Integrated Wealth Concepts LLC Increases Position in Rubrik, Inc. $RBRK

Key Points

• Institutional interest in Rubrik increased: Integrated Wealth Concepts raised its position by 181.9% in the second quarter to 21,471 shares valued at approximately $1.72 million. Institutional investors and hedge funds now own 49.54% of the company.
• Rubrik exceeded quarterly expectations: The company reported adjusted earnings of $0.20 per share versus the $0.04 consensus estimate, while revenue rose 43.9% year over year to $427.26 million.
• Analyst sentiment remains bullish, but valuation is elevated: Twenty-eight analysts rate RBRK a Buy, with an average price target of $113.31, though insiders have sold shares recently and investors remain concerned that slower growth could pressure the stock’s high valuation.

Integrated Wealth Concepts LLC grew its position in Rubrik, Inc. (NYSE:RBRK - Free Report) by 181.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,471 shares of the company's stock after purchasing an additional 13,854 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Rubrik were worth $1,724,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC grew its stake in shares of Rubrik by 3,699.4% during the second quarter. NewEdge Advisors LLC now owns 6,649 shares of the company's stock worth $534,000 after purchasing an additional 6,474 shares in the last quarter. IFP Advisors Inc raised its stake in Rubrik by 30.7% in the second quarter. IFP Advisors Inc now owns 12,599 shares of the company's stock valued at $1,011,000 after buying an additional 2,958 shares in the last quarter. Allworth Financial LP raised its stake in Rubrik by 792.6% in the second quarter. Allworth Financial LP now owns 10,327 shares of the company's stock valued at $829,000 after buying an additional 9,170 shares in the last quarter. Arizona State Retirement System lifted its holdings in Rubrik by 4.1% during the 2nd quarter. Arizona State Retirement System now owns 42,187 shares of the company's stock worth $3,387,000 after buying an additional 1,670 shares during the last quarter. Finally, West Family Investments Inc. purchased a new stake in Rubrik during the 2nd quarter worth about $348,000. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Rubrik news, CTO Arvind Nithrakashyap sold 12,820 shares of the business's stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $84.58, for a total value of $1,084,315.60. Following the completion of the sale, the chief technology officer owned 303,611 shares in the company, valued at approximately $25,679,418.38. The trade was a 4.05% decrease in their ownership of the stock. The sale was disclosed in a 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, CFO Kiran Choudary sold 10,000 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $98.32, for a total value of $983,200.00. Following the completion of the sale, the chief financial officer directly owned 978,073 shares of the company's stock, valued at $96,164,137.36. The trade was a 1.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 138,217 shares of company stock valued at $11,706,692 over the last quarter. Company insiders own 13.66% of the company's stock.

Rubrik Stock Performance

Shares of RBRK stock opened at $103.47 on Wednesday. The stock's 50-day moving average is $88.27 and its two-hundred day moving average is $70.85. Rubrik, Inc. has a 1 year low of $42.25 and a 1 year high of $107.91. The firm has a market cap of $21.45 billion, a price-to-earnings ratio of -82.12 and a beta of 1.24.

Rubrik (NYSE:RBRK - Get Free Report) last posted its 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 firm had revenue of $427.26 million during the quarter, compared to analysts' expectations of $396.30 million. The firm's revenue for the quarter was up 43.9% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.03) earnings per share. 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, research analysts predict that Rubrik, Inc. will post -1.19 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on RBRK shares. Guggenheim increased their price objective on Rubrik from $110.00 to $116.00 and gave the company a "buy" rating in a report on Monday, August 24th. Canadian Imperial Bank of Commerce restated an "outperform" rating on shares of Rubrik in a research note on Monday, August 31st. KeyCorp upped their price target on Rubrik from $112.00 to $120.00 and gave the company an "overweight" rating in a report on Friday, August 28th. Stephens reiterated an "overweight" rating on shares of Rubrik in a research note on Friday, August 28th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Rubrik in a research note on Wednesday, August 19th. Twenty-eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $113.31.

More Rubrik News

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: AI code-security launch strengthens Rubrik’s product story. Rubrik introduced Code Guardian, a tool built with Anthropic’s Claude Mythos 5 that uses an air-gapped copy of a customer’s code repository to identify attack paths, red-team software, and prioritize cyber risks before attackers exploit them. The launch positions Rubrik to benefit from rising concerns about autonomous AI agents and software vulnerabilities. Rubrik Unveils Rubrik Code Guardian
• Positive Sentiment: Expanded AI integration could broaden platform adoption. Rubrik also added Model Context Protocol support, intended to improve access to its agentic cyber-resilience capabilities. Investors may view the move as helping Rubrik integrate more deeply into customers’ AI and security workflows. Rubrik Adds New MCP Support
• Positive Sentiment: Analyst expectations have improved. Rubrik’s consensus price target reportedly rose 11.53% to $122.31, implying further upside from recent trading levels. Commentary also highlights subscription ARR growth, net retention above 119%, expanding margins, and strong recent quarterly results. Rubrik consensus price target increased
• Neutral Sentiment: Valuation and potential growth deceleration remain key risks. Investors are debating how much future slowdown is already reflected in RBRK’s elevated valuation after its substantial rally. Although AI-driven cybersecurity demand remains a major tailwind, any moderation in growth or execution could limit additional upside. How Much Slowdown Is Rubrik Stock Priced For?

Rubrik Company Profile

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

The company's principal offering, Rubrik Security Cloud, provides centralized capabilities for data protection and cyber recovery. The platform helps organizations identify sensitive data, monitor for threats, maintain secure backups and restore systems following events such as ransomware attacks, operational failures or other disruptions.

Rubrik was founded in 2014 by Bipul Sinha, Arvind Nithrakashyap and Soham Mazumdar.

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