Rocket surged to $21.01 per share this afternoon, but it remains 20.63% above its mean target price of $17.42. There may still be room for more downwards movement — even after today's 1.2% drop. Analysts are giving the Large-Cap Diversified Financial stock on average rating of hold, with target prices ranging from $12.0 to $25.0 per share.
Rocket has an elevated short interest of 46.6%. The stock's short ratio, or the number of days needed for all shorts to cover their positions, is 5.75. The company's insiders own 1.25% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. 94.4% of Rocket shares are held by institutional investors, which indicates a high level of confidence in the stock.
Institutions Invested in Rocket
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2025-06-30 | Vanguard Group Inc | 7% | 17,718,569 | $372,267,138 |
| 2025-06-30 | ValueAct Holdings, L.P. | 6% | 15,125,609 | $317,789,048 |
| 2025-06-30 | Boston Partners | 6% | 14,560,706 | $305,920,436 |
| 2025-06-30 | FMR, LLC | 5% | 13,606,480 | $285,872,147 |
| 2025-06-30 | Nuveen, LLC | 4% | 11,496,710 | $241,545,879 |
| 2025-06-30 | UBS Group AG | 4% | 9,771,755 | $205,304,574 |
| 2025-06-30 | JPMORGAN CHASE & CO | 3% | 8,568,101 | $180,015,803 |
| 2025-06-30 | Blackrock Inc. | 3% | 6,835,740 | $143,618,898 |
| 2025-06-30 | Wellington Management Group, LLP | 2% | 4,824,180 | $101,356,022 |
| 2025-06-30 | Third Point, LLC | 2% | 4,750,000 | $99,797,501 |
For these reasons, we consider that the Rocket is the subject of mixed market sentiment.
