Knollwood Investment Advisory LLC Grows Position in Rubrik, Inc. $RBRK

Knollwood Investment Advisory LLC lifted its position in shares of Rubrik, Inc. (NYSE:RBRK) by 73.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 209,618 shares of the company’s stock after purchasing an additional 88,886 shares during the quarter. Rubrik accounts for approximately 1.6% of Knollwood Investment Advisory LLC’s portfolio, making the stock its 12th largest holding. Knollwood Investment Advisory LLC’s holdings in Rubrik were worth $17,241,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP grew its position in Rubrik by 1,030.8% during the second quarter. Allworth Financial LP now owns 294 shares of the company’s stock valued at $26,000 after buying an additional 268 shares during the period. Bogart Wealth LLC raised its position in shares of Rubrik by 352.2% in the third quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after acquiring an additional 243 shares during the period. EverSource Wealth Advisors LLC boosted its stake 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 purchased a new stake in shares of Rubrik during the 3rd quarter worth about $31,000. Finally, Guerra Advisors Inc acquired a new stake in shares of Rubrik during the 3rd quarter valued at about $33,000. 49.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rubrik

In related news, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $70.88, for a total transaction of $708,800.00. Following the completion of the sale, the insider owned 330,772 shares of the company’s stock, valued at approximately $23,445,119.36. This represents a 2.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Arvind Nithrakashyap sold 4,648 shares of the stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $70.40, for a total transaction of $327,219.20. Following the completion of the sale, the chief technology officer owned 337,010 shares of the company’s stock, valued at approximately $23,725,504. The trade was a 1.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 146,219 shares of company stock valued at $9,834,982 over the last ninety days. 32.38% of the stock is currently owned by corporate insiders.

Rubrik Trading Down 3.4%

NYSE:RBRK opened at $51.60 on Tuesday. The stock has a 50 day moving average of $58.70 and a two-hundred day moving average of $71.36. Rubrik, Inc. has a 12 month low of $46.36 and a 12 month high of $103.00. The firm has a market cap of $10.33 billion, a P/E ratio of -29.15 and a beta of 0.46.

Rubrik (NYSE:RBRK) last released its earnings results 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 firm had revenue of $377.68 million during the quarter, compared to analysts’ expectations of $342.43 million. During the same quarter last year, the business earned ($0.18) EPS. The business’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. On average, research analysts forecast that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Citigroup cut their price target on Rubrik from $115.00 to $88.00 and set a “buy” rating for the company in a research note on Monday. William Blair raised Rubrik from a “market perform” rating to an “outperform” rating in a report on Friday, December 5th. DA Davidson set a $70.00 target price on Rubrik in a research note on Friday. Guggenheim reiterated a “buy” rating and set a $110.00 target price on shares of Rubrik in a research report on Friday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Rubrik in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $90.42.

Rubrik Profile

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).