Washington University Takes Position in Rubrik, Inc. $RBRK

Washington University purchased a new position in shares of Rubrik, Inc. (NYSE:RBRK) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 50,488 shares of the company’s stock, valued at approximately $3,861,000. Rubrik accounts for about 2.0% of Washington University’s holdings, making the stock its 4th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Strs Ohio increased its position in Rubrik by 90.8% in the 3rd quarter. Strs Ohio now owns 62,300 shares of the company’s stock valued at $5,124,000 after acquiring an additional 29,649 shares during the period. WCM Investment Management LLC acquired a new position in shares of Rubrik during the third quarter worth $4,717,000. ARK Investment Management LLC grew its stake in shares of Rubrik by 21.1% in the third quarter. ARK Investment Management LLC now owns 319,112 shares of the company’s stock worth $26,247,000 after purchasing an additional 55,500 shares during the last quarter. Citigroup Inc. increased its holdings in Rubrik by 210.2% in the third quarter. Citigroup Inc. now owns 104,041 shares of the company’s stock valued at $8,557,000 after purchasing an additional 70,504 shares during the period. Finally, TD Waterhouse Canada Inc. increased its holdings in Rubrik by 471.4% in the third quarter. TD Waterhouse Canada Inc. now owns 50,614 shares of the company’s stock valued at $4,181,000 after purchasing an additional 41,756 shares during the period. Institutional investors and hedge funds own 49.54% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on RBRK shares. Mizuho cut their target price on Rubrik from $97.00 to $80.00 and set an “outperform” rating on the stock in a report on Tuesday, February 17th. William Blair upgraded Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday, December 5th. Roth Mkm reaffirmed a “buy” rating on shares of Rubrik in a research note on Friday, December 5th. UBS Group reissued a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Finally, Guggenheim restated a “buy” rating and issued a $110.00 price target on shares of Rubrik in a research report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $89.10.

Rubrik Price Performance

Shares of Rubrik stock opened at $48.61 on Thursday. The stock’s 50-day moving average is $53.70 and its 200 day moving average is $68.25. Rubrik, Inc. has a one year low of $44.75 and a one year high of $103.00. The firm has a market cap of $9.83 billion, a price-to-earnings ratio of -27.46 and a beta of 0.63.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million during the quarter, compared to analyst estimates of $342.43 million. Rubrik’s quarterly revenue was up 46.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.18) earnings per share. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. On average, sell-side analysts expect that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Insider Activity at Rubrik

In other news, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $70.88, for a total transaction of $708,800.00. Following the transaction, the insider owned 330,772 shares in the company, valued at approximately $23,445,119.36. This represents a 2.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Kiran Kumar Choudary sold 122,613 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $48.20, for a total value of $5,909,946.60. Following the completion of the sale, the chief financial officer owned 564,901 shares of the company’s stock, valued at approximately $27,228,228.20. This represents a 17.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 222,306 shares of company stock valued at $12,189,518 in the last ninety days. Insiders own 32.38% of the company’s stock.

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).