Waldron Private Wealth LLC Buys 3,854 Shares of Rubrik, Inc. $RBRK

Waldron Private Wealth LLC increased its stake in Rubrik, Inc. (NYSE:RBRK) by 100.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,707 shares of the company’s stock after buying an additional 3,854 shares during the quarter. Waldron Private Wealth LLC’s holdings in Rubrik were worth $690,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of RBRK. ST Germain D J Co. Inc. purchased a new position in Rubrik during the second quarter worth $27,000. Beacon Capital Management LLC purchased a new position in Rubrik during the second quarter worth $29,000. PNC Financial Services Group Inc. purchased a new position in Rubrik during the first quarter worth $30,000. Summit Securities Group LLC purchased a new position in Rubrik during the first quarter worth $31,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Rubrik in the second quarter worth approximately $36,000. 49.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Kiran Kumar Choudary sold 6,599 shares of Rubrik stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $74.21, for a total value of $489,711.79. Following the transaction, the chief financial officer directly owned 516,184 shares in the company, valued at approximately $38,306,014.64. This trade represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CTO Arvind Nithrakashyap sold 40,170 shares of Rubrik stock in a transaction 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 completion of the transaction, the chief technology officer owned 333,528 shares in the company, valued at $24,751,112.88. This represents a 10.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 134,466 shares of company stock valued at $10,898,894. 32.38% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Rubrik in a report on Saturday. Rosenblatt Securities increased their price target on Rubrik from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. CIBC increased their price target on Rubrik from $125.00 to $130.00 and gave the stock an “outperformer” rating in a report on Thursday, September 11th. Wedbush reiterated an “outperform” rating and issued a $120.00 price target on shares of Rubrik in a report on Thursday, September 11th. Finally, Barclays increased their price target on Rubrik from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Sixteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Rubrik presently has a consensus rating of “Moderate Buy” and an average target price of $108.67.

Rubrik Stock Up 0.2%

RBRK opened at $77.04 on Friday. The stock’s fifty day moving average is $82.93 and its two-hundred day moving average is $83.31. The company has a market capitalization of $15.21 billion, a P/E ratio of -32.92 and a beta of 0.24. Rubrik, Inc. has a 52 week low of $39.11 and a 52 week high of $103.00.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.31. The firm had revenue of $309.86 million for the quarter, compared to analysts’ expectations of $282.25 million. The company’s revenue for the quarter was up 44.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($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. Equities analysts anticipate that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Rubrik 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.