12,059 Shares in Rubrik, Inc. $RBRK Acquired by Sierra Summit Advisors LLC

Posted by Stanley Muller on May 21st, 2026

Sierra Summit Advisors LLC purchased a new position in shares of Rubrik, Inc. (NYSE:RBRK – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm purchased 12,059 shares of the company’s stock, valued at approximately $922,000.

Other large investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in shares of Rubrik by 1,360.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company’s stock worth $30,000 after acquiring an additional 340 shares in the last quarter. Financial Life Planners acquired a new stake in shares of Rubrik during the 3rd quarter worth approximately $31,000. Guerra Advisors Inc acquired a new stake in shares of Rubrik during the 3rd quarter worth approximately $33,000. Atlantic Union Bankshares Corp boosted its position in shares of 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 acquiring an additional 200 shares in the last quarter. 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.

Insider Activity

In other news, CFO Kiran Kumar Choudary sold 122,613 shares of the firm’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $48.20, for a total transaction of $5,909,946.60. Following the completion of the transaction, the chief financial officer owned 564,901 shares of the company’s stock, valued at approximately $27,228,228.20. This trade represents a 17.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark D. Mclaughlin purchased 10,638 shares of the company’s stock in a transaction dated Monday, March 30th. The shares were acquired at an average cost of $47.21 per share, with a total value of $502,219.98. Following the purchase, the director directly owned 13,639 shares of the company’s stock, valued at approximately $643,897.19. The trade was a 354.48% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders sold 183,113 shares of company stock valued at $9,076,797. Insiders own 13.66% of the company’s stock.

Wall Street Analyst Weigh In

RBRK has been the topic of several analyst reports. KeyCorp reduced their price target on shares of Rubrik from $80.00 to $70.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Mizuho reduced their price target on shares of Rubrik from $97.00 to $80.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 17th. BTIG Research initiated 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. Barclays dropped their price objective 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. Finally, BMO Capital Markets increased their price objective on shares of Rubrik from $58.00 to $64.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $84.84.

Check Out Our Latest Analysis on RBRK

Rubrik Stock Performance

RBRK stock opened at $66.42 on Thursday. The company has a fifty day moving average price of $53.70 and a 200-day moving average price of $62.56. The company has a market capitalization of $13.44 billion, a P/E ratio of -37.53 and a beta of 0.63. Rubrik, Inc. has a 52-week low of $42.25 and a 52-week high of $103.00.

Rubrik (NYSE:RBRK – Get Free Report) last released its quarterly earnings results on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million for the quarter, compared to the consensus estimate of $342.43 million. Rubrik’s revenue was up 46.3% on a year-over-year basis. During the same period in the previous year, the business posted ($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. As a group, sell-side analysts forecast that Rubrik, Inc. will post -1.41 earnings per share for the current fiscal year.

About Rubrik

(Free Report)

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).

12,059 Shares in Rubrik, Inc. $RBRK Acquired by Sierra Summit Advisors LLC

Insider Activity

Wall Street Analyst Weigh In

Rubrik Stock Performance

About Rubrik

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