Rubrik (NYSE:RBRK) Shares Down 5.7% – Should You Sell?

Rubrik, Inc. (NYSE:RBRK) shares traded down 5.7% during mid-day trading on Thursday . The company traded as low as $72.70 and last traded at $72.4590. 498,203 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 2,237,954 shares. The stock had previously closed at $76.87.

Analysts Set New Price Targets

RBRK has been the topic of a number of recent analyst reports. Oppenheimer initiated coverage on Rubrik in a report on Monday, November 17th. They set a “market perform” rating on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. FBN Securities reissued an “outperform” rating on shares of Rubrik in a research report on Wednesday, September 10th. William Blair upgraded shares of Rubrik from a “market perform” rating to an “outperform” rating in a research note on Friday, December 5th. Finally, BMO Capital Markets reduced their target price on shares of Rubrik from $110.00 to $105.00 and set an “outperform” rating for the company in a report on Friday, December 5th. Twenty-one analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $113.24.

Rubrik Stock Down 5.9%

The company’s fifty day moving average price is $75.20 and its 200 day moving average price is $81.51. The company has a market capitalization of $14.48 billion, a P/E ratio of -37.09 and a beta of 0.27.

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

Insider Buying and Selling

In related news, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $83.03, for a total transaction of $830,300.00. Following the completion of the sale, the insider owned 359,319 shares of the company’s stock, valued at $29,834,256.57. This represents a 2.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Kiran Kumar Choudary sold 6,779 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $76.18, for a total transaction of $516,424.22. Following the completion of the transaction, the chief financial officer directly owned 507,959 shares in the company, valued at approximately $38,696,316.62. This represents a 1.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 223,703 shares of company stock valued at $17,762,227 in the last ninety days. Insiders own 32.38% of the company’s stock.

Institutional Investors Weigh In On Rubrik

Large investors have recently modified their holdings of the business. GGM Financials LLC bought a new position in shares of Rubrik in the second quarter valued at approximately $8,108,000. Bessemer Group Inc. lifted its stake in Rubrik by 17.7% during the 2nd quarter. Bessemer Group Inc. now owns 194,911 shares of the company’s stock valued at $17,462,000 after acquiring an additional 29,317 shares in the last quarter. Perpetual Ltd boosted its holdings in Rubrik by 8,282.0% during the 2nd quarter. Perpetual Ltd now owns 587,156 shares of the company’s stock worth $52,603,000 after acquiring an additional 580,151 shares during the last quarter. Voya Investment Management LLC grew its stake in shares of Rubrik by 18.0% in the 3rd quarter. Voya Investment Management LLC now owns 3,569,026 shares of the company’s stock worth $293,552,000 after acquiring an additional 543,855 shares in the last quarter. Finally, Vontobel Holding Ltd. bought a new stake in shares of Rubrik in the 3rd quarter worth $2,016,000. 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).