On January 20, 2026, Jon A. Olson, serving on the board of Rocket Lab Corporation (NASDAQ: RKLB), sold 14,505 shares of common stock in accordance with a prearranged Rule 10b5-1 trading plan, as disclosed through a Form 4 filing submitted to the Securities and Exchange Commission. The total value of these transactions reached approximately $1.38 million.
This stock divestment by Olson took place while Rocket Lab's shares have experienced significant appreciation, delivering a remarkable 197% return over the trailing twelve months. The stock closed recently at $87.98 per share, maintaining a position near its 52-week high of $99.58.
The shares changed hands through multiple sales at prices ranging from $89.0235 to $97.92. Following these sales, Olson retains ownership of 345,630 shares in Rocket Lab, which represents a considerable stake in a company currently valued at close to $47 billion in market capitalization.
Analysis from InvestingPro indicates that Rocket Lab's stock appears overvalued relative to its assessed Fair Value, with analyst price targets ranging broadly from $55 to $120 per share. The stock has historically exhibited notable price volatility, reflecting the dynamic nature of the aerospace sector and the company's growth prospects.
On the operational front, Rocket Lab recently executed its first launch of 2026, successfully deploying two satellites on behalf of Open Cosmos. This mission marked the company's 80th Electron rocket flight and demonstrated enhanced capability to reach higher altitude trajectories, signifying progress in their technological execution.
Financial institutions have responded positively to Rocket Lab’s performance and outlook. Morgan Stanley upgraded its rating on RKLB shares to Overweight while increasing the price target to $105, citing the company’s strategic growth potential. Similarly, Baird analysts raised their price target to $100, buoyed by a record contract worth over $1 billion awarded under Rocket Lab’s PWSA program, which is anticipated to generate revenue through 2030.
Cantor Fitzgerald reaffirmed its Overweight rating, highlighting the achievement of completing 21 Electron launches during fiscal year 2025. This milestone positions Rocket Lab as the third-busiest launcher globally and the leading publicly traded entity within the launch services space.
Further underpinning the positive sentiment, Needham raised its price target for Rocket Lab to $90 following the company’s successful acquisition of an $805 million contract from the Space Development Agency, tasked with delivering 18 satellites. These contracts and mission successes underline Rocket Lab's advancing influence and growing footprint in space technology and satellite deployment sectors.
The reported insider stock sale by Olson occurs amidst this backdrop of strong operational performance and favorable analyst coverage, contextualizing the valuation discussions and market dynamics impacting the aerospace and satellite manufacturing industries.