Mitsubishi UFJ Asset Management Co. Ltd. Acquires 2,282 Shares of Rubrik, Inc. $RBRK

Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Rubrik, Inc. (NYSE:RBRK) by 2.1% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 113,482 shares of the company’s stock after purchasing an additional 2,282 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.06% of Rubrik worth $10,167,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. GGM Financials LLC purchased a new stake in Rubrik in the 2nd quarter valued at about $8,108,000. Northern Trust Corp grew its holdings in shares of Rubrik by 23.1% in the first quarter. Northern Trust Corp now owns 236,649 shares of the company’s stock valued at $14,431,000 after acquiring an additional 44,373 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Rubrik by 17.7% during the second quarter. Bessemer Group Inc. now owns 194,911 shares of the company’s stock valued at $17,462,000 after acquiring an additional 29,317 shares during the last quarter. Perpetual Ltd increased its position in shares of Rubrik by 8,282.0% during the second quarter. Perpetual Ltd now owns 587,156 shares of the company’s stock valued at $52,603,000 after acquiring an additional 580,151 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its holdings in Rubrik by 200.2% during the first quarter. Hsbc Holdings PLC now owns 87,358 shares of the company’s stock worth $5,317,000 after acquiring an additional 58,258 shares during the period. Institutional investors own 49.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. KeyCorp boosted their price target on shares of Rubrik from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. FBN Securities reaffirmed an “outperform” rating on shares of Rubrik in a research report on Wednesday, September 10th. 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. Rosenblatt Securities raised their price target on shares of Rubrik from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $120.00 price target on shares of Rubrik in a report on Thursday, September 11th. Sixteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Rubrik currently has an average rating of “Moderate Buy” and an average target price of $108.67.

Rubrik Trading Down 2.3%

Shares of NYSE RBRK opened at $73.90 on Thursday. The business has a 50-day moving average of $79.46 and a 200-day moving average of $84.52. The firm has a market capitalization of $14.59 billion, a price-to-earnings ratio of -31.58 and a beta of 0.20. Rubrik, Inc. has a 12 month low of $42.01 and a 12 month high of $103.00.

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

Insider Buying and Selling

In other Rubrik news, Director John Wendell Thompson sold 9,009 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $87.83, for a total value of $791,260.47. Following the completion of the sale, the director owned 998 shares in the company, valued at approximately $87,654.34. This trade represents a 90.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CRO Brian K. Mccarthy sold 12,500 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $87.84, for a total value of $1,098,000.00. Following the completion of the sale, the executive directly owned 406,052 shares of the company’s stock, valued at $35,667,607.68. The trade was a 2.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 131,966 shares of company stock valued at $10,403,823 over the last quarter. Company insiders own 32.38% of the company’s stock.

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.