Owen LaRue LLC Purchases New Shares in Rubrik, Inc. $RBRK

Owen LaRue LLC purchased a new stake in shares of Rubrik, Inc. (NYSE:RBRK) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 14,400 shares of the company’s stock, valued at approximately $1,290,000.

Other hedge funds also recently made changes to their positions in the company. Ameriprise Financial Inc. boosted its holdings in Rubrik by 14.0% in the fourth quarter. Ameriprise Financial Inc. now owns 29,213 shares of the company’s stock worth $1,909,000 after acquiring an additional 3,593 shares in the last quarter. Centaurus Financial Inc. bought a new stake in Rubrik in the fourth quarter worth $115,000. California State Teachers Retirement System boosted its holdings in Rubrik by 22.1% in the fourth quarter. California State Teachers Retirement System now owns 56,279 shares of the company’s stock worth $3,678,000 after acquiring an additional 10,191 shares in the last quarter. Rhumbline Advisers boosted its holdings in Rubrik by 204.1% in the first quarter. Rhumbline Advisers now owns 2,980 shares of the company’s stock worth $182,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Green Alpha Advisors LLC boosted its holdings in Rubrik by 53.4% in the first quarter. Green Alpha Advisors LLC now owns 8,114 shares of the company’s stock worth $495,000 after acquiring an additional 2,824 shares in the last quarter. 49.54% of the stock is currently owned by institutional investors.

Rubrik Price Performance

Shares of NYSE:RBRK opened at $81.94 on Friday. The company has a market cap of $16.18 billion, a P/E ratio of -35.02 and a beta of 0.43. Rubrik, Inc. has a 1 year low of $30.35 and a 1 year high of $103.00. The stock’s fifty day moving average price is $85.98 and its 200-day moving average price is $80.57.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates 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 firm’s revenue was up 44.9% compared to the same quarter last year. During the same quarter last year, the company posted ($0.40) EPS. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. On average, sell-side analysts anticipate that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on RBRK shares. CIBC boosted their target price on Rubrik from $125.00 to $130.00 and gave the stock an “outperformer” rating in a report on Thursday, September 11th. Barclays boosted their target price on Rubrik from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Cantor Fitzgerald reissued an “overweight” rating and issued a $115.00 target price on shares of Rubrik in a report on Wednesday, September 10th. Truist Financial upped their price target on Rubrik from $90.00 to $110.00 and gave the company a “buy” rating in a report on Friday, June 6th. Finally, Wedbush reaffirmed an “outperform” rating and set a $120.00 price target on shares of Rubrik in a report on Thursday, September 11th. Sixteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $104.38.

Insider Transactions at Rubrik

In related news, Director John Wendell Thompson sold 9,009 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $87.83, for a total transaction of $791,260.47. Following the completion of the sale, the director owned 998 shares in the company, valued at approximately $87,654.34. This represents a 90.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CRO Brian K. Mccarthy sold 4,670 shares of the company’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $74.21, for a total value of $346,560.70. Following the sale, the executive owned 407,632 shares of the company’s stock, valued at approximately $30,250,370.72. This trade represents a 1.13% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 185,434 shares of company stock worth $15,493,640 in the last three months. 32.38% of the stock is owned by insiders.

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.