5,723 Shares in Rubrik, Inc. $RBRK Acquired by Flow Traders U.S. LLC

Flow Traders U.S. LLC bought a new position in Rubrik, Inc. (NYSE:RBRK) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,723 shares of the company’s stock, valued at approximately $513,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. GGM Financials LLC bought a new position in Rubrik in the second quarter valued at about $8,108,000. Northern Trust Corp raised its position in shares of Rubrik by 23.1% during the 1st quarter. Northern Trust Corp now owns 236,649 shares of the company’s stock valued at $14,431,000 after purchasing an additional 44,373 shares during the period. Bessemer Group Inc. lifted its position in shares of Rubrik by 17.7% in the second quarter. Bessemer Group Inc. now owns 194,911 shares of the company’s stock valued at $17,462,000 after acquiring an additional 29,317 shares in the last quarter. Perpetual Ltd lifted its holdings in Rubrik by 8,282.0% in the 2nd quarter. Perpetual Ltd now owns 587,156 shares of the company’s stock worth $52,603,000 after purchasing an additional 580,151 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its position in shares of Rubrik by 200.2% during the first quarter. Hsbc Holdings PLC now owns 87,358 shares of the company’s stock worth $5,317,000 after acquiring an additional 58,258 shares during the last quarter. 49.54% of the stock is owned by institutional investors.

Insider Activity at Rubrik

In other Rubrik news, insider Brian K. Mccarthy sold 10,000 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $90.83, for a total value of $908,300.00. Following the completion of the sale, the insider directly owned 339,319 shares of the company’s stock, valued at $30,820,344.77. The trade was a 2.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Wendell Thompson sold 9,009 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $68.75, for a total transaction of $619,368.75. Following the completion of the transaction, the director owned 998 shares in the company, valued at $68,612.50. This represents a 90.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 129,466 shares of company stock worth $10,006,286 in the last 90 days. 32.38% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rubrik in a research note on Friday, December 5th. Citigroup dropped their price target on Rubrik from $117.00 to $115.00 and set a “buy” rating for the company in a research report on Monday. Piper Sandler restated an “overweight” rating and set a $118.00 price objective (up from $115.00) on shares of Rubrik in a research report on Friday, December 5th. Berenberg Bank initiated coverage on Rubrik in a research note on Tuesday, November 18th. They issued a “buy” rating and a $114.00 price objective for the company. Finally, Mizuho upgraded Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 target price for the company in a report on Monday, November 17th. Twenty 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 stock currently has an average rating of “Moderate Buy” and an average target price of $114.94.

Rubrik Stock Down 1.3%

RBRK opened at $90.08 on Thursday. The business has a fifty day moving average of $75.91 and a 200 day moving average of $83.59. The stock has a market cap of $17.79 billion, a P/E ratio of -46.20 and a beta of 0.32. Rubrik, Inc. has a 52-week low of $47.35 and a 52-week high of $103.00.

Rubrik (NYSE:RBRK) last released its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.26. The business had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. The firm’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same quarter last year, the business posted ($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. Equities analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

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.