Rubrik (NYSE:RBRK) CFO Sells $516,424.22 in Stock

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 6,779 shares of Rubrik stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $76.18, for a total value of $516,424.22. Following the sale, the chief financial officer owned 507,959 shares in the company, valued at $38,696,316.62. This represents a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Tuesday, December 9th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $91.46, for a total value of $320,110.00.
• On Wednesday, November 19th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $69.46, for a total transaction of $243,110.00.
• On Wednesday, November 5th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $72.29, for a total transaction of $253,015.00.
• On Wednesday, October 15th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $79.78, for a total transaction of $279,230.00.
• On Wednesday, October 1st, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $82.68, for a total transaction of $289,380.00.

Rubrik Stock Performance

Shares of RBRK opened at $78.15 on Friday. The stock has a market cap of $15.64 billion, a PE ratio of -40.08 and a beta of 0.32. Rubrik, Inc. has a fifty-two week low of $47.35 and a fifty-two week high of $103.00. The firm’s 50-day simple moving average is $75.36 and its two-hundred day simple moving average is $82.78.

Rubrik (NYSE:RBRK) last released its 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 business had revenue of $350.17 million for the quarter, compared to analysts’ expectations of $320.19 million. During the same quarter in the previous year, the business posted ($0.21) earnings per share. Rubrik’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. Equities research analysts predict that Rubrik, Inc. will post -7.66 EPS for the current year.

Wall Street Analyst Weigh In

RBRK has been the subject of several analyst reports. Berenberg Bank assumed coverage on Rubrik in a report on Tuesday, November 18th. They set a “buy” rating and a $114.00 price target for the company. BMO Capital Markets decreased 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rubrik in a research note on Monday, December 15th. Oppenheimer assumed coverage on shares of Rubrik in a research report on Monday, November 17th. They set a “market perform” rating for the company. Finally, Barclays upped their price objective on Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. Twenty analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $114.94.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC boosted its holdings in Rubrik by 60.2% in the third quarter. FNY Investment Advisers LLC now owns 11,000 shares of the company’s stock worth $904,000 after purchasing an additional 4,134 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Rubrik by 152.4% during the 3rd quarter. Allworth Financial LP now owns 742 shares of the company’s stock valued at $61,000 after buying an additional 448 shares during the period. IFP Advisors Inc boosted its stake in shares of Rubrik by 157.5% in the 3rd quarter. IFP Advisors Inc now owns 6,877 shares of the company’s stock worth $566,000 after buying an additional 4,206 shares during the last quarter. Swiss Life Asset Management Ltd grew its holdings in shares of Rubrik by 107.5% in the third quarter. Swiss Life Asset Management Ltd now owns 5,147 shares of the company’s stock worth $423,000 after acquiring an additional 2,666 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new stake in Rubrik during the third quarter valued at $347,000. Institutional investors 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).