Hillsdale Investment Management Inc. Increases Stock Position in Rubrik, Inc. $RBRK

Hillsdale Investment Management Inc. raised its stake in shares of Rubrik, Inc. (NYSE:RBRK) by 61.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,400 shares of the company’s stock after purchasing an additional 16,500 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Rubrik were worth $3,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in RBRK. Vanguard Group Inc. lifted its holdings in shares of Rubrik by 73.1% during the 2nd quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock worth $1,077,106,000 after acquiring an additional 5,077,513 shares during the last quarter. Norges Bank bought a new position in Rubrik in the second quarter valued at $219,132,000. First Trust Advisors LP raised its position in Rubrik by 44.8% during the second quarter. First Trust Advisors LP now owns 4,462,705 shares of the company’s stock valued at $399,814,000 after purchasing an additional 1,380,941 shares in the last quarter. Acadian Asset Management LLC lifted its stake in Rubrik by 388.7% during the second quarter. Acadian Asset Management LLC now owns 1,555,252 shares of the company’s stock worth $139,309,000 after purchasing an additional 1,237,014 shares during the last quarter. Finally, Federated Hermes Inc. lifted its stake in Rubrik by 101.8% during the third quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock worth $200,506,000 after purchasing an additional 1,229,476 shares during the last quarter. Institutional investors own 49.54% of the company’s stock.

Rubrik Price Performance

Shares of Rubrik stock opened at $50.10 on Monday. Rubrik, Inc. has a one year low of $47.35 and a one year high of $103.00. The business’s 50 day simple moving average is $66.20 and its two-hundred day simple moving average is $75.09. The stock has a market capitalization of $10.03 billion, a P/E ratio of -25.69 and a beta of 0.33.

Rubrik (NYSE:RBRK) last issued its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.26. The firm had revenue of $350.17 million during the quarter, compared to the consensus estimate of $320.19 million. During the same quarter in the prior year, the business posted ($0.21) EPS. The firm’s revenue for the quarter was up 48.3% on a year-over-year basis. 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 expect that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on RBRK. Rosenblatt Securities increased their price objective on Rubrik from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rubrik in a research note on Monday, December 29th. Mizuho reduced their price target on shares of Rubrik from $97.00 to $80.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 17th. KeyCorp decreased their price target on shares of Rubrik from $95.00 to $80.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 17th. Finally, BMO Capital Markets cut their price objective on shares of Rubrik from $110.00 to $105.00 and set an “outperform” rating for the company in a research note on Friday, December 5th. Twenty-two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Rubrik currently has an average rating of “Moderate Buy” and a consensus price target of $106.94.

Insider Activity

In other news, insider Brian K. Mccarthy sold 10,000 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $90.83, for a total transaction of $908,300.00. Following the completion of the sale, the insider directly owned 339,319 shares in the company, valued at approximately $30,820,344.77. This represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Kiran Kumar Choudary sold 20,000 shares of the business’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $67.66, for a total value of $1,353,200.00. Following the transaction, the chief financial officer owned 489,959 shares in the company, valued at approximately $33,150,625.94. This represents a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 256,887 shares of company stock valued at $19,276,805. 32.38% of the stock is owned by corporate insiders.

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).