RBRK - Rubrik, Inc.
The AI rally has gone through several iterations, and the latest is the hardware-to-software rotation. AI's threat to major software providers was likely always overblown, but it's never been more apparent in the cybersecurity space.
Handelsbanken Fonder AB grew its stake in shares of Rubrik, Inc. (NYSE: RBRK) by 35.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 44,400 shares of the company's stock after buying an additional 11,600 shares during the quarter. Handelsbanken Fonder AB's holdings
The transaction involved the sale of 38,460 shares at a weighted average price of $79.19, totaling ~$3 million. This disposition reduced the executive's direct stake in the company by ~12%.
Rubrik earns a buy rating due to robust organic growth, strong earnings, and a differentiated approach to cybersecurity focused on recovery, not just prevention. Rubrik's fiscal Q1 2027 results exceeded guidance, with subscription revenue up 41% YoY and free cash flow margin expanding 700 basis points to 19%. AI proliferation creates new risks and growth avenues for Rubrik, with proactive solutions like Rubrik Agent Cloud addressing enterprise AI agent management and recovery.
Bank of America Corp DE lessened its position in Rubrik, Inc. (NYSE: RBRK) by 10.5% during the undefined quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,021,621 shares of the company's stock after selling 119,848 shares during the period. Bank of America Corp DE owned about
The Aug. 3 sale missed out on the recent Rubrik rally.
Rubrik, Inc. (NYSE: RBRK - Get Free Report)'s stock price reached a new 52-week high on Tuesday. The company traded as high as $99.95 and last traded at $98.06, with a volume of 5984040 shares changing hands. The stock had previously closed at $90.07. Wall Street Analysts Forecast Growth Several analysts have recently issued reports
This was aided in no small part by a significant analyst price target raise. That pundit maintained his buy recommendation on the stock.
PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik, Inc. (NYSE: RBRK), the Security and AI Operations Company, today announces that it will release financial results for its second quarter fiscal 2027 ended July 31, 2026, after the market closes on Thursday, August 27, 2026. Management will also host a live conference call that day at 2:00 pm PT / 5:00 pm ET to discuss the Company's financial results. A live webcast of the conference call and related materials can be accessed from the Company's investo.
Cetera Investment Advisers grew its stake in shares of Rubrik, Inc. (NYSE: RBRK) by 36.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,025 shares of the company's stock after buying an additional 23,320 shares during the quarter. Cetera Investment
LAS VEGAS--(BUSINESS WIRE)--Today at the Black Hat Conference, Rubrik (NYSE: RBRK), the Security and AI Operations Company, announced Rubrik Agent Identity, a powerful new AI-based solution to manage and control AI agents' access and permissions, addressing a key obstacle in enterprise agent deployment.AI agent deployments are rapidly evolving, with the potential to execute complex, automated workflows across SaaS applications, databases, and APIs at unprecedented speed and scale. Yet most organ.
Wall Street wasted no time Monday, sending the Nasdaq surging past 25,900 while analysts took aim at some of the market's biggest names with fresh upgrades, downgrades, and new coverage that could reshape how investors approach the week ahead.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
LAS VEGAS--(BUSINESS WIRE)-- #AIrisk--New members strengthen the CSAI Foundation's mission to unite industry leaders in helping organizations build and run secure AI systems.
Bank of Nova Scotia reduced its stake in shares of Rubrik, Inc. (NYSE: RBRK) by 1.5% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 726,670 shares of the company's stock after selling 10,930 shares during the period. Bank of Nova Scotia owned about 0.36%
At a CISO roundtable organized by Anthropic's chief information security officer, Dev Rishi asked a simple question: Did everyone in the room have their AI governance and security policies written down? Every hand went up — about 14 people, by his count.
Amova Asset Management Americas Inc. decreased its position in Rubrik, Inc. (NYSE: RBRK) by 6.5% during the undefined quarter, according to the company in its most recent filing with the SEC. The fund owned 311,213 shares of the company's stock after selling 21,717 shares during the quarter. Amova Asset Management Americas Inc. owned
Rubrik offers compelling value at 31x next year's free cash flow, driven by robust growth and a strong balance sheet. RBRK is positioned for 28% y/y revenue growth, benefiting from easing comparables and expanding beyond cyber recovery into AI governance. Management guides to $303M free cash flow this year, with a path to $515M by fiscal 2028 as margins improve.
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PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik (NYSE: RBRK), the Security and AI Operations Company, today announced its membership in Internet2, a member-based organization that empowers the education and research community with network, cloud and security solutions. The strategic collaboration deepens Rubrik's engagement with colleges, universities, and research institutions, supporting data backup and cyber recovery to ensure their mission-critical services are available to students, staff, facu.