24,000 Shares in Rubrik, Inc. $RBRK Purchased by Diker Management LLC

Diker Management LLC purchased a new stake in Rubrik, Inc. (NYSE:RBRK) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 24,000 shares of the company’s stock, valued at approximately $1,974,000. Rubrik accounts for about 1.6% of Diker Management LLC’s investment portfolio, making the stock its 16th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of RBRK. Vanguard Group Inc. boosted its stake in Rubrik by 73.1% in the second quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock worth $1,077,106,000 after buying an additional 5,077,513 shares in the last quarter. Norges Bank purchased a new position in shares of Rubrik during the second quarter worth approximately $219,132,000. First Trust Advisors LP raised its stake in shares of Rubrik by 44.8% during the second quarter. First Trust Advisors LP now owns 4,462,705 shares of the company’s stock worth $399,814,000 after acquiring an additional 1,380,941 shares in the last quarter. Federated Hermes Inc. lifted its holdings in shares of Rubrik by 101.8% in the 3rd quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock worth $200,506,000 after acquiring an additional 1,229,476 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Rubrik by 139.7% in the 2nd quarter. State Street Corp now owns 1,771,475 shares of the company’s stock worth $158,706,000 after acquiring an additional 1,032,497 shares during the last quarter. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Key Headlines Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Q4 beat and raised guidance — Rubrik posted $0.04 adj. EPS (vs. a loss expected) and revenue of $377.7M (+46% YoY), and issued Q1 and FY‑2027 guidance well above Street expectations, which underpins the company’s growth narrative and drove initial upside. Rubrik Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Subscription ARR and execution highlighted — Management called out record subscription ARR growth and improved free‑cash metrics, reinforcing the recurring‑revenue story and the company’s positioning around AI/data resilience. Rubrik Inc (RBRK) Q4 2026 Earnings Call Highlights
• Positive Sentiment: Call‑buyers showing conviction — Unusual options activity (large call purchases) suggests some traders are betting on further upside post‑earnings, adding a tactical bullish signal to intraday flows.
• Neutral Sentiment: Mixed analyst posture — Several firms reaffirmed buy/overweight ratings even as they’d trimmed targets (e.g., Piper Sandler reaffirmed overweight with a lower $84 PT). Ratings support the growth case but reduced PTs reflect more cautious near‑term expectations. Piper Sandler Reaffirms Overweight on Rubrik
• Negative Sentiment: Multiple price‑target cuts — BMO, Wedbush and Wells Fargo cut PTs (to $70, $90 and $90 respectively) despite maintaining outperform/overweight stances; those trims cap upside in the near term and signal caution on valuation/timing. Analyst Price Target Moves
• Negative Sentiment: Soft software market and profit‑taking — Commentary notes that even strong results can be muted when the broader software/tech group is weak; that dynamic, plus short‑term traders locking gains after a big run, helps explain the stock’s pullback. Rubrik posts strong Q4, but ‘rarified air’ isn’t enough to lift shares

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Mizuho lowered their price target on shares of Rubrik from $97.00 to $80.00 and set an “outperform” rating for the company in a research note on Tuesday, February 17th. Robert W. Baird reduced their price objective on Rubrik from $125.00 to $110.00 and set an “outperform” rating on the stock in a research note on Friday, March 6th. Guggenheim reissued a “buy” rating and issued a $110.00 target price on shares of Rubrik in a research note on Friday. Finally, Cantor Fitzgerald reduced their price target on Rubrik from $105.00 to $85.00 and set an “overweight” rating on the stock in a research report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $92.89.

Rubrik Trading Down 1.2%

Shares of NYSE:RBRK opened at $53.35 on Friday. The company has a 50-day moving average price of $59.14 and a 200-day moving average price of $71.86. The company has a market cap of $10.68 billion, a price-to-earnings ratio of -30.14 and a beta of 0.45. Rubrik, Inc. has a 12 month low of $46.36 and a 12 month high of $103.00.

Rubrik (NYSE:RBRK) last posted its earnings results on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million during the quarter, compared to the consensus estimate of $342.43 million. During the same period in the previous year, the business earned ($0.18) earnings per share. The firm’s revenue for the quarter was up 46.3% compared to the same quarter last year. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. As a group, research analysts forecast that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director John Wendell Thompson sold 11,000 shares of Rubrik stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $53.62, for a total value of $589,820.00. Following the sale, the director directly owned 4,653 shares in the company, valued at approximately $249,493.86. This trade represents a 70.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kiran Kumar Choudary sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $54.17, for a total value of $1,083,400.00. Following the transaction, the chief financial officer directly owned 474,959 shares in the company, valued at $25,728,529.03. This trade represents a 4.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 146,219 shares of company stock worth $9,834,982. Corporate insiders own 32.38% of the company’s stock.

Rubrik Company Profile

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).