Citigroup Inc. Acquires 70,504 Shares of Rubrik, Inc. $RBRK

Citigroup Inc. lifted its holdings in Rubrik, Inc. (NYSE:RBRK) by 210.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 104,041 shares of the company’s stock after purchasing an additional 70,504 shares during the period. Citigroup Inc. owned about 0.05% of Rubrik worth $8,557,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. NewEdge Advisors LLC raised its stake in Rubrik by 12.0% in the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after buying an additional 150 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of Rubrik by 24.3% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock valued at $94,000 after acquiring an additional 224 shares during the period. Creative Planning increased its holdings in shares of Rubrik by 5.3% in the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after acquiring an additional 236 shares during the period. Advisors Asset Management Inc. raised its position in shares of Rubrik by 68.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 588 shares of the company’s stock worth $53,000 after acquiring an additional 239 shares in the last quarter. Finally, Bogart Wealth LLC lifted its stake in shares of Rubrik by 352.2% during the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after purchasing an additional 243 shares during the last quarter. 49.54% of the stock is owned by hedge funds and other institutional investors.

Rubrik Stock Down 4.6%

Shares of NYSE:RBRK opened at $51.84 on Monday. Rubrik, Inc. has a 52-week low of $46.36 and a 52-week high of $103.00. The stock has a market cap of $10.38 billion, a price-to-earnings ratio of -26.58 and a beta of 0.46. The business has a 50-day moving average price of $63.62 and a 200-day moving average price of $73.80.

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

Insider Activity at Rubrik

In other Rubrik news, Director John Wendell Thompson sold 11,000 shares of Rubrik stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $73.84, for a total transaction of $812,240.00. Following the completion of the transaction, the director owned 2,702 shares in the company, valued at approximately $199,515.68. This trade represents a 80.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 transaction, the insider directly owned 339,319 shares of the company’s stock, valued at approximately $30,820,344.77. This trade represents a 2.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 247,878 shares of company stock valued at $18,657,436 over the last ninety days. Corporate insiders own 32.38% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on RBRK shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rubrik in a research note on Monday, December 29th. William Blair raised shares of Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday, December 5th. Berenberg Bank assumed coverage on shares of Rubrik in a research note on Tuesday, November 18th. They set a “buy” rating and a $114.00 price objective for the company. Rosenblatt Securities raised their target price on shares of Rubrik from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Finally, Truist Financial reduced their price target on Rubrik from $110.00 to $80.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Rubrik presently has an average rating of “Moderate Buy” and an average price target of $104.74.

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).