DekaBank Deutsche Girozentrale Takes Position in Rubrik, Inc. $RBRK

DekaBank Deutsche Girozentrale purchased a new position in shares of Rubrik, Inc. (NYSE:RBRK) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 58,365 shares of the company’s stock, valued at approximately $5,036,000.

A number of other hedge funds have also bought and sold shares of RBRK. Oppenheimer & Co. Inc. bought a new stake in Rubrik during the first quarter worth $225,000. Bessemer Group Inc. lifted its holdings in Rubrik by 1,610.7% during the first quarter. Bessemer Group Inc. now owns 165,594 shares of the company’s stock worth $10,098,000 after acquiring an additional 155,914 shares during the period. Perpetual Ltd lifted its holdings in Rubrik by 63.1% during the first quarter. Perpetual Ltd now owns 7,005 shares of the company’s stock worth $427,000 after acquiring an additional 2,709 shares during the period. KBC Group NV lifted its holdings in Rubrik by 24.6% during the first quarter. KBC Group NV now owns 3,337 shares of the company’s stock worth $203,000 after acquiring an additional 658 shares during the period. Finally, Teacher Retirement System of Texas bought a new stake in Rubrik during the first quarter worth $52,092,000. 49.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CRO Brian K. Mccarthy sold 12,500 shares of Rubrik stock in a transaction on Friday, August 1st. The stock was sold at an average price of $87.29, for a total value of $1,091,125.00. Following the completion of the transaction, the executive directly owned 418,552 shares in the company, valued at approximately $36,535,404.08. The trade was a 2.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Arvind Nithrakashyap sold 40,170 shares of the business’s stock in a transaction dated 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 transaction, the chief technology officer owned 333,528 shares of the company’s stock, valued at approximately $24,751,112.88. The trade was a 10.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 134,466 shares of company stock valued at $10,898,894 in the last ninety days. 32.38% of the stock is owned by company insiders.

Rubrik Stock Performance

Shares of NYSE RBRK opened at $77.04 on Friday. The stock has a market cap of $15.21 billion, a PE ratio of -32.92 and a beta of 0.24. Rubrik, Inc. has a fifty-two week low of $39.11 and a fifty-two week high of $103.00. The stock has a fifty day moving average of $82.93 and a 200-day moving average of $83.10.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.34) by $0.31. The company had revenue of $309.86 million during the quarter, compared to analysts’ expectations of $282.25 million. Rubrik’s revenue for the quarter was up 44.9% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.40) earnings per share. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. On average, sell-side analysts predict that Rubrik, Inc. will post -7.66 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on RBRK. KeyCorp lifted their price target on Rubrik from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Rosenblatt Securities boosted their target price on Rubrik from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Wedbush restated an “outperform” rating and issued a $120.00 target price on shares of Rubrik in a research note on Thursday, September 11th. Cantor Fitzgerald restated an “overweight” rating and issued a $115.00 target price on shares of Rubrik in a research note on Wednesday, September 10th. Finally, Barclays boosted their target price on Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Sixteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Rubrik presently has an average rating of “Moderate Buy” and an average price target of $108.67.

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.