Yong Rong HK Asset Management Ltd Has $7.65 Million Holdings in Rubrik, Inc. $RBRK

Key Points

• Yong Rong HK Asset Management Ltd cut its Rubrik stake by 67.2%, selling 205,000 shares and now holds 100,000 shares valued at $7.648 million, representing 2.3% of the fund and its 8th-largest position.
• Rubrik beat expectations for the quarter with $0.04 EPS (vs. -$0.11 est.) and $377.68 million revenue (vs. $342.43 million est.), up 46.3% year-over-year, and provided Q1 2027 guidance of -0.040 to -0.020 EPS and FY2027 guidance of 0.070–0.270 EPS.
• CFO Kiran Kumar Choudary sold 122,613 shares for about $5.91 million, and insiders have sold 203,113 shares worth $10.16 million in the past three months, leaving insiders owning 32.38% of the company.

Yong Rong HK Asset Management Ltd decreased its holdings in shares of Rubrik, Inc. (NYSE:RBRK - Free Report) by 67.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 100,000 shares of the company's stock after selling 205,000 shares during the period. Rubrik makes up 2.3% of Yong Rong HK Asset Management Ltd's holdings, making the stock its 8th largest position. Yong Rong HK Asset Management Ltd's holdings in Rubrik were worth $7,648,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in RBRK. Vanguard Group Inc. raised its position in shares of Rubrik by 12.9% during the 4th quarter. Vanguard Group Inc. now owns 14,694,503 shares of the company's stock valued at $1,123,836,000 after acquiring an additional 1,678,255 shares during the last quarter. Federated Hermes Inc. raised its position in shares of Rubrik by 101.8% during the 3rd quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company's stock valued at $200,506,000 after acquiring an additional 1,229,476 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of Rubrik during the 3rd quarter valued at $97,828,000. State Street Corp raised its position in shares of Rubrik by 139.7% during the 2nd quarter. State Street Corp now owns 1,771,475 shares of the company's stock valued at $158,706,000 after acquiring an additional 1,032,497 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Rubrik by 364.8% during the 3rd quarter. Invesco Ltd. now owns 1,074,025 shares of the company's stock valued at $88,339,000 after acquiring an additional 842,939 shares during the last quarter. Institutional investors own 49.54% of the company's stock.

Rubrik Price Performance

Rubrik stock opened at $53.40 on Tuesday. The firm has a 50-day moving average of $51.63 and a 200-day moving average of $64.40. Rubrik, Inc. has a one year low of $42.25 and a one year high of $103.00. The company has a market cap of $10.80 billion, a price-to-earnings ratio of -30.17 and a beta of 0.63.

Rubrik (NYSE:RBRK - Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.15. The business had revenue of $377.68 million for the quarter, compared to analyst estimates of $342.43 million. During the same quarter in the prior year, the company earned ($0.18) earnings per share. The company's quarterly 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. As a group, sell-side analysts expect that Rubrik, Inc. will post -1.41 earnings per share for the current year.

Wall Street Analyst Weigh In

RBRK has been the subject of several research analyst reports. Barclays decreased their price target on shares of Rubrik from $100.00 to $70.00 and set an "overweight" rating for the company in a report on Tuesday, March 3rd. UBS Group set a $65.00 price target on shares of Rubrik in a report on Monday. KeyCorp decreased their price target on shares of Rubrik from $80.00 to $70.00 and set an "overweight" rating for the company in a report on Wednesday, April 15th. Wedbush decreased their price target on shares of Rubrik from $120.00 to $90.00 and set an "outperform" rating for the company in a report on Friday, March 13th. Finally, BMO Capital Markets boosted their price target on shares of Rubrik from $58.00 to $64.00 and gave the company an "outperform" rating in a report on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $85.48.

Insider Transactions at Rubrik

In other news, CFO Kiran Kumar Choudary sold 122,613 shares of the stock in a transaction dated 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 in the company, valued at $27,228,228.20. This represents a 17.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mark D. Mclaughlin acquired 10,638 shares of Rubrik stock in a transaction dated Monday, March 30th. The shares were acquired at an average price of $47.21 per share, with a total value of $502,219.98. Following the completion of the purchase, the director owned 13,639 shares in the company, valued at approximately $643,897.19. The trade was a 354.48% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 203,113 shares of company stock worth $10,157,582 in the last three months. Insiders own 32.38% of the company's stock.

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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