Rubrik, Inc. $RBRK Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lowered its holdings in shares of Rubrik, Inc. (NYSE:RBRK) by 78.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,126 shares of the company’s stock after selling 14,706 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Rubrik were worth $316,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. BIP Wealth LLC acquired a new stake in Rubrik in the fourth quarter valued at approximately $765,000. South Shore Capital Advisors acquired a new position in shares of Rubrik during the 4th quarter worth approximately $347,000. Register Financial Advisors LLC acquired a new position in shares of Rubrik during the 4th quarter worth approximately $474,000. Albion Financial Group UT purchased a new position in shares of Rubrik during the 4th quarter valued at approximately $229,000. Finally, Hamilton Lane Advisors LLC purchased a new position in shares of Rubrik during the 4th quarter valued at approximately $10,809,000. 49.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. DA Davidson set a $70.00 price target on shares of Rubrik in a report on Friday, March 13th. KeyCorp decreased their price objective on shares of Rubrik from $80.00 to $70.00 and set an “overweight” rating on the stock in a report on Wednesday. Wells Fargo & Company dropped their target price on shares of Rubrik from $125.00 to $90.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Piper Sandler reissued an “overweight” rating and set a $84.00 target price (down from $99.00) on shares of Rubrik in a research note on Friday, March 13th. Finally, Barclays reduced their price target on shares of Rubrik from $100.00 to $70.00 and set an “overweight” rating for the company in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Rubrik has an average rating of “Moderate Buy” and an average target price of $88.60.

Insider Activity

In related news, Director John Wendell Thompson sold 2,500 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $48.96, for a total transaction of $122,400.00. Following the completion of the sale, the director owned 20,000 shares of the company’s stock, valued at approximately $979,200. This represents a 11.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark D. Mclaughlin acquired 10,638 shares of the company’s stock in a transaction that occurred on Monday, March 30th. The shares were acquired at an average cost of $47.21 per share, with a total value of $502,219.98. Following the purchase, the director owned 13,639 shares in the company, valued at $643,897.19. This represents a 354.48% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 203,113 shares of company stock worth $10,157,582 over the last three months. Insiders own 32.38% of the company’s stock.

Rubrik Stock Performance

Shares of RBRK opened at $52.33 on Friday. The stock has a 50 day moving average price of $51.79 and a 200 day moving average price of $65.89. Rubrik, Inc. has a one year low of $42.25 and a one year high of $103.00. The stock has a market capitalization of $10.58 billion, a price-to-earnings ratio of -29.56 and a beta of 0.63.

Rubrik (NYSE:RBRK) last announced its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.15. The firm had revenue of $377.68 million during the quarter, compared to analysts’ expectations of $342.43 million. During the same quarter in the previous year, the business posted ($0.18) EPS. The company’s revenue for the quarter was up 46.3% on a year-over-year basis. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. On average, analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current year.

About Rubrik

Rubrik, Inc is a cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance and intelligent data governance. Its flagship offering, the Rubrik Security Cloud, enables organizations to automate backup and recovery workflows across on-premises, edge and multi-cloud environments. By combining policy-driven orchestration with real-time threat detection, Rubrik helps clients guard against ransomware, ensure business continuity and enforce data retention requirements.

The company’s platform supports a range of services including backup and restore, long-term data archiving, replication, and disaster recovery as a service (DRaaS).