Rubrik, Inc. $RBRK Shares Acquired by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund boosted its stake in shares of Rubrik, Inc. (NYSE:RBRK) by 95.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 19,156 shares of the company’s stock after acquiring an additional 9,377 shares during the period. Illinois Municipal Retirement Fund’s holdings in Rubrik were worth $1,576,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of RBRK. Allworth Financial LP raised its stake in Rubrik by 1,030.8% during the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after acquiring an additional 268 shares in the last quarter. Bogart Wealth LLC grew its stake in shares of Rubrik by 352.2% in the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock valued at $26,000 after purchasing an additional 243 shares during the last quarter. Guerra Advisors Inc purchased a new position in Rubrik during the 3rd quarter worth $33,000. Comerica Bank lifted its position in Rubrik by 209.0% in the first quarter. Comerica Bank now owns 584 shares of the company’s stock valued at $36,000 after purchasing an additional 395 shares during the period. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of Rubrik in the 2nd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Rubrik Stock Performance

Shares of RBRK stock opened at $53.44 on Wednesday. The stock has a market cap of $10.70 billion, a price-to-earnings ratio of -27.41 and a beta of 0.31. Rubrik, Inc. has a 52-week low of $47.35 and a 52-week high of $103.00. The firm has a fifty day moving average of $68.20 and a 200-day moving average of $75.89.

Rubrik (NYSE:RBRK) last posted its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (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 the consensus estimate of $320.19 million. During the same quarter last year, the firm posted ($0.21) EPS. The business’s revenue 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. On average, sell-side analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Insider Buying and Selling at Rubrik

In other Rubrik news, CFO Kiran Kumar Choudary sold 20,000 shares of the stock in a transaction dated 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 sale, the chief financial officer directly owned 489,959 shares in the company, valued at $33,150,625.94. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Arvind Nithrakashyap sold 4,648 shares of Rubrik stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $70.40, for a total transaction of $327,219.20. Following the completion of the transaction, the chief technology officer directly owned 337,010 shares in the company, valued at $23,725,504. This trade represents a 1.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 236,887 shares of company stock worth $18,193,405. Company insiders own 32.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on RBRK shares. BMO Capital Markets decreased their target price on shares of Rubrik from $110.00 to $105.00 and set an “outperform” rating on the stock in a research report on Friday, December 5th. The Goldman Sachs Group lowered their price target on Rubrik from $120.00 to $80.00 and set a “buy” rating for the company in a report on Monday, February 9th. Wedbush reissued an “outperform” rating and issued a $120.00 price target on shares of Rubrik in a report on Friday, December 5th. Guggenheim set a $110.00 price target on Rubrik in a research report on Friday, December 5th. Finally, William Blair upgraded shares of Rubrik from a “market perform” rating to an “outperform” rating in a report on Friday, December 5th. Twenty-two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $106.94.

Rubrik 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).