RKLB
RKLB Stock Suffers Worst Selloff In 2 Years President, COO, Other Insiders Cashed Out $18M After Record Highs
Article Summary
HOLD- Rocket Lab USA Inc. (NASDAQ: RKLB) suffered its worst selloff in over two years on Monday after four company insiders collectively cashed out $18 million worth of stock following a record rally that made Rocket Lab one of the best-performing space stocks in May.
- President Marvin Bradford Clevenger sold 3,500 shares at an average price of $146.67 generating $513,000 in proceeds, retaining 473,975 shares, while COO Frank Klein sold 36,860 shares through a Rule 10b5-1 trading plan adopted in September 2025 generating about $5.4 million in proceeds.
- Director Alexander Slusky sold 60,000 shares through family partnership Abalone Cove at average prices of $149.10 and $150 generating nearly $9 million after the transaction, while general counsel Arjun Kampani sold 23,804 shares generating $3.5 million, leaving Kampani with 352,705 shares.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 45.8% | 25% | 95.0 ptsOutstanding (45.8%) - Very strong |
| EPS Growth Next 5Y ? | 0.0% | 25% | 10.0 ptsVery Weak (0.0%) - Minimal expectations |
| Target Price Upside ? | 14.2% above | 20% | 0.0 ptsAbove Target (14.2% above) - Target: $105.00 vs Current: $122.39 |
| Gross Margin % ? | 33.8% | 15% | 40.0 ptsModerate (33.8%) - Adequate margins |
| Drawdown from 52-Wk High ? | -19.0% | 15% | 40.0 ptsMild Pullback (-19.0%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About RKLB
- Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally.
- The company operates through launch services and space systems segments.
- The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, optical systems, and other spacecraft and on-orbit management solutions and constellation management services, as well as designs and manufactures small and medium-class rockets and develops flight and ground software.
- It also designs, manufactures, and sells Electron, an orbital small launch vehicle for small spacecraft launch services, as well as develops Neutron launch vehicles for large constellation deployments, interplanetary missions, and potentially for human spaceflight.
- In addition, the company designs and manufactures a range of components and subsystems for its launch vehicles and spacecraft.
- It serves commercial, aerospace prime contractors, and government customers.
- Rocket Lab Corporation was formerly known as Rocket Lab USA, Inc. and changed its name to Rocket Lab Corporation in August 2021.
- The company was founded in 2006 and is headquartered in Long Beach, California.