Vanguard Group Inc. Has $1.12 Billion Holdings in Rubrik, Inc. $RBRK

Key Points

• Vanguard increased its stake in Rubrik by 12.9% in Q4 to 14,694,503 shares, representing about a 7.34% ownership worth roughly $1.12 billion.
• Significant insider activity: CFO Kiran Kumar Choudary sold 122,613 shares at an average $48.20 (a 17.8% reduction in his holding), while director Mark D. McLaughlin bought 10,638 shares; insiders net sold ~203,113 shares (~$10.16M) over the past three months.
• Rubrik beat quarterly expectations with $0.04 EPS vs. -$0.11 expected and revenue of $377.7M (up 46.3% YoY); management guided FY2027 EPS to $0.07–0.27, and the stock carries a consensus "Moderate Buy" with an average target of $84.83.

Vanguard Group Inc. increased its holdings in Rubrik, Inc. (NYSE:RBRK - Free Report) by 12.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,694,503 shares of the company's stock after acquiring an additional 1,678,255 shares during the period. Vanguard Group Inc. owned about 7.34% of Rubrik worth $1,123,836,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bogart Wealth LLC raised its holdings in shares of Rubrik by 352.2% in the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company's stock worth $26,000 after acquiring an additional 243 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Rubrik by 1,360.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company's stock worth $30,000 after acquiring an additional 340 shares during the last quarter. Financial Life Planners acquired a new stake in shares of Rubrik in the 3rd quarter worth about $31,000. Guerra Advisors Inc acquired a new stake in shares of Rubrik in the 3rd quarter worth about $33,000. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Rubrik in the 3rd quarter worth about $34,000. Institutional investors and hedge funds own 49.54% of the company's stock.

Insider Activity

In other news, CFO Kiran Kumar Choudary sold 122,613 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $48.20, for a total transaction of $5,909,946.60. Following the completion of the transaction, the chief financial officer directly owned 564,901 shares of the company's stock, valued at $27,228,228.20. This represents a 17.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark D. Mclaughlin bought 10,638 shares of Rubrik stock in a transaction dated Monday, March 30th. The shares were bought at an average cost of $47.21 per share, with a total value of $502,219.98. Following the completion of the transaction, the director directly owned 13,639 shares in the company, valued at approximately $643,897.19. This trade represents a 354.48% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold 203,113 shares of company stock valued at $10,157,582 in the last three months. Company insiders own 32.38% of the company's stock.

Rubrik Stock Up 3.6%

Rubrik stock opened at $55.10 on Friday. Rubrik, Inc. has a twelve month low of $42.25 and a twelve month high of $103.00. The firm has a 50 day moving average price of $51.62 and a 200-day moving average price of $64.05. The company has a market capitalization of $11.14 billion, a P/E ratio of -31.13 and a beta of 0.63.

Rubrik (NYSE:RBRK - Get Free Report) last released its earnings results on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of ($0.11) by $0.15. The company had revenue of $377.68 million for the quarter, compared to the consensus estimate of $342.43 million. During the same period in the prior year, the company earned ($0.18) earnings per share. The firm's revenue was up 46.3% on a year-over-year basis. Rubrik has set its Q1 2027 guidance at -0.040--0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. Equities analysts expect that Rubrik, Inc. will post -1.41 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Cantor Fitzgerald lowered their target price on shares of Rubrik from $105.00 to $85.00 and set an "overweight" rating on the stock in a report on Monday, March 9th. Guggenheim reaffirmed a "buy" rating and issued a $110.00 price objective on shares of Rubrik in a research report on Friday, March 13th. KeyCorp reduced their price objective on shares of Rubrik from $80.00 to $70.00 and set an "overweight" rating for the company in a research report on Wednesday, April 15th. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating and issued a $110.00 price objective on shares of Rubrik in a research report on Monday, March 16th. Finally, Rosenblatt Securities reduced their price objective on shares of Rubrik from $120.00 to $95.00 and set a "buy" rating for the company in a research report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $84.83.

Rubrik Company 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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