Amundi Grows Stock Holdings in Rubrik, Inc. $RBRK

Amundi boosted its position in Rubrik, Inc. (NYSE:RBRK) by 0.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 37,116 shares of the company’s stock after acquiring an additional 262 shares during the period. Amundi’s holdings in Rubrik were worth $2,132,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in shares of Rubrik by 3.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 36,741 shares of the company’s stock valued at $2,401,000 after buying an additional 1,363 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Rubrik by 52.3% during the 4th quarter. The Manufacturers Life Insurance Company now owns 12,535 shares of the company’s stock valued at $819,000 after buying an additional 4,303 shares during the period. Northern Trust Corp grew its stake in shares of Rubrik by 47.4% during the 4th quarter. Northern Trust Corp now owns 192,276 shares of the company’s stock valued at $12,567,000 after buying an additional 61,857 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Rubrik by 14.0% during the 4th quarter. Ameriprise Financial Inc. now owns 29,213 shares of the company’s stock valued at $1,909,000 after buying an additional 3,593 shares during the period. Finally, CoreCap Advisors LLC purchased a new stake in shares of Rubrik during the 4th quarter valued at $59,000. 49.54% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Rubrik

In other Rubrik news, CTO Arvind Nithrakashyap sold 43,128 shares of the business’s stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $88.56, for a total value of $3,819,415.68. Following the transaction, the chief technology officer owned 38,122 shares in the company, valued at $3,376,084.32. The trade was a 53.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ravi Mhatre sold 16,984 shares of the business’s stock in a transaction on Monday, June 30th. The stock was sold at an average price of $89.47, for a total transaction of $1,519,558.48. Following the completion of the transaction, the director owned 81,842 shares in the company, valued at $7,322,403.74. This represents a 17.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 210,586 shares of company stock worth $18,542,628 over the last three months. Insiders own 32.38% of the company’s stock.

Rubrik Trading Down 3.4%

Shares of Rubrik stock opened at $78.00 on Friday. The company has a fifty day moving average price of $87.86 and a 200 day moving average price of $79.41. Rubrik, Inc. has a twelve month low of $30.09 and a twelve month high of $103.00. The stock has a market cap of $15.09 billion, a price-to-earnings ratio of -33.33 and a beta of 0.43.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Tuesday, September 9th. The company reported ($0.49) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.15). The company had revenue of $309.86 million for the quarter, compared to analysts’ expectations of $282.26 million. During the same period last year, the business posted ($0.40) earnings per share. The company’s revenue for the quarter was up 44.9% compared to the same quarter last year. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. Analysts forecast that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently issued reports on RBRK shares. UBS Group reissued a “buy” rating on shares of Rubrik in a research note on Friday, June 6th. Wedbush reissued an “outperform” rating and set a $120.00 price objective on shares of Rubrik in a research note on Thursday. Guggenheim boosted their price objective on shares of Rubrik from $105.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, June 6th. Wall Street Zen cut shares of Rubrik from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. Finally, Wells Fargo & Company boosted their price objective on shares of Rubrik from $80.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, June 6th. Sixteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $104.38.

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.