Ieq Capital LLC Cuts Stock Holdings in Rubrik, Inc. $RBRK

13 Jun 2026, 06:49 by Teresa Graham · The Cerbat Gem

Ieq Capital LLC trimmed its stake in shares of Rubrik, Inc. (NYSE:RBRK – Free Report) by 3.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 724,714 shares of the company’s stock after selling 23,498 shares during the period. Ieq Capital LLC’s holdings in Rubrik were worth $55,426,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in Rubrik during the fourth quarter valued at $345,907,000. ARK Investment Management LLC grew its stake in shares of Rubrik by 21.1% in the 3rd quarter. ARK Investment Management LLC now owns 319,112 shares of the company’s stock worth $26,247,000 after buying an additional 55,500 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Rubrik by 8.6% in the 4th quarter. Legal & General Group Plc now owns 1,904,810 shares of the company’s stock worth $145,680,000 after buying an additional 151,234 shares in the last quarter. Citigroup Inc. grew its stake in shares of Rubrik by 210.2% in the 3rd quarter. Citigroup Inc. now owns 104,041 shares of the company’s stock worth $8,557,000 after buying an additional 70,504 shares in the last quarter. Finally, LGT Fund Management Co Ltd. purchased a new position in shares of Rubrik in the 3rd quarter worth $3,421,000. 49.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Rubrik

In related news, Director Yvonne Wassenaar sold 721 shares of Rubrik stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $80.73, for a total transaction of $58,206.33. Following the completion of the sale, the director owned 2,326 shares in the company, valued at $187,777.98. This trade represents a 23.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Wendell Thompson sold 2,500 shares of Rubrik stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $84.51, for a total transaction of $211,275.00. Following the sale, the director owned 15,000 shares of the company’s stock, valued at $1,267,650. The trade was a 14.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 398,939 shares of company stock worth $27,628,167. Corporate insiders own 13.66% of the company’s stock.

Key Rubrik News

Here are the key news stories impacting Rubrik this week:

Positive Sentiment: Wedbush reaffirmed its outperform rating and said Rubrik’s new AI-driven products from its Forward Conference support a bullish long-term thesis. Rubrik’s new AI-driven products keeps Wedbush bullish
Positive Sentiment: DA Davidson reiterated buy and lifted its price target to $90 from $70 after Rubrik’s analyst/investor day, signaling confidence in the company’s growth and strategy. Rubrik, Inc. (RBRK) Analyst/Investor Day Transcript
Positive Sentiment: BTIG Research also reiterated buy and set a $91 target, while Baird raised its target to $110 and kept an outperform rating, reinforcing analyst optimism after the company’s recent event.
Positive Sentiment: Rubrik unveiled an autonomous business recovery tool for cloud applications and new control/recovery tools for Anthropic’s Claude AI agents, highlighting product innovation in cyber resilience and AI. Rubrik Unveils Autonomous Business Recovery Tool Designed For Cloud Applications
Neutral Sentiment: Zacks highlighted Rubrik as a strong momentum stock, which may support investor sentiment but does not materially change fundamentals. Here’s Why Rubrik, Inc. (RBRK) is a Strong Momentum Stock
Negative Sentiment: One recent article questioned whether Rubrik’s growth story can justify its premium valuation, a reminder that expectations are already elevated. Can Rubrik’s Growth Story Support Its Premium Valuation?

Analyst Ratings Changes

A number of equities analysts have commented on RBRK shares. Stephens lifted their price objective on shares of Rubrik from $75.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Citigroup lifted their price objective on shares of Rubrik from $88.00 to $96.00 and gave the stock a “buy” rating in a research note on Friday, June 5th. Rosenblatt Securities reissued a “buy” rating and issued a $90.00 price objective on shares of Rubrik in a research note on Monday, June 1st. Jefferies Financial Group set a $90.00 price objective on shares of Rubrik in a research note on Friday, June 5th. Finally, UBS Group reissued a “buy” rating on shares of Rubrik in a research note on Monday, June 1st. Twenty-eight investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $93.00.

View Our Latest Report on Rubrik

Rubrik Price Performance

Shares of RBRK opened at $68.24 on Friday. Rubrik, Inc. has a 1-year low of $42.25 and a 1-year high of $99.75. The company has a 50-day moving average of $61.15 and a 200 day moving average of $62.69. The firm has a market capitalization of $14.05 billion, a price-to-earnings ratio of -47.06 and a beta of 1.10.

Rubrik (NYSE:RBRK – Get Free Report) last announced its quarterly earnings data on Thursday, June 4th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.19. The company had revenue of $387.07 million for the quarter, compared to the consensus estimate of $366.31 million. During the same quarter in the previous year, the business earned ($0.15) EPS. The company’s quarterly revenue was up 39.0% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. On average, equities analysts anticipate that Rubrik, Inc. will post -1.16 earnings per share for the current fiscal year.

About Rubrik

(Free Report)

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).

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