Rubrik, Inc. $RBRK Shares Bought by Melqart Asset Management UK Ltd

Melqart Asset Management UK Ltd increased its holdings in Rubrik, Inc. (NYSE:RBRK) by 111.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 204,771 shares of the company’s stock after buying an additional 108,097 shares during the period. Rubrik comprises approximately 2.2% of Melqart Asset Management UK Ltd’s holdings, making the stock its 17th biggest position. Melqart Asset Management UK Ltd owned 0.10% of Rubrik worth $16,842,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in Rubrik by 73.1% in the second quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock valued at $1,077,106,000 after acquiring an additional 5,077,513 shares during the period. Norges Bank acquired a new stake in shares of Rubrik during the 2nd quarter worth approximately $219,132,000. First Trust Advisors LP raised its position in shares of Rubrik by 44.8% during the 2nd quarter. First Trust Advisors LP now owns 4,462,705 shares of the company’s stock worth $399,814,000 after purchasing an additional 1,380,941 shares during the period. Federated Hermes Inc. lifted its holdings in shares of Rubrik by 101.8% in the 3rd quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock worth $200,506,000 after purchasing an additional 1,229,476 shares during the last quarter. Finally, State Street Corp boosted its position in Rubrik by 139.7% during the 2nd quarter. State Street Corp now owns 1,771,475 shares of the company’s stock valued at $158,706,000 after purchasing an additional 1,032,497 shares during the period. Institutional investors own 49.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on RBRK shares. Wells Fargo & Company lowered their price objective on Rubrik from $125.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday. Roth Mkm reissued a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Mizuho lowered their price target on shares of Rubrik from $97.00 to $80.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th. DA Davidson set a $70.00 price objective on shares of Rubrik in a report on Friday. Finally, William Blair upgraded shares of Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $92.89.

Rubrik Price Performance

Shares of Rubrik stock opened at $53.35 on Friday. Rubrik, Inc. has a 1-year low of $46.36 and a 1-year high of $103.00. The business’s fifty day moving average price is $59.14 and its two-hundred day moving average price is $71.86. The company has a market capitalization of $10.68 billion, a P/E ratio of -30.14 and a beta of 0.45.

Rubrik (NYSE:RBRK) last released its quarterly earnings results on Thursday, March 12th. The company reported $0.04 earnings per share (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 the consensus estimate of $342.43 million. The company’s revenue for the quarter was up 46.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.18) EPS. 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, research analysts expect that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Insider Activity at Rubrik

In related news, CTO Arvind Nithrakashyap sold 4,648 shares of the stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $70.40, for a total value of $327,219.20. Following the completion of the transaction, the chief technology officer owned 337,010 shares in the company, valued at $23,725,504. This represents a 1.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $53.62, for a total transaction of $589,820.00. Following the transaction, the director directly owned 4,653 shares in the company, valued at approximately $249,493.86. The trade was a 70.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 146,219 shares of company stock worth $9,834,982. 32.38% of the stock is owned by company insiders.

Trending Headlines about Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Q4 beat and raised guidance — Rubrik posted $0.04 adj. EPS (vs. a loss expected) and revenue of $377.7M (+46% YoY), and issued Q1 and FY‑2027 guidance well above Street expectations, which underpins the company’s growth narrative and drove initial upside. Rubrik Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Subscription ARR and execution highlighted — Management called out record subscription ARR growth and improved free‑cash metrics, reinforcing the recurring‑revenue story and the company’s positioning around AI/data resilience. Rubrik Inc (RBRK) Q4 2026 Earnings Call Highlights
• Positive Sentiment: Call‑buyers showing conviction — Unusual options activity (large call purchases) suggests some traders are betting on further upside post‑earnings, adding a tactical bullish signal to intraday flows.
• Neutral Sentiment: Mixed analyst posture — Several firms reaffirmed buy/overweight ratings even as they’d trimmed targets (e.g., Piper Sandler reaffirmed overweight with a lower $84 PT). Ratings support the growth case but reduced PTs reflect more cautious near‑term expectations. Piper Sandler Reaffirms Overweight on Rubrik
• Negative Sentiment: Multiple price‑target cuts — BMO, Wedbush and Wells Fargo cut PTs (to $70, $90 and $90 respectively) despite maintaining outperform/overweight stances; those trims cap upside in the near term and signal caution on valuation/timing. Analyst Price Target Moves
• Negative Sentiment: Soft software market and profit‑taking — Commentary notes that even strong results can be muted when the broader software/tech group is weak; that dynamic, plus short‑term traders locking gains after a big run, helps explain the stock’s pullback. Rubrik posts strong Q4, but ‘rarified air’ isn’t enough to lift shares

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).