Rubrik, Inc. $RBRK Shares Acquired by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd increased its holdings in Rubrik, Inc. by 370.4% during the first quarter, owning a total of 17,644 shares worth approximately $1.076 million.
• Several major investors, including Bank of America Corp DE, significantly raised their positions in Rubrik during the fourth quarter, boosting its institutional ownership to nearly 49.54%.
• Rubrik reported a 48.7% year-over-year increase in quarterly revenue, surpassing analyst expectations with $278.48 million, while also beating earnings per share estimates.

Dynamic Technology Lab Private Ltd raised its stake in shares of Rubrik, Inc. (NYSE:RBRK - Free Report) by 370.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,644 shares of the company's stock after purchasing an additional 13,893 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Rubrik were worth $1,076,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. PharVision Advisers LLC boosted its holdings in shares of Rubrik by 26.6% in the 1st quarter. PharVision Advisers LLC now owns 3,908 shares of the company's stock valued at $238,000 after acquiring an additional 820 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Rubrik by 31.6% in the 1st quarter. NewEdge Advisors LLC now owns 1,250 shares of the company's stock worth $76,000 after acquiring an additional 300 shares in the last quarter. Amundi increased its holdings in Rubrik by 0.7% in the 1st quarter. Amundi now owns 37,116 shares of the company's stock worth $2,132,000 after acquiring an additional 262 shares in the last quarter. Alyeska Investment Group L.P. purchased a new stake in Rubrik in the 1st quarter worth $14,151,000. Finally, Alkeon Capital Management LLC boosted its stake in Rubrik by 40.0% during the 1st quarter. Alkeon Capital Management LLC now owns 700,000 shares of the company's stock worth $42,686,000 after purchasing an additional 200,000 shares during the last quarter. Institutional investors and hedge funds own 49.54% of the company's stock.

Insider Activity at Rubrik

In related news, CRO Brian K. Mccarthy sold 25,000 shares of the firm's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $85.97, for a total transaction of $2,149,250.00. Following the completion of the transaction, the executive directly owned 431,052 shares in the company, valued at $37,057,540.44. This trade represents a 5.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ravi Mhatre sold 16,984 shares of the firm's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $89.47, for a total value of $1,519,558.48. Following the transaction, the director owned 81,842 shares of the company's stock, valued at $7,322,403.74. This trade represents a 17.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 910,586 shares of company stock worth $82,305,628 over the last ninety days. Company insiders own 32.38% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on RBRK. Guggenheim upped their price objective on shares of Rubrik from $105.00 to $108.00 and gave the company a "buy" rating in a research note on Friday, June 6th. Oppenheimer reaffirmed a "market perform" rating on shares of Rubrik in a research note on Friday, June 6th. Barclays upped their target price on Rubrik from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Wednesday. UBS Group reiterated a "buy" rating on shares of Rubrik in a report on Friday, June 6th. Finally, Rosenblatt Securities lifted their price target on Rubrik from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Wednesday. Fifteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, Rubrik has an average rating of "Moderate Buy" and an average price target of $104.06.

Rubrik Price Performance

Shares of RBRK stock traded down $17.41 during trading hours on Wednesday, hitting $81.09. The company had a trading volume of 18,653,748 shares, compared to its average volume of 2,601,865. The company's fifty day moving average is $88.06 and its 200 day moving average is $79.34. Rubrik, Inc. has a fifty-two week low of $30.09 and a fifty-two week high of $103.00. The stock has a market capitalization of $15.69 billion, a PE ratio of -34.66 and a beta of 0.43.

Rubrik (NYSE:RBRK - Get Free Report) last issued its quarterly earnings data on Tuesday, September 9th. The company reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.15). The firm had revenue of $309.86 million for the quarter, compared to analysts' expectations of $282.26 million. During the same quarter in the prior year, the company posted ($0.40) EPS. The business's revenue was up 44.9% on a year-over-year basis. Rubrik has set its Q3 2026 guidance at -0.180--0.160 EPS. FY 2026 guidance at -0.500--0.440 EPS. Equities analysts forecast that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Rubrik Profile

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.