10,720 Shares in Rubrik, Inc. $RBRK Bought by Encompass More Asset Management

Encompass More Asset Management bought a new stake in shares of Rubrik, Inc. (NYSE:RBRK) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,720 shares of the company’s stock, valued at approximately $882,000.

Several other institutional investors have also added to or reduced their stakes in the business. NewEdge Advisors LLC increased its holdings in shares of Rubrik by 12.0% during the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock valued at $125,000 after acquiring an additional 150 shares in the last quarter. Creative Planning grew its position in Rubrik by 5.3% during the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock worth $418,000 after purchasing an additional 236 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Rubrik by 68.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 588 shares of the company’s stock valued at $53,000 after purchasing an additional 239 shares in the last quarter. Amundi raised its holdings in shares of Rubrik by 0.7% in the first quarter. Amundi now owns 37,116 shares of the company’s stock worth $2,132,000 after buying an additional 262 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Rubrik by 1,030.8% during 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 period. Institutional investors and hedge funds own 49.54% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on RBRK. Cantor Fitzgerald cut their target price on Rubrik from $115.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 3rd. Barclays boosted their price target on Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. BMO Capital Markets reduced their price objective on Rubrik from $110.00 to $105.00 and set an “outperform” rating for the company in a research note on Friday, December 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rubrik in a report on Monday, December 22nd. Finally, Robert W. Baird increased their price target on shares of Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Twenty equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Rubrik has a consensus rating of “Moderate Buy” and a consensus target price of $114.94.

Insider Activity

In related news, CTO Arvind Nithrakashyap sold 31,450 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $76.19, for a total value of $2,396,175.50. Following the completion of the transaction, the chief technology officer directly owned 342,703 shares in the company, valued at $26,110,541.57. The trade was a 8.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John Wendell Thompson sold 9,009 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $82.76, for a total transaction of $745,584.84. Following the sale, the director owned 998 shares in the company, valued at approximately $82,594.48. This represents a 90.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 222,712 shares of company stock worth $17,800,277. 32.38% of the stock is currently owned by corporate insiders.

Rubrik Stock Down 0.2%

Shares of RBRK stock opened at $78.67 on Monday. Rubrik, Inc. has a 52-week low of $47.35 and a 52-week high of $103.00. The stock has a market cap of $15.74 billion, a PE ratio of -40.34 and a beta of 0.33. The business has a 50-day simple moving average of $75.32 and a 200-day simple moving average of $82.16.

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

Rubrik 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).