Rubrik, Inc. $RBRK Shares Sold by Versor Investments LP

by · The Cerbat Gem

Versor Investments LP lessened its position in shares of Rubrik, Inc. (NYSE:RBRK – Free Report) by 50.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 4,300 shares of the company’s stock after selling 4,344 shares during the period. Versor Investments LP’s holdings in Rubrik were worth $385,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RBRK. Bank of New York Mellon Corp grew its position in Rubrik by 106.7% during the first quarter. Bank of New York Mellon Corp now owns 224,923 shares of the company’s stock valued at $13,716,000 after buying an additional 116,084 shares during the period. Envestnet Asset Management Inc. grew its position in Rubrik by 260.8% during the first quarter. Envestnet Asset Management Inc. now owns 39,826 shares of the company’s stock valued at $2,429,000 after buying an additional 28,788 shares during the period. Cerity Partners LLC grew its position in Rubrik by 35.1% during the first quarter. Cerity Partners LLC now owns 4,319 shares of the company’s stock valued at $263,000 after buying an additional 1,123 shares during the period. Arizona State Retirement System grew its position in Rubrik by 24.9% during the first quarter. Arizona State Retirement System now owns 23,664 shares of the company’s stock valued at $1,443,000 after buying an additional 4,715 shares during the period. Finally, New York State Common Retirement Fund acquired a new stake in Rubrik during the first quarter valued at $5,732,000. Institutional investors and hedge funds own 49.54% of the company’s stock.

Rubrik Trading Down 0.3%

RBRK opened at $72.38 on Thursday. The firm has a market capitalization of $14.29 billion, a PE ratio of -30.93 and a beta of 0.20. Rubrik, Inc. has a twelve month low of $42.01 and a twelve month high of $103.00. The firm’s 50-day moving average price is $81.01 and its 200 day moving average price is $84.20.

Rubrik (NYSE:RBRK – Get Free Report) last posted its quarterly earnings results on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.31. The business had revenue of $309.86 million for the quarter, compared to analyst estimates of $282.25 million. The business’s revenue was up 44.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.40) earnings per share. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. As a group, analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Analyst Ratings Changes

RBRK has been the topic of several research analyst reports. FBN Securities reiterated an “outperform” rating on shares of Rubrik in a research report on Wednesday, September 10th. Barclays boosted their target price on shares of Rubrik from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. CIBC boosted their target price on shares of Rubrik from $125.00 to $130.00 and gave the stock an “outperformer” rating in a research note on Thursday, September 11th. Rosenblatt Securities boosted their target price on shares of Rubrik from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Finally, Wall Street Zen cut shares of Rubrik from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. Sixteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $108.67.

Check Out Our Latest Report on Rubrik

Insider Buying and Selling at Rubrik

In other Rubrik news, CFO Kiran Kumar Choudary sold 6,599 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $74.21, for a total value of $489,711.79. Following the transaction, the chief financial officer directly owned 516,184 shares in the company, valued at $38,306,014.64. The trade was a 1.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Arvind Nithrakashyap sold 40,170 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $74.21, for a total transaction of $2,981,015.70. Following the completion of the transaction, the chief technology officer owned 333,528 shares in the company, valued at $24,751,112.88. The trade was a 10.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 118,466 shares of company stock valued at $9,391,808. Insiders own 32.38% of the company’s stock.

About Rubrik

(Free Report)

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.

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