<div id="readability-page-1"><p>B. Riley Wealth Advisors Inc. purchased a new stake in  Rocket Lab Corporation (NASDAQ:RKLB - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor  purchased 16,455 shares of the rocket manufacturer's stock, valued at approximately $589,000.</p><ul><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li></ul><p>Other institutional investors have also recently modified their holdings of the company. Truist Financial Corp lifted its stake in shares of  Rocket Lab by 1.9% during the 2nd quarter. Truist Financial Corp now owns 12,352 shares of the rocket manufacturer's stock worth $442,000 after purchasing an additional 234 shares during the period.  Parvin Asset Management LLC grew its stake in  Rocket Lab by 7.2% during the second quarter. Parvin Asset Management LLC now owns 3,725 shares of the rocket manufacturer's stock worth $133,000 after buying an additional 250 shares during the period.  GAMMA Investing LLC grew its stake in  Rocket Lab by 36.4% during the second quarter. GAMMA Investing LLC now owns 1,518 shares of the rocket manufacturer's stock worth $54,000 after buying an additional 405 shares during the period.  EverSource Wealth Advisors LLC increased its position 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 worth $28,000 after acquiring an additional 416 shares in the last quarter.  Finally, CWM LLC raised its stake in shares of  Rocket Lab by 7.0% in the 2nd quarter. CWM LLC now owns 8,491 shares of the rocket manufacturer's stock valued at $304,000 after acquiring an additional 556 shares during the period. 71.78% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Rocket Lab Stock Performance</h2><p>Rocket Lab stock opened at $55.49 on Wednesday. The stock has a market cap of $29.64 billion, a P/E ratio of -146.03 and a beta of 2.20. The stock has a 50 day moving average of $54.74 and a 200-day moving average of $46.60. The company has a current ratio of 3.18, a quick ratio of 2.83 and a debt-to-equity ratio of 0.32. Rocket Lab Corporation has a 52 week low of $14.71 and a 52 week high of $73.97. </p><ul><li>MarketBeat Week in Review – 11/24 - 11/28</li></ul><p>Rocket Lab (NASDAQ:RKLB - Get Free Report) last announced its quarterly earnings data on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. The company had revenue of $155.08 million during the quarter, compared to analyst estimates of $152.45 million. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The firm's revenue for the quarter was up 48.0% compared to the same quarter last year. During the same period last year, the business earned ($0.10) EPS.  On average, analysts expect that  Rocket Lab Corporation will post -0.38 EPS for the current fiscal year. </p><h2>Insider Buying and Selling</h2><p>In other Rocket Lab news, Director Merline Saintil sold 15,000 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $65.00, for a total transaction of $975,000.00. Following the sale, the director directly owned 398,529 shares of the company's stock, valued at approximately $25,904,385. This represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, SVP Arjun Kampani sold 28,615 shares of Rocket Lab stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $40.65, for a total transaction of $1,163,199.75. Following the completion of the transaction, the senior vice president directly owned 461,014 shares of the company's stock, valued at $18,740,219.10. This trade represents a 5.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,566,759 shares of company stock worth $191,361,452. 11.90% of the stock is currently owned by insiders. </p><h2>Analyst Ratings Changes</h2><ul><li>Rocket Lab Just Had Its First Real Crash—The Rebound Could Be Bigger</li></ul><p>RKLB has been the subject of several recent research reports. Robert W. Baird started coverage on Rocket Lab in a report on Wednesday, October 15th. They issued an &#34;outperform&#34; rating and a $83.00 price target for the company. Baird R W upgraded Rocket Lab to a &#34;strong-buy&#34; rating in a research note on Thursday, October 16th. Morgan Stanley reduced their price target on Rocket Lab from $68.00 to $67.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Wednesday, November 12th. Bank of America lifted their price objective on shares of Rocket Lab from $50.00 to $60.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, November 19th. Finally, Weiss Ratings  reissued a &#34;sell (d-)&#34; rating on shares of Rocket Lab in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued  a Buy rating, five have assigned  a Hold rating and one  has assigned  a Sell rating to the company. According to MarketBeat.com, Rocket Lab  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $58.17.</p><p><b>Check Out Our Latest Report on RKLB</b></p><h2>Rocket Lab 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>3 Stocks to Consider Buying in October</li><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li><li>How to Invest in Insurance Companies: A Guide </li><li>RTX Surges to Record Highs as Defense Orders Explode</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>Smart Money Is Buying Auto Suppliers, Not Car Brands</li></ul><p><strong>Want to see what other hedge funds are holding RKLB?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rocket Lab Corporation (NASDAQ:RKLB - Free Report).</p><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>B. Riley Wealth Advisors Inc. purchased 16,455 shares of Rocket Lab Corporation (NASDAQ:RKLB) during the 2nd quarter, valued at approximately $589,000. Other institutional investors also modified their holdings. Rocket Lab's stock opened at $55.49 with a market cap of $29.64 billion. The company reported a quarterly revenue of $155.08 million and a net margin of -35.64%. Insiders sold 3,566,759 shares worth $191,361,452 last quarter. Analysts have given positive ratings for Rocket Lab.</p>

16,455 Shares in Rocket Lab Corporation $RKLB Purchased by B. Riley Wealth Advisors Inc.