Rubrik (NYSE:RBRK) CFO Sells $1,083,400.00 in Stock

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 20,000 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $54.17, for a total transaction of $1,083,400.00. Following the completion of the transaction, the chief financial officer directly owned 474,959 shares in the company, valued at $25,728,529.03. This trade represents a 4.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Friday, January 16th, Kiran Kumar Choudary sold 20,000 shares of Rubrik stock. The shares were sold at an average price of $67.66, for a total value of $1,353,200.00.
• 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 value 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 value 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 value of $516,424.22.
• On Tuesday, December 9th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $91.46, for a total transaction of $320,110.00.

Rubrik Trading Down 0.5%

NYSE RBRK traded down $0.25 during trading on Thursday, reaching $54.14. The company’s stock had a trading volume of 2,107,921 shares, compared to its average volume of 3,993,784. The stock has a market capitalization of $10.84 billion, a PE ratio of -27.77 and a beta of 0.31. Rubrik, Inc. has a 1-year low of $47.35 and a 1-year high of $103.00. The business has a 50-day moving average price of $67.49 and a 200-day moving average price of $75.74.

Rubrik (NYSE:RBRK) last issued its quarterly earnings data on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The business had revenue of $350.17 million during the quarter, compared to the consensus estimate of $320.19 million. During the same quarter in the prior year, the company posted ($0.21) earnings per share. The company’s revenue for the quarter 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. As a group, analysts expect that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on RBRK shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Rubrik in a research note on Friday, December 5th. Rosenblatt Securities raised their price target on Rubrik from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Robert W. Baird lifted their price objective on Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. Roth Mkm restated a “buy” rating on shares of Rubrik in a research note on Friday, December 5th. Finally, The Goldman Sachs Group lowered their target price on Rubrik from $120.00 to $80.00 and set a “buy” rating on the stock in a report on Monday, February 9th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $106.94.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of RBRK. NewEdge Advisors LLC lifted its holdings in shares of Rubrik by 12.0% during the 2nd quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after acquiring an additional 150 shares during the period. Atlantic Union Bankshares Corp raised its position in Rubrik by 100.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares in the last quarter. CI Investments Inc. raised its position in Rubrik by 31.7% in the third quarter. CI Investments Inc. now owns 859 shares of the company’s stock worth $71,000 after purchasing an additional 207 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in Rubrik by 24.3% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock worth $94,000 after purchasing an additional 224 shares during the period. Finally, Creative Planning boosted its holdings in Rubrik by 5.3% during the second quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after purchasing an additional 236 shares in the last quarter. 49.54% of the stock is owned by 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).