Insider Selling: Rubrik (NYSE:RBRK) Director Sells 11,000 Shares of Stock

Rubrik, Inc. (NYSE:RBRK) Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $55.29, for a total value of $608,190.00. Following the transaction, the director directly owned 3,655 shares in the company, valued at approximately $202,084.95. This represents a 75.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

John Wendell Thompson also recently made the following trade(s):

• On Monday, February 2nd, John Wendell Thompson sold 2,500 shares of Rubrik stock. The stock was sold at an average price of $55.30, for a total value of $138,250.00.
• On Monday, January 5th, John Wendell Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $73.87, for a total transaction of $184,675.00.
• On Monday, January 5th, John Wendell Thompson sold 11,000 shares of Rubrik stock. The shares were sold at an average price of $73.84, for a total value of $812,240.00.
• On Monday, December 1st, John Wendell Thompson sold 9,009 shares of Rubrik stock. The shares were sold at an average price of $68.75, for a total value of $619,368.75.

Rubrik Stock Down 4.3%

Shares of NYSE:RBRK traded down $2.37 on Tuesday, hitting $52.08. The company had a trading volume of 5,964,473 shares, compared to its average volume of 3,898,058. Rubrik, Inc. has a 1 year low of $47.35 and a 1 year high of $103.00. The firm’s 50-day simple moving average is $72.96 and its two-hundred day simple moving average is $78.60. The firm has a market capitalization of $10.42 billion, a price-to-earnings ratio of -26.71 and a beta of 0.33.

Rubrik (NYSE:RBRK) last released 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 firm had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. During the same quarter in the prior year, the firm earned ($0.21) earnings per share. The company’s revenue for the quarter was up 48.3% compared to the same quarter last year. 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 anticipate that Rubrik, Inc. will post -7.66 EPS for the current year.

Hedge Funds Weigh In On Rubrik

Several institutional investors have recently bought and sold shares of RBRK. Allworth Financial LP boosted its position in shares of Rubrik by 1,030.8% in the second quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after acquiring an additional 268 shares during the last quarter. Bogart Wealth LLC increased its holdings in Rubrik by 352.2% in the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock valued at $26,000 after purchasing an additional 243 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in 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 acquiring an additional 340 shares in the last quarter. Financial Life Planners purchased a new position in shares of Rubrik in the third quarter valued at $31,000. Finally, Catalyst Capital Advisors LLC purchased a new position in Rubrik in the 2nd quarter valued at about $36,000. 49.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on RBRK. Oppenheimer started coverage on shares of Rubrik in a research note on Monday, November 17th. They set a “market perform” rating on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Stephens assumed coverage on Rubrik in a research note on Monday, December 29th. They set an “overweight” rating and a $105.00 price target for the company. Robert W. Baird boosted their target price on shares of Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Finally, Mizuho upgraded Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price target on the stock in a report on Monday, November 17th. 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $112.18.

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).