Swiss National Bank Has $16.27 Million Holdings in Rubrik, Inc. $RBRK

Swiss National Bank increased its holdings in Rubrik, Inc. (NYSE:RBRK) by 13.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 181,600 shares of the company’s stock after purchasing an additional 21,700 shares during the period. Swiss National Bank’s holdings in Rubrik were worth $16,270,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of RBRK. Allworth Financial LP lifted its holdings in Rubrik by 1,030.8% during the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after buying an additional 268 shares during the period. ST Germain D J Co. Inc. acquired a new position in shares of Rubrik in the second quarter worth approximately $27,000. Beacon Capital Management LLC bought a new stake in Rubrik in the second quarter valued at approximately $29,000. Catalyst Capital Advisors LLC acquired a new stake in Rubrik during the 2nd quarter valued at approximately $36,000. Finally, PNC Financial Services Group Inc. bought a new position in Rubrik during the 1st quarter worth approximately $30,000. 49.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on RBRK. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rubrik in a research note on Tuesday. Oppenheimer initiated coverage on shares of Rubrik in a research report on Monday, November 17th. They set a “market perform” rating on the stock. Wedbush reiterated an “outperform” rating and set a $120.00 price target on shares of Rubrik in a report on Thursday, September 11th. FBN Securities reissued an “outperform” rating on shares of Rubrik in a research note on Wednesday, September 10th. Finally, Barclays upped their target price on Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. Eighteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.69.

Insider Buying and Selling at Rubrik

In other news, CRO Brian K. Mccarthy sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $87.84, for a total value of $1,098,000.00. Following the transaction, the executive owned 406,052 shares in the company, valued at $35,667,607.68. This trade represents a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Arvind Nithrakashyap sold 40,170 shares of Rubrik stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $74.21, for a total value of $2,981,015.70. Following the transaction, the chief technology officer directly owned 333,528 shares in the company, valued at approximately $24,751,112.88. The trade was a 10.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 131,966 shares of company stock worth $10,356,678 in the last quarter. 32.38% of the stock is owned by insiders.

Rubrik Trading Down 1.0%

Shares of RBRK stock opened at $68.23 on Thursday. The firm has a fifty day simple moving average of $76.66 and a two-hundred day simple moving average of $84.21. Rubrik, Inc. has a 12 month low of $47.35 and a 12 month high of $103.00. The firm has a market capitalization of $13.47 billion, a PE ratio of -29.16 and a beta of 0.20.

Rubrik (NYSE:RBRK) last released 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 during the quarter, compared to the consensus estimate of $282.25 million. The firm’s quarterly revenue was up 44.9% on a year-over-year basis. During the same period last year, the business posted ($0.40) earnings per share. 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 analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

About Rubrik

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.