Alkeon Capital Management Reduces $8M in Rubrik, Inc. ($RBRK)
Key Points
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Alkeon Capital Management reduced its position in Rubrik, Inc. ($RBRK) by 16.67% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 500,000 shares of Rubrik, Inc. after selling 100,000 shares during the quarter. Alkeon Capital Management's holdings in Rubrik, Inc. were worth $38.26 million as of its most recent filing.
Rubrik, Inc. Stock Down 17.8%
Shares of Rubrik, Inc. ($RBRK) traded around $76.52 on Saturday, down 17.8% for the day.
Rubrik, Inc. Earnings
Analysts Set New Price Targets
About Rubrik, Inc.
Rubrik, Inc. provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, SaaS data protection solutions, and identity provider services protection; data threat analytics; data security posture; identity recovery and resilience services; and cyber recovery solutions. It also provides RUBY, an AI agent for cyber resilience designed to scale data security operations through automation; SENTRYAI, a proprietary AI deep learning-based platform for system health monitoring; and RUBRIK UNIVERSITY, which includes instructor-led training with hands-on labs, on-demand e-learning courses, and certification exams, as well as offers cloud services. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, services, and public sectors. Rubrik, Inc. has strategic collaboration with MEDITECH to offer native cyber resilience to MEDITECH self-hosted cloud and on-premises solutions. Rubrik, Inc. was formerly known as Scaledata, Inc. and changed its name to Rubrik, Inc. in October 2014. The company was incorporated in 2013 and is based in Palo Alto, California.
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