Rubrik, Inc. $RBRK Shares Sold by KBC Group NV

KBC Group NV reduced its stake in shares of Rubrik, Inc. (NYSE:RBRK) by 22.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,600 shares of the company’s stock after selling 737 shares during the period. KBC Group NV’s holdings in Rubrik were worth $233,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RBRK. Envestnet Asset Management Inc. raised its holdings in shares of Rubrik by 260.8% in the first quarter. Envestnet Asset Management Inc. now owns 39,826 shares of the company’s stock worth $2,429,000 after acquiring an additional 28,788 shares during the last quarter. Cerity Partners LLC increased its position in Rubrik by 35.1% during the 1st quarter. Cerity Partners LLC now owns 4,319 shares of the company’s stock worth $263,000 after purchasing an additional 1,123 shares in the last quarter. CWM LLC increased its position in Rubrik by 282.2% during the 1st quarter. CWM LLC now owns 1,051 shares of the company’s stock worth $64,000 after purchasing an additional 776 shares in the last quarter. Victory Capital Management Inc. raised its stake in Rubrik by 28.9% in the 1st quarter. Victory Capital Management Inc. now owns 9,149 shares of the company’s stock valued at $558,000 after purchasing an additional 2,053 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in Rubrik by 3,222.0% in the 1st quarter. IFP Advisors Inc now owns 1,661 shares of the company’s stock valued at $101,000 after purchasing an additional 1,611 shares in the last quarter. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Insider Transactions at Rubrik

In other Rubrik news, Director John Wendell Thompson sold 9,009 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $75.45, for a total transaction of $679,729.05. Following the completion of the sale, the director owned 998 shares of the company’s stock, valued at approximately $75,299.10. The trade was a 90.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Arvind Nithrakashyap sold 40,170 shares of the firm’s stock in a transaction dated Tuesday, September 16th. The stock was 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 approximately $24,751,112.88. This trade represents a 10.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 128,466 shares of company stock worth $10,113,568 in the last three months. 32.38% of the stock is currently owned by insiders.

Rubrik Stock Performance

Shares of RBRK stock opened at $68.76 on Wednesday. The firm has a market capitalization of $13.58 billion, a price-to-earnings ratio of -29.39 and a beta of 0.20. Rubrik, Inc. has a one year low of $42.50 and a one year high of $103.00. The company has a 50 day moving average price of $77.63 and a 200 day moving average price of $84.59.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results 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 company had revenue of $309.86 million during the quarter, compared to analyst estimates of $282.25 million. The firm’s revenue for the quarter was up 44.9% compared to the same quarter last year. During the same quarter last year, the business earned ($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. As a group, equities analysts forecast that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on RBRK shares. KeyCorp lifted their price target on shares of Rubrik from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Oppenheimer began coverage on shares of Rubrik in a research report on Monday. They set a “market perform” rating on the stock. Berenberg Bank began coverage on shares of Rubrik in a research note on Tuesday. They issued a “buy” rating and a $114.00 target price for the company. Mizuho raised Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price target on the stock in a research note on Monday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Rubrik in a report on Thursday, November 13th. Eighteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $109.69.

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.