Rubrik (NYSE:RBRK) Director Sells $610,280.00 in Stock

Rubrik, Inc. (NYSE:RBRK) Director John Wendell Thompson sold 11,000 shares of Rubrik stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $55.48, for a total value of $610,280.00. Following the sale, the director owned 4,653 shares of the company’s stock, valued at approximately $258,148.44. This trade represents a 70.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Wendell Thompson also recently made the following trade(s):

• On Friday, May 1st, John Wendell Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $55.51, for a total value of $138,775.00.
• On Wednesday, April 1st, John Wendell Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $48.96, for a total value of $122,400.00.
• On Wednesday, April 1st, John Wendell Thompson sold 11,000 shares of Rubrik stock. The shares were sold at an average price of $48.90, for a total value of $537,900.00.
• On Monday, March 2nd, John Wendell Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $53.55, for a total value of $133,875.00.
• On Monday, March 2nd, John Wendell Thompson sold 11,000 shares of Rubrik stock. The shares were sold at an average price of $53.62, for a total value of $589,820.00.

Rubrik Trading Up 5.1%

Shares of RBRK traded up $2.78 during trading hours on Monday, reaching $57.85. 3,280,068 shares of the company’s stock traded hands, compared to its average volume of 3,903,909. The stock has a market cap of $11.70 billion, a PE ratio of -32.69 and a beta of 0.63. The firm’s 50 day simple moving average is $51.62 and its 200-day simple moving average is $63.82. Rubrik, Inc. has a 12 month low of $42.25 and a 12 month high of $103.00.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.15. The business had revenue of $377.68 million for the quarter, compared to the consensus estimate of $342.43 million. The business’s revenue was up 46.3% compared to the same quarter last year. During the same quarter last year, the business posted ($0.18) EPS. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. As a group, analysts expect that Rubrik, Inc. will post -1.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. DA Davidson set a $70.00 price objective on Rubrik in a report on Friday, March 13th. Jefferies Financial Group assumed coverage on Rubrik in a report on Monday, April 27th. They set a “buy” rating and a $65.00 price objective on the stock. Wolfe Research assumed coverage on Rubrik in a report on Friday. They set an “outperform” rating and a $70.00 price objective on the stock. UBS Group set a $65.00 price objective on Rubrik in a report on Monday, April 27th. Finally, Robert W. Baird decreased their price objective on Rubrik from $125.00 to $110.00 and set an “outperform” rating on the stock in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $84.83.

Hedge Funds Weigh In On Rubrik

A number of large investors have recently modified their holdings of the company. Bogart Wealth LLC increased its stake in Rubrik by 352.2% in the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after purchasing an additional 243 shares during the period. EverSource Wealth Advisors LLC increased its stake in Rubrik by 1,360.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company’s stock worth $30,000 after purchasing an additional 340 shares during the period. Financial Life Planners purchased a new position in Rubrik in the 3rd quarter worth approximately $31,000. Atlantic Union Bankshares Corp increased its stake in Rubrik by 100.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares during the period. Finally, Guerra Advisors Inc purchased a new position in Rubrik in the 3rd quarter worth approximately $33,000. 49.54% of the stock is owned by hedge funds and other institutional investors.

About Rubrik

Rubrik, Inc is a cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance and intelligent data governance. Its flagship offering, the Rubrik Security Cloud, enables organizations to automate backup and recovery workflows across on-premises, edge and multi-cloud environments. By combining policy-driven orchestration with real-time threat detection, Rubrik helps clients guard against ransomware, ensure business continuity and enforce data retention requirements.

The company’s platform supports a range of services including backup and restore, long-term data archiving, replication, and disaster recovery as a service (DRaaS).