Allianz Asset Management GmbH Acquires 11,448 Shares of Rubrik, Inc. $RBRK

Allianz Asset Management GmbH raised its stake in Rubrik, Inc. (NYSE:RBRK) by 17.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 77,900 shares of the company’s stock after buying an additional 11,448 shares during the quarter. Allianz Asset Management GmbH’s holdings in Rubrik were worth $6,407,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RBRK. Vanguard Group Inc. raised its position in Rubrik by 73.1% in the 2nd quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock valued at $1,077,106,000 after buying an additional 5,077,513 shares during the last quarter. First Trust Advisors LP grew its stake in Rubrik by 44.8% in the second quarter. First Trust Advisors LP now owns 4,462,705 shares of the company’s stock valued at $399,814,000 after purchasing an additional 1,380,941 shares in the last quarter. Voya Investment Management LLC increased its position in shares of Rubrik by 18.0% during the 3rd quarter. Voya Investment Management LLC now owns 3,569,026 shares of the company’s stock worth $293,552,000 after purchasing an additional 543,855 shares during the last quarter. Norges Bank bought a new stake in shares of Rubrik during the 2nd quarter worth approximately $219,132,000. Finally, Federated Hermes Inc. boosted its holdings in shares of Rubrik by 101.8% in the 3rd quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock valued at $200,506,000 after buying an additional 1,229,476 shares during the last quarter. 49.54% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Brian K. Mccarthy sold 10,000 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $90.83, for a total value of $908,300.00. Following the transaction, the insider directly owned 339,319 shares of the company’s stock, valued at $30,820,344.77. The trade was a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Arvind Nithrakashyap sold 31,450 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $76.19, for a total value of $2,396,175.50. Following the transaction, the chief technology officer owned 342,703 shares in the company, valued at $26,110,541.57. The trade was a 8.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 240,387 shares of company stock valued at $18,436,515 over the last quarter. Company insiders own 32.38% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on RBRK. Mizuho upgraded shares of Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price objective on the stock in a research note on Monday, November 17th. KeyCorp lowered their target price on Rubrik from $113.00 to $95.00 and set an “overweight” rating on the stock in a research note on Monday, January 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rubrik in a report on Monday, December 29th. Berenberg Bank assumed coverage on shares of Rubrik in a research report on Tuesday, November 18th. They set a “buy” rating and a $114.00 price target on the stock. Finally, UBS Group restated a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Twenty-two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $110.39.

Rubrik Stock Performance

Shares of NYSE RBRK opened at $54.09 on Tuesday. The firm has a 50 day moving average price of $71.24 and a two-hundred day moving average price of $77.39. The stock has a market cap of $10.83 billion, a P/E ratio of -27.74 and a beta of 0.33. Rubrik, Inc. has a 52-week low of $47.35 and a 52-week high of $103.00.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.26. The company had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. During the same period in the prior year, the business earned ($0.21) earnings per share. The firm’s revenue for the quarter was up 48.3% on a year-over-year basis. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Rubrik Company 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).