Insider Selling: Rubrik (NYSE:RBRK) CFO Sells 20,000 Shares of Stock

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 20,000 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $67.66, for a total value of $1,353,200.00. Following the sale, the chief financial officer owned 489,959 shares in the company, valued at approximately $33,150,625.94. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Wednesday, January 7th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $76.20, for a total transaction of $266,700.00.
• On Monday, December 22nd, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $79.25, for a total transaction of $277,375.00.
• On Wednesday, December 17th, Kiran Kumar Choudary sold 6,779 shares of Rubrik stock. The shares were sold at an average price of $76.18, for a total transaction of $516,424.22.
• On Tuesday, December 9th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $91.46, for a total transaction of $320,110.00.
• On Wednesday, November 19th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $69.46, for a total transaction of $243,110.00.
• On Wednesday, November 5th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $72.29, for a total value of $253,015.00.

Rubrik Trading Down 2.8%

NYSE:RBRK traded down $1.93 during trading hours on Friday, hitting $67.12. 3,959,371 shares of the company were exchanged, compared to its average volume of 2,605,243. The stock has a market capitalization of $13.43 billion, a price-to-earnings ratio of -34.42 and a beta of 0.27. Rubrik, Inc. has a one year low of $47.35 and a one year high of $103.00. The company has a fifty day simple moving average of $74.73 and a 200 day simple moving average of $80.59.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.26. The company had revenue of $350.17 million during the quarter, compared to analyst estimates of $320.19 million. The company’s quarterly revenue was up 48.3% on a year-over-year basis. During the same period in the previous year, the company posted ($0.21) EPS. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Equities research analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Rubrik

A number of institutional investors and hedge funds have recently made changes to their positions in RBRK. Allworth Financial LP increased its position 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 buying an additional 268 shares in the last quarter. ST Germain D J Co. Inc. acquired a new stake in Rubrik in the second quarter valued at approximately $27,000. Bogart Wealth LLC increased its holdings in shares of Rubrik by 352.2% during the third quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock valued at $26,000 after acquiring an additional 243 shares in the last quarter. Beacon Capital Management LLC acquired a new position in shares of Rubrik during the second quarter worth approximately $29,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of 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 in the last quarter. Institutional investors own 49.54% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on RBRK shares. Wedbush reaffirmed an “outperform” rating and issued a $120.00 price objective on shares of Rubrik in a research note on Friday, December 5th. Guggenheim set a $110.00 target price on shares of Rubrik in a report on Friday, December 5th. William Blair raised shares of Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday, December 5th. Cantor Fitzgerald lowered their price objective on Rubrik from $115.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, December 3rd. Finally, Oppenheimer assumed coverage on Rubrik in a research note on Monday, November 17th. They issued a “market perform” rating on the stock. Twenty-one research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $112.18.

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).