Teacher Retirement System of Texas Has $1.82 Million Stock Position in Rubrik, Inc. $RBRK

Teacher Retirement System of Texas lessened its stake in shares of Rubrik, Inc. (NYSE:RBRK) by 97.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,122 shares of the company’s stock after selling 1,010,341 shares during the quarter. Teacher Retirement System of Texas’ holdings in Rubrik were worth $1,820,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. NewEdge Advisors LLC grew its position in Rubrik by 12.0% during the 2nd quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after acquiring an additional 150 shares during the last quarter. Creative Planning raised its position in Rubrik by 5.3% in the second quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after purchasing an additional 236 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Rubrik by 68.5% during the second quarter. Advisors Asset Management Inc. now owns 588 shares of the company’s stock valued at $53,000 after purchasing an additional 239 shares in the last quarter. Bogart Wealth LLC grew its holdings in shares of Rubrik by 352.2% during the third quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after purchasing an additional 243 shares during the last quarter. Finally, Allworth Financial LP increased its stake in shares of Rubrik by 1,030.8% in the second quarter. Allworth Financial LP now owns 294 shares of the company’s stock valued at $26,000 after buying an additional 268 shares during the period. 49.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on RBRK. Oppenheimer initiated coverage on shares of Rubrik in a research report on Monday, November 17th. They set a “market perform” rating on the stock. Piper Sandler dropped their price target on shares of Rubrik from $118.00 to $99.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. William Blair raised shares of Rubrik from a “market perform” rating to an “outperform” rating in a research note on Friday, December 5th. Citigroup restated a “buy” rating on shares of Rubrik in a report on Monday, January 12th. Finally, UBS Group reaffirmed a “buy” rating on shares of Rubrik in a 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $112.18.

Insiders Place Their Bets

In related news, Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $73.84, for a total transaction of $812,240.00. Following the completion of the sale, the director owned 2,702 shares of the company’s stock, valued at $199,515.68. This trade represents a 80.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Kiran Kumar Choudary sold 20,000 shares of Rubrik stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $67.66, for a total value of $1,353,200.00. Following the completion of the sale, the chief financial officer owned 489,959 shares of the company’s stock, valued at approximately $33,150,625.94. The trade was a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 249,396 shares of company stock worth $19,381,819 in the last quarter. 32.38% of the stock is currently owned by company insiders.

Rubrik Stock Down 3.5%

RBRK opened at $55.93 on Friday. Rubrik, Inc. has a twelve month low of $47.35 and a twelve month high of $103.00. The company has a fifty day moving average of $73.22 and a 200-day moving average of $78.95. The stock has a market cap of $11.19 billion, a PE ratio of -28.68 and a beta of 0.27.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.26. The firm had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. During the same period last year, the company posted ($0.21) EPS. The business’s revenue was up 48.3% compared to the same quarter last year. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Sell-side analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current fiscal 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).