Rubrik, Inc. $RBRK Shares Sold by Perpetual Ltd

Perpetual Ltd cut its stake in Rubrik, Inc. (NYSE:RBRK) by 29.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 416,971 shares of the company’s stock after selling 170,185 shares during the period. Perpetual Ltd’s holdings in Rubrik were worth $34,296,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Allworth Financial LP grew its holdings in Rubrik by 1,030.8% during the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after acquiring an additional 268 shares in the last quarter. ST Germain D J Co. Inc. bought a new position in shares of Rubrik during the second quarter worth about $27,000. Beacon Capital Management LLC acquired a new position in Rubrik in the second quarter worth about $29,000. Catalyst Capital Advisors LLC bought a new stake in Rubrik in the second quarter valued at about $36,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in Rubrik in the second quarter valued at about $41,000. 49.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

RBRK has been the topic of a number of research analyst reports. BMO Capital Markets reduced their target price on Rubrik from $110.00 to $105.00 and set an “outperform” rating on the stock in a report on Friday, December 5th. CIBC raised their price objective on Rubrik from $125.00 to $130.00 and gave the stock an “outperformer” rating in a research note on Thursday, September 11th. William Blair raised shares of Rubrik from a “market perform” rating to an “outperform” rating in a report on Friday, December 5th. UBS Group reissued a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Finally, Guggenheim set a $110.00 price target on shares of Rubrik in a research report on Friday, December 5th. Twenty investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $114.94.

Insider Buying and Selling at Rubrik

In related news, 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 completion of the transaction, the chief technology officer directly owned 342,703 shares of the company’s stock, valued at $26,110,541.57. This represents a 8.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Brian K. Mccarthy sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $75.90, for a total value of $759,000.00. Following the completion of the sale, the insider owned 349,319 shares in the company, valued at approximately $26,513,312.10. This represents a 2.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 219,212 shares of company stock valued at $17,522,902. 32.38% of the stock is currently owned by insiders.

Rubrik Stock Performance

Rubrik stock opened at $78.15 on Friday. Rubrik, Inc. has a one year low of $47.35 and a one year high of $103.00. The company has a 50-day simple moving average of $75.36 and a 200-day simple moving average of $82.89. The firm has a market capitalization of $15.64 billion, a P/E ratio of -40.08 and a beta of 0.32.

Rubrik (NYSE:RBRK) last posted its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.26. The firm had revenue of $350.17 million for the quarter, compared to analyst estimates of $320.19 million. During the same period in the previous year, the firm earned ($0.21) earnings per share. The company’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. As a group, sell-side analysts forecast that Rubrik, Inc. will post -7.66 earnings per share for the current year.

About Rubrik

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).