Insider Trading Activity at $RKLB: What You Need to Know

Nina Armagno, a director at $RKLB, sold 10,000 shares of the company on December 11, 2024, for approximately $236,345. This transaction represents around 7.0% of her total shares in this stock class. Following this sale, she now holds 132,294 shares of $RKLB.

Recent Insider Trading Patterns

In the past six months, insiders at $RKLB have been quite active, trading the stock a total of 15 times, with all being sales and no purchases recorded.

Here’s a summary of insider trades for $RKLB over the last six months:

• MATTHEW OCKO: 0 purchases, 4 sales totaling 5,366,193 shares for about $96,765,249.
• ALEXANDER R SLUSKY: 0 purchases, 2 sales of 100,000 shares for approximately $2,364,310.
• ADAM C. SPICE (Chief Financial Officer): 0 purchases, 2 sales of 125,023 shares for an estimated $1,944,449.
• MERLINE SAINTIL: Sold 50,000 shares, earning about $1,277,475.
• JON A OLSON: Sold 50,000 shares for an estimated $1,034,315.
• ARJUN KAMPANI (General Counsel): 0 purchases, 2 sales totaling 57,125 shares for about $888,445.
• FRANK KLEIN (Chief Operations Officer): Sold 35,968 shares, receiving about $868,468.
• MICHAEL D GRIFFIN: Sold 39,446 shares for around $272,177.
• NINA ARMAGNO: Sold 10,000 shares for around $236,345.

For more details on insider transactions, visit Quiver Quantitative’s dashboard.

Activity Among Hedge Funds

Recently, 195 institutional investors have either increased or decreased their holdings in $RKLB. Specifically, 195 investors added shares, while 108 scaled back their positions in the latest quarter.

Here are some significant changes made by institutional investors:

• VK SERVICES, LLC removed 14,203,656 shares (-27.3%) for an estimated $138,201,572 in Q3 2024.
• VECTOR CAPITAL MANAGEMENT, L.P. divested 9,622,769 shares (-100.0%) for approximately $93,629,542 in Q3 2024.
• STEPSTONE GROUP LP cut back by 6,270,317 shares (-76.4%) for an estimated $61,010,184 in Q3 2024.
• D. E. SHAW & CO., INC. increased holdings by 4,923,051 shares (+13221.9%) for about $47,901,286 in Q3 2024.
• VANGUARD GROUP INC added 4,286,662 shares (+13.7%) for approximately $41,709,221 in Q3 2024.
• DEER MANAGEMENT CO. LLC reduced its position by 4,071,241 shares (-10.0%) for an estimated $39,613,174 in Q3 2024.
• BLACKROCK, INC. increased its stake by 2,634,597 shares (+9.7%) for an estimated $25,634,628 in Q3 2024.

To monitor hedge funds’ stock portfolios, check Quiver Quantitative’s institutional holdings dashboard.

This article does not constitute financial advice. Please refer to Quiver Quantitative’s disclaimers for further information.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.