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Rocket Lab Corp NASDAQ:RKLB CEO Peter Beck sold a total of $766,569 worth of common stock on November 24, 2025, at prices ranging from $40.0247 to $41.3495. The stock currently trades at $42.6, having delivered an impressive 67% return over the past year according to InvestingPro data, though it appears significantly overvalued based on Fair Value estimates.
According to a Form 4 filing with the Securities and Exchange Commission, Beck disposed of 4,707 shares at a weighted average price of $40.0247, 14,073 shares at a weighted average price of $40.8576 and 77 shares at a weighted average price of $41.3495.
On November 15, 2025, Beck also acquired 132,426 shares of common stock with a value of $0, as part of a restricted stock units grant under the Rocket Lab Corporation 2021 Stock Option and Incentive Plan.
Following these transactions, Beck directly owns 902,942 shares of Rocket Lab Corp. He also indirectly owns 2,500,000 shares through a family trust.
In other recent news, Rocket Lab USA reported notable achievements and developments. The company has set an annual record with 18 successful Electron launches in 2025, maintaining a 100% mission success rate. Additionally, Rocket Lab announced its first dedicated mission for the Japan Aerospace Exploration Agency (JAXA) in December, aiming to deploy the RAISE-4 spacecraft from its New Zealand launch site. Needham reiterated a Buy rating for Rocket Lab, maintaining a price target of $63, citing the company’s progress in revenue growth and gross margin expansion. Cantor Fitzgerald also raised its price target for Rocket Lab to $72, maintaining an Overweight rating, following the company’s strong third-quarter performance and backlog. The company has completed four successful launches in the third quarter and aims to exceed 20 launches by the end of the year. Rocket Lab’s rapid launch turnaround capability was highlighted with the announcement of a new Electron mission scheduled just 48 hours after a prior successful launch. These developments reflect Rocket Lab’s ongoing momentum in the space launch industry.
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