S&CO Inc. Takes $4.30 Million Position in Rubrik, Inc. $RBRK

S&CO Inc. bought a new stake in shares of Rubrik, Inc. (NYSE:RBRK) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 53,612 shares of the company’s stock, valued at approximately $4,303,000.

Other large investors have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp lifted its stake in Rubrik by 100.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock valued at $31,000 after buying an additional 200 shares during the period. Banque Cantonale Vaudoise acquired a new stake in shares of Rubrik during the 3rd quarter worth approximately $34,000. Triumph Capital Management bought a new stake in shares of Rubrik in the 4th quarter valued at $33,000. Los Angeles Capital Management LLC bought a new stake in shares of Rubrik in the 4th quarter valued at $35,000. Finally, Advocate Investing Services LLC acquired a new position in shares of Rubrik during the 4th quarter valued at $38,000. Institutional investors and hedge funds own 49.54% of the company’s stock.

Insider Buying and Selling at Rubrik

In related news, Director Yvonne Wassenaar sold 721 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $75.00, for a total value of $54,075.00. Following the transaction, the director owned 3,917 shares of the company’s stock, valued at approximately $293,775. This trade represents a 15.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Wendell Thompson sold 2,500 shares of Rubrik stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $74.11, for a total value of $185,275.00. Following the transaction, the director owned 10,000 shares of the company’s stock, valued at $741,100. This trade represents a 20.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 317,682 shares of company stock valued at $26,402,176. Insiders own 13.66% of the company’s stock.

Rubrik Trading Down 2.9%

NYSE RBRK opened at $102.08 on Friday. The company has a fifty day simple moving average of $79.28 and a 200 day simple moving average of $64.49. Rubrik, Inc. has a 12-month low of $42.25 and a 12-month high of $106.50. The company has a market cap of $21.01 billion, a P/E ratio of -70.40 and a beta of 1.17.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Thursday, June 4th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.19. The business had revenue of $387.07 million for the quarter, compared to the consensus estimate of $366.31 million. During the same quarter last year, the firm posted ($0.15) EPS. The business’s revenue for the quarter was up 39.0% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. Sell-side analysts predict that Rubrik, Inc. will post -1.16 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on RBRK. Barclays increased their target price on shares of Rubrik from $70.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Guggenheim reiterated a “buy” rating on shares of Rubrik in a report on Friday, June 5th. BMO Capital Markets increased their price objective on shares of Rubrik from $87.00 to $98.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. Piper Sandler reissued an “overweight” rating and set a $91.00 price objective (up from $84.00) on shares of Rubrik in a research report on Friday, June 5th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Rubrik in a research note on Wednesday, June 24th. Twenty-nine analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $94.20.

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).