Rubrik, Inc. $RBRK Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC raised its position in Rubrik, Inc. (NYSE:RBRK) by 7.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,528,649 shares of the company’s stock after buying an additional 178,714 shares during the quarter. Geode Capital Management LLC’s holdings in Rubrik were worth $193,433,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Rubrik by 12.9% in the 4th quarter. Vanguard Group Inc. now owns 14,694,503 shares of the company’s stock valued at $1,123,836,000 after buying an additional 1,678,255 shares during the period. First Trust Advisors LP increased its stake in Rubrik by 10.9% in the 3rd quarter. First Trust Advisors LP now owns 4,947,785 shares of the company’s stock valued at $406,955,000 after buying an additional 485,080 shares during the period. Bank of America Corp DE increased its stake in Rubrik by 7.0% in the 2nd quarter. Bank of America Corp DE now owns 2,073,044 shares of the company’s stock valued at $185,724,000 after buying an additional 136,262 shares during the period. Legal & General Group Plc increased its stake in Rubrik by 8.6% in the 4th quarter. Legal & General Group Plc now owns 1,904,810 shares of the company’s stock valued at $145,680,000 after buying an additional 151,234 shares during the period. Finally, State Street Corp increased its stake in Rubrik by 139.7% in the 2nd quarter. State Street Corp now owns 1,771,475 shares of the company’s stock valued at $158,706,000 after buying an additional 1,032,497 shares during the period. 49.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Rubrik

In related news, CTO Arvind Nithrakashyap sold 12,820 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $82.16, for a total value of $1,053,291.20. Following the sale, the chief technology officer directly owned 314,048 shares in the company, valued at $25,802,183.68. The trade was a 3.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 721 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $80.73, for a total transaction of $58,206.33. Following the completion of the sale, the director owned 2,326 shares in the company, valued at $187,777.98. This represents a 23.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 398,939 shares of company stock valued at $27,628,167 over the last 90 days. 13.66% of the stock is currently owned by corporate insiders.

Rubrik Stock Performance

Shares of NYSE RBRK opened at $79.55 on Thursday. The firm has a market capitalization of $16.09 billion, a P/E ratio of -44.94 and a beta of 1.10. Rubrik, Inc. has a one year low of $42.25 and a one year high of $103.00. The company’s fifty day moving average is $57.70 and its two-hundred day moving average is $62.50.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million during the quarter, compared to analysts’ expectations of $342.43 million. During the same quarter in the prior year, the firm earned ($0.18) earnings per share. Rubrik’s quarterly revenue was up 46.3% on a year-over-year basis. 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, sell-side analysts forecast that Rubrik, Inc. will post -1.45 earnings per share for the current fiscal year.

Key Headlines Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik gained early access to Anthropic’s Mythos Research Preview, which could bolster its cyber resilience offerings and support the company’s AI/security narrative. Rubrik Gains Access to Anthropic Mythos Research Preview to Advance Cyber Resilience
• Positive Sentiment: Jefferies said Rubrik is likely heading into its first-quarter report with strong demand trends in cyber resilience and identity security, which may help support the stock if results and guidance are solid. Rubrik faces high expectations going into Q1 earnings report
• Neutral Sentiment: Several analysts continue to rate Rubrik favorably, with a consensus “Moderate Buy” and a target price near recent trading levels, suggesting Wall Street still sees upside, but not enough to offset near-term headline risk. A Look At Rubrik (RBRK) Valuation As AI And Cybersecurity Partnerships Draw Market Attention
• Negative Sentiment: CTO Arvind Nithrakashyap sold a large block of shares in multiple transactions, including a sizable June 1 sale, adding to concerns that insiders may be trimming exposure after the stock’s recent run-up. SEC filing for Arvind Nithrakashyap sale
• Negative Sentiment: Director John Wendell Thompson also sold shares, including a much larger June 1 transaction, which can weigh on sentiment when investors are already focused on valuation and upcoming earnings. SEC filing for John Wendell Thompson sale
• Negative Sentiment: Director Yvonne Wassenaar disclosed additional share sales, reinforcing the broader insider-selling theme that may be contributing to today’s weakness. SEC filing for Yvonne Wassenaar sale

Wall Street Analyst Weigh In

RBRK has been the topic of several recent research reports. BMO Capital Markets boosted 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. Barclays decreased their target price on shares of Rubrik from $100.00 to $70.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 3rd. Wolfe Research assumed coverage on shares of Rubrik in a research report on Friday, May 1st. They set an “outperform” rating and a $70.00 target price on the stock. Wells Fargo & Company decreased their target price on shares of Rubrik from $125.00 to $90.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Finally, Jefferies Financial Group assumed coverage on shares of Rubrik in a research report on Monday, April 27th. They set a “buy” rating and a $65.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $85.12.

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).