Rubrik (NYSE:RBRK) CFO Sells 3,500 Shares

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 3,500 shares of the business’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $69.46, for a total transaction of $243,110.00. Following the transaction, the chief financial officer owned 509,051 shares in the company, valued at $35,358,682.46. This represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Kiran Kumar Choudary also recently made the following trade(s):

• On Wednesday, November 5th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $72.29, for a total transaction of $253,015.00.
• On Wednesday, October 15th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $79.78, for a total value of $279,230.00.
• On Wednesday, October 1st, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $82.68, for a total value of $289,380.00.
• On Wednesday, September 17th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $74.82, for a total value of $261,870.00.
• On Tuesday, September 16th, Kiran Kumar Choudary sold 6,599 shares of Rubrik stock. The stock was sold at an average price of $74.21, for a total transaction of $489,711.79.
• On Wednesday, September 3rd, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $88.26, for a total value of $308,910.00.

Rubrik Price Performance

NYSE RBRK traded down $2.33 on Thursday, reaching $67.75. The stock had a trading volume of 2,598,951 shares, compared to its average volume of 3,160,649. Rubrik, Inc. has a 1-year low of $46.00 and a 1-year high of $103.00. The company has a market cap of $13.38 billion, a P/E ratio of -28.95 and a beta of 0.20. The firm has a fifty day moving average of $77.41 and a two-hundred day moving average of $84.49.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.31. The business had revenue of $309.86 million during the quarter, compared to the consensus estimate of $282.25 million. During the same period in the prior year, the firm earned ($0.40) EPS. The business’s revenue for the quarter was up 44.9% on a year-over-year basis. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. Research analysts predict that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Hedge Funds Weigh In On Rubrik

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in Rubrik by 260.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 39,826 shares of the company’s stock worth $2,429,000 after acquiring an additional 28,788 shares during the period. Cerity Partners LLC boosted its position in shares of Rubrik by 35.1% during the 1st quarter. Cerity Partners LLC now owns 4,319 shares of the company’s stock valued at $263,000 after purchasing an additional 1,123 shares in the last quarter. CWM LLC grew its stake in Rubrik by 282.2% during the first quarter. CWM LLC now owns 1,051 shares of the company’s stock worth $64,000 after purchasing an additional 776 shares during the period. Victory Capital Management Inc. grew its stake in Rubrik by 28.9% during the first quarter. Victory Capital Management Inc. now owns 9,149 shares of the company’s stock worth $558,000 after purchasing an additional 2,053 shares during the period. Finally, IFP Advisors Inc increased its holdings in Rubrik by 3,222.0% in the first quarter. IFP Advisors Inc now owns 1,661 shares of the company’s stock worth $101,000 after purchasing an additional 1,611 shares in the last quarter. Institutional investors and hedge funds own 49.54% of the company’s stock.

Wall Street Analysts Forecast Growth

RBRK has been the subject of a number of recent analyst reports. Oppenheimer initiated coverage on Rubrik in a research report on Monday. They set a “market perform” rating for the company. Berenberg Bank initiated coverage on Rubrik in a report on Tuesday. They issued a “buy” rating and a $114.00 target price for the company. Weiss Ratings restated a “sell (d-)” rating on shares of Rubrik in a research report on Wednesday. KeyCorp raised their price target on shares of Rubrik from $113.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Finally, CIBC boosted their price objective on shares of Rubrik from $125.00 to $130.00 and gave the stock an “outperformer” rating in a research note on Thursday, September 11th. Eighteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $109.69.

About Rubrik

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.