Los Angeles Capital Management LLC Makes New Investment in Rubrik, Inc. $RBRK

Los Angeles Capital Management LLC acquired a new position in shares of Rubrik, Inc. (NYSE:RBRK) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 196,576 shares of the company’s stock, valued at approximately $17,611,000. Los Angeles Capital Management LLC owned approximately 0.10% of Rubrik at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in Rubrik by 9.7% during the first quarter. Vanguard Group Inc. now owns 6,945,101 shares of the company’s stock worth $423,512,000 after buying an additional 616,917 shares in the last quarter. Voya Investment Management LLC lifted its holdings in shares of Rubrik by 15.0% during the 1st quarter. Voya Investment Management LLC now owns 2,247,210 shares of the company’s stock worth $137,035,000 after acquiring an additional 293,275 shares during the period. Teacher Retirement System of Texas boosted its position in shares of Rubrik by 20.9% during the 2nd quarter. Teacher Retirement System of Texas now owns 1,032,463 shares of the company’s stock valued at $92,498,000 after acquiring an additional 178,208 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Rubrik by 33.5% in the first quarter. Goldman Sachs Group Inc. now owns 940,351 shares of the company’s stock valued at $57,343,000 after acquiring an additional 236,181 shares during the period. Finally, BNP Paribas Financial Markets raised its position in Rubrik by 186.8% in the first quarter. BNP Paribas Financial Markets now owns 899,853 shares of the company’s stock worth $54,873,000 after purchasing an additional 586,088 shares in the last quarter. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Rubrik Price Performance

RBRK stock opened at $72.99 on Friday. The business has a fifty day moving average price of $80.25 and a 200 day moving average price of $84.37. Rubrik, Inc. has a fifty-two week low of $42.01 and a fifty-two week high of $103.00. The stock has a market capitalization of $14.41 billion, a price-to-earnings ratio of -31.19 and a beta of 0.20.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.31. The business had revenue of $309.86 million during the quarter, compared to analyst estimates of $282.25 million. During the same period in the prior year, the firm posted ($0.40) EPS. Rubrik’s revenue for the quarter was up 44.9% compared to the same quarter last year. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. On average, equities analysts expect that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Insider Activity at Rubrik

In other news, CFO Kiran Kumar Choudary sold 3,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $72.29, for a total transaction of $253,015.00. Following the transaction, the chief financial officer directly owned 510,551 shares in the company, valued at approximately $36,907,731.79. This represents a 0.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Arvind Nithrakashyap sold 40,170 shares of the stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $74.21, for a total transaction of $2,981,015.70. Following the sale, the chief technology officer directly owned 333,528 shares in the company, valued at $24,751,112.88. This trade represents a 10.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 121,966 shares of company stock worth $9,644,823 in the last quarter. Insiders own 32.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $115.00 price objective on shares of Rubrik in a report on Wednesday, September 10th. FBN Securities restated an “outperform” rating on shares of Rubrik in a research report on Wednesday, September 10th. Wedbush reiterated an “outperform” rating and issued a $120.00 price target on shares of Rubrik in a research report on Thursday, September 11th. Wall Street Zen lowered Rubrik from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. Finally, Barclays boosted their target price on shares of Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Sixteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.67.

About Rubrik

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.