Janney Montgomery Scott LLC Takes $633,000 Position in Rubrik, Inc. $RBRK

Janney Montgomery Scott LLC bought a new stake in shares of Rubrik, Inc. (NYSE:RBRK) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 7,065 shares of the company’s stock, valued at approximately $633,000.

Several other institutional investors have also made changes to their positions in the business. Smith Anglin Financial LLC boosted its position in shares of Rubrik by 33.8% during the 2nd quarter. Smith Anglin Financial LLC now owns 8,262 shares of the company’s stock valued at $740,000 after acquiring an additional 2,085 shares in the last quarter. Beacon Capital Management LLC acquired a new stake in shares of Rubrik during the 2nd quarter valued at about $29,000. ORG Partners LLC boosted its position in shares of Rubrik by 1,622.2% during the 2nd quarter. ORG Partners LLC now owns 775 shares of the company’s stock valued at $66,000 after acquiring an additional 730 shares in the last quarter. ST Germain D J Co. Inc. acquired a new position in Rubrik in the second quarter valued at about $27,000. Finally, Owen LaRue LLC acquired a new position in Rubrik in the second quarter valued at about $1,290,000. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Rubrik

In related news, CTO Arvind Nithrakashyap sold 40,170 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $74.21, for a total transaction of $2,981,015.70. Following the completion of the sale, the chief technology officer directly owned 333,528 shares of the company’s stock, valued at $24,751,112.88. The trade was a 10.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $83.03, for a total transaction of $830,300.00. Following the completion of the sale, the insider directly owned 359,319 shares of the company’s stock, valued at $29,834,256.57. The trade was a 2.71% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 137,966 shares of company stock valued at $11,192,544. 32.38% of the stock is currently owned by corporate insiders.

Rubrik Price Performance

RBRK opened at $78.59 on Friday. The company has a market cap of $15.52 billion, a price-to-earnings ratio of -33.59 and a beta of 0.24. The firm has a 50 day simple moving average of $83.99 and a 200 day simple moving average of $82.21. Rubrik, Inc. has a fifty-two week low of $37.38 and a fifty-two week high of $103.00.

Rubrik (NYSE:RBRK) last posted its quarterly earnings results on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.31. The business had revenue of $309.86 million for the quarter, compared to the consensus estimate of $282.25 million. The company’s quarterly revenue was up 44.9% on a year-over-year basis. During the same period last year, the firm earned ($0.40) earnings per share. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. As a group, analysts expect that Rubrik, Inc. will post -7.66 EPS for the current year.

Analyst Ratings Changes

RBRK has been the topic of a number of recent analyst reports. Wedbush restated an “outperform” rating and issued a $120.00 price target on shares of Rubrik in a research report on Thursday, September 11th. Weiss Ratings restated a “sell (d)” rating on shares of Rubrik in a research report on Wednesday, October 8th. Barclays boosted their price target on shares of Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. CIBC raised their target price on Rubrik from $125.00 to $130.00 and gave the company an “outperformer” rating in a research note on Thursday, September 11th. Finally, FBN Securities restated an “outperform” rating on shares of Rubrik in a research note on Wednesday, September 10th. Sixteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $108.67.

Rubrik Company Profile

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.