Rubrik (NYSE:RBRK) Shares Down 5.7% – Should You Sell?

Rubrik, Inc. (NYSE:RBRK) shares fell 5.7% on Thursday . The company traded as low as $72.70 and last traded at $72.4590. 498,203 shares changed hands during trading, a decline of 78% from the average session volume of 2,237,954 shares. The stock had previously closed at $76.87.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on RBRK shares. Mizuho upgraded shares of Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price objective for the company in a research note on Monday, November 17th. Rosenblatt Securities upped their target price on Rubrik from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, December 5th. Roth Capital reaffirmed a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Barclays boosted their price objective on Rubrik from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. Finally, Cantor Fitzgerald reduced their price objective on Rubrik from $115.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, December 3rd. Twenty-one analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Rubrik currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.24.

Rubrik Trading Down 5.9%

The business’s fifty day moving average is $75.20 and its 200 day moving average is $81.51. The company has a market cap of $14.48 billion, a P/E ratio of -37.09 and a beta of 0.27.

Rubrik (NYSE:RBRK) last announced its quarterly earnings data on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.26. The firm had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. Rubrik’s revenue for the quarter was up 48.3% on a year-over-year basis. During the same period last year, the company posted ($0.21) earnings per share. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. As a group, research analysts expect that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Insider Buying and Selling

In other Rubrik news, Director Ravi Mhatre sold 101,659 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $81.82, for a total transaction of $8,317,739.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Brian K. Mccarthy sold 4,797 shares of Rubrik stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $76.18, for a total transaction of $365,435.46. Following the completion of the transaction, the insider owned 340,772 shares of the company’s stock, valued at $25,960,010.96. The trade was a 1.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 223,703 shares of company stock worth $17,762,227 in the last quarter. 32.38% of the stock is currently owned by company insiders.

Institutional Trading of Rubrik

A number of institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC grew its stake in Rubrik by 12.0% in the 2nd quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock valued at $125,000 after buying an additional 150 shares in the last quarter. CI Investments Inc. boosted its holdings in shares of Rubrik by 31.7% in the third quarter. CI Investments Inc. now owns 859 shares of the company’s stock worth $71,000 after acquiring an additional 207 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of Rubrik by 24.3% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock valued at $94,000 after purchasing an additional 224 shares in the last quarter. Creative Planning grew its position in shares of Rubrik by 5.3% in the second quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after purchasing an additional 236 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its stake in shares of Rubrik by 68.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 588 shares of the company’s stock valued at $53,000 after purchasing an additional 239 shares during the period. 49.54% of the stock is currently owned by hedge funds and other institutional investors.

About Rubrik

Rubrik, Inc is a cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance and intelligent data governance. Its flagship offering, the Rubrik Security Cloud, enables organizations to automate backup and recovery workflows across on-premises, edge and multi-cloud environments. By combining policy-driven orchestration with real-time threat detection, Rubrik helps clients guard against ransomware, ensure business continuity and enforce data retention requirements.

The company’s platform supports a range of services including backup and restore, long-term data archiving, replication, and disaster recovery as a service (DRaaS).