On November 19, 2024, Jon Olson, Director at Rocket Lab USA Inc (RKLB, Financial), sold 50,000 shares of the company. Following this transaction, the insider now owns 432,275 shares of Rocket Lab USA Inc. The details of this transaction can be found in the SEC Filing.
Rocket Lab USA Inc is a company that provides end-to-end mission services, including satellite design, manufacturing, launch, and on-orbit management. The company is known for its Electron rocket, which is designed to launch small satellites into orbit.
The insider transaction history for Rocket Lab USA Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 11 insider sells over the same timeframe. Over the past year, Jon Olson has sold 50,000 shares in total and purchased 0 shares in total.
On the day of Jon Olson’s recent sell, shares of Rocket Lab USA Inc were trading for $20.69 apiece. This gives the stock a market cap of $11.203 billion. With a price of $20.69 and a GuruFocus Value of $9.14, Rocket Lab USA Inc has a price-to-GF-Value ratio of 2.26. This indicates that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
