Union Bancaire Privee UBP SA Takes $5.19 Million Position in Rubrik, Inc. $RBRK

Key Points

• Union Bancaire Privee UBP SA has acquired a new position in Rubrik, Inc. by purchasing 57,900 shares valued at approximately $5.19 million in the second quarter.
• The stock has received upgrades from several analysts, with price targets now ranging from $95.00 to $125.00 and a consensus rating of "Moderate Buy."
• Rubrik reported better-than-expected earnings with a 44.9% year-over-year increase in revenue, posting EPS of ($0.03) compared to the consensus estimate of ($0.34).

Union Bancaire Privee UBP SA bought a new position in Rubrik, Inc. (NYSE:RBRK - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 57,900 shares of the company's stock, valued at approximately $5,187,000.

Other large investors have also recently bought and sold shares of the company. Amundi boosted its position in Rubrik by 0.7% during the 1st quarter. Amundi now owns 37,116 shares of the company's stock worth $2,132,000 after acquiring an additional 262 shares during the period. NewEdge Advisors LLC lifted its position in shares of Rubrik by 31.6% in the first quarter. NewEdge Advisors LLC now owns 1,250 shares of the company's stock worth $76,000 after purchasing an additional 300 shares in the last quarter. ST Germain D J Co. Inc. acquired a new stake in shares of Rubrik during the second quarter worth approximately $27,000. Beacon Capital Management LLC purchased a new position in Rubrik during the second quarter valued at approximately $29,000. Finally, Comerica Bank increased its stake in Rubrik by 209.0% in the 1st quarter. Comerica Bank now owns 584 shares of the company's stock valued at $36,000 after buying an additional 395 shares during the period. 49.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Oppenheimer reissued a "market perform" rating on shares of Rubrik in a research note on Friday, June 6th. KeyCorp increased their price objective on Rubrik from $113.00 to $117.00 and gave the stock an "overweight" rating in a report on Wednesday, September 10th. Robert W. Baird lifted their price objective on Rubrik from $95.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, June 6th. FBN Securities reaffirmed an "outperform" rating on shares of Rubrik in a research report on Wednesday, September 10th. Finally, Wells Fargo & Company raised their price target on Rubrik from $80.00 to $125.00 and gave the stock an "overweight" rating in a research note on Friday, June 6th. Sixteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $108.67.

Rubrik Trading Up 1.6%

RBRK stock opened at $83.47 on Tuesday. Rubrik, Inc. has a 1 year low of $30.36 and a 1 year high of $103.00. The company has a fifty day simple moving average of $85.80 and a 200 day simple moving average of $81.20. The firm has a market cap of $16.48 billion, a PE ratio of -35.67 and a beta of 0.44.

Rubrik (NYSE:RBRK - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.34) by $0.31. The business had revenue of $309.86 million during the quarter, compared to analyst estimates of $282.25 million. During the same period in the previous year, the firm posted ($0.40) EPS. The firm's revenue for the quarter 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. As a group, analysts forecast that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Insider Buying and Selling at Rubrik

In related news, CFO Kiran Kumar Choudary sold 3,500 shares of Rubrik stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $74.82, for a total value of $261,870.00. Following the completion of the sale, the chief financial officer owned 514,684 shares of the company's stock, valued at approximately $38,508,656.88. The trade was a 0.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CRO Brian K. Mccarthy sold 4,670 shares of the business's stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $74.21, for a total transaction of $346,560.70. Following the transaction, the executive directly owned 407,632 shares of the company's stock, valued at approximately $30,250,370.72. This represents a 1.13% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 117,457 shares of company stock worth $9,530,859 in the last 90 days. 32.38% of the stock is currently owned by company insiders.

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.

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