Arrowstreet Capital Limited Partnership Has $85.61 Million Holdings in Rubrik, Inc. $RBRK

Arrowstreet Capital Limited Partnership decreased its stake in shares of Rubrik, Inc. (NYSE:RBRK) by 3.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 955,600 shares of the company’s stock after selling 31,695 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Rubrik were worth $85,612,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. LPL Financial LLC lifted its position in shares of Rubrik by 4.8% during the 1st quarter. LPL Financial LLC now owns 99,814 shares of the company’s stock valued at $6,087,000 after acquiring an additional 4,543 shares during the period. US Bancorp DE grew its holdings in Rubrik by 80.3% in the first quarter. US Bancorp DE now owns 35,245 shares of the company’s stock worth $2,149,000 after purchasing an additional 15,698 shares during the period. PNC Financial Services Group Inc. bought a new stake in Rubrik in the first quarter valued at $30,000. Atria Wealth Solutions Inc. increased its stake in Rubrik by 15.9% in the first quarter. Atria Wealth Solutions Inc. now owns 25,500 shares of the company’s stock valued at $1,555,000 after purchasing an additional 3,500 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Rubrik by 9.7% during the first quarter. Vanguard Group Inc. now owns 6,945,101 shares of the company’s stock valued at $423,512,000 after purchasing an additional 616,917 shares during the period. Institutional investors own 49.54% of the company’s stock.

Insider Transactions at Rubrik

In other Rubrik news, CFO Kiran Kumar Choudary sold 3,500 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $69.46, for a total value of $243,110.00. Following the completion of the sale, the chief financial officer directly owned 509,051 shares of the company’s stock, valued at approximately $35,358,682.46. This represents a 0.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John Wendell Thompson sold 9,009 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $68.75, for a total transaction of $619,368.75. Following the completion of the sale, the director owned 998 shares of the company’s stock, valued at approximately $68,612.50. This trade represents a 90.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 115,966 shares of company stock worth $8,777,876 in the last quarter. 32.38% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Mizuho upgraded Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 target price for the company in a research note on Monday, November 17th. Guggenheim reiterated a “buy” rating and issued a $108.00 price target on shares of Rubrik in a report on Monday. Berenberg Bank started coverage on Rubrik in a research note on Tuesday, November 18th. They issued a “buy” rating and a $114.00 price objective for the company. Rosenblatt Securities boosted their price objective on Rubrik from $110.00 to $115.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Finally, Wall Street Zen cut Rubrik from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. Eighteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.06.

Rubrik Stock Up 3.2%

Shares of Rubrik stock opened at $71.61 on Thursday. Rubrik, Inc. has a 52 week low of $47.35 and a 52 week high of $103.00. The business has a 50 day moving average price of $75.61 and a 200-day moving average price of $83.73. The company has a market cap of $14.14 billion, a PE ratio of -30.60 and a beta of 0.32.

Rubrik (NYSE:RBRK) last announced its earnings results on Tuesday, September 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.34) by $0.31. The company had revenue of $309.86 million for the quarter, compared to analysts’ expectations of $282.25 million. The firm’s quarterly revenue was up 44.9% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.40) EPS. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS and its FY 2026 guidance at -0.500–0.440 EPS. As a group, research analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current year.

Rubrik Profile

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.