American International Group Inc. purchased a new stake in Rubrik, Inc. (NYSE:RBRK – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 36,478 shares of the company’s stock, valued at approximately $1,118,000. Rubrik accounts for about 0.0% of American International Group Inc.’s holdings, making the stock its 3rd largest position.
A number of other hedge funds also recently made changes to their positions in RBRK. ARK Investment Management LLC bought a new position in Rubrik during the second quarter worth $6,043,000. EPIQ Capital Group LLC bought a new position in shares of Rubrik in the 2nd quarter worth about $15,111,000. Liberty Street Advisors Inc. acquired a new position in shares of Rubrik in the 2nd quarter valued at about $4,117,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Rubrik in the 2nd quarter valued at about $3,270,000. Finally, Commonwealth Equity Services LLC bought a new stake in shares of Rubrik during the 2nd quarter valued at about $503,000.
Rubrik Stock Up 1.8 %
NYSE RBRK opened at $33.29 on Friday. The company has a fifty day moving average of $33.47. Rubrik, Inc. has a 12 month low of $28.34 and a 12 month high of $40.00.
Wall Street Analyst Weigh In
View Our Latest Report on Rubrik
Insider Transactions at Rubrik
In related news, Director Ravi Mhatre sold 15,933 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $30.19, for a total transaction of $481,017.27. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Rubrik Profile
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.
See Also
- Five stocks we like better than Rubrik
- 3 Monster Growth Stocks to Buy Now
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- How to Invest in Small Cap Stocks
- MarketBeat Week in Review – 9/16 – 9/20
- 3 Warren Buffett Stocks to Buy Now
- Don’t Miss These 3 Retail Stocks for Fall Gains
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.