Algert Global LLC Sells 33,384 Shares of Rubrik, Inc. $RBRK

Algert Global LLC trimmed its position in Rubrik, Inc. (NYSE:RBRK) by 21.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 124,101 shares of the company’s stock after selling 33,384 shares during the period. Algert Global LLC owned 0.06% of Rubrik worth $10,207,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Alliancebernstein L.P. grew its position in shares of Rubrik by 37.3% in the 3rd quarter. Alliancebernstein L.P. now owns 773,730 shares of the company’s stock worth $63,639,000 after buying an additional 210,109 shares during the period. Creative Planning lifted its position in Rubrik by 315.3% during the 3rd quarter. Creative Planning now owns 19,388 shares of the company’s stock valued at $1,595,000 after acquiring an additional 14,720 shares during the period. Lazard Asset Management LLC boosted its stake in Rubrik by 6.6% during the third quarter. Lazard Asset Management LLC now owns 7,847 shares of the company’s stock worth $645,000 after acquiring an additional 488 shares in the last quarter. AQR Capital Management LLC bought a new stake in Rubrik during the third quarter worth about $97,828,000. Finally, Amundi grew its holdings in Rubrik by 900.2% in the third quarter. Amundi now owns 494,398 shares of the company’s stock worth $40,644,000 after purchasing an additional 444,968 shares during the period. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on RBRK shares. Barclays lowered their target price on shares of Rubrik from $100.00 to $70.00 and set an “overweight” rating for the company in a report on Tuesday, March 3rd. Oppenheimer initiated coverage on Rubrik in a research report on Monday, November 17th. They set a “market perform” rating for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rubrik in a research note on Monday, December 29th. Wedbush dropped their target price on Rubrik from $120.00 to $90.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Berenberg Bank initiated coverage on Rubrik in a research note on Tuesday, November 18th. They issued a “buy” rating and a $114.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $92.89.

Insider Activity at Rubrik

In related news, insider Brian K. Mccarthy sold 10,000 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $70.88, for a total transaction of $708,800.00. Following the transaction, the insider owned 330,772 shares in the company, valued at $23,445,119.36. This represents a 2.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kiran Kumar Choudary sold 20,000 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $67.66, for a total transaction 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 trade represents a 3.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 146,219 shares of company stock worth $9,834,982 over the last quarter. 32.38% of the stock is currently owned by insiders.

Rubrik Stock Down 1.2%

Shares of RBRK opened at $53.35 on Monday. The company has a market capitalization of $10.68 billion, a P/E ratio of -30.14 and a beta of 0.46. The firm has a 50 day moving average of $59.14 and a 200 day moving average of $71.65. Rubrik, Inc. has a twelve month low of $46.36 and a twelve month high of $103.00.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million during the quarter, compared to the consensus estimate of $342.43 million. During the same period last year, the company posted ($0.18) earnings per share. The business’s revenue was up 46.3% compared to the same quarter last year. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. On average, sell-side analysts expect that Rubrik, Inc. will post -7.66 EPS for the current year.

Key Stories Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Q4 beat and raised guidance — Rubrik posted $0.04 adj. EPS (vs. a loss expected) and revenue of $377.7M (+46% YoY), and issued Q1 and FY‑2027 guidance well above Street expectations, which underpins the company’s growth narrative and drove initial upside. Rubrik Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Subscription ARR and execution highlighted — Management called out record subscription ARR growth and improved free‑cash metrics, reinforcing the recurring‑revenue story and the company’s positioning around AI/data resilience. Rubrik Inc (RBRK) Q4 2026 Earnings Call Highlights
• Positive Sentiment: Call‑buyers showing conviction — Unusual options activity (large call purchases) suggests some traders are betting on further upside post‑earnings, adding a tactical bullish signal to intraday flows.
• Neutral Sentiment: Mixed analyst posture — Several firms reaffirmed buy/overweight ratings even as they’d trimmed targets (e.g., Piper Sandler reaffirmed overweight with a lower $84 PT). Ratings support the growth case but reduced PTs reflect more cautious near‑term expectations. Piper Sandler Reaffirms Overweight on Rubrik
• Negative Sentiment: Multiple price‑target cuts — BMO, Wedbush and Wells Fargo cut PTs (to $70, $90 and $90 respectively) despite maintaining outperform/overweight stances; those trims cap upside in the near term and signal caution on valuation/timing. Analyst Price Target Moves
• Negative Sentiment: Soft software market and profit‑taking — Commentary notes that even strong results can be muted when the broader software/tech group is weak; that dynamic, plus short‑term traders locking gains after a big run, helps explain the stock’s pullback. Rubrik posts strong Q4, but ‘rarified air’ isn’t enough to lift shares

About Rubrik

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).