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Rocket Lab Corp (NASDAQ:RKLB) SVP, General Counsel & Arjun Kampani, sold 28,615 shares of common stock on November 24, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, totaling $1.16 million, occurred in multiple transactions at prices ranging from $40.0247 to $41.3495.
The filing indicates that the sales were executed to cover tax withholding obligations related to the vesting and settlement of restricted stock units previously granted to Kampani. InvestingPro analysis shows that RKLB’s stock price movements are quite volatile, with a beta of 2.17, which is typical for high-growth aerospace companies experiencing 52.42% revenue growth.
Following the transactions, Kampani directly owns 461,014 shares of Rocket Lab Corp. common stock. With a current market capitalization of $22.79 billion and several more valuable insights available through InvestingPro’s comprehensive Research Report, investors can gain deeper understanding of RKLB’s financial health and growth prospects.
In other recent news, Rocket Lab USA has achieved significant milestones and received positive analyst feedback. The company completed its 18th successful Electron launch of 2025, setting a new annual record with a 100% mission success rate. This achievement includes a recent mission named "Follow My Speed," which took place from Launch Complex 1 in New Zealand. Rocket Lab also announced its first dedicated mission for the Japan Aerospace Exploration Agency (JAXA), scheduled for December, which will deploy the RAISE-4 spacecraft.
In addition to these operational highlights, Rocket Lab has garnered attention from analysts. Needham reiterated its Buy rating with a price target of $63, citing the company’s revenue growth and margin expansion. Cantor Fitzgerald raised its price target to $72, maintaining an Overweight rating due to Rocket Lab’s strong backlog and third-quarter performance. The company completed four successful launches in the third quarter and aims to exceed 20 launches by the end of the year. These developments underscore Rocket Lab’s ongoing progress and strategic advancements in the space launch sector.
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