50,488 Shares in Rubrik, Inc. $RBRK Acquired by Washington University

Washington University acquired a new position in shares of Rubrik, Inc. (NYSE:RBRK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 50,488 shares of the company’s stock, valued at approximately $3,861,000. Rubrik accounts for 2.0% of Washington University’s holdings, making the stock its 4th largest holding.

A number of other institutional investors also recently modified their holdings of RBRK. NewEdge Advisors LLC increased its position in Rubrik by 12.0% during the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after acquiring an additional 150 shares during the period. CI Investments Inc. grew its position in shares of Rubrik by 31.7% during the 3rd quarter. CI Investments Inc. now owns 859 shares of the company’s stock worth $71,000 after purchasing an additional 207 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of Rubrik by 24.3% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock worth $94,000 after purchasing an additional 224 shares in the last quarter. Creative Planning increased its holdings in shares of Rubrik by 5.3% during the second quarter. Creative Planning now owns 4,668 shares of the company’s stock worth $418,000 after purchasing an additional 236 shares during the period. Finally, Advisors Asset Management Inc. increased its holdings in shares of Rubrik by 68.5% during the second quarter. Advisors Asset Management Inc. now owns 588 shares of the company’s stock worth $53,000 after purchasing an additional 239 shares during the period. Institutional investors own 49.54% of the company’s stock.

Insider Activity at Rubrik

In related news, CTO Arvind Nithrakashyap sold 4,648 shares of Rubrik stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $70.40, for a total transaction of $327,219.20. Following the sale, the chief technology officer directly owned 337,010 shares of the company’s stock, valued at approximately $23,725,504. The trade was a 1.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Kiran Kumar Choudary sold 122,613 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $48.20, for a total transaction of $5,909,946.60. Following the transaction, the chief financial officer owned 564,901 shares of the company’s stock, valued at approximately $27,228,228.20. This represents a 17.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 222,306 shares of company stock valued at $12,189,518. 32.38% of the stock is currently owned by company insiders.

Rubrik Stock Performance

Rubrik stock opened at $48.61 on Thursday. Rubrik, Inc. has a 52 week low of $44.75 and a 52 week high of $103.00. The stock has a market capitalization of $9.83 billion, a P/E ratio of -27.46 and a beta of 0.63. The stock has a fifty day moving average of $53.70 and a 200-day moving average of $68.25.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million during the quarter, compared to analyst estimates of $342.43 million. The business’s quarterly revenue was up 46.3% compared to the same quarter last year. During the same period last year, the business earned ($0.18) earnings per share. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. On average, research analysts forecast that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Truist Financial cut their price target on Rubrik from $110.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. The Goldman Sachs Group dropped their price objective on Rubrik from $120.00 to $80.00 and set a “buy” rating for the company in a report on Monday, February 9th. BMO Capital Markets reduced their target price on Rubrik from $105.00 to $70.00 and set an “outperform” rating on the stock in a report on Friday, March 13th. Cantor Fitzgerald decreased their price target on Rubrik from $105.00 to $85.00 and set an “overweight” rating on the stock in a research report on Monday, March 9th. Finally, William Blair raised shares of Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $89.10.

Rubrik Profile

Rubrik, Inc is a cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance and intelligent data governance. Its flagship offering, the Rubrik Security Cloud, enables organizations to automate backup and recovery workflows across on-premises, edge and multi-cloud environments. By combining policy-driven orchestration with real-time threat detection, Rubrik helps clients guard against ransomware, ensure business continuity and enforce data retention requirements.

The company’s platform supports a range of services including backup and restore, long-term data archiving, replication, and disaster recovery as a service (DRaaS).