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 company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $82.68, for a total transaction of $289,380.00. Following the completion of the sale, the chief financial officer owned 513,551 shares of the company’s stock, valued at approximately $42,460,396.68. This represents a 0.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 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 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 stock was 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 transaction 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 transaction 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 transaction of $306,390.00.

Rubrik Trading Down 1.3%

Shares of NYSE RBRK opened at $82.83 on Friday. The company has a fifty day moving average price of $85.65 and a 200 day moving average price of $81.39. The firm has a market cap of $16.36 billion, a PE ratio of -35.40 and a beta of 0.24. Rubrik, Inc. has a 1-year low of $32.00 and a 1-year high of $103.00.

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 firm had revenue of $309.86 million for the quarter, compared to analyst estimates of $282.25 million. The firm’s quarterly revenue was up 44.9% on a year-over-year basis. During the same period in the prior year, the company earned ($0.40) earnings per share. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. Equities research analysts forecast that Rubrik, Inc. will post -7.66 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on RBRK. Truist Financial increased their target price on shares of Rubrik from $90.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, June 6th. Guggenheim raised their price objective on Rubrik from $105.00 to $108.00 and gave the company a “buy” rating in a report on Friday, June 6th. Robert W. Baird upped their target price on Rubrik from $95.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, June 6th. Wells Fargo & Company raised their price target on Rubrik from $80.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, June 6th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $110.00 price objective (up previously from $77.00) on shares of Rubrik in a report on Friday, June 6th. Sixteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $108.67.

Hedge Funds Weigh In On Rubrik

A number of large investors have recently made changes to their positions in RBRK. Allworth Financial LP boosted its stake in 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 second quarter valued at about $27,000. Beacon Capital Management LLC bought a new stake in shares of Rubrik in the second quarter valued at about $29,000. PNC Financial Services Group Inc. acquired a new position in shares of Rubrik in the first quarter valued at about $30,000. Finally, Summit Securities Group LLC bought a new position in Rubrik during the first quarter worth about $31,000. Institutional investors own 49.54% of the company’s stock.

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.