Vanguard Group Inc. Buys 993,634 Shares of Rubrik, Inc. $RBRK

Vanguard Group Inc. increased its stake in Rubrik, Inc. (NYSE:RBRK) by 8.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,016,248 shares of the company’s stock after purchasing an additional 993,634 shares during the quarter. Vanguard Group Inc. owned approximately 0.07% of Rubrik worth $1,070,586,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Allworth Financial LP increased its position in Rubrik by 1,030.8% in the second quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after buying an additional 268 shares during the last quarter. Bogart Wealth LLC grew its stake in shares of Rubrik by 352.2% during the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after acquiring an additional 243 shares during the period. Catalyst Capital Advisors LLC purchased a new stake in Rubrik in the 2nd quarter worth about $36,000. Guerra Advisors Inc purchased a new stake in Rubrik in the 3rd quarter worth about $33,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in Rubrik in the 2nd quarter valued at about $41,000. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on RBRK shares. Oppenheimer assumed coverage on shares of Rubrik in a research report on Monday, November 17th. They set a “market perform” rating for the company. Roth Mkm reaffirmed a “buy” rating on shares of Rubrik in a report on Friday, December 5th. KeyCorp reduced their price objective on shares of Rubrik from $95.00 to $80.00 and set an “overweight” rating for the company in a research note on Tuesday, February 17th. Piper Sandler dropped their target price on Rubrik from $118.00 to $99.00 and set an “overweight” rating on the stock in a research report on Monday, January 5th. Finally, The Goldman Sachs Group cut their price target on Rubrik from $120.00 to $80.00 and set a “buy” rating for the company in a report on Monday, February 9th. Twenty-two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $106.94.

Insider Buying and Selling at Rubrik

In other news, CFO Kiran Kumar Choudary sold 20,000 shares of Rubrik stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $67.66, for a total transaction of $1,353,200.00. Following the completion of the sale, the chief financial officer owned 489,959 shares in the company, valued at approximately $33,150,625.94. This trade represents a 3.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ravi Mhatre sold 101,659 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $81.82, for a total transaction of $8,317,739.38. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 256,887 shares of company stock valued at $19,276,805 over the last 90 days. Insiders own 32.38% of the company’s stock.

Rubrik Price Performance

NYSE RBRK opened at $50.10 on Friday. Rubrik, Inc. has a 1 year low of $47.35 and a 1 year high of $103.00. The stock has a market capitalization of $10.03 billion, a PE ratio of -25.69 and a beta of 0.31. The company’s 50 day simple moving average is $66.20 and its two-hundred day simple moving average is $75.21.

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

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).