14,526 Shares in Rubrik, Inc. $RBRK Bought by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. purchased a new position in shares of Rubrik, Inc. (NYSE:RBRK) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 14,526 shares of the company’s stock, valued at approximately $1,113,000.

A number of other large investors have also recently bought and sold shares of the business. NewEdge Advisors LLC boosted its stake in Rubrik by 12.0% during the 2nd quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after purchasing an additional 150 shares during the period. Atlantic Union Bankshares Corp boosted its stake in Rubrik by 100.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares during the period. CI Investments Inc. raised its position in Rubrik by 31.7% during the 3rd quarter. CI Investments Inc. now owns 859 shares of the company’s stock worth $71,000 after buying an additional 207 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of Rubrik by 24.3% in the 3rd 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 during the period. Finally, Creative Planning lifted its stake in shares of Rubrik by 5.3% in the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock worth $418,000 after acquiring an additional 236 shares during the period. Institutional investors and hedge funds own 49.54% of the company’s stock.

Rubrik Stock Down 3.2%

Shares of RBRK opened at $82.32 on Wednesday. The company has a 50-day simple moving average of $56.47 and a 200-day simple moving average of $62.38. The company has a market capitalization of $16.65 billion, a PE ratio of -46.51 and a beta of 1.10. Rubrik, Inc. has a 52-week low of $42.25 and a 52-week high of $103.00.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.15. The company had revenue of $377.68 million during the quarter, compared to analysts’ expectations of $342.43 million. The business’s revenue for the quarter was up 46.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.18) EPS. 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, research analysts anticipate that Rubrik, Inc. will post -1.45 EPS for the current year.

Insider Buying and Selling at Rubrik

In other Rubrik news, Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $55.48, for a total transaction of $610,280.00. Following the completion of the transaction, the director directly owned 4,653 shares in the company, valued at approximately $258,148.44. This trade represents a 70.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 2,838 shares of the firm’s stock in a transaction dated 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 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. 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. Over the last 90 days, insiders have sold 172,451 shares of company stock valued at $8,565,952. Insiders own 13.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on RBRK shares. KeyCorp reduced their target price on shares of Rubrik from $80.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, April 15th. The Goldman Sachs Group reduced their target price on shares of Rubrik from $120.00 to $80.00 and set a “buy” rating for the company in a research note on Monday, February 9th. Barclays reduced their target price on shares of Rubrik from $100.00 to $70.00 and set an “overweight” rating for the company in a research note on Tuesday, March 3rd. Wedbush reduced their target price on shares of Rubrik from $120.00 to $90.00 and set an “outperform” rating for the company in a research note on Friday, March 13th. Finally, Scotiabank set a $70.00 target price on shares of Rubrik and gave the stock a “sector outperform” rating in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $85.12.

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).