Robeco Institutional Asset Management B.V. Trims Holdings in Rubrik, Inc. $RBRK

Robeco Institutional Asset Management B.V. lowered its stake in shares of Rubrik, Inc. (NYSE:RBRK) by 78.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,126 shares of the company’s stock after selling 14,706 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Rubrik were worth $316,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in RBRK. Bogart Wealth LLC increased its stake in shares of Rubrik by 352.2% in the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after acquiring an additional 243 shares during the last quarter. 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 valued at $30,000 after acquiring an additional 340 shares during the last quarter. Financial Life Planners acquired a new position in shares of Rubrik during the 3rd quarter valued at about $31,000. Guerra Advisors Inc purchased a new stake in shares of Rubrik in the third quarter valued at about $33,000. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of Rubrik in the third quarter valued at about $34,000. 49.54% of the stock is currently owned by hedge funds and other institutional investors.

Rubrik Trading Up 0.7%

Shares of RBRK opened at $52.33 on Friday. The company’s 50-day moving average price is $51.79 and its 200 day moving average price is $65.89. Rubrik, Inc. has a 12-month low of $42.25 and a 12-month high of $103.00. The firm has a market cap of $10.58 billion, a P/E ratio of -29.56 and a beta of 0.63.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.15. The company had revenue of $377.68 million for the quarter, compared to analysts’ expectations of $342.43 million. During the same period last year, the business earned ($0.18) EPS. The company’s quarterly 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. Equities research analysts forecast that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on RBRK shares. Guggenheim reaffirmed a “buy” rating and set a $110.00 target price on shares of Rubrik in a research note on Friday, March 13th. Barclays dropped their price target 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. Piper Sandler restated an “overweight” rating and set a $84.00 price target (down from $99.00) on shares of Rubrik in a report on Friday, March 13th. Truist Financial reduced their price target on shares of Rubrik from $110.00 to $80.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Finally, Robert W. Baird decreased their price objective on Rubrik from $125.00 to $110.00 and set an “outperform” rating on the stock in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $88.60.

Insider Transactions at Rubrik

In related news, Director Mark D. Mclaughlin acquired 10,638 shares of the stock in a transaction that occurred on Monday, March 30th. The stock was purchased at an average price of $47.21 per share, with a total value of $502,219.98. Following the transaction, the director owned 13,639 shares of the company’s stock, valued at approximately $643,897.19. This trade represents a 354.48% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John Wendell Thompson sold 11,000 shares of Rubrik stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $53.62, for a total transaction of $589,820.00. Following the completion of the sale, the director owned 4,653 shares of the company’s stock, valued at $249,493.86. This trade represents a 70.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 203,113 shares of company stock worth $10,157,582. 32.38% of the stock is currently owned by insiders.

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).