Hudson Bay Capital Management LP Makes New $35.66 Million Investment in Rubrik, Inc. $RBRK

by · The Cerbat Gem

Hudson Bay Capital Management LP acquired a new position in Rubrik, Inc. (NYSE:RBRK – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 398,000 shares of the company’s stock, valued at approximately $35,657,000. Hudson Bay Capital Management LP owned about 0.21% of Rubrik as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Rubrik by 73.1% in the 2nd quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock valued at $1,077,106,000 after buying an additional 5,077,513 shares during the last quarter. Norges Bank bought a new stake in shares of Rubrik in the 2nd quarter worth $219,132,000. First Trust Advisors LP raised its holdings in shares of Rubrik by 44.8% in the second quarter. First Trust Advisors LP now owns 4,462,705 shares of the company’s stock valued at $399,814,000 after purchasing an additional 1,380,941 shares during the last quarter. Acadian Asset Management LLC lifted its position in shares of Rubrik by 388.7% during the second quarter. Acadian Asset Management LLC now owns 1,555,252 shares of the company’s stock valued at $139,309,000 after purchasing an additional 1,237,014 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Rubrik by 139.7% during the second quarter. State Street Corp now owns 1,771,475 shares of the company’s stock valued at $158,706,000 after purchasing an additional 1,032,497 shares in the last quarter. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Rubrik Price Performance

Shares of RBRK opened at $81.67 on Friday. Rubrik, Inc. has a 1 year low of $47.35 and a 1 year high of $103.00. The stock’s fifty day moving average price is $75.94 and its two-hundred day moving average price is $83.46. The firm has a market cap of $16.13 billion, a PE ratio of -41.88 and a beta of 0.32.

Rubrik (NYSE:RBRK – Get Free Report) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate 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. The firm’s revenue was up 48.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.21) EPS. 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 earnings per share for the current fiscal year.

Insider Buying and Selling at Rubrik

In other Rubrik news, insider Brian K. Mccarthy sold 10,000 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $75.90, for a total transaction of $759,000.00. Following the sale, the insider owned 349,319 shares of the company’s stock, valued at $26,513,312.10. The trade was a 2.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Kiran Kumar Choudary sold 6,599 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $74.21, for a total value of $489,711.79. Following the sale, the chief financial officer owned 516,184 shares in the company, valued at approximately $38,306,014.64. This represents a 1.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 129,466 shares of company stock worth $10,006,286 over the last three months. Company insiders own 32.38% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on RBRK. UBS Group reiterated a “buy” rating on shares of Rubrik in a research note on Friday, December 5th. FBN Securities reaffirmed an “outperform” rating on shares of Rubrik in a research report on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Barclays upped their price objective on Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Finally, William Blair upgraded Rubrik from a “market perform” rating to an “outperform” rating in a research note on Friday, December 5th. Twenty research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Rubrik has an average rating of “Moderate Buy” and an average price target of $114.94.

Read Our Latest Stock Analysis on RBRK

Rubrik Profile

(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.

Featured Stories

Want to see what other hedge funds are holding RBRK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rubrik, Inc. (NYSE:RBRK – Free Report).