MAY 4·MarketBeat▲
US Bancorp DE Buys 42,755 Shares of Rubrik, Inc. $RBRK
US Bancorp DE significantly increased its stake in Rubrik, Inc. (NYSE:RBRK) by 79.9% in Q4, purchasing 42,755 additional shares to bring its total holdings to 96,273 shares valued at approximately $7.36 million. This increase in institutional ownership comes amidst notable insider selling, with executives divesting 189,613 shares worth $9.41 million in the last 90 days. Despite the insider selling, Rubrik recently reported better-than-expected earnings, posting $0.04 EPS against an estimated -$0.11, with revenue increasing 46.3% year-over-year to $377.7 million, and has provided positive EPS guidance for Q1 and FY2027.
APR 15·MarketBeat→
KeyCorp Issues Pessimistic Forecast for Rubrik (NYSE:RBRK) Stock Price
KeyCorp has reduced its price target for Rubrik (NYSE:RBRK) from $80 to $70, while still maintaining an "overweight" rating, indicating a potential upside of 45.7%. Despite this target trim, the analyst consensus remains a "Moderate Buy" with an average price target of $88.60. Rubrik exceeded quarterly earnings and revenue estimates but provided mixed guidance for Q1 and FY 2027, and has seen notable insider selling.
