Rubrik, Inc. $RBRK Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC trimmed its holdings in Rubrik, Inc. (NYSE:RBRK) by 36.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,735 shares of the company’s stock after selling 2,162 shares during the quarter. ProShare Advisors LLC’s holdings in Rubrik were worth $335,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Amundi lifted its position in shares of Rubrik by 0.7% during the 1st quarter. Amundi now owns 37,116 shares of the company’s stock worth $2,132,000 after buying an additional 262 shares during the last quarter. ST Germain D J Co. Inc. acquired a new stake in Rubrik during the 2nd quarter worth $27,000. NewEdge Advisors LLC lifted its position in Rubrik by 31.6% in the first quarter. NewEdge Advisors LLC now owns 1,250 shares of the company’s stock valued at $76,000 after acquiring an additional 300 shares during the last quarter. Beacon Capital Management LLC purchased a new stake in Rubrik in the second quarter valued at $29,000. Finally, Comerica Bank boosted its stake in Rubrik by 209.0% in the first quarter. Comerica Bank now owns 584 shares of the company’s stock valued at $36,000 after acquiring an additional 395 shares in the last quarter. 49.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Rubrik news, insider Brian K. Mccarthy sold 10,000 shares of Rubrik stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $75.90, for a total value of $759,000.00. Following the sale, the insider owned 349,319 shares of the company’s stock, valued at approximately $26,513,312.10. The trade was a 2.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Wendell Thompson sold 9,009 shares of the stock in a transaction that occurred 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 directly owned 998 shares of the company’s stock, valued at approximately $75,299.10. This trade represents a 90.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 131,966 shares of company stock valued at $10,356,678 over the last quarter. Corporate insiders own 32.38% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on RBRK shares. Wall Street Zen cut Rubrik from a “buy” rating to a “hold” rating in a research report on Friday, August 22nd. Oppenheimer assumed coverage on Rubrik in a research note on Monday. They issued a “market perform” rating for the company. Berenberg Bank initiated coverage on shares of Rubrik in a research report on Tuesday. They set a “buy” rating and a $114.00 target price on the stock. Rosenblatt Securities lifted their target price on shares of Rubrik from $110.00 to $115.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Finally, Mizuho upgraded shares of Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price target for the company in a research report on Monday, November 17th. Eighteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Rubrik currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.69.

Rubrik Trading Down 1.6%

NYSE:RBRK opened at $66.60 on Friday. Rubrik, Inc. has a 12-month low of $47.35 and a 12-month high of $103.00. The stock’s 50 day simple moving average is $77.05 and its 200-day simple moving average is $84.31. The firm has a market cap of $13.15 billion, a P/E ratio of -28.46 and a beta of 0.20.

Rubrik (NYSE:RBRK) last posted 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 firm had revenue of $309.86 million during the quarter, compared to analysts’ expectations of $282.25 million. The business’s quarterly revenue was up 44.9% on a year-over-year basis. During the same quarter last 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. Research analysts forecast that Rubrik, Inc. will post -7.66 EPS 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.