Rubrik (NYSE:RBRK) CTO Sells $1,053,291.20 in Stock

Rubrik, Inc. (NYSE:RBRK) CTO Arvind Nithrakashyap sold 12,820 shares of Rubrik stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $82.16, for a total value of $1,053,291.20. Following the completion of the transaction, the chief technology officer owned 314,048 shares of the company’s stock, valued at approximately $25,802,183.68. This represents a 3.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 Monday, June 1st, Arvind Nithrakashyap sold 199,447 shares of Rubrik stock. The shares were sold at an average price of $84.28, for a total value of $16,809,393.16.

Rubrik Stock Down 5.0%

Shares of Rubrik stock opened at $73.15 on Friday. Rubrik, Inc. has a twelve month low of $42.25 and a twelve month high of $103.00. The business has a 50-day moving average price of $58.79 and a 200 day moving average price of $62.61. The firm has a market cap of $14.80 billion, a PE ratio of -50.45 and a beta of 1.10.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results 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 business had revenue of $387.07 million during the quarter, compared to analysts’ expectations of $366.31 million. During the same quarter in the prior year, the firm earned ($0.15) EPS. Rubrik’s revenue for the quarter was up 39.0% on a year-over-year basis. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. On average, sell-side analysts expect that Rubrik, Inc. will post -1.45 EPS for the current year.

Analysts Set New Price Targets

RBRK has been the topic of several research analyst reports. Rosenblatt Securities reiterated a “buy” rating and issued a $90.00 price objective on shares of Rubrik in a report on Monday, June 1st. Wedbush reiterated an “outperform” rating and issued a $90.00 price objective on shares of Rubrik in a report on Friday. Piper Sandler reiterated an “overweight” rating and issued a $91.00 price objective (up from $84.00) on shares of Rubrik in a report on Friday. Mizuho lifted their price objective on Rubrik from $80.00 to $90.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Rubrik in a report on Friday, March 27th. Twenty-eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Rubrik currently has an average rating of “Moderate Buy” and an average price target of $93.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Rubrik by 1,360.0% during 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 during the last quarter. Financial Life Planners acquired a new position in shares of Rubrik during the 3rd quarter worth approximately $31,000. Guerra Advisors Inc acquired a new position in shares of Rubrik during the 3rd quarter worth approximately $33,000. Atlantic Union Bankshares Corp boosted its holdings in shares of Rubrik by 100.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares during the last quarter. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Rubrik during the 3rd quarter worth approximately $34,000. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Key Rubrik News

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

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).