XTX Topco Ltd Sells 48,570 Shares of Rubrik, Inc. $RBRK

XTX Topco Ltd decreased its position in shares of Rubrik, Inc. (NYSE:RBRK) by 91.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 4,727 shares of the company’s stock after selling 48,570 shares during the period. XTX Topco Ltd’s holdings in Rubrik were worth $423,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Creative Planning lifted its holdings in shares of Rubrik by 5.3% in the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock worth $418,000 after purchasing an additional 236 shares in the last quarter. Amundi grew its holdings in shares of Rubrik by 0.7% during the first quarter. Amundi now owns 37,116 shares of the company’s stock valued at $2,132,000 after buying an additional 262 shares during the last quarter. Allworth Financial LP increased its position in shares of Rubrik by 1,030.8% during the second 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. ST Germain D J Co. Inc. acquired a new stake in shares of Rubrik in the 2nd quarter worth about $27,000. Finally, NewEdge Advisors LLC lifted its position in Rubrik by 31.6% in the 1st quarter. NewEdge Advisors LLC now owns 1,250 shares of the company’s stock valued at $76,000 after acquiring an additional 300 shares in the last quarter. 49.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Rubrik

In related news, CFO Kiran Kumar Choudary sold 6,599 shares of the company’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 $489,711.79. Following the transaction, the chief financial officer owned 516,184 shares in the company, valued at approximately $38,306,014.64. This represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brian K. Mccarthy sold 10,000 shares of the stock in a transaction on Monday, November 10th. The shares were sold at an average price of $75.90, for a total value of $759,000.00. Following the transaction, the insider directly owned 349,319 shares of the company’s stock, valued at approximately $26,513,312.10. This trade represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 115,966 shares of company stock valued at $8,777,876 in the last three months. Insiders own 32.38% of the company’s stock.

Rubrik Trading Up 22.6%

Shares of Rubrik stock opened at $86.36 on Friday. The business’s fifty day simple moving average is $75.46 and its 200 day simple moving average is $83.64. Rubrik, Inc. has a 12 month low of $47.35 and a 12 month high of $103.00. The firm has a market capitalization of $17.05 billion, a P/E ratio of -44.29 and a beta of 0.32.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.26. The business had revenue of $350.17 million for 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 period in the prior year, the business earned ($0.21) earnings per share. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Analysts predict that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on RBRK shares. Wedbush reissued an “outperform” rating and set a $120.00 price objective on shares of Rubrik in a report on Friday. Piper Sandler reaffirmed an “overweight” rating and set a $118.00 target price (up previously from $115.00) on shares of Rubrik in a research report on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rubrik in a report on Monday. Cantor Fitzgerald dropped their price objective on Rubrik from $115.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Robert W. Baird lifted their price objective on shares of Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday. Twenty research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $113.06.

Rubrik Company 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.