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 business’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $72.29, for a total value of $253,015.00. Following the completion of the sale, the chief financial officer directly owned 510,551 shares of the company’s stock, valued at $36,907,731.79. This represents a 0.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 stock was 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 value of $489,711.79.
• On Wednesday, September 3rd, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was 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 stock was sold at an average price of $82.93, for a total value of $290,255.00.

Rubrik Price Performance

Shares of NYSE RBRK traded down $0.85 during trading hours on Thursday, hitting $71.51. 2,775,979 shares of the company’s stock were exchanged, compared to its average volume of 2,696,826. Rubrik, Inc. has a 1-year low of $42.01 and a 1-year high of $103.00. The stock has a market capitalization of $14.12 billion, a price-to-earnings ratio of -30.56 and a beta of 0.20. The company’s 50-day moving average price is $80.58 and its 200-day moving average price is $84.12.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate 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. During the same period in the prior year, the firm posted ($0.40) EPS. Rubrik’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. On average, research analysts expect that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Institutional Investors Weigh In On Rubrik

Large investors have recently modified their holdings of the stock. Allworth Financial LP grew its stake in shares of Rubrik by 1,030.8% in the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock valued at $26,000 after purchasing an additional 268 shares during the period. ST Germain D J Co. Inc. bought a new stake in shares of Rubrik in the 2nd quarter valued at approximately $27,000. Bogart Wealth LLC grew its stake in shares of Rubrik by 352.2% in the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock valued at $26,000 after purchasing an additional 243 shares during the period. Beacon Capital Management LLC bought a new stake in shares of Rubrik in the 2nd quarter valued at approximately $29,000. Finally, Catalyst Capital Advisors LLC bought a new stake in shares of Rubrik in the 2nd quarter valued at approximately $36,000. 49.54% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

RBRK has been the subject of several research analyst reports. Wedbush reissued an “outperform” rating and set a $120.00 price objective on shares of Rubrik in a research report on Thursday, September 11th. Barclays upped their price target on Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. FBN Securities reaffirmed an “outperform” rating on shares of Rubrik in a report on Wednesday, September 10th. KeyCorp upped their price target on Rubrik from $113.00 to $117.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $115.00 price target on shares of Rubrik in a report on Wednesday, September 10th. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $108.67.

Rubrik Company Profile

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.