Rubrik (NYSE:RBRK) CTO Sells $16,809,393.16 in Stock

Rubrik, Inc. (NYSE:RBRK) CTO Arvind Nithrakashyap sold 199,447 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $84.28, for a total transaction of $16,809,393.16. Following the transaction, the chief technology officer directly owned 314,048 shares of the company’s stock, valued at $26,467,965.44. The trade was a 38.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Arvind Nithrakashyap also recently made the following trade(s):

• On Tuesday, June 2nd, Arvind Nithrakashyap sold 12,820 shares of Rubrik stock. The stock was sold at an average price of $82.16, for a total transaction of $1,053,291.20.

Rubrik Stock Performance

NYSE:RBRK opened at $73.15 on Friday. The company has a 50-day moving average of $58.79 and a 200-day moving average of $62.61. The company has a market capitalization of $14.80 billion, a price-to-earnings ratio of -50.45 and a beta of 1.10. Rubrik, Inc. has a 52 week low of $42.25 and a 52 week high of $103.00.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Thursday, June 4th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.19. The business had revenue of $387.07 million for the quarter, compared to the consensus estimate of $366.31 million. Rubrik’s revenue was up 39.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.15) earnings per share. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. Sell-side analysts forecast that Rubrik, Inc. will post -1.45 EPS for the current year.

Trending Headlines about Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik beat first-quarter estimates with $0.16 EPS versus expectations for a loss, while revenue rose 39% to $387.1 million, reinforcing the company’s growth story in cybersecurity and AI-driven cyber resilience. Rubrik Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: The company raised full-year and Q2 guidance, signaling management sees continued demand and improving profitability ahead. Rubrik beats Q1 estimates, raises full-year guidance as cyber resilience demand rises
• Positive Sentiment: Multiple analysts lifted price targets, including CIBC, BMO, DA Davidson, and Oppenheimer, suggesting Wall Street remains constructive after the results. Analyst price target updates
• Positive Sentiment: Unusual call-option activity points to speculation that traders expect more upside after the earnings beat and guidance raise. Unusual options trading in Rubrik
• Neutral Sentiment: Commentary around Rubrik’s AI-enabled security platform and its access to Anthropic’s Mythos preview reinforces the long-term growth narrative, but this is more strategic than an immediate earnings driver. Rubrik is countering AI threats with ‘AI speed’ recoveries: CEO
• Neutral Sentiment: Shareholder approval of the board, auditor, and pay practices removes governance uncertainty, but it is unlikely to materially affect the stock by itself. Rubrik Shareholders Endorse Board, Auditor and Pay Practices
• Negative Sentiment: The stock has been volatile because investors appear to be questioning whether the earnings beat was strong enough to justify the recent run-up in the share price. Is It Time To Reconsider Rubrik (RBRK) After Recent Volatile Share Price Swings?
• Negative Sentiment: Several insider sales, including large disposals by CTO Arvind Nithrakashyap and Director John Wendell Thompson, may be pressuring sentiment even though the trades were pre-planned. SEC filing for insider sales
• Negative Sentiment: Some market commentary said the quarter was solid but not “explosive” enough for a stock that had already rallied sharply, helping explain why shares slipped after earnings. Rubrik posts respectable Q1, not as explosive as needed

Analysts Set New Price Targets

RBRK has been the subject of several analyst reports. Rosenblatt Securities reissued a “buy” rating and set a $90.00 price target on shares of Rubrik in a report on Monday, June 1st. UBS Group reissued a “buy” rating on shares of Rubrik in a report on Monday. DA Davidson lifted their price target on shares of Rubrik from $70.00 to $90.00 and gave the company a “buy” rating in a report on Friday. Wedbush reissued an “outperform” rating and set a $90.00 price target on shares of Rubrik in a report on Friday. Finally, Scotiabank reissued an “outperform” rating on shares of Rubrik in a report on Friday. Twenty-eight analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.00.

Institutional Investors Weigh In On Rubrik

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Essential Partners LLC increased its position in Rubrik by 99.3% in the 1st quarter. Essential Partners LLC now owns 570 shares of the company’s stock valued at $28,000 after acquiring an additional 284 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in Rubrik in the 1st quarter valued at about $506,000. Smith Group Asset Management LLC acquired a new stake in Rubrik in the 1st quarter valued at about $617,000. ADAR1 Capital Management LLC acquired a new stake in Rubrik in the 1st quarter valued at about $240,000. Finally, Sunbelt Securities Inc. acquired a new stake in Rubrik in the 1st quarter valued at about $46,000. Institutional investors and hedge funds own 49.54% of the company’s stock.

Rubrik Company Profile

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).