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Hamilton Lane Liquidates Its $9.4 Million Rubrik (NYSE: RBRK) Stake: Is the Stock in Trouble?

On October 7, 2025, Hamilton Lane Advisors sold its entire stake in Rubrik (RBRK 5.59%), an estimated 9.44milliontradebasedonquarterlyaveragepricingforthequarterendedSeptember30,2025.WhathappenedAccordingtoafilingwiththeSecuritiesandExchangeCommission(SEC)datedOctober7,2025,HamiltonLaneAdvisorsLLCsoldall105,414sharesofRubrik.Theestimatedtradevaluewas9.44 million trade based on quarterly average pricing for the quarter ended September 30, 2025.What happenedAccording to a filing with the Securities and Exchange Commission (SEC) dated October 7, 2025, Hamilton Lane Advisors LLC sold all 105,414 shares of Rubrik. The estimated trade value was 9.44 million. After the sale, the fund reported a zero position in Rubrik at the close of the filing period.What ...