Rubrik, Inc. $RBRK Position Boosted by Fieldview Capital Management LLC

Fieldview Capital Management LLC grew its holdings in shares of Rubrik, Inc. (NYSE:RBRK) by 575.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 46,145 shares of the company’s stock after purchasing an additional 39,317 shares during the period. Fieldview Capital Management LLC’s holdings in Rubrik were worth $3,529,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in shares of Rubrik by 1,360.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company’s stock valued at $30,000 after purchasing an additional 340 shares in the last quarter. Financial Life Planners bought a new position in shares of Rubrik during the 3rd quarter valued at about $31,000. Atlantic Union Bankshares Corp lifted its stake in Rubrik by 100.0% during the fourth quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock valued at $31,000 after buying an additional 200 shares in the last quarter. Triumph Capital Management purchased a new stake in Rubrik during the fourth quarter valued at about $33,000. Finally, Banque Cantonale Vaudoise purchased a new stake in Rubrik during the third quarter valued at about $34,000. Institutional investors own 49.54% of the company’s stock.

Rubrik News Summary

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Wedbush reaffirmed its outperform rating and said Rubrik’s new AI-driven products from its Forward Conference support a bullish long-term thesis. Rubrik’s new AI-driven products keeps Wedbush bullish
• Positive Sentiment: DA Davidson reiterated buy and lifted its price target to $90 from $70 after Rubrik’s analyst/investor day, signaling confidence in the company’s growth and strategy. Rubrik, Inc. (RBRK) Analyst/Investor Day Transcript
• Positive Sentiment: BTIG Research also reiterated buy and set a $91 target, while Baird raised its target to $110 and kept an outperform rating, reinforcing analyst optimism after the company’s recent event.
• Positive Sentiment: Rubrik unveiled an autonomous business recovery tool for cloud applications and new control/recovery tools for Anthropic’s Claude AI agents, highlighting product innovation in cyber resilience and AI. Rubrik Unveils Autonomous Business Recovery Tool Designed For Cloud Applications
• Neutral Sentiment: Zacks highlighted Rubrik as a strong momentum stock, which may support investor sentiment but does not materially change fundamentals. Here’s Why Rubrik, Inc. (RBRK) is a Strong Momentum Stock
• Negative Sentiment: One recent article questioned whether Rubrik’s growth story can justify its premium valuation, a reminder that expectations are already elevated. Can Rubrik’s Growth Story Support Its Premium Valuation?

Rubrik Trading Down 4.5%

RBRK stock opened at $68.24 on Friday. The firm has a 50-day moving average of $61.15 and a two-hundred day moving average of $62.69. The firm has a market capitalization of $14.05 billion, a PE ratio of -47.06 and a beta of 1.10. Rubrik, Inc. has a one year low of $42.25 and a one year high of $99.75.

Rubrik (NYSE:RBRK) last posted its quarterly earnings results on Thursday, June 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.19. The company had revenue of $387.07 million during the quarter, compared to analysts’ expectations of $366.31 million. Rubrik’s revenue for the quarter was up 39.0% compared to the same quarter last year. During the same period last year, the company earned ($0.15) earnings per share. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. On average, equities research analysts anticipate that Rubrik, Inc. will post -1.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on RBRK shares. Wells Fargo & Company reduced their price objective on shares of Rubrik from $125.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Mizuho upped their price objective on shares of Rubrik from $80.00 to $90.00 and gave the company an “outperform” rating in a research note on Friday, June 5th. Wedbush reaffirmed an “outperform” rating and set a $90.00 price objective on shares of Rubrik in a research note on Thursday. Piper Sandler reaffirmed an “overweight” rating and set a $91.00 price objective (up from $84.00) on shares of Rubrik in a research note on Friday, June 5th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $90.00 price objective on shares of Rubrik in a research note on Monday, June 1st. Twenty-eight investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.00.

Insider Activity at Rubrik

In other news, Director John Wendell Thompson sold 2,500 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $84.51, for a total value of $211,275.00. Following the completion of the sale, the director directly owned 15,000 shares of the company’s stock, valued at $1,267,650. This represents a 14.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Arvind Nithrakashyap sold 12,820 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $82.16, for a total transaction of $1,053,291.20. Following the completion of the sale, the chief technology officer directly owned 314,048 shares of the company’s stock, valued at $25,802,183.68. This trade represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 398,939 shares of company stock valued at $27,628,167 over the last ninety days. 13.66% of the stock is owned by company insiders.

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).