently bought and sold shares of RKLB. Truist Financial Corp grew its position in  Rocket Lab by 1.9% in the 2nd quarter. Truist Financial Corp now owns 12,352 shares of the rocket manufacturer's stock valued at $442,000 after acquiring an additional 234 shares in the last quarter.  Parvin Asset Management LLC boosted its stake in shares of  Rocket Lab by 7.2% in the second quarter. Parvin Asset Management LLC now owns 3,725 shares of the rocket manufacturer's stock valued at $133,000 after purchasing an additional 250 shares during the period.  GAMMA Investing LLC boosted its stake in shares of  Rocket Lab by 36.4% in the second quarter. GAMMA Investing LLC now owns 1,518 shares of the rocket manufacturer's stock valued at $54,000 after purchasing an additional 405 shares during the period.  EverSource Wealth Advisors LLC grew its holdings in shares of  Rocket Lab by 109.5% in the second quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer's stock valued at $28,000 after purchasing an additional 416 shares in the last quarter.  Finally, CWM LLC grew its holdings in shares of  Rocket Lab by 7.0% in the second quarter. CWM LLC now owns 8,491 shares of the rocket manufacturer's stock valued at $304,000 after purchasing an additional 556 shares in the last quarter. 71.78% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Insider Activity</h2><p>In related news, SVP Arjun Kampani sold 10,554 shares of the company's stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $42.08, for a total value of $444,112.32. Following the completion of the transaction, the senior vice president directly owned 450,460 shares of the company's stock, valued at $18,955,356.80. This represents a 2.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Peter Beck sold 18,857 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $40.65, for a total transaction of $766,537.05. Following the completion of the transaction, the chief executive officer directly owned 902,942 shares in the company, valued at $36,704,592.30. This trade represents a 2.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 5,583,532 shares of company stock valued at $274,781,358 over the last 90 days. Insiders own  11.90% of the company's stock. </p><h2>Rocket Lab Price Performance</h2><ul><li>MarketBeat Week in Review – 11/24 - 11/28</li></ul><p>Rocket Lab stock opened at $61.49 on Friday. The company has a current ratio of 3.18, a quick ratio of 2.83 and a debt-to-equity ratio of 0.32. The company has a fifty day simple moving average of $54.92 and a 200-day simple moving average of $46.08. The stock has a market cap of $32.85 billion, a P/E ratio of -161.82 and a beta of 2.20. Rocket Lab Corporation has a 12-month low of $14.71 and a 12-month high of $73.97. </p><p>Rocket Lab (NASDAQ:RKLB - Get Free Report) last posted its quarterly earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.02. The company had revenue of $155.08 million for the quarter, compared to analysts' expectations of $152.45 million. Rocket Lab had a negative return on equity of 27.26% and a negative net margin of 35.64%.Rocket Lab's quarterly revenue was up 48.0% on a year-over-year basis. During the same period last year, the firm earned ($0.10) earnings per share.  Equities analysts expect that  Rocket Lab Corporation will post -0.38 EPS for the current fiscal year. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Rocket Lab Just Had Its First Real Crash—The Rebound Could Be Bigger</li></ul><p>A number of equities research analysts have issued reports on the stock. Wall Street Zen lowered shares of Rocket Lab from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Saturday. Stifel Nicolaus  reaffirmed a &#34;buy&#34; rating and set a $75.00 price objective (up previously from $65.00) on shares of Rocket Lab in a research report on Tuesday, November 11th. KeyCorp increased their price objective on Rocket Lab from $50.00 to $75.00 and gave the company an &#34;overweight&#34; rating in a research note on Friday, October 17th. Citigroup  reissued a &#34;market perform&#34; rating on shares of Rocket Lab in a research note on Wednesday, November 12th. Finally, Needham &amp; Company LLC  restated a &#34;buy&#34; rating and set a $63.00 price target on shares of Rocket Lab in a report on Tuesday, November 25th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one  has assigned  a Sell rating to the company's stock. Based on data from MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $58.17.</p><p><b>View Our Latest Stock Report on RKLB</b></p><h2>Rocket Lab Company Profile</h2> (Free Report)<p>Rocket Lab USA, Inc, a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Rocket Lab</li><li>What is the Nikkei 225 index?    </li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>How to Effectively Use the MarketBeat Ratings Screener</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UktMQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UktMQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Rocket Lab Right Now?</h2><p>Before you consider Rocket Lab, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rocket Lab wasn't on the list.</p><p>While Rocket Lab currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

RKLB

<p>Thompson Davis & CO. Inc. acquired 8,700 shares of Rocket Lab Corporation, valued at $311,000, during the 2nd quarter. Other institutional investors also increased their stakes. Insiders sold significant shares recently. Rocket Lab's stock opened at $61.49, with a market cap of $32.85 billion. Analysts have mixed ratings, with some downgrading and others upgrading the stock's price target.</p>

Thompson Davis & CO. Inc. Takes Position in Rocket Lab Corporation $RKLB