Rubrik, Inc. $RBRK Shares Acquired by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC increased its stake in Rubrik, Inc. by 15.0% during the first quarter, owning approximately 1.16% of the company valued at $137 million.
• Insider activity shows that CRO Brian K. Mccarthy sold 12,500 shares for over $1 million, resulting in a 2.99% decrease in their holdings.
• Rubrik's recent quarterly earnings reported a loss per share of ($0.49), missing estimates, despite revenue growth of 44.9% year-over-year.

Voya Investment Management LLC boosted its position in Rubrik, Inc. (NYSE:RBRK - Free Report) by 15.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,247,210 shares of the company's stock after purchasing an additional 293,275 shares during the period. Voya Investment Management LLC owned about 1.16% of Rubrik worth $137,035,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Voloridge Investment Management LLC acquired a new position in shares of Rubrik during the 4th quarter worth $85,331,000. Teacher Retirement System of Texas acquired a new stake in Rubrik in the 1st quarter valued at about $52,092,000. Two Sigma Investments LP increased its holdings in Rubrik by 4,440.9% during the 4th quarter. Two Sigma Investments LP now owns 649,349 shares of the company's stock valued at $42,441,000 after acquiring an additional 635,049 shares in the last quarter. Vanguard Group Inc. raised its position in Rubrik by 9.7% during the first quarter. Vanguard Group Inc. now owns 6,945,101 shares of the company's stock worth $423,512,000 after acquiring an additional 616,917 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Rubrik by 186.8% in the first quarter. BNP Paribas Financial Markets now owns 899,853 shares of the company's stock valued at $54,873,000 after purchasing an additional 586,088 shares in the last quarter. 49.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Rubrik

In related news, Director John Wendell Thompson sold 9,009 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $87.83, for a total transaction of $791,260.47. Following the completion of the sale, the director owned 998 shares of the company's stock, valued at approximately $87,654.34. This represents a 90.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kiran Kumar Choudary sold 3,500 shares of Rubrik stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $88.26, for a total transaction of $308,910.00. Following the transaction, the chief financial officer directly owned 515,595 shares in the company, valued at approximately $45,506,414.70. This trade represents a 0.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 155,919 shares of company stock worth $13,701,318 over the last 90 days. Company insiders own 32.38% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on RBRK shares. UBS Group reissued a "buy" rating on shares of Rubrik in a research note on Friday, June 6th. FBN Securities reissued an "outperform" rating on shares of Rubrik in a research report on Wednesday, September 10th. Robert W. Baird boosted their price target on Rubrik from $95.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, June 6th. CIBC increased their price objective on Rubrik from $125.00 to $130.00 and gave the company an "outperformer" rating in a research note on Thursday, September 11th. Finally, KeyCorp boosted their target price on shares of Rubrik from $113.00 to $117.00 and gave the company an "overweight" rating in a research note on Wednesday, September 10th. Sixteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Rubrik currently has a consensus rating of "Moderate Buy" and an average target price of $104.38.

Rubrik Price Performance

RBRK stock traded up $3.99 on Thursday, hitting $77.88. 2,956,082 shares of the company were exchanged, compared to its average volume of 3,200,683. The stock has a market capitalization of $15.07 billion, a price-to-earnings ratio of -33.22 and a beta of 0.43. The business's fifty day moving average is $86.71 and its two-hundred day moving average is $79.68. Rubrik, Inc. has a twelve month low of $30.35 and a twelve month high of $103.00.

Rubrik (NYSE:RBRK - Get Free Report) last issued its earnings results on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.34) by $0.31. The firm had revenue of $309.86 million during the quarter, compared to analyst estimates of $282.25 million. During the same quarter in the previous year, the business posted ($0.40) EPS. Rubrik's revenue was up 44.9% compared to the same quarter last year. Rubrik has set its Q3 2026 guidance at -0.180--0.160 EPS. FY 2026 guidance at -0.500--0.440 EPS. Equities research analysts expect 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.