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

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $69.46, for a total transaction of $243,110.00. Following the completion of the transaction, the chief financial officer directly owned 509,051 shares in the company, valued at approximately $35,358,682.46. The trade was a 0.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Wednesday, November 5th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $72.29, for a total value of $253,015.00.
• On Wednesday, October 15th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $79.78, for a total transaction 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 transaction of $289,380.00.
• 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 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 transaction of $308,910.00.

Rubrik Stock Performance

Rubrik stock traded down $2.79 during midday trading on Friday, reaching $64.90. 413,798 shares of the company’s stock were exchanged, compared to its average volume of 3,147,747. The firm has a market cap of $12.82 billion, a price-to-earnings ratio of -27.74 and a beta of 0.20. Rubrik, Inc. has a 52 week low of $47.35 and a 52 week high of $103.00. The stock’s 50-day simple moving average is $77.21 and its 200 day simple moving average is $84.37.

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 the consensus estimate of $282.25 million. During the same quarter in the previous year, the business earned ($0.40) EPS. The firm’s quarterly revenue 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. Research analysts forecast that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Wall Street Zen lowered Rubrik from a “buy” rating to a “hold” rating in a research report on Friday, August 22nd. Barclays upped their price objective on Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Cantor Fitzgerald reissued an “overweight” rating and set a $115.00 target price on shares of Rubrik in a report on Wednesday, September 10th. Wedbush restated an “outperform” rating and issued a $120.00 price target on shares of Rubrik in a research report on Thursday, September 11th. Finally, Mizuho raised Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 target price for the company in a research report on Monday. Eighteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.69.

Institutional Investors Weigh In On Rubrik

Several hedge funds and other institutional investors have recently bought and sold shares of RBRK. Allworth Financial LP raised its position in shares of Rubrik by 1,030.8% during the second quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after purchasing an additional 268 shares during the period. Bogart Wealth LLC increased its stake in Rubrik by 352.2% during 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 in the last quarter. ST Germain D J Co. Inc. acquired a new position in Rubrik during the second quarter worth $27,000. Beacon Capital Management LLC bought a new position in shares of Rubrik in the second quarter valued at $29,000. Finally, PNC Financial Services Group Inc. acquired a new position in shares of Rubrik during the first quarter valued at about $30,000. 49.54% of the stock is 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.