UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Purchases 48,724 Shares of Rubrik, Inc. $RBRK

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Rubrik, Inc. (NYSE:RBRK - Free Report) by 7.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 715,953 shares of the company's stock after buying an additional 48,724 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.38% of Rubrik worth $43,659,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. bought a new position in shares of Rubrik in the first quarter valued at $30,000. Summit Securities Group LLC bought a new stake in shares of Rubrik in the first quarter valued at about $31,000. Comerica Bank raised its stake in Rubrik by 209.0% in the first quarter. Comerica Bank now owns 584 shares of the company's stock valued at $36,000 after purchasing an additional 395 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in Rubrik in the fourth quarter valued at about $47,000. Finally, CWM LLC raised its stake in Rubrik by 282.2% in the first quarter. CWM LLC now owns 1,051 shares of the company's stock valued at $64,000 after purchasing an additional 776 shares in the last quarter. 49.54% of the stock is owned by institutional investors.

Insider Transactions at Rubrik

In related news, Director Yvonne Wassenaar sold 2,000 shares of the company's stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $88.21, for a total value of $176,420.00. Following the sale, the director directly owned 2,855 shares of the company's stock, valued at $251,839.55. This represents a 41.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John Wendell Thompson sold 9,009 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $87.83, for a total value of $791,260.47. Following the completion of the sale, the director directly owned 998 shares in the company, valued at $87,654.34. This trade represents a 90.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 210,586 shares of company stock worth $18,542,628. 32.38% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

RBRK has been the subject of several research analyst reports. Oppenheimer reissued a "market perform" rating on shares of Rubrik in a research note on Friday, June 6th. UBS Group reiterated a "buy" rating on shares of Rubrik in a report on Friday, June 6th. Cantor Fitzgerald restated an "overweight" rating and set a $115.00 price target on shares of Rubrik in a report on Wednesday, September 10th. BMO Capital Markets restated an "outperform" rating and set a $110.00 price target (up from $77.00) on shares of Rubrik in a report on Friday, June 6th. Finally, Truist Financial increased their target price on Rubrik from $90.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, June 6th. 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, the company currently has an average rating of "Moderate Buy" and an average target price of $104.38.

Rubrik Stock Performance

Shares of RBRK opened at $74.39 on Monday. The firm has a market cap of $14.39 billion, a P/E ratio of -31.79 and a beta of 0.44. Rubrik, Inc. has a fifty-two week low of $30.09 and a fifty-two week high of $103.00. The business has a 50-day moving average of $87.58 and a 200 day moving average of $79.68.

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

About Rubrik

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.

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