Elo Mutual Pension Insurance Co Takes Position in Rubrik, Inc. $RBRK

Elo Mutual Pension Insurance Co acquired a new position in Rubrik, Inc. (NYSE:RBRK) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,355 shares of the company’s stock, valued at approximately $1,196,000.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew 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 worth $1,077,106,000 after purchasing an additional 5,077,513 shares during the last quarter. Acadian Asset Management LLC lifted its stake in shares of Rubrik by 388.7% in the second quarter. Acadian Asset Management LLC now owns 1,555,252 shares of the company’s stock valued at $139,309,000 after buying an additional 1,237,014 shares during the period. Geode Capital Management LLC grew its position in Rubrik by 107.5% during the second quarter. Geode Capital Management LLC now owns 1,949,047 shares of the company’s stock worth $175,049,000 after buying an additional 1,009,610 shares in the last quarter. Pathway Capital Management LP bought a new position in Rubrik during the second quarter valued at about $57,624,000. Finally, BNP Paribas Financial Markets raised its holdings in Rubrik by 186.8% in the 1st quarter. BNP Paribas Financial Markets now owns 899,853 shares of the company’s stock valued at $54,873,000 after acquiring an additional 586,088 shares in the last quarter. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

RBRK has been the topic of several recent research reports. Barclays lifted their price objective on Rubrik from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Berenberg Bank started coverage on shares of Rubrik in a report on Tuesday, November 18th. They issued a “buy” rating and a $114.00 price target on the stock. CIBC increased their price objective on shares of Rubrik from $125.00 to $130.00 and gave the company an “outperformer” rating in a research note on Thursday, September 11th. KeyCorp raised their price objective on shares of Rubrik from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Finally, Rosenblatt Securities upped their target price on shares of Rubrik from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Eighteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Rubrik presently has an average rating of “Moderate Buy” and a consensus price target of $109.69.

Rubrik Stock Performance

Shares of NYSE:RBRK opened at $68.23 on Friday. The company’s fifty day moving average is $76.46 and its 200-day moving average is $84.10. Rubrik, Inc. has a 52 week low of $47.35 and a 52 week high of $103.00. The company has a market capitalization of $13.47 billion, a PE ratio of -29.16 and a beta of 0.20.

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

Insider Activity

In related news, CTO Arvind Nithrakashyap sold 40,170 shares of the stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $74.21, for a total transaction of $2,981,015.70. Following the sale, the chief technology officer directly owned 333,528 shares in the company, valued at $24,751,112.88. This represents a 10.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Wendell Thompson sold 9,009 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $82.76, for a total value of $745,584.84. Following the sale, the director directly owned 998 shares of the company’s stock, valued at $82,594.48. This represents a 90.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 131,966 shares of company stock worth $10,356,678. 32.38% of the stock is currently owned by insiders.

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.