Allen Operations LLC Invests $880,000 in Rubrik, Inc. $RBRK

Allen Operations LLC purchased a new position in shares of Rubrik, Inc. (NYSE:RBRK) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,694 shares of the company’s stock, valued at approximately $880,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Rubrik by 73.1% during the 2nd quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock worth $1,077,106,000 after purchasing an additional 5,077,513 shares during the last quarter. First Trust Advisors LP increased its stake in Rubrik by 44.8% in the second quarter. First Trust Advisors LP now owns 4,462,705 shares of the company’s stock valued at $399,814,000 after purchasing an additional 1,380,941 shares in the last quarter. Voya Investment Management LLC raised its stake in Rubrik by 18.0% during the 3rd quarter. Voya Investment Management LLC now owns 3,569,026 shares of the company’s stock worth $293,552,000 after buying an additional 543,855 shares during the period. Norges Bank bought a new position in shares of Rubrik in the 2nd quarter worth $219,132,000. Finally, Federated Hermes Inc. increased its position in shares of Rubrik by 101.8% during the third quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock worth $200,506,000 after acquiring an additional 1,229,476 shares in the last quarter. 49.54% of the stock is owned by institutional investors.

Insider Activity

In other Rubrik news, CFO Kiran Kumar Choudary sold 20,000 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $67.66, for a total transaction of $1,353,200.00. Following the completion of the sale, the chief financial officer directly owned 489,959 shares in the company, valued at approximately $33,150,625.94. The trade was a 3.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $70.88, for a total value of $708,800.00. Following the sale, the insider owned 330,772 shares of the company’s stock, valued at approximately $23,445,119.36. This trade represents a 2.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 240,387 shares of company stock valued at $18,436,515 in the last quarter. 32.38% of the stock is owned by company insiders.

Rubrik Stock Up 5.9%

NYSE:RBRK opened at $54.09 on Tuesday. Rubrik, Inc. has a twelve month low of $47.35 and a twelve month high of $103.00. The stock has a market cap of $10.83 billion, a P/E ratio of -27.74 and a beta of 0.33. The firm’s fifty day simple moving average is $71.24 and its 200 day simple moving average is $77.39.

Rubrik (NYSE:RBRK) last released its earnings results on Thursday, December 4th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.26. The firm had revenue of $350.17 million during the quarter, compared to analysts’ expectations of $320.19 million. The company’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($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. On average, analysts expect that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Analyst Ratings Changes

RBRK has been the subject of several recent analyst reports. Wedbush reiterated an “outperform” rating and issued a $120.00 target price on shares of Rubrik in a research note on Friday, December 5th. Stephens assumed coverage on shares of Rubrik in a report on Monday, December 29th. They set an “overweight” rating and a $105.00 price objective on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Rubrik in a research note on Friday, December 5th. UBS Group reiterated a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Finally, Mizuho upgraded shares of Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price objective on the stock in a research report on Monday, November 17th. Twenty-two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $110.39.

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).