Fiera Capital Corp Acquires 446,996 Shares of Rubrik, Inc. $RBRK

Fiera Capital Corp boosted its holdings in shares of Rubrik, Inc. (NYSE:RBRK) by 135.1% in the fourth quarter, Holdings Channel reports. The firm owned 777,909 shares of the company’s stock after purchasing an additional 446,996 shares during the quarter. Fiera Capital Corp’s holdings in Rubrik were worth $59,494,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Rubrik during the fourth quarter worth approximately $345,907,000. ARK Investment Management LLC increased its holdings in shares of Rubrik by 21.1% during the third quarter. ARK Investment Management LLC now owns 319,112 shares of the company’s stock worth $26,247,000 after buying an additional 55,500 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Rubrik by 8.6% during the fourth quarter. Legal & General Group Plc now owns 1,904,810 shares of the company’s stock worth $145,680,000 after buying an additional 151,234 shares in the last quarter. Citigroup Inc. increased its holdings in shares of Rubrik by 210.2% during the third quarter. Citigroup Inc. now owns 104,041 shares of the company’s stock worth $8,557,000 after buying an additional 70,504 shares in the last quarter. Finally, S&CO Inc. increased its holdings in shares of Rubrik by 102.8% during the third quarter. S&CO Inc. now owns 53,612 shares of the company’s stock worth $4,409,000 after buying an additional 27,179 shares in the last quarter. Institutional investors own 49.54% of the company’s stock.

Wall Street Analyst Weigh In

RBRK has been the subject of several recent analyst reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Rubrik in a report on Friday. The Goldman Sachs Group lowered their price target on shares of Rubrik from $120.00 to $80.00 and set a “buy” rating for the company in a report on Monday, February 9th. Citigroup raised their price target on shares of Rubrik from $88.00 to $96.00 and gave the company a “buy” rating in a report on Friday. Guggenheim reissued a “buy” rating on shares of Rubrik in a report on Friday. Finally, BTIG Research raised their price target on shares of Rubrik from $76.00 to $91.00 and gave the company a “buy” rating in a report on Friday. Twenty-eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Rubrik currently has an average rating of “Moderate Buy” and a consensus target price of $93.00.

Insider Activity at Rubrik

In other news, Director Yvonne Wassenaar sold 2,838 shares of Rubrik stock in a transaction on Friday, May 29th. The shares were sold at an average price of $75.00, for a total transaction of $212,850.00. Following the transaction, the director directly owned 2,326 shares of the company’s stock, valued at $174,450. This trade represents a 54.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Wendell Thompson sold 11,000 shares of Rubrik stock in a transaction on Monday, June 1st. The stock was sold at an average price of $84.55, for a total transaction of $930,050.00. Following the transaction, the director directly owned 4,653 shares in the company, valued at approximately $393,411.15. This represents a 70.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 398,939 shares of company stock valued at $27,628,167. 13.66% of the stock is owned by corporate insiders.

Key Stories Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik beat first-quarter estimates with $0.16 EPS versus expectations for a loss, while revenue rose 39% to $387.1 million, reinforcing the company’s growth story in cybersecurity and AI-driven cyber resilience. Rubrik Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: The company raised full-year and Q2 guidance, signaling management sees continued demand and improving profitability ahead. Rubrik beats Q1 estimates, raises full-year guidance as cyber resilience demand rises
• Positive Sentiment: Multiple analysts lifted price targets, including CIBC, BMO, DA Davidson, and Oppenheimer, suggesting Wall Street remains constructive after the results. Analyst price target updates
• Positive Sentiment: Unusual call-option activity points to speculation that traders expect more upside after the earnings beat and guidance raise. Unusual options trading in Rubrik
• Neutral Sentiment: Commentary around Rubrik’s AI-enabled security platform and its access to Anthropic’s Mythos preview reinforces the long-term growth narrative, but this is more strategic than an immediate earnings driver. Rubrik is countering AI threats with ‘AI speed’ recoveries: CEO
• Neutral Sentiment: Shareholder approval of the board, auditor, and pay practices removes governance uncertainty, but it is unlikely to materially affect the stock by itself. Rubrik Shareholders Endorse Board, Auditor and Pay Practices
• Negative Sentiment: The stock has been volatile because investors appear to be questioning whether the earnings beat was strong enough to justify the recent run-up in the share price. Is It Time To Reconsider Rubrik (RBRK) After Recent Volatile Share Price Swings?
• Negative Sentiment: Several insider sales, including large disposals by CTO Arvind Nithrakashyap and Director John Wendell Thompson, may be pressuring sentiment even though the trades were pre-planned. SEC filing for insider sales
• Negative Sentiment: Some market commentary said the quarter was solid but not “explosive” enough for a stock that had already rallied sharply, helping explain why shares slipped after earnings. Rubrik posts respectable Q1, not as explosive as needed

Rubrik Stock Performance

Shares of RBRK stock opened at $73.15 on Monday. Rubrik, Inc. has a 52-week low of $42.25 and a 52-week high of $103.00. The stock has a market cap of $14.80 billion, a PE ratio of -50.45 and a beta of 1.10. The firm’s 50 day moving average price is $58.79 and its two-hundred day moving average price is $62.56.

Rubrik (NYSE:RBRK) last announced its quarterly earnings data on Thursday, June 4th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.19. The business had revenue of $387.07 million during the quarter, compared to the consensus estimate of $366.31 million. Rubrik’s revenue was up 39.0% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.15) earnings per share. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. As a group, sell-side analysts predict that Rubrik, Inc. will post -1.45 earnings per share for the current fiscal year.

About Rubrik

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).