Allen Operations LLC Takes $880,000 Position in Rubrik, Inc. $RBRK

Allen Operations LLC acquired a new stake in Rubrik, Inc. (NYSE:RBRK) during the 3rd quarter, Holdings Channel reports. The firm acquired 10,694 shares of the company’s stock, valued at approximately $880,000.

A number of other hedge funds have also recently made changes to their positions in RBRK. Oppenheimer & Co. Inc. raised its stake in Rubrik by 130.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 14,089 shares of the company’s stock valued at $1,159,000 after purchasing an additional 7,983 shares during the period. RFG Advisory LLC purchased a new stake in Rubrik during the 3rd quarter valued at approximately $364,000. Alps Advisors Inc. bought a new stake in shares of Rubrik during the third quarter valued at approximately $3,603,000. Axim Planning & Wealth purchased a new position in shares of Rubrik in the third quarter worth $213,000. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its position in shares of Rubrik by 1.9% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 56,289 shares of the company’s stock worth $4,630,000 after acquiring an additional 1,031 shares during the last quarter. Institutional investors own 49.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on RBRK. Mizuho upgraded shares of Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price target on the stock in a report on Monday, November 17th. The Goldman Sachs Group dropped their price target on Rubrik from $120.00 to $80.00 and set a “buy” rating for the company in a research note on Monday. Robert W. Baird lifted their price objective on Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. Wedbush reiterated an “outperform” rating and set a $120.00 target price on shares of Rubrik in a research report on Friday, December 5th. Finally, KeyCorp reduced their price target on shares of Rubrik from $113.00 to $95.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Twenty-two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $110.39.

Rubrik Stock Up 5.9%

NYSE RBRK opened at $54.09 on Tuesday. Rubrik, Inc. has a 52 week low of $47.35 and a 52 week high of $103.00. The company has a fifty day moving average of $71.24 and a two-hundred day moving average of $77.39. The firm has a market capitalization of $10.83 billion, a price-to-earnings ratio of -27.74 and a beta of 0.33.

Rubrik (NYSE:RBRK) last announced its quarterly earnings data on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.26. The firm had revenue of $350.17 million during the quarter, compared to the consensus estimate of $320.19 million. The firm’s revenue for the quarter was up 48.3% on a year-over-year basis. During the same period in the previous year, the business earned ($0.21) EPS. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Equities research analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current year.

Insider Buying and Selling at Rubrik

In other Rubrik news, insider Brian K. Mccarthy sold 10,000 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $90.83, for a total transaction of $908,300.00. Following the transaction, the insider directly owned 339,319 shares in the company, valued at $30,820,344.77. This trade represents a 2.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $73.84, for a total value of $812,240.00. Following the transaction, the director owned 2,702 shares in the company, valued at approximately $199,515.68. This represents a 80.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 240,387 shares of company stock valued at $18,436,515. 32.38% of the stock is owned by corporate insiders.

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).