Rubrik, Inc. $RBRK Shares Acquired by Legal Advantage Investments Inc.

Legal Advantage Investments Inc. lifted its position in shares of Rubrik, Inc. (NYSE:RBRK) by 122.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,100 shares of the company’s stock after purchasing an additional 5,000 shares during the period. Legal Advantage Investments Inc.’s holdings in Rubrik were worth $815,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in RBRK. Rhumbline Advisers increased its position in shares of Rubrik by 204.1% during the first quarter. Rhumbline Advisers now owns 2,980 shares of the company’s stock worth $182,000 after purchasing an additional 2,000 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Rubrik during the 1st quarter worth $820,000. Pursue Wealth Partners LLC acquired a new stake in Rubrik during the 1st quarter worth $2,313,000. Oppenheimer & Co. Inc. acquired a new stake in Rubrik during the 1st quarter worth $225,000. Finally, Bessemer Group Inc. boosted its stake in Rubrik by 1,610.7% during the 1st quarter. Bessemer Group Inc. now owns 165,594 shares of the company’s stock worth $10,098,000 after purchasing an additional 155,914 shares during the period. Institutional investors and hedge funds own 49.54% of the company’s stock.

Rubrik Stock Performance

RBRK stock opened at $82.43 on Friday. Rubrik, Inc. has a one year low of $37.38 and a one year high of $103.00. The stock has a market capitalization of $16.28 billion, a PE ratio of -35.23 and a beta of 0.24. The company has a fifty day moving average of $84.84 and a 200-day moving average of $81.88.

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

Insider Activity at Rubrik

In related news, CFO Kiran Kumar Choudary sold 3,500 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $82.68, for a total value of $289,380.00. Following the completion of the sale, the chief financial officer owned 513,551 shares in the company, valued at $42,460,396.68. This trade 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 available at this link. Also, Director John Wendell Thompson sold 9,009 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $82.76, for a total transaction of $745,584.84. Following the completion of the sale, the director owned 998 shares of the company’s stock, valued at $82,594.48. This trade represents a 90.03% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 124,466 shares of company stock worth $10,083,014 over the last three months. 32.38% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Rubrik in a research note on Wednesday. Wall Street Zen cut shares of Rubrik from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. Cantor Fitzgerald reiterated an “overweight” rating and set a $115.00 price target on shares of Rubrik in a research note on Wednesday, September 10th. Wedbush reiterated an “outperform” rating and set a $120.00 price target on shares of Rubrik in a research note on Thursday, September 11th. Finally, Rosenblatt Securities raised their target price 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. Sixteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Rubrik currently has an average rating of “Moderate Buy” and a consensus price target of $108.67.

Rubrik Company 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.