Bessemer Group Inc. Has $30,000 Stock Position in Rubrik, Inc. $RBRK

Bessemer Group Inc. decreased its position in shares of Rubrik, Inc. (NYSE:RBRK) by 99.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 362 shares of the company’s stock after selling 194,549 shares during the quarter. Bessemer Group Inc.’s holdings in Rubrik were worth $30,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Strs Ohio grew its position in Rubrik by 90.8% in the 3rd quarter. Strs Ohio now owns 62,300 shares of the company’s stock worth $5,124,000 after purchasing an additional 29,649 shares in the last quarter. GGM Financials LLC bought a new stake in Rubrik in the second quarter worth about $8,108,000. WCM Investment Management LLC bought a new stake in Rubrik in the third quarter worth about $4,717,000. Truist Financial Corp boosted its stake in Rubrik by 1,228.3% in the third quarter. Truist Financial Corp now owns 40,752 shares of the company’s stock valued at $3,352,000 after acquiring an additional 37,684 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its position in shares of Rubrik by 471.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 50,614 shares of the company’s stock valued at $4,181,000 after acquiring an additional 41,756 shares during the period. Institutional investors and hedge funds own 49.54% of the company’s stock.

Insider Activity at Rubrik

In other Rubrik news, CTO Arvind Nithrakashyap sold 4,648 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $70.40, for a total transaction of $327,219.20. Following the completion of the sale, the chief technology officer directly owned 337,010 shares in the company, valued at $23,725,504. The trade was a 1.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $70.88, for a total value of $708,800.00. Following the completion of the sale, the insider owned 330,772 shares of the company’s stock, valued at $23,445,119.36. This trade represents a 2.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 240,387 shares of company stock worth $18,436,515. 32.38% of the stock is owned by insiders.

Rubrik Stock Up 2.5%

Shares of Rubrik stock opened at $54.52 on Monday. The company’s fifty day simple moving average is $69.65 and its two-hundred day simple moving average is $76.41. Rubrik, Inc. has a 12-month low of $47.35 and a 12-month high of $103.00. The firm has a market cap of $10.91 billion, a PE ratio of -27.96 and a beta of 0.33.

Rubrik (NYSE:RBRK) last posted its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The firm had revenue of $350.17 million for the quarter, compared to analysts’ expectations of $320.19 million. The business’s revenue for the quarter was up 48.3% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, sell-side analysts expect that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

RBRK has been the subject of several research reports. KeyCorp reduced their price objective on Rubrik from $113.00 to $95.00 and set an “overweight” rating for the company in a report on Monday, January 12th. Oppenheimer began coverage on Rubrik in a research note on Monday, November 17th. They set a “market perform” rating on the stock. Guggenheim set a $110.00 price objective on shares of Rubrik in a research note on Friday, December 5th. Berenberg Bank started coverage on shares of Rubrik in a research report on Tuesday, November 18th. They set a “buy” rating and a $114.00 price target for the company. Finally, Robert W. Baird raised their price objective on shares of Rubrik from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $110.39.

Rubrik Company 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).