Mount Yale Investment Advisors LLC Has $284,000 Holdings in Rubrik, Inc. (NYSE:RBRK)

Mount Yale Investment Advisors LLC decreased its position in Rubrik, Inc. (NYSE:RBRKFree Report) by 32.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,344 shares of the company’s stock after selling 2,121 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Rubrik were worth $284,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Janus Henderson Group PLC raised its position in Rubrik by 6.9% in the 3rd quarter. Janus Henderson Group PLC now owns 360,653 shares of the company’s stock valued at $11,595,000 after buying an additional 23,200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Rubrik during the 3rd quarter worth approximately $323,000. Diversified Trust Co acquired a new stake in shares of Rubrik in the third quarter valued at approximately $432,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Rubrik by 24.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 248,772 shares of the company’s stock worth $7,998,000 after purchasing an additional 49,372 shares in the last quarter. Finally, Bank of Montreal Can acquired a new position in Rubrik during the second quarter worth $427,000. 49.54% of the stock is currently owned by institutional investors.

Rubrik Stock Up 1.6 %

Rubrik stock opened at $74.33 on Thursday. Rubrik, Inc. has a 12 month low of $28.34 and a 12 month high of $75.79. The stock’s 50 day moving average is $64.44 and its 200-day moving average is $45.93.

Insider Buying and Selling at Rubrik

In other Rubrik news, CFO Kiran Kumar Choudary sold 1,800 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $43.15, for a total value of $77,670.00. Following the completion of the sale, the chief financial officer now owns 406,160 shares of the company’s stock, valued at $17,525,804. The trade was a 0.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CRO Brian K. Mccarthy sold 28,485 shares of Rubrik stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $72.34, for a total transaction of $2,060,604.90. Following the completion of the sale, the executive now owns 346,560 shares of the company’s stock, valued at approximately $25,070,150.40. The trade was a 7.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 594,255 shares of company stock valued at $37,016,628 in the last ninety days.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on RBRK shares. Oppenheimer assumed coverage on shares of Rubrik in a research note on Wednesday, November 13th. They issued a “market perform” rating on the stock. Wedbush upped their target price on Rubrik from $44.00 to $48.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Barclays raised their price target on Rubrik from $51.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. KeyCorp boosted their price target on Rubrik from $57.00 to $75.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Finally, Guggenheim increased their price objective on Rubrik from $52.00 to $72.00 and gave the company a “buy” rating in a report on Friday, December 6th. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $64.67.

Check Out Our Latest Report on RBRK

Rubrik Company 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.

Further Reading

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:RBRKFree Report).

Institutional Ownership by Quarter for Rubrik (NYSE:RBRK)

Receive News & Ratings for Rubrik Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rubrik and related companies with MarketBeat.com's FREE daily email newsletter.