Sumitomo Mitsui Trust Group Inc. Sells 17,806 Shares of Rubrik, Inc. $RBRK

Sumitomo Mitsui Trust Group Inc. reduced its stake in shares of Rubrik, Inc. (NYSE:RBRK) by 5.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 337,811 shares of the company’s stock after selling 17,806 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.17% of Rubrik worth $27,785,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. NewEdge Advisors LLC lifted its holdings in Rubrik by 12.0% during 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 in the last quarter. Creative Planning raised its position in shares of Rubrik by 5.3% during the second quarter. Creative Planning now owns 4,668 shares of the company’s stock worth $418,000 after acquiring an additional 236 shares during the last quarter. Advisors Asset Management Inc. lifted 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 valued at $53,000 after acquiring an additional 239 shares during the period. Allworth Financial LP lifted its stake in shares of Rubrik by 1,030.8% during the second quarter. Allworth Financial LP now owns 294 shares of the company’s stock valued at $26,000 after acquiring an additional 268 shares during the period. Finally, ST Germain D J Co. Inc. bought a new position in Rubrik in the second quarter valued at about $27,000. Institutional investors and hedge funds own 49.54% of the company’s stock.

Rubrik Stock Performance

Shares of NYSE RBRK opened at $67.12 on Friday. Rubrik, Inc. has a 52-week low of $47.35 and a 52-week high of $103.00. The stock has a market cap of $13.43 billion, a P/E ratio of -34.42 and a beta of 0.27. The firm has a 50 day moving average price of $74.73 and a 200 day moving average price of $80.59.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The firm had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. During the same period in the prior year, the business earned ($0.21) earnings per share. The company’s revenue for the quarter was up 48.3% compared to the same quarter last year. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Insider Activity

In other Rubrik news, CFO Kiran Kumar Choudary sold 20,000 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $67.66, for a total value of $1,353,200.00. Following the completion of the transaction, the chief financial officer directly owned 489,959 shares of the company’s stock, valued at approximately $33,150,625.94. The trade was a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $73.84, for a total value of $812,240.00. Following the sale, the director directly owned 2,702 shares in the company, valued at approximately $199,515.68. This represents a 80.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 249,396 shares of company stock valued at $19,381,819. Company insiders own 32.38% of the company’s stock.

Trending Headlines about Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik launched “Rubrik Security Cloud Sovereign,” a product designed to give global customers tighter control over data residency and access — a feature aimed at regulated and national-security-sensitive customers that could expand sales in large enterprises and government. Rubrik Announces Rubrik Security Cloud Sovereign
• Positive Sentiment: KeyCorp reiterated an Overweight view and a $95 price target, publishing a Q3 2027 EPS estimate (?$0.35) while maintaining optimistic positioning on Rubrik’s growth trajectory — analyst support can help stabilize sentiment and attract buyers. (KeyCorp research note)
• Neutral Sentiment: Rubrik introduced “CXO Visionaries,” a marketing/program initiative aimed at C-level engagement and thought leadership — positive for brand and pipeline development but unlikely to move near-term fundamentals by itself. Rubrik Introduces CXO Visionaries
• Negative Sentiment: Company insiders sold material amounts of stock this week: CTO Arvind Nithrakashyap sold 4,648 shares at ~$70.40 (and earlier sold 1,045 shares at ~$70.05)—small reductions but visible insider selling can unsettle retail investors. CTO Form 4
• Negative Sentiment: CFO Kiran Kumar Choudary sold 20,000 shares at an average price of $67.66 (?$1.35M), reducing his stake by ~3.9% — this larger insider sale is likely the principal negative catalyst for today’s weaker share performance. CFO Form 4

Wall Street Analysts Forecast Growth

Several analysts have weighed in on RBRK shares. Robert W. Baird boosted their price objective on Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. William Blair upgraded shares of Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday, December 5th. Mizuho upgraded shares of Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price objective on the stock in a report on Monday, November 17th. Wedbush reaffirmed an “outperform” rating and issued a $120.00 price objective on shares of Rubrik in a research note on Friday, December 5th. Finally, UBS Group reaffirmed a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $112.18.

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).