11,241 Shares of Rubrik, Inc. $RBRK Acquired by Stableford Capital II LLC

Key Points

• Stableford Capital II LLC acquired 11,241 Rubrik shares worth approximately $1.29 million, while other institutional investors also increased their positions. Institutional investors and hedge funds now own 49.54% of Rubrik.
• Analysts remain broadly bullish, with 28 Buy ratings and one Sell rating. Rubrik’s consensus rating is “Moderate Buy,” with an average price target of $114.42.
• Rubrik reported strong quarterly results, including 43.9% year-over-year revenue growth to $427.3 million and adjusted EPS of $0.20, beating estimates. However, insiders sold $13.85 million of stock over the past three months, including sales by the CTO and a director under pre-arranged trading plans.

Stableford Capital II LLC acquired a new position in shares of Rubrik, Inc. (NYSE:RBRK - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,241 shares of the company's stock, valued at approximately $1,287,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA lifted its position in shares of Rubrik by 104.1% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,325,503 shares of the company's stock valued at $162,572,000 after acquiring an additional 1,696,342 shares during the period. Congress Asset Management Co. increased its stake in Rubrik by 32.6% in the 3rd quarter. Congress Asset Management Co. now owns 715,550 shares of the company's stock valued at $81,909,000 after purchasing an additional 175,866 shares in the last quarter. Atreides Management LP increased its position in shares of Rubrik by 18.9% in the fourth quarter. Atreides Management LP now owns 895,029 shares of the company's stock valued at $68,452,000 after buying an additional 142,277 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Rubrik by 48.8% during the 2nd quarter. Wellington Management Group LLP now owns 731,736 shares of the company's stock worth $58,744,000 after purchasing an additional 240,062 shares in the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Rubrik by 1,284.7% during the 1st quarter. SG Americas Securities LLC now owns 1,171,286 shares of the company's stock worth $57,358,000 after purchasing an additional 1,086,697 shares during the last quarter. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on RBRK shares. DA Davidson increased their target price on Rubrik from $90.00 to $115.00 and gave the company a "buy" rating in a report on Friday, August 28th. UBS Group reissued a "buy" rating and issued a $106.00 price target on shares of Rubrik in a report on Wednesday, August 19th. Oppenheimer set a $120.00 price objective on Rubrik in a research report on Thursday, August 20th. BTIG Research increased their price objective on Rubrik from $109.00 to $125.00 and gave the company a "buy" rating in a research note on Friday, August 28th. Finally, Citigroup lifted their price objective on Rubrik from $96.00 to $130.00 and gave the stock a "buy" rating in a research report on Friday, August 28th. Twenty-eight equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $114.42.

Insiders Place Their Bets

In other Rubrik news, CTO Arvind Nithrakashyap sold 12,820 shares of the firm's stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $124.14, for a total value of $1,591,474.80. Following the sale, the chief technology officer directly owned 272,538 shares of the company's stock, valued at approximately $33,832,867.32. This trade represents a 4.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 721 shares of the firm's stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $119.00, for a total value of $85,799.00. Following the completion of the sale, the director directly owned 2,988 shares in the company, valued at approximately $355,572. The trade was a 19.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 143,562 shares of company stock worth $13,846,469 in the last three months. Company insiders own 13.66% of the company's stock.

Rubrik Stock Performance

Shares of NYSE RBRK opened at $121.17 on Friday. Rubrik, Inc. has a 1 year low of $42.25 and a 1 year high of $127.90. The firm's 50 day moving average price is $100.71 and its 200 day moving average price is $78.16. The firm has a market cap of $25.12 billion, a P/E ratio of -96.17 and a beta of 1.12.

Rubrik (NYSE:RBRK - Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.16. The business had revenue of $427.26 million during the quarter, compared to analyst estimates of $396.30 million. During the same quarter last year, the firm posted ($0.03) earnings per share. The company's revenue was up 43.9% on a year-over-year basis. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. As a group, equities analysts predict that Rubrik, Inc. will post -1.19 EPS for the current year.

Key Stories Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik expanded Project Hourglass with Rubrik Code Guardian, a code-security tool powered by Anthropic’s Claude. The offering is designed to help identify and address security risks in software development, broadening Rubrik’s opportunity beyond data backup and cyber recovery. Rubrik Expands Project Hourglass with Rubrik Code Guardian, Powered by Claude
• Positive Sentiment: Additional global systems-integrator partners—including AHEAD, Trace3 and World Wide Technology—joined Project Hourglass. The broader partner ecosystem could improve Rubrik’s enterprise distribution and support adoption of its AI operations and security products. Rubrik expands Project Hourglass with code security tool in preview
• Positive Sentiment: Rubrik’s healthcare-security push is helping position the company as a broader cyber-resilience provider. Expansion into a highly regulated industry could increase its addressable market and strengthen its enterprise narrative. Is Rubrik’s Healthcare Security Push Reframing Its Core Cyber Resilience Narrative?
• Neutral Sentiment: The stock has reached new highs following strong recent fundamentals: quarterly revenue rose 43.9% year over year to $427.3 million, exceeding estimates, while EPS also beat expectations. However, investors are weighing the growth opportunity against a market capitalization above $25 billion and continued reported losses. How to play Rubrik stock at new all-time highs
• Negative Sentiment: Rubrik’s CTO Arvind Nithrakashyap sold shares worth approximately $1.57 million, following another sale at a higher price. The transactions were executed under a pre-arranged Rule 10b5-1 plan, reducing their negative significance, but repeated insider selling can still pressure sentiment after the sharp rally. Insider Selling: Rubrik CTO Sells Stock
• Negative Sentiment: Director Yvonne Wassenaar also sold 721 shares under a pre-arranged plan. The relatively small transaction is unlikely to affect fundamentals, but adds to the recent pattern of insider selling. Rubrik Director Insider Sale

About Rubrik

Rubrik, Inc is a cybersecurity and data management company that helps organizations protect, manage and recover data across on-premises infrastructure, cloud environments and software-as-a-service applications. Its platform is designed to support data backup, recovery, security monitoring and cyber resilience.

The company's primary offering is Rubrik Security Cloud, a cloud-delivered platform that provides data protection and security capabilities, including policy-based backup, immutable data protection, ransomware recovery, threat monitoring and centralized management.

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