Renaissance Capital LLC Increases Stock Position in Rubrik, Inc. $RBRK

Renaissance Capital LLC increased its position in Rubrik, Inc. (NYSE:RBRK) by 54.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 112,459 shares of the company’s stock after buying an additional 39,588 shares during the period. Rubrik comprises approximately 5.2% of Renaissance Capital LLC’s holdings, making the stock its 7th largest position. Renaissance Capital LLC owned 0.06% of Rubrik worth $9,250,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of RBRK. NewEdge Advisors LLC boosted its stake in shares of Rubrik by 12.0% in the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after acquiring an additional 150 shares during the period. Creative Planning increased its position in shares of Rubrik by 5.3% during the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after purchasing an additional 236 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in Rubrik by 68.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 588 shares of the company’s stock valued at $53,000 after buying an additional 239 shares during the period. Amundi lifted its position in Rubrik by 0.7% in the first quarter. Amundi now owns 37,116 shares of the company’s stock worth $2,132,000 after buying an additional 262 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in Rubrik by 1,030.8% during the second quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after buying an additional 268 shares during the period. 49.54% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director John Wendell Thompson sold 9,009 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $75.45, for a total value of $679,729.05. Following the transaction, the director owned 998 shares in the company, valued at approximately $75,299.10. This represents a 90.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ravi Mhatre sold 101,659 shares of Rubrik stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $81.82, for a total transaction of $8,317,739.38. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 210,203 shares of company stock worth $16,765,312. Insiders own 32.38% of the company’s stock.

Rubrik Price Performance

NYSE:RBRK opened at $77.79 on Wednesday. Rubrik, Inc. has a 1-year low of $47.35 and a 1-year high of $103.00. The company has a 50-day moving average of $75.26 and a 200 day moving average of $82.00. The firm has a market cap of $15.57 billion, a PE ratio of -39.89 and a beta of 0.32.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.26. The business had revenue of $350.17 million during the quarter, compared to analysts’ expectations of $320.19 million. During the same period in the previous year, the company posted ($0.21) EPS. Rubrik’s revenue for the quarter was up 48.3% on a year-over-year basis. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Sell-side analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on RBRK shares. UBS Group restated a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Mizuho upgraded Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price target on the stock in a report on Monday, November 17th. Rosenblatt Securities boosted their price objective on Rubrik from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, December 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Finally, Barclays lifted their target price on Rubrik from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Rubrik currently has a consensus rating of “Moderate Buy” and a consensus target price of $114.35.

Rubrik Company 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).