Rubrik, Inc. $RBRK Shares Purchased by S&CO Inc.

S&CO Inc. grew its stake in shares of Rubrik, Inc. (NYSE:RBRK) by 100.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,433 shares of the company’s stock after purchasing an additional 13,224 shares during the quarter. S&CO Inc.’s holdings in Rubrik were worth $2,368,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Amundi raised its holdings in shares of Rubrik by 0.7% during the 1st quarter. Amundi now owns 37,116 shares of the company’s stock valued at $2,132,000 after buying an additional 262 shares during the period. Allworth Financial LP grew its position in Rubrik by 1,030.8% in 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 in the last quarter. ST Germain D J Co. Inc. purchased a new stake in shares of Rubrik during the second quarter valued at approximately $27,000. NewEdge Advisors LLC lifted its position in shares of Rubrik by 31.6% during the first quarter. NewEdge Advisors LLC now owns 1,250 shares of the company’s stock worth $76,000 after purchasing an additional 300 shares in the last quarter. Finally, Beacon Capital Management LLC acquired a new position in shares of Rubrik during the second quarter worth $29,000. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Rubrik Stock Performance

Shares of RBRK stock opened at $72.99 on Monday. Rubrik, Inc. has a one year low of $42.01 and a one year high of $103.00. The company’s 50-day simple moving average is $80.25 and its 200-day simple moving average is $84.50. The stock has a market capitalization of $14.41 billion, a price-to-earnings ratio of -31.19 and a beta of 0.20.

Rubrik (NYSE:RBRK) last announced its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.34) by $0.31. The firm had revenue of $309.86 million during the quarter, compared to the consensus estimate of $282.25 million. During the same period in the prior year, the firm earned ($0.40) earnings per share. The firm’s quarterly revenue was up 44.9% compared to the same quarter last year. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. As a group, research analysts forecast that Rubrik, Inc. will post -7.66 EPS for the current year.

Insider Transactions at Rubrik

In related news, CFO Kiran Kumar Choudary sold 3,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $72.29, for a total transaction of $253,015.00. Following the sale, the chief financial officer directly owned 510,551 shares of the company’s stock, valued at approximately $36,907,731.79. This represents a 0.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John Wendell Thompson sold 9,009 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $75.45, for a total value of $679,729.05. Following the transaction, the director owned 998 shares in the company, valued at $75,299.10. This trade represents a 90.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 121,966 shares of company stock valued at $9,644,823 over the last 90 days. Insiders own 32.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Wedbush reaffirmed an “outperform” rating and set a $120.00 price target on shares of Rubrik in a report on Thursday, September 11th. Barclays raised their target price on Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Rosenblatt Securities lifted their target price on Rubrik from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. KeyCorp increased their price target on Rubrik from $113.00 to $117.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Finally, Wall Street Zen lowered Rubrik from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $108.67.

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.