30,179 Shares in Rubrik, Inc. $RBRK Bought by Oak Thistle LLC

Oak Thistle LLC bought a new stake in Rubrik, Inc. (NYSE:RBRK) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,179 shares of the company’s stock, valued at approximately $2,482,000.

Other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in Rubrik by 12.0% in the 2nd quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after buying an additional 150 shares during the last quarter. Creative Planning grew its position in Rubrik by 5.3% during the second quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after acquiring an additional 236 shares during the last quarter. Advisors Asset Management Inc. raised its stake 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 acquiring an additional 239 shares in the last quarter. Amundi raised its stake in shares of Rubrik by 0.7% during the first quarter. Amundi now owns 37,116 shares of the company’s stock worth $2,132,000 after acquiring an additional 262 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Rubrik by 1,030.8% in the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after acquiring an additional 268 shares during the last quarter. 49.54% of the stock is currently owned by institutional investors.

Insider Activity at Rubrik

In related news, Director Ravi Mhatre sold 101,659 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $81.82, for a total value of $8,317,739.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Brian K. Mccarthy sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $75.90, for a total transaction of $759,000.00. Following the completion of the sale, the insider owned 349,319 shares of the company’s stock, valued at $26,513,312.10. This trade represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 176,186 shares of company stock valued at $14,244,867 over the last quarter. Company insiders own 32.38% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on RBRK shares. BMO Capital Markets reduced their target price on shares of Rubrik from $110.00 to $105.00 and set an “outperform” rating on the stock in a report on Friday, December 5th. Rosenblatt Securities increased their target price on Rubrik from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, December 5th. William Blair raised Rubrik from a “market perform” rating to an “outperform” rating in a research note on Friday, December 5th. Berenberg Bank initiated coverage on shares of Rubrik in a report on Tuesday, November 18th. They issued a “buy” rating and a $114.00 target price on the stock. Finally, KeyCorp lowered their price target on shares of Rubrik from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Friday, December 5th. Twenty equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $114.94.

Rubrik Stock Performance

Shares of RBRK stock opened at $78.03 on Wednesday. Rubrik, Inc. has a fifty-two week low of $47.35 and a fifty-two week high of $103.00. The firm has a market cap of $15.62 billion, a P/E ratio of -40.01 and a beta of 0.32. The business’s 50 day moving average price is $75.87 and its 200-day moving average price is $83.16.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, December 4th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.26. The business had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. Rubrik’s revenue was up 48.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.21) EPS. 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, equities analysts predict that Rubrik, Inc. will post -7.66 EPS for the current year.

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.