Yvonne Wassenaar Sells 721 Shares of Rubrik (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRK) Director Yvonne Wassenaar sold 721 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $75.00, for a total transaction of $54,075.00. Following the transaction, the director owned 3,917 shares in the company, valued at $293,775. This trade represents a 15.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Yvonne Wassenaar also recently made the following trade(s):

• On Wednesday, July 1st, Yvonne Wassenaar sold 721 shares of Rubrik stock. The stock was sold at an average price of $81.57, for a total transaction of $58,811.97.
• On Tuesday, June 23rd, Yvonne Wassenaar sold 676 shares of Rubrik stock. The stock was sold at an average price of $75.00, for a total transaction of $50,700.00.
• On Wednesday, June 3rd, Yvonne Wassenaar sold 721 shares of Rubrik stock. The shares were sold at an average price of $80.73, for a total value of $58,206.33.
• On Friday, May 29th, Yvonne Wassenaar sold 2,838 shares of Rubrik stock. The shares were sold at an average price of $75.00, for a total transaction of $212,850.00.

Rubrik Stock Performance

Rubrik stock opened at $84.70 on Thursday. The company has a 50-day simple moving average of $76.72 and a 200-day simple moving average of $62.97. The firm has a market capitalization of $17.43 billion, a P/E ratio of -58.41 and a beta of 1.17. Rubrik, Inc. has a one year low of $42.25 and a one year high of $99.75.

Rubrik (NYSE:RBRK) last issued its quarterly earnings data on Thursday, June 4th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.19. The firm had revenue of $387.07 million during the quarter, compared to the consensus estimate of $366.31 million. The company’s revenue for the quarter was up 39.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($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. As a group, sell-side analysts forecast that Rubrik, Inc. will post -1.16 earnings per share for the current year.

Key Stories Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: New AI security product: Rubrik unveiled “Agent Identity,” a capability designed to authenticate and govern AI agents’ actions in real time. The product addresses emerging risks associated with autonomous and agentic AI systems and could strengthen Rubrik’s positioning in the growing data-security market. Rubrik Unveils Agent Identity to Secure Agentic Actions in Real-Time
• Positive Sentiment: Fresh bullish analyst coverage: Loop Capital initiated coverage of Rubrik with a Buy rating, adding to an already favorable Wall Street view. The company’s consensus rating is Moderate Buy, with an average analyst price target of $94.20, suggesting potential upside from recent trading levels. Rubrik in Spotlight as Loop Capital Starts with Buy Rating
• Neutral Sentiment: Industry tailwind: The Cloud Security Alliance launched an AI Resilience Center of Excellence, highlighting increasing industry attention on AI security, resilience and governance. The initiative is not specific to Rubrik but supports the broader market opportunity targeted by its security platform. Cloud Security Alliance Launches AI Resilience Center of Excellence
• Negative Sentiment: Insider selling: CTO Arvind Nithrakashyap sold 25,640 shares for roughly $2.02 million across August 3 and August 5, while directors Yvonne Wassenaar and John Wendell Thompson sold 721 and 13,500 shares, respectively. The sales reduce insider ownership and may weigh on sentiment, but the pre-arranged trading plans make them less indicative of a negative view of Rubrik’s outlook.

Institutional Investors Weigh In On Rubrik

Institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Rubrik in the 4th quarter worth $345,907,000. First Trust Advisors LP boosted its stake in Rubrik by 42.8% during the fourth quarter. First Trust Advisors LP now owns 7,064,057 shares of the company’s stock valued at $540,259,000 after buying an additional 2,116,272 shares in the last quarter. Pictet Asset Management Holding SA grew its holdings in Rubrik by 104.1% during the first quarter. Pictet Asset Management Holding SA now owns 3,325,503 shares of the company’s stock worth $162,572,000 after acquiring an additional 1,696,342 shares during the period. Vanguard Group Inc. grew its holdings in Rubrik by 12.9% during the fourth quarter. Vanguard Group Inc. now owns 14,694,503 shares of the company’s stock worth $1,123,836,000 after acquiring an additional 1,678,255 shares during the period. Finally, AQR Capital Management LLC bought a new stake in Rubrik in the third quarter worth about $97,828,000. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on RBRK shares. Oppenheimer boosted their price objective on Rubrik from $85.00 to $90.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Barclays raised their target price on Rubrik from $70.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, June 5th. Jefferies Financial Group set a $90.00 price target on Rubrik in a research report on Friday, June 5th. UBS Group reissued a “buy” rating on shares of Rubrik in a research note on Monday, June 1st. Finally, Stephens reissued an “overweight” rating and set a $90.00 price target on shares of Rubrik in a report on Monday, June 15th. Twenty-nine analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Rubrik has an average rating of “Moderate Buy” and an average price target of $94.20.

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).