Rubrik, Inc. $RBRK Shares Sold by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC trimmed its position in shares of Rubrik, Inc. (NYSE:RBRK) by 10.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 229,642 shares of the company’s stock after selling 27,982 shares during the period. Stephens Investment Management Group LLC owned approximately 0.12% of Rubrik worth $20,574,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. FNY Investment Advisers LLC raised its stake in shares of Rubrik by 62,318.2% in the second quarter. FNY Investment Advisers LLC now owns 6,866 shares of the company’s stock valued at $615,000 after acquiring an additional 6,855 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in shares of Rubrik in the second quarter valued at $5,036,000. Novare Capital Management LLC acquired a new stake in shares of Rubrik in the second quarter valued at $404,000. Aspiriant LLC acquired a new stake in shares of Rubrik in the second quarter valued at $411,000. Finally, Praxis Investment Management Inc. acquired a new stake in shares of Rubrik in the second quarter valued at $323,000. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Rubrik news, CRO Brian K. Mccarthy sold 12,500 shares of Rubrik stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $87.29, for a total value of $1,091,125.00. Following the sale, the executive owned 418,552 shares of the company’s stock, valued at approximately $36,535,404.08. The trade was a 2.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kiran Kumar Choudary sold 6,599 shares of Rubrik stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $74.21, for a total value of $489,711.79. Following the completion of the sale, the chief financial officer directly owned 516,184 shares in the company, valued at $38,306,014.64. This represents a 1.26% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 134,466 shares of company stock worth $10,898,894. Corporate insiders own 32.38% of the company’s stock.

Rubrik Stock Down 3.6%

NYSE RBRK opened at $77.00 on Thursday. Rubrik, Inc. has a 52-week low of $37.38 and a 52-week high of $103.00. The business’s 50-day moving average price is $83.26 and its 200 day moving average price is $82.76. The firm has a market cap of $15.20 billion, a P/E ratio of -32.91 and a beta of 0.24.

Rubrik (NYSE:RBRK) last released its quarterly earnings results on Tuesday, September 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.31. The company had revenue of $309.86 million for the quarter, compared to analysts’ expectations of $282.25 million. During the same period in the prior year, the business earned ($0.40) EPS. The business’s quarterly revenue was up 44.9% compared to the same quarter last year. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. As a group, analysts anticipate that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on RBRK. Wall Street Zen cut Rubrik from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. KeyCorp raised their price target on Rubrik from $113.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Barclays raised their price target on Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. CIBC raised their price target on Rubrik from $125.00 to $130.00 and gave the company an “outperformer” rating in a research note on Thursday, September 11th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $115.00 price target on shares of Rubrik in a research note on Wednesday, September 10th. Sixteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Rubrik presently has an average rating of “Moderate Buy” and a consensus target price of $108.67.

Rubrik Profile

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.