Rubrik, Inc. $RBRK Shares Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its position in Rubrik, Inc. (NYSE:RBRK) by 471.4% in the third quarter, Holdings Channel reports. The firm owned 50,614 shares of the company’s stock after purchasing an additional 41,756 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Rubrik were worth $4,181,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Rubrik by 73.1% in the 2nd quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock worth $1,077,106,000 after acquiring an additional 5,077,513 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Rubrik by 44.8% in the 2nd quarter. First Trust Advisors LP now owns 4,462,705 shares of the company’s stock valued at $399,814,000 after buying an additional 1,380,941 shares during the period. Voya Investment Management LLC grew its position in shares of Rubrik by 18.0% during the 3rd quarter. Voya Investment Management LLC now owns 3,569,026 shares of the company’s stock valued at $293,552,000 after buying an additional 543,855 shares during the last quarter. Norges Bank acquired a new stake in Rubrik during the second quarter worth about $219,132,000. Finally, Federated Hermes Inc. lifted its holdings in Rubrik by 101.8% in the third 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. 49.54% of the stock is owned by institutional investors.

Insider Transactions at Rubrik

In other Rubrik news, CFO Kiran Kumar Choudary sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $67.66, for a total value of $1,353,200.00. Following the completion of the sale, the chief financial officer directly owned 489,959 shares in the company, valued at $33,150,625.94. This represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John Wendell Thompson sold 11,000 shares of Rubrik stock in a transaction on Monday, January 5th. The shares were sold at an average price of $73.84, for a total value of $812,240.00. Following the transaction, the director owned 2,702 shares in the company, valued at approximately $199,515.68. This trade represents a 80.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 249,396 shares of company stock worth $19,381,819 in the last three months. 32.38% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on RBRK shares. BMO Capital Markets lowered their target price on Rubrik from $110.00 to $105.00 and set an “outperform” rating for the company in a report on Friday, December 5th. Robert W. Baird raised their price target on Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Rosenblatt Securities increased their target price on Rubrik from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. KeyCorp cut their target price on Rubrik from $113.00 to $95.00 and set an “overweight” rating on the stock in a research note on Monday, January 12th. Finally, Piper Sandler lowered their price target on shares of Rubrik from $118.00 to $99.00 and set an “overweight” rating for the company in a research report on Monday, January 5th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $112.18.

Rubrik Stock Down 3.5%

RBRK stock opened at $55.93 on Friday. The company has a 50-day simple moving average of $73.22 and a 200 day simple moving average of $78.95. The company has a market capitalization of $11.19 billion, a P/E ratio of -28.68 and a beta of 0.27. Rubrik, Inc. has a fifty-two week low of $47.35 and a fifty-two week high of $103.00.

Rubrik (NYSE:RBRK) last released its earnings results on Thursday, December 4th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.26. The company had revenue of $350.17 million for the quarter, compared to analyst estimates of $320.19 million. The firm’s quarterly revenue was up 48.3% on a year-over-year basis. During the same period in the previous year, the business posted ($0.21) EPS. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Equities analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current year.

Rubrik 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).