Slow Capital Inc. Has $1.84 Million Stake in Rubrik, Inc. $RBRK

Slow Capital Inc. decreased its stake in shares of Rubrik, Inc. (NYSE:RBRK) by 40.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 24,050 shares of the company’s stock after selling 16,570 shares during the quarter. Slow Capital Inc.’s holdings in Rubrik were worth $1,839,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Bogart Wealth LLC grew its position in Rubrik by 352.2% during the third quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after buying an additional 243 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Rubrik by 1,360.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company’s stock valued at $30,000 after acquiring an additional 340 shares in the last quarter. Financial Life Planners bought a new stake in shares of Rubrik in the 3rd quarter worth approximately $31,000. Guerra Advisors Inc bought a new stake in shares of Rubrik in the 3rd quarter worth approximately $33,000. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Rubrik during the 3rd quarter worth approximately $34,000. Institutional investors and hedge funds own 49.54% of the company’s stock.

Analysts Set New Price Targets

RBRK has been the topic of a number of research reports. The Goldman Sachs Group lowered their price objective on Rubrik from $120.00 to $80.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Piper Sandler reiterated an “overweight” rating and set a $84.00 price target (down from $99.00) on shares of Rubrik in a research note on Friday, March 13th. DA Davidson set a $70.00 price target on shares of Rubrik in a report on Friday, March 13th. BTIG Research started coverage on shares of Rubrik in a research note on Friday, March 20th. They issued a “buy” rating and a $64.00 price objective for the company. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $110.00 price objective on shares of Rubrik in a report on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $88.60.

Insider Activity

In other Rubrik news, Director John Wendell Thompson sold 2,500 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $48.96, for a total transaction of $122,400.00. Following the transaction, the director owned 20,000 shares of the company’s stock, valued at approximately $979,200. This represents a 11.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kiran Kumar Choudary sold 20,000 shares of the stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $51.69, for a total value of $1,033,800.00. Following the completion of the transaction, the chief financial officer owned 549,901 shares in the company, valued at $28,424,382.69. The trade was a 3.51% 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. Insiders have sold 203,113 shares of company stock valued at $10,157,582 over the last three months. 32.38% of the stock is owned by insiders.

Rubrik Stock Up 1.2%

Rubrik stock opened at $51.97 on Friday. The stock has a 50-day simple moving average of $51.76 and a 200 day simple moving average of $66.11. The stock has a market capitalization of $10.51 billion, a price-to-earnings ratio of -29.36 and a beta of 0.63. Rubrik, Inc. has a 12-month low of $42.25 and a 12-month high of $103.00.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.15. The company had revenue of $377.68 million during the quarter, compared to analyst estimates of $342.43 million. During the same quarter in the previous year, the business posted ($0.18) EPS. The company’s 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, sell-side analysts anticipate 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).