On November 26, 2024, Merline Saintil, a Director at Rocket Lab USA Inc (RKLB, Financial), sold 50,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 432,275 shares of the company.
Rocket Lab USA Inc (RKLB) is a provider of small satellite launch services. The company designs and manufactures the Electron rocket, which is used to deploy small satellites into orbit. Rocket Lab USA Inc also offers a range of satellite services, including satellite design, manufacturing, and launch services.
Over the past year, Merline Saintil has sold a total of 50,000 shares and has not purchased any shares. The insider transaction history for Rocket Lab USA Inc shows that there have been 0 insider buys and 15 insider sells over the same timeframe.
On the day of the recent sale, shares of Rocket Lab USA Inc were trading at $25.55 each, giving the stock a market cap of $12.832 billion. With a price of $25.55 and a GF Value of $9.28, Rocket Lab USA Inc has a price-to-GF-Value ratio of 2.75, indicating that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, 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.
