Groupama Asset Managment Buys New Position in Rubrik, Inc. $RBRK

Groupama Asset Managment purchased a new position in shares of Rubrik, Inc. (NYSE:RBRK) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,000,000 shares of the company’s stock, valued at approximately $89,590,000. Groupama Asset Managment owned approximately 0.52% of Rubrik at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of RBRK. State Board of Administration of Florida Retirement System acquired a new stake in Rubrik during the second quarter worth approximately $6,910,000. Elevation Point Wealth Partners LLC acquired a new position in Rubrik in the 2nd quarter valued at $41,000. Employees Retirement System of Texas purchased a new position in shares of Rubrik during the 2nd quarter worth $42,000. Russell Investments Group Ltd. lifted its stake in shares of Rubrik by 234.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 146,176 shares of the company’s stock worth $12,822,000 after purchasing an additional 102,426 shares during the period. Finally, Advisors Asset Management Inc. boosted its holdings 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 purchasing an additional 239 shares during the last quarter. Institutional investors and hedge funds own 49.54% of the company’s stock.

Rubrik Stock Performance

NYSE:RBRK opened at $68.23 on Friday. The stock has a market cap of $13.47 billion, a price-to-earnings ratio of -29.16 and a beta of 0.20. Rubrik, Inc. has a one year low of $47.35 and a one year high of $103.00. The business’s 50-day simple moving average is $76.46 and its 200 day simple moving average is $84.10.

Rubrik (NYSE:RBRK) last issued its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.31. The business had revenue of $309.86 million for the quarter, compared to analyst estimates of $282.25 million. During the same quarter last year, the business earned ($0.40) EPS. Rubrik’s revenue for the quarter 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. On average, equities research analysts predict that Rubrik, Inc. will post -7.66 EPS for the current year.

Insider Transactions at Rubrik

In related news, CFO Kiran Kumar Choudary sold 3,500 shares of Rubrik stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $69.46, for a total value of $243,110.00. Following the completion of the sale, the chief financial officer owned 509,051 shares in the company, valued at approximately $35,358,682.46. The trade was a 0.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $75.90, for a total transaction of $759,000.00. Following the completion of the sale, the insider directly owned 349,319 shares in the company, valued at $26,513,312.10. This represents a 2.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 131,966 shares of company stock valued at $10,356,678. 32.38% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on RBRK. KeyCorp upped their target price on Rubrik from $113.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. FBN Securities reissued an “outperform” rating on shares of Rubrik in a research report on Wednesday, September 10th. Wedbush restated an “outperform” rating and issued a $120.00 target price on shares of Rubrik in a report on Thursday, September 11th. CIBC increased their price target on shares of Rubrik from $125.00 to $130.00 and gave the stock an “outperformer” rating in a research note on Thursday, September 11th. Finally, Mizuho raised shares of Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price objective for the company in a research note on Monday, November 17th. Eighteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $109.69.

Rubrik Company 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.