Insider Selling: Rubrik (NYSE:RBRK) Director Sells $85,799.00 in Stock

Rubrik, Inc. (NYSE:RBRK) Director Yvonne Wassenaar sold 721 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $119.00, for a total value of $85,799.00. Following the transaction, the director owned 2,988 shares in the company, valued at $355,572. This trade represents a 19.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, September 3rd, Yvonne Wassenaar sold 721 shares of Rubrik stock. The shares were sold at an average price of $89.52, for a total value of $64,543.92.
• On Monday, August 3rd, Yvonne Wassenaar sold 721 shares of Rubrik stock. The stock was sold at an average price of $75.00, for a total value of $54,075.00.

Rubrik Trading Down 2.1%

RBRK opened at $121.17 on Friday. The stock has a fifty day simple moving average of $100.71 and a two-hundred day simple moving average of $78.16. The company has a market cap of $25.12 billion, a price-to-earnings ratio of -96.17 and a beta of 1.12. Rubrik, Inc. has a 12-month low of $42.25 and a 12-month high of $127.90.

Rubrik (NYSE:RBRK) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.04 by $0.16. The firm had revenue of $427.26 million for the quarter, compared to analysts’ expectations of $396.30 million. During the same period in the prior year, the business posted ($0.03) EPS. The business’s quarterly revenue was up 43.9% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. On average, analysts predict that Rubrik, Inc. will post -1.19 EPS for the current year.

Analysts Set New Price Targets

RBRK has been the topic of a number of analyst reports. Stephens reissued an “overweight” rating on shares of Rubrik in a research report on Friday, August 28th. Scotiabank reaffirmed an “outperform” rating on shares of Rubrik in a research report on Tuesday, August 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rubrik in a research note on Monday, September 21st. KeyCorp boosted their target price on Rubrik from $112.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, August 28th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $120.00 price target on shares of Rubrik in a report on Friday, August 28th. Twenty-eight equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $114.42.

Key Rubrik News

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik expanded Project Hourglass with Rubrik Code Guardian, a code-security tool powered by Anthropic’s Claude. The offering is designed to help identify and address security risks in software development, broadening Rubrik’s opportunity beyond data backup and cyber recovery. Rubrik Expands Project Hourglass with Rubrik Code Guardian, Powered by Claude
• Positive Sentiment: Additional global systems-integrator partners—including AHEAD, Trace3 and World Wide Technology—joined Project Hourglass. The broader partner ecosystem could improve Rubrik’s enterprise distribution and support adoption of its AI operations and security products. Rubrik expands Project Hourglass with code security tool in preview
• Positive Sentiment: Rubrik’s healthcare-security push is helping position the company as a broader cyber-resilience provider. Expansion into a highly regulated industry could increase its addressable market and strengthen its enterprise narrative. Is Rubrik’s Healthcare Security Push Reframing Its Core Cyber Resilience Narrative?
• Neutral Sentiment: The stock has reached new highs following strong recent fundamentals: quarterly revenue rose 43.9% year over year to $427.3 million, exceeding estimates, while EPS also beat expectations. However, investors are weighing the growth opportunity against a market capitalization above $25 billion and continued reported losses. How to play Rubrik stock at new all-time highs
• Negative Sentiment: Rubrik’s CTO Arvind Nithrakashyap sold shares worth approximately $1.57 million, following another sale at a higher price. The transactions were executed under a pre-arranged Rule 10b5-1 plan, reducing their negative significance, but repeated insider selling can still pressure sentiment after the sharp rally. Insider Selling: Rubrik CTO Sells Stock
• Negative Sentiment: Director Yvonne Wassenaar also sold 721 shares under a pre-arranged plan. The relatively small transaction is unlikely to affect fundamentals, but adds to the recent pattern of insider selling. Rubrik Director Insider Sale

Hedge Funds Weigh In On Rubrik

Hedge funds have recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA lifted its position 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 valued at $162,572,000 after purchasing an additional 1,696,342 shares during the period. SG Americas Securities LLC grew its position in Rubrik by 1,284.7% in the 1st quarter. SG Americas Securities LLC now owns 1,171,286 shares of the company’s stock worth $57,358,000 after purchasing an additional 1,086,697 shares during the period. Amundi grew its position in Rubrik by 449.5% in the 1st quarter. Amundi now owns 561,496 shares of the company’s stock worth $27,496,000 after purchasing an additional 459,314 shares during the period. Fiera Capital Corp raised its stake in Rubrik by 135.1% during the 4th quarter. Fiera Capital Corp now owns 777,909 shares of the company’s stock valued at $59,494,000 after buying an additional 446,996 shares during the last quarter. Finally, CI Investments Inc. bought a new position in shares of Rubrik during the 1st quarter valued at $19,815,000. 49.54% of the stock is currently owned by hedge funds and other institutional investors.

About Rubrik

Rubrik, Inc is a cybersecurity and data management company that helps organizations protect, manage and recover data across on-premises infrastructure, cloud environments and software-as-a-service applications. Its platform is designed to support data backup, recovery, security monitoring and cyber resilience.

The company’s primary offering is Rubrik Security Cloud, a cloud-delivered platform that provides data protection and security capabilities, including policy-based backup, immutable data protection, ransomware recovery, threat monitoring and centralized management.