5,586 Shares in Rubrik, Inc. $RBRK Purchased by Nykredit A S

Nykredit A S purchased a new stake in Rubrik, Inc. (NYSE:RBRK) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,586 shares of the company’s stock, valued at approximately $448,000.

Several other large investors have also recently added to or reduced their stakes in RBRK. NewEdge Advisors LLC raised its stake in shares of Rubrik by 12.0% in the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock valued at $125,000 after acquiring an additional 150 shares during the last quarter. Atlantic Union Bankshares Corp grew its position in Rubrik by 100.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after acquiring an additional 200 shares during the last quarter. Creative Planning increased its holdings in Rubrik by 5.3% during the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after purchasing an additional 236 shares in the last quarter. Moors & Cabot Inc. increased its holdings in Rubrik by 9.2% during the 4th quarter. Moors & Cabot Inc. now owns 3,337 shares of the company’s stock valued at $255,000 after purchasing an additional 282 shares in the last quarter. Finally, Essential Partners LLC raised its position in Rubrik by 99.3% in the 1st quarter. Essential Partners LLC now owns 570 shares of the company’s stock valued at $28,000 after purchasing an additional 284 shares during the last quarter. 49.54% of the stock is owned by institutional investors.

Rubrik Stock Down 2.3%

Shares of RBRK opened at $91.51 on Wednesday. The stock’s fifty day simple moving average is $87.36 and its 200-day simple moving average is $69.35. The firm has a market capitalization of $18.84 billion, a PE ratio of -72.63 and a beta of 1.24. Rubrik, Inc. has a 12-month low of $42.25 and a 12-month high of $107.91.

Rubrik (NYSE:RBRK) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.16. The firm had revenue of $427.26 million during the quarter, compared to analyst estimates of $396.30 million. Rubrik’s revenue for the quarter was up 43.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.03) earnings per share. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. Analysts anticipate that Rubrik, Inc. will post -1.21 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on RBRK shares. Citigroup boosted their price objective on Rubrik from $96.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Truist Financial lifted their price target on Rubrik from $90.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Loop Capital began coverage on Rubrik in a report on Monday, August 3rd. They issued a “buy” rating and a $100.00 price target for the company. Barclays upped their price target on shares of Rubrik from $110.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, August 28th. Finally, KeyCorp raised their price objective on shares of Rubrik from $112.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, August 28th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.15.

Insider Buying and Selling at Rubrik

In other news, Director Ravi Mhatre sold 3,979 shares of Rubrik stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $83.10, for a total transaction of $330,654.90. Following the completion of the sale, the director owned 125,351 shares in the company, valued at $10,416,668.10. The trade was a 3.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John Thompson sold 11,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $74.10, for a total transaction of $815,100.00. Following the sale, the director directly owned 8,362 shares of the company’s stock, valued at approximately $619,624.20. This trade represents a 56.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 112,577 shares of company stock worth $9,376,785 over the last quarter. Company insiders own 13.66% of the company’s stock.

Rubrik 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).