China Universal Asset Management Co. Ltd. Takes $762,000 Position in Rubrik, Inc. $RBRK

China Universal Asset Management Co. Ltd. acquired a new position in Rubrik, Inc. (NYSE:RBRK) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,500 shares of the company’s stock, valued at approximately $762,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RBRK. Allworth Financial LP raised its stake in shares of Rubrik by 1,030.8% during the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock valued at $26,000 after buying an additional 268 shares during the last quarter. ST Germain D J Co. Inc. acquired a new stake in Rubrik during the second quarter worth about $27,000. Beacon Capital Management LLC purchased a new position in Rubrik during the second quarter valued at approximately $29,000. PNC Financial Services Group Inc. acquired a new position in Rubrik in the first quarter valued at approximately $30,000. Finally, Summit Securities Group LLC purchased a new stake in Rubrik in the 1st quarter worth approximately $31,000. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions 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 stock was 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 in the company, valued at approximately $24,751,112.88. The trade was a 10.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Wendell Thompson sold 9,009 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $82.76, for a total value of $745,584.84. Following the completion of the transaction, the director directly owned 998 shares of the company’s stock, valued at approximately $82,594.48. This represents a 90.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 129,466 shares of company stock worth $10,006,286 over the last three months. 32.38% of the stock is owned by insiders.

Rubrik Stock Down 6.2%

RBRK opened at $81.67 on Monday. The firm’s fifty day simple moving average is $75.94 and its two-hundred day simple moving average is $83.39. Rubrik, Inc. has a 52-week low of $47.35 and a 52-week high of $103.00. The company has a market cap of $16.35 billion, a price-to-earnings ratio of -41.88 and a beta of 0.33.

Rubrik (NYSE:RBRK) last released its quarterly 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 company had revenue of $350.17 million for the quarter, compared to analyst estimates 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 company earned ($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. On average, research analysts forecast that Rubrik, Inc. will post -7.66 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on RBRK. Mizuho raised shares of 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. Berenberg Bank began coverage on shares of Rubrik in a research report on Tuesday, November 18th. They set a “buy” rating and a $114.00 price target on the stock. Guggenheim set a $110.00 price objective on shares of Rubrik in a research report on Friday, December 5th. Oppenheimer started coverage on shares of Rubrik in a research note on Monday, November 17th. They set a “market perform” rating on the stock. Finally, William Blair upgraded Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday, December 5th. Twenty research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Rubrik has an average rating of “Moderate Buy” and an average price target of $114.94.

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.