11,241 Shares in Rubrik, Inc. $RBRK Bought by Stableford Capital II LLC

Stableford Capital II LLC purchased a new stake in Rubrik, Inc. (NYSE:RBRK) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 11,241 shares of the company’s stock, valued at approximately $1,287,000.

Several other institutional investors also recently made changes to their positions in RBRK. CoreCap Advisors LLC increased its holdings in shares of Rubrik by 268.2% during the 3rd quarter. CoreCap Advisors LLC now owns 545 shares of the company’s stock worth $62,000 after buying an additional 397 shares during the last quarter. Essential Partners LLC boosted its holdings in Rubrik by 99.3% in the first quarter. Essential Partners LLC now owns 570 shares of the company’s stock valued at $28,000 after acquiring an additional 284 shares during the last quarter. Markowski Investments acquired a new position in Rubrik in the second quarter valued at $48,000. Versant Capital Management Inc grew its position in Rubrik by 54.6% during the second quarter. Versant Capital Management Inc now owns 926 shares of the company’s stock valued at $74,000 after acquiring an additional 327 shares during the period. Finally, Sunbelt Securities Inc. purchased a new stake in Rubrik during the first quarter valued at about $46,000. 49.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Wedbush began coverage on Rubrik in a report on Friday, September 11th. They issued an “outperform” rating and a $120.00 price objective on the stock. Mizuho boosted their target price on Rubrik from $90.00 to $112.00 and gave the stock an “outperform” rating in a report on Wednesday, August 19th. Truist Financial increased their target price on shares of Rubrik from $90.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Robert W. Baird raised their price target on shares of Rubrik from $130.00 to $139.00 and gave the company an “outperform” rating in a report on Wednesday, September 23rd. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Rubrik in a research report on Monday, August 31st. Twenty-eight equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Rubrik currently has an average rating of “Moderate Buy” and an average price target of $114.42.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik expanded Project Hourglass with Rubrik Code Guardian, a code-security tool powered by Anthropic’s Claude. The offering is designed to help identify and address security risks in software development, broadening Rubrik’s opportunity beyond data backup and cyber recovery. Rubrik Expands Project Hourglass with Rubrik Code Guardian, Powered by Claude
• Positive Sentiment: Additional global systems-integrator partners—including AHEAD, Trace3 and World Wide Technology—joined Project Hourglass. The broader partner ecosystem could improve Rubrik’s enterprise distribution and support adoption of its AI operations and security products. Rubrik expands Project Hourglass with code security tool in preview
• Positive Sentiment: Rubrik’s healthcare-security push is helping position the company as a broader cyber-resilience provider. Expansion into a highly regulated industry could increase its addressable market and strengthen its enterprise narrative. Is Rubrik’s Healthcare Security Push Reframing Its Core Cyber Resilience Narrative?
• Neutral Sentiment: The stock has reached new highs following strong recent fundamentals: quarterly revenue rose 43.9% year over year to $427.3 million, exceeding estimates, while EPS also beat expectations. However, investors are weighing the growth opportunity against a market capitalization above $25 billion and continued reported losses. How to play Rubrik stock at new all-time highs
• Negative Sentiment: Rubrik’s CTO Arvind Nithrakashyap sold shares worth approximately $1.57 million, following another sale at a higher price. The transactions were executed under a pre-arranged Rule 10b5-1 plan, reducing their negative significance, but repeated insider selling can still pressure sentiment after the sharp rally. Insider Selling: Rubrik CTO Sells Stock
• Negative Sentiment: Director Yvonne Wassenaar also sold 721 shares under a pre-arranged plan. The relatively small transaction is unlikely to affect fundamentals, but adds to the recent pattern of insider selling. Rubrik Director Insider Sale

Rubrik Trading Down 2.1%

Shares of NYSE RBRK opened at $121.17 on Friday. The stock has a fifty day moving average price of $100.71 and a 200 day moving average price of $78.16. Rubrik, Inc. has a 12-month low of $42.25 and a 12-month high of $127.90. The company has a market cap of $25.12 billion, a P/E ratio of -96.17 and a beta of 1.12.

Rubrik (NYSE:RBRK) last issued its quarterly earnings data on Thursday, August 27th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.16. The company had revenue of $427.26 million for the quarter, compared to analyst estimates of $396.30 million. During the same quarter in the prior year, the firm earned ($0.03) EPS. The company’s revenue for the quarter was up 43.9% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. On average, sell-side analysts forecast that Rubrik, Inc. will post -1.19 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Yvonne Wassenaar sold 721 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $119.00, for a total transaction of $85,799.00. Following the transaction, the director directly owned 2,988 shares of the company’s stock, valued at approximately $355,572. The trade was a 19.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kiran Choudary sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $107.32, for a total value of $643,920.00. Following the transaction, the chief financial officer directly owned 958,078 shares in the company, valued at $102,820,930.96. This trade represents a 0.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 143,562 shares of company stock valued at $13,846,469. Corporate insiders own 13.66% of the company’s stock.

Rubrik Profile

Rubrik, Inc is a cybersecurity and data management company that helps organizations protect, manage and recover data across on-premises infrastructure, cloud environments and software-as-a-service applications. Its platform is designed to support data backup, recovery, security monitoring and cyber resilience.

The company’s primary offering is Rubrik Security Cloud, a cloud-delivered platform that provides data protection and security capabilities, including policy-based backup, immutable data protection, ransomware recovery, threat monitoring and centralized management.