Rubrik (NYSE:RBRK) CFO Kiran Kumar Choudary Sells 4,000 Shares

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Choudary sold 4,000 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $101.05, for a total transaction of $404,200.00. Following the sale, the chief financial officer owned 978,073 shares of the company’s stock, valued at $98,834,276.65. This trade represents a 0.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, September 17th, Kiran Choudary sold 6,000 shares of Rubrik stock. The shares were sold at an average price of $107.32, for a total transaction of $643,920.00.
• On Monday, August 24th, Kiran Choudary sold 10,000 shares of Rubrik stock. The stock was sold at an average price of $98.32, for a total transaction of $983,200.00.

Rubrik Stock Performance

Shares of NYSE RBRK opened at $108.05 on Friday. The stock has a market cap of $22.40 billion, a price-to-earnings ratio of -85.75 and a beta of 1.24. Rubrik, Inc. has a fifty-two week low of $42.25 and a fifty-two week high of $108.97. The firm’s 50-day simple moving average is $89.07 and its 200 day simple moving average is $71.60.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Thursday, August 27th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.16. The company had revenue of $427.26 million for the quarter, compared to the consensus estimate of $396.30 million. During the same quarter last year, the company posted ($0.03) EPS. The company’s quarterly revenue was up 43.9% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. On average, sell-side analysts predict that Rubrik, Inc. will post -1.19 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have commented on RBRK shares. DA Davidson lifted their target price on shares of Rubrik from $90.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, August 28th. The Goldman Sachs Group restated a “buy” rating on shares of Rubrik in a research note on Wednesday, August 19th. Wolfe Research reiterated an “outperform” rating and set a $120.00 target price on shares of Rubrik in a research note on Friday, August 28th. Wedbush assumed coverage on shares of Rubrik in a research report on Friday, September 11th. They set an “outperform” rating and a $120.00 price target for the company. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Rubrik in a research report on Monday, August 31st. Twenty-eight equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Rubrik presently has an average rating of “Moderate Buy” and a consensus target price of $113.31.

Institutional Investors Weigh In On Rubrik

Several institutional investors have recently added to or reduced their stakes in RBRK. Norges Bank bought a new position in Rubrik in the 4th quarter worth about $345,907,000. Pictet Asset Management Holding SA lifted its holdings in shares of Rubrik by 104.1% in the first quarter. Pictet Asset Management Holding SA now owns 3,325,503 shares of the company’s stock worth $162,572,000 after buying an additional 1,696,342 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Rubrik by 7.6% in the fourth quarter. Geode Capital Management LLC now owns 2,528,649 shares of the company’s stock valued at $193,433,000 after acquiring an additional 178,714 shares during the period. Legal & General Group Plc boosted its position in shares of Rubrik by 8.6% in the fourth quarter. Legal & General Group Plc now owns 1,904,810 shares of the company’s stock valued at $145,680,000 after acquiring an additional 151,234 shares during the period. Finally, Clearbridge Investments LLC grew its stake in Rubrik by 7.6% during the fourth quarter. Clearbridge Investments LLC now owns 1,363,888 shares of the company’s stock valued at $104,310,000 after acquiring an additional 96,360 shares in the last quarter. 49.54% of the stock is owned by hedge funds and other institutional investors.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik unveiled Rubrik Code Guardian, a cybersecurity tool that uses Anthropic’s Claude Mythos 5 to red-team software code and prioritize cyber risks. The product expands Rubrik’s exposure to AI-driven security needs and could strengthen its platform and competitive positioning. Rubrik Unveils Rubrik Code Guardian
• Positive Sentiment: Brokerages maintain a consensus “Moderate Buy” rating, indicating that sell-side analysts generally continue to see upside despite the stock’s recent rally. Rubrik Receives Moderate Buy Rating
• Positive Sentiment: A recent bullish analysis points to 38% fiscal second-quarter revenue growth, $1.66 billion in net annual recurring revenue, partnerships, product innovation and rising demand for protection against AI-related threats. The company’s approximately $600 million of net cash and projected free cash flow above $330 million also support the investment case. Rubrik Right Place, Right Time
• Neutral Sentiment: CFO Kiran Choudary sold 10,000 shares for roughly $1.05 million across September 15 and 17 transactions. Both sales were conducted under a pre-arranged Rule 10b5-1 plan, and he still owned approximately 958,000 shares afterward, limiting the signal’s significance.
• Negative Sentiment: A bearish analyst downgraded Rubrik to “Sell,” arguing that the stock’s rapid appreciation has left little margin of safety. Valuation concerns are particularly relevant as Rubrik remains unprofitable on a trailing basis and trades at a substantial premium to historical levels. Rubrik Downgraded to Sell

About Rubrik

Rubrik, Inc is a cloud data management and cyber resilience company that helps organizations protect, manage and recover data across on-premises systems, cloud environments and software-as-a-service applications. Its platform is designed to support data backup, recovery, security monitoring and operational resilience.

The company’s principal offering, Rubrik Security Cloud, provides centralized capabilities for data protection and cyber recovery. The platform helps organizations identify sensitive data, monitor for threats, maintain secure backups and restore systems following events such as ransomware attacks, operational failures or other disruptions.

Rubrik was founded in 2014 by Bipul Sinha, Arvind Nithrakashyap and Soham Mazumdar.