Rubrik, Inc. $RBRK Holdings Lifted by Strs Ohio

Key Points

• Strs Ohio increased its Rubrik stake by 90.8% in Q3 to 62,300 shares, now worth about $5.12 million.
• Company insiders have been net sellers—Director John W. Thompson sold 11,000 shares and CTO Arvind Nithrakashyap sold 4,648 shares, with insiders offloading 249,396 shares worth $19.38M over the past 90 days, though insiders still own 32.38% of the company.
• Rubrik topped the quarter's estimates with EPS of $0.10 (vs. -$0.16 expected) and revenue of $350.17M (up 48.3% y/y), and analysts remain broadly positive with a consensus of Moderate Buy and an average target of $112.18 despite negative FY2026 EPS guidance.

Strs Ohio raised its holdings in Rubrik, Inc. (NYSE:RBRK - Free Report) by 90.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,300 shares of the company's stock after acquiring an additional 29,649 shares during the quarter. Strs Ohio's holdings in Rubrik were worth $5,124,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in RBRK. Allworth Financial LP increased its holdings in shares of Rubrik by 1,030.8% in the second quarter. Allworth Financial LP now owns 294 shares of the company's stock valued at $26,000 after buying an additional 268 shares in the last quarter. Bogart Wealth LLC raised its position in shares of Rubrik by 352.2% during the third quarter. Bogart Wealth LLC now owns 312 shares of the company's stock worth $26,000 after purchasing an additional 243 shares during the period. ST Germain D J Co. Inc. purchased a new stake in shares of Rubrik during the second quarter valued at $27,000. Beacon Capital Management LLC acquired a new position in shares of Rubrik in the 2nd quarter valued at $29,000. Finally, Catalyst Capital Advisors LLC purchased a new position in Rubrik in the 2nd quarter worth about $36,000. Institutional investors and hedge funds own 49.54% of the company's stock.

Insider Buying and Selling

In other Rubrik news, Director John Wendell Thompson sold 11,000 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $73.84, for a total transaction of $812,240.00. Following the transaction, the director owned 2,702 shares in the company, valued at $199,515.68. This trade represents a 80.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CTO Arvind Nithrakashyap sold 4,648 shares of the company's stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $70.40, for a total transaction of $327,219.20. Following the sale, the chief technology officer directly owned 337,010 shares of the company's stock, valued at approximately $23,725,504. This represents a 1.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 249,396 shares of company stock worth $19,381,819 over the last ninety days. Company insiders own 32.38% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on RBRK shares. Mizuho raised shares of Rubrik from a "neutral" rating to an "outperform" rating and set a $97.00 price objective for the company in a research note on Monday, November 17th. Rosenblatt Securities lifted their price objective on shares of Rubrik from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Friday, December 5th. Cantor Fitzgerald reduced their target price on Rubrik from $115.00 to $105.00 and set an "overweight" rating for the company in a report on Wednesday, December 3rd. Robert W. Baird increased their price objective on Rubrik from $120.00 to $130.00 and gave the stock an "outperform" rating in a research note on Friday, December 5th. Finally, Wedbush reaffirmed an "outperform" rating and set a $120.00 target price on shares of Rubrik in a research note on Friday, December 5th. Twenty-one investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $112.18.

Rubrik Stock Up 4.1%

NYSE RBRK opened at $68.39 on Tuesday. The stock has a market capitalization of $13.69 billion, a PE ratio of -35.07 and a beta of 0.27. Rubrik, Inc. has a 12-month low of $47.35 and a 12-month high of $103.00. The company has a 50 day moving average price of $73.89 and a two-hundred day moving average price of $79.57.

Rubrik (NYSE:RBRK - Get Free Report) last released its quarterly earnings data on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.26. The business had revenue of $350.17 million during the quarter, compared to analyst estimates of $320.19 million. During the same period in the previous year, the firm posted ($0.21) EPS. The firm's revenue for the quarter was up 48.3% on a year-over-year basis. Rubrik has set its FY 2026 guidance at -0.200--0.160 EPS and its Q4 2026 guidance at -0.120--0.100 EPS. As a group, equities analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current year.

Rubrik 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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