WCM Investment Management LLC Purchases New Holdings in Rubrik, Inc. $RBRK

WCM Investment Management LLC acquired a new position in shares of Rubrik, Inc. (NYSE:RBRK) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 56,605 shares of the company’s stock, valued at approximately $4,717,000.

A number of other hedge funds have also recently bought and sold shares of the company. Strs Ohio increased its stake in shares of Rubrik by 90.8% in the 3rd quarter. Strs Ohio now owns 62,300 shares of the company’s stock valued at $5,124,000 after acquiring an additional 29,649 shares during the last quarter. GGM Financials LLC acquired a new position in Rubrik during the second quarter valued at approximately $8,108,000. Federated Hermes Inc. grew its holdings in Rubrik by 101.8% during the third quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock valued at $200,506,000 after purchasing an additional 1,229,476 shares during the period. TD Waterhouse Canada Inc. increased its stake in Rubrik by 471.4% in the third quarter. TD Waterhouse Canada Inc. now owns 50,614 shares of the company’s stock valued at $4,181,000 after purchasing an additional 41,756 shares in the last quarter. Finally, Slow Capital Inc. acquired a new stake in Rubrik in the third quarter worth $3,341,000. 49.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on RBRK. UBS Group reiterated a “buy” rating on shares of Rubrik in a report on Friday, December 5th. William Blair upgraded Rubrik from a “market perform” rating to an “outperform” rating in a report on Friday, December 5th. Citigroup reiterated a “buy” rating on shares of Rubrik in a research report on Monday, January 12th. BMO Capital Markets cut their price target on shares of Rubrik from $110.00 to $105.00 and set an “outperform” rating on the stock in a research note on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Twenty-one research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $112.18.

Insider Activity at Rubrik

In other Rubrik news, CFO Kiran Kumar Choudary sold 20,000 shares of the firm’s stock in a transaction that occurred 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 $33,150,625.94. This trade represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CTO Arvind Nithrakashyap sold 4,648 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $70.40, for a total value of $327,219.20. Following the sale, the chief technology officer owned 337,010 shares of the company’s stock, valued at approximately $23,725,504. This represents a 1.36% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 250,387 shares of company stock worth $19,195,515. 32.38% of the stock is owned by corporate insiders.

Rubrik Price Performance

Rubrik stock opened at $52.08 on Wednesday. The company has a market cap of $10.42 billion, a price-to-earnings ratio of -26.71 and a beta of 0.31. Rubrik, Inc. has a one year low of $47.35 and a one year high of $103.00. The firm has a 50-day moving average of $72.62 and a 200-day moving average of $78.34.

Rubrik (NYSE:RBRK) last released its quarterly earnings data 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 business had revenue of $350.17 million during the quarter, compared to analyst estimates of $320.19 million. During the same period in the previous year, the business earned ($0.21) earnings per share. The business’s quarterly 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. As a group, sell-side analysts expect that Rubrik, Inc. will post -7.66 earnings per share for the current year.

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).