Kiran Kumar Choudary Sells 3,500 Shares of Rubrik (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 3,500 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $82.68, for a total value of $289,380.00. Following the completion of the transaction, the chief financial officer directly owned 513,551 shares in the company, valued at $42,460,396.68. The trade was a 0.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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

• 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 shares were sold at an average price of $74.21, for a total value 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.
• On Wednesday, August 20th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $82.93, for a total value of $290,255.00.
• On Wednesday, August 6th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $88.37, for a total value of $309,295.00.
• On Wednesday, July 23rd, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $83.90, for a total value of $293,650.00.
• On Wednesday, July 9th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $87.54, for a total value of $306,390.00.

Rubrik Price Performance

NYSE RBRK opened at $82.83 on Friday. The firm has a market cap of $16.36 billion, a P/E ratio of -35.40 and a beta of 0.24. The stock’s 50-day moving average is $85.65 and its 200-day moving average is $81.47. Rubrik, Inc. has a one year low of $32.00 and a one year high of $103.00.

Rubrik (NYSE:RBRK) last released its quarterly earnings results on Tuesday, September 9th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.31. The business had revenue of $309.86 million for the quarter, compared to analyst estimates of $282.25 million. The company’s revenue for the quarter was up 44.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.40) EPS. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. Equities analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Barclays raised their price target on Rubrik from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. FBN Securities reaffirmed an “outperform” rating on shares of Rubrik in a research report on Wednesday, September 10th. Cantor Fitzgerald reiterated an “overweight” rating and set a $115.00 price objective on shares of Rubrik in a report on Wednesday, September 10th. Wedbush reiterated an “outperform” rating and set a $120.00 price objective on shares of Rubrik in a report on Thursday, September 11th. Finally, Wall Street Zen downgraded Rubrik from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. Sixteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $108.67.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of RBRK. California State Teachers Retirement System grew its stake in Rubrik by 22.1% in the fourth quarter. California State Teachers Retirement System now owns 56,279 shares of the company’s stock valued at $3,678,000 after purchasing an additional 10,191 shares in the last quarter. Rhumbline Advisers grew its stake in Rubrik by 204.1% in the first quarter. Rhumbline Advisers now owns 2,980 shares of the company’s stock valued at $182,000 after purchasing an additional 2,000 shares in the last quarter. Stablepoint Partners LLC grew its stake in Rubrik by 45.9% in the first quarter. Stablepoint Partners LLC now owns 17,595 shares of the company’s stock valued at $1,073,000 after purchasing an additional 5,533 shares in the last quarter. SG Americas Securities LLC bought a new position in Rubrik in the first quarter valued at approximately $820,000. Finally, Pursue Wealth Partners LLC bought a new position in Rubrik in the first quarter valued at approximately $2,313,000. 49.54% of the stock is currently owned by institutional investors.

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.