Rubrik, Inc. $RBRK Shares Bought by Melqart Asset Management UK Ltd

Melqart Asset Management UK Ltd lifted its position in Rubrik, Inc. (NYSE:RBRK) by 111.8% during the third quarter, Holdings Channel reports. The institutional investor owned 204,771 shares of the company’s stock after buying an additional 108,097 shares during the quarter. Rubrik makes up approximately 2.2% of Melqart Asset Management UK Ltd’s investment portfolio, making the stock its 17th largest position. Melqart Asset Management UK Ltd’s holdings in Rubrik were worth $16,842,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC boosted its stake in Rubrik by 12.0% during the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock valued at $125,000 after buying an additional 150 shares in the last quarter. CI Investments Inc. raised its position in Rubrik by 31.7% in the third quarter. CI Investments Inc. now owns 859 shares of the company’s stock worth $71,000 after acquiring an additional 207 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in Rubrik by 24.3% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock worth $94,000 after acquiring an additional 224 shares in the last quarter. Creative Planning lifted its holdings in Rubrik by 5.3% in the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after acquiring an additional 236 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its position in shares of Rubrik by 68.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 588 shares of the company’s stock valued at $53,000 after purchasing an additional 239 shares in the last quarter. Institutional investors and hedge funds own 49.54% of the company’s stock.

Insider Buying and Selling at Rubrik

In other news, CFO Kiran Kumar Choudary sold 20,000 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $54.17, for a total transaction of $1,083,400.00. Following the transaction, the chief financial officer owned 474,959 shares in the company, valued at $25,728,529.03. This represents a 4.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $53.62, for a total transaction of $589,820.00. Following the transaction, the director owned 4,653 shares in the company, valued at $249,493.86. This represents a 70.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 146,219 shares of company stock valued at $9,834,982. 32.38% of the stock is currently owned by insiders.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Q4 beat and raised guidance — Rubrik posted $0.04 adj. EPS (vs. a loss expected) and revenue of $377.7M (+46% YoY), and issued Q1 and FY‑2027 guidance well above Street expectations, which underpins the company’s growth narrative and drove initial upside. Rubrik Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Subscription ARR and execution highlighted — Management called out record subscription ARR growth and improved free‑cash metrics, reinforcing the recurring‑revenue story and the company’s positioning around AI/data resilience. Rubrik Inc (RBRK) Q4 2026 Earnings Call Highlights
• Positive Sentiment: Call‑buyers showing conviction — Unusual options activity (large call purchases) suggests some traders are betting on further upside post‑earnings, adding a tactical bullish signal to intraday flows.
• Neutral Sentiment: Mixed analyst posture — Several firms reaffirmed buy/overweight ratings even as they’d trimmed targets (e.g., Piper Sandler reaffirmed overweight with a lower $84 PT). Ratings support the growth case but reduced PTs reflect more cautious near‑term expectations. Piper Sandler Reaffirms Overweight on Rubrik
• Negative Sentiment: Multiple price‑target cuts — BMO, Wedbush and Wells Fargo cut PTs (to $70, $90 and $90 respectively) despite maintaining outperform/overweight stances; those trims cap upside in the near term and signal caution on valuation/timing. Analyst Price Target Moves
• Negative Sentiment: Soft software market and profit‑taking — Commentary notes that even strong results can be muted when the broader software/tech group is weak; that dynamic, plus short‑term traders locking gains after a big run, helps explain the stock’s pullback. Rubrik posts strong Q4, but ‘rarified air’ isn’t enough to lift shares

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on RBRK. Rosenblatt Securities reduced their target price on shares of Rubrik from $120.00 to $95.00 and set a “buy” rating for the company in a report on Monday, March 9th. Berenberg Bank initiated coverage on Rubrik in a report on Tuesday, November 18th. They issued a “buy” rating and a $114.00 target price for the company. The Goldman Sachs Group lowered their target price on Rubrik from $120.00 to $80.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Finally, Truist Financial decreased their price target on shares of Rubrik from $110.00 to $80.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Rubrik has an average rating of “Moderate Buy” and an average target price of $92.89.

Rubrik Price Performance

Shares of RBRK stock opened at $53.35 on Friday. The firm has a market cap of $10.68 billion, a P/E ratio of -30.14 and a beta of 0.45. Rubrik, Inc. has a fifty-two week low of $46.36 and a fifty-two week high of $103.00. The stock’s 50-day moving average is $59.14 and its two-hundred day moving average is $71.86.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.11) by $0.15. The firm had revenue of $377.68 million during the quarter, compared to the consensus estimate of $342.43 million. During the same period in the previous year, the firm posted ($0.18) EPS. The company’s quarterly revenue was up 46.3% compared to the same quarter last year. 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, research analysts expect that Rubrik, Inc. will post -7.66 EPS for the current 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).