17,000 Shares in Rubrik, Inc. $RBRK Bought by Buckland Partners Management Co LLC

Key Points

• Buckland Partners Management purchased 17,000 Rubrik shares worth approximately $1.365 million during the second quarter. Institutional investors collectively own 49.54% of the company.
• Rubrik reported quarterly revenue of $387.07 million, up 39% year over year, and adjusted earnings of $0.16 per share, beating analyst expectations. The company issued fiscal 2027 EPS guidance of $0.25–$0.35.
• Analyst sentiment remains positive, with 29 Buy ratings and one Sell rating, producing a consensus “Moderate Buy” rating and a $94.20 price target. However, insiders have sold roughly $26.4 million in stock over the past 90 days.

Buckland Partners Management Co LLC bought a new stake in Rubrik, Inc. (NYSE:RBRK - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 17,000 shares of the company's stock, valued at approximately $1,365,000.

Other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its holdings in Rubrik by 12.0% in the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company's stock valued at $125,000 after buying an additional 150 shares during the period. Atlantic Union Bankshares Corp grew its stake in Rubrik by 100.0% during the fourth quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company's stock worth $31,000 after buying an additional 200 shares during the period. Creative Planning grew its stake in Rubrik by 5.3% during the second quarter. Creative Planning now owns 4,668 shares of the company's stock worth $418,000 after buying an additional 236 shares during the period. Moors & Cabot Inc. increased its position in shares of Rubrik by 9.2% in the fourth quarter. Moors & Cabot Inc. now owns 3,337 shares of the company's stock worth $255,000 after acquiring an additional 282 shares in the last quarter. Finally, Essential Partners LLC increased its position in shares of Rubrik by 99.3% in the first quarter. Essential Partners LLC now owns 570 shares of the company's stock worth $28,000 after acquiring an additional 284 shares in the last quarter. Hedge funds and other institutional investors own 49.54% of the company's stock.

Insider Transactions at Rubrik

In other news, CTO Arvind Nithrakashyap sold 12,820 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $83.71, for a total value of $1,073,162.20. Following the completion of the sale, the chief technology officer directly owned 293,293 shares in the company, valued at approximately $24,551,557.03. The trade was a 4.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Wendell Thompson sold 2,500 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $74.11, for a total value of $185,275.00. Following the sale, the director directly owned 10,000 shares in the company, valued at approximately $741,100. This represents a 20.00% 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 have sold a total of 317,682 shares of company stock valued at $26,402,176 over the last 90 days. Insiders own 13.66% of the company's stock.

Rubrik Stock Performance

NYSE:RBRK opened at $101.48 on Tuesday. Rubrik, Inc. has a one year low of $42.25 and a one year high of $106.50. The business's 50-day simple moving average is $79.87 and its 200 day simple moving average is $64.73. The stock has a market cap of $20.89 billion, a price-to-earnings ratio of -69.99 and a beta of 1.17.

Rubrik (NYSE:RBRK - Get Free Report) last released its quarterly earnings results on Thursday, June 4th. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of ($0.03) by $0.19. The company had revenue of $387.07 million for the quarter, compared to analyst estimates of $366.31 million. During the same period in the previous year, the business posted ($0.15) EPS. The firm's quarterly revenue was up 39.0% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. On average, equities research analysts predict that Rubrik, Inc. will post -1.16 EPS for the current year.

Wall Street Analysts Forecast Growth

RBRK has been the subject of several recent research reports. Guggenheim reiterated a "buy" rating on shares of Rubrik in a report on Friday, June 5th. KeyCorp boosted their price objective on Rubrik from $88.00 to $100.00 and gave the stock an "overweight" rating in a research note on Thursday, July 16th. UBS Group reaffirmed a "buy" rating on shares of Rubrik in a research report on Monday, June 1st. Oppenheimer increased their target price on Rubrik from $85.00 to $90.00 and gave the company an "outperform" rating in a research note on Friday, June 5th. Finally, Stephens restated an "overweight" rating and issued a $90.00 price target on shares of Rubrik in a report on Monday, June 15th. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.20.

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).

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