Knollwood Investment Advisory LLC Buys 70,844 Shares of Rubrik, Inc. $RBRK

Knollwood Investment Advisory LLC raised its position in Rubrik, Inc. (NYSE:RBRK) by 142.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 120,732 shares of the company’s stock after buying an additional 70,844 shares during the period. Rubrik makes up 1.0% of Knollwood Investment Advisory LLC’s portfolio, making the stock its 15th biggest holding. Knollwood Investment Advisory LLC’s holdings in Rubrik were worth $10,816,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in RBRK. LPL Financial LLC boosted its stake in shares of Rubrik by 4.8% in the 1st quarter. LPL Financial LLC now owns 99,814 shares of the company’s stock valued at $6,087,000 after purchasing an additional 4,543 shares during the last quarter. US Bancorp DE increased its position in Rubrik by 80.3% in the 1st quarter. US Bancorp DE now owns 35,245 shares of the company’s stock valued at $2,149,000 after buying an additional 15,698 shares in the last quarter. PNC Financial Services Group Inc. acquired a new position in shares of Rubrik during the first quarter worth approximately $30,000. Atria Wealth Solutions Inc. lifted its stake in shares of Rubrik by 15.9% in the first quarter. Atria Wealth Solutions Inc. now owns 25,500 shares of the company’s stock valued at $1,555,000 after buying an additional 3,500 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Rubrik by 9.7% during the 1st quarter. Vanguard Group Inc. now owns 6,945,101 shares of the company’s stock valued at $423,512,000 after purchasing an additional 616,917 shares during the last quarter. 49.54% of the stock is currently owned by institutional investors.

Insider Transactions at Rubrik

In other news, CTO Arvind Nithrakashyap sold 40,170 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $74.21, for a total value of $2,981,015.70. Following the completion of the transaction, the chief technology officer owned 333,528 shares in the company, valued at $24,751,112.88. This trade represents a 10.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John Wendell Thompson sold 9,009 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $82.76, for a total value of $745,584.84. Following the transaction, the director directly owned 998 shares of the company’s stock, valued at $82,594.48. This represents a 90.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 115,966 shares of company stock worth $8,777,876 over the last quarter. Insiders own 32.38% of the company’s stock.

Analyst Ratings Changes

RBRK has been the topic of a number of research analyst reports. Guggenheim restated a “buy” rating and issued a $108.00 target price on shares of Rubrik in a research note on Monday. KeyCorp reissued an “overweight” rating on shares of Rubrik in a research report on Friday. William Blair upgraded Rubrik to an “outperform” rating in a research note on Friday. Wedbush restated an “outperform” rating and set a $120.00 price target on shares of Rubrik in a research report on Thursday, September 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Rubrik in a research report on Monday. Nineteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $109.06.

Rubrik Trading Down 1.4%

Shares of NYSE:RBRK opened at $70.42 on Friday. Rubrik, Inc. has a 12 month low of $47.35 and a 12 month high of $103.00. The company has a market cap of $13.91 billion, a price-to-earnings ratio of -30.10 and a beta of 0.32. The company has a 50-day moving average price of $75.38 and a 200-day moving average price of $83.64.

Rubrik (NYSE:RBRK) last released its quarterly earnings data 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. The company’s quarterly revenue was up 48.3% compared to the same quarter last year. During the same quarter last year, the business posted ($0.21) EPS. 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, research analysts forecast that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Rubrik Profile

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.