Stephens Investment Management Group LLC Has $33.24 Million Stock Holdings in Rubrik, Inc. $RBRK

Stephens Investment Management Group LLC grew its holdings in shares of Rubrik, Inc. (NYSE:RBRK) by 76.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 404,113 shares of the company’s stock after buying an additional 174,471 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Rubrik were worth $33,238,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Comerica Bank lifted its position in Rubrik by 209.0% in the 1st quarter. Comerica Bank now owns 584 shares of the company’s stock valued at $36,000 after acquiring an additional 395 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Rubrik by 231.3% in the first quarter. Royal Bank of Canada now owns 29,320 shares of the company’s stock worth $1,789,000 after purchasing an additional 20,471 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Rubrik by 31.6% in the first quarter. NewEdge Advisors LLC now owns 1,250 shares of the company’s stock worth $76,000 after purchasing an additional 300 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Rubrik by 33.5% in the first quarter. Goldman Sachs Group Inc. now owns 940,351 shares of the company’s stock valued at $57,343,000 after purchasing an additional 236,181 shares in the last quarter. Finally, Rhumbline Advisers boosted 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 valued at $182,000 after buying an additional 2,000 shares during the last quarter. 49.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on RBRK shares. Mizuho upgraded Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price objective on the stock in a research note on Monday, November 17th. Wedbush reissued an “outperform” rating and set a $120.00 price target on shares of Rubrik in a research report on Friday, December 5th. William Blair raised shares of Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday, December 5th. Roth Capital reissued a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Finally, Cantor Fitzgerald cut their target price on Rubrik from $115.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 3rd. Twenty-one research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Rubrik has an average rating of “Moderate Buy” and an average target price of $112.18.

Rubrik Stock Down 2.8%

RBRK opened at $67.12 on Friday. Rubrik, Inc. has a twelve month low of $47.35 and a twelve month high of $103.00. The company’s 50-day moving average price is $74.73 and its two-hundred day moving average price is $80.59. The stock has a market cap of $13.43 billion, a price-to-earnings ratio of -34.42 and a beta of 0.27.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.26. The company had revenue of $350.17 million for the quarter, compared to analysts’ expectations of $320.19 million. During the same quarter in the previous year, the business earned ($0.21) EPS. The company’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. As a group, sell-side analysts anticipate that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Key Rubrik News

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik launched “Rubrik Security Cloud Sovereign,” a product designed to give global customers tighter control over data residency and access — a feature aimed at regulated and national-security-sensitive customers that could expand sales in large enterprises and government. Rubrik Announces Rubrik Security Cloud Sovereign
• Positive Sentiment: KeyCorp reiterated an Overweight view and a $95 price target, publishing a Q3 2027 EPS estimate (‑$0.35) while maintaining optimistic positioning on Rubrik’s growth trajectory — analyst support can help stabilize sentiment and attract buyers. (KeyCorp research note)
• Neutral Sentiment: Rubrik introduced “CXO Visionaries,” a marketing/program initiative aimed at C-level engagement and thought leadership — positive for brand and pipeline development but unlikely to move near-term fundamentals by itself. Rubrik Introduces CXO Visionaries
• Negative Sentiment: Company insiders sold material amounts of stock this week: CTO Arvind Nithrakashyap sold 4,648 shares at ~$70.40 (and earlier sold 1,045 shares at ~$70.05)—small reductions but visible insider selling can unsettle retail investors. CTO Form 4
• Negative Sentiment: CFO Kiran Kumar Choudary sold 20,000 shares at an average price of $67.66 (≈$1.35M), reducing his stake by ~3.9% — this larger insider sale is likely the principal negative catalyst for today’s weaker share performance. CFO Form 4

Insider Transactions at Rubrik

In other news, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $70.88, for a total transaction of $708,800.00. Following the transaction, the insider owned 330,772 shares of the company’s stock, valued at $23,445,119.36. This represents a 2.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Arvind Nithrakashyap sold 4,648 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $70.40, for a total value of $327,219.20. Following the transaction, the chief technology officer owned 337,010 shares of the company’s stock, valued at $23,725,504. The trade was a 1.36% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 249,396 shares of company stock valued at $19,381,819. Corporate insiders own 32.38% of the company’s stock.

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).