Rubrik (NYSE:RBRK) Insider Sells $365,435.46 in Stock

Rubrik, Inc. (NYSE:RBRK) insider Brian Mccarthy sold 4,797 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $76.18, for a total transaction of $365,435.46. Following the completion of the sale, the insider directly owned 340,772 shares in the company, valued at $25,960,010.96. This trade represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Rubrik Stock Performance

Rubrik stock opened at $78.15 on Friday. Rubrik, Inc. has a fifty-two week low of $47.35 and a fifty-two week high of $103.00. The firm has a 50 day moving average price of $75.36 and a 200 day moving average price of $82.78. The company has a market capitalization of $15.64 billion, a PE ratio of -40.08 and a beta of 0.32.

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

Analyst Ratings Changes

A number of research analysts recently weighed in on RBRK shares. FBN Securities restated an “outperform” rating on shares of Rubrik in a report on Wednesday, September 10th. Robert W. Baird upped their price objective on Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. CIBC lifted their target price on Rubrik from $125.00 to $130.00 and gave the company an “outperformer” rating in a report on Thursday, September 11th. Wedbush reissued an “outperform” rating and set a $120.00 target price on shares of Rubrik in a research note on Friday, December 5th. Finally, Guggenheim set a $110.00 price target on Rubrik in a report on Friday, December 5th. Twenty investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $114.94.

Hedge Funds Weigh In On Rubrik

Large investors have recently bought and sold shares of the business. Allworth Financial LP lifted its holdings in Rubrik by 1,030.8% during the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after buying an additional 268 shares during the last quarter. Bogart Wealth LLC raised its position in shares of Rubrik by 352.2% during the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after acquiring an additional 243 shares in the last quarter. ST Germain D J Co. Inc. acquired a new stake in shares of Rubrik during the 2nd quarter worth about $27,000. Beacon Capital Management LLC acquired a new position in Rubrik in the second quarter valued at approximately $29,000. Finally, PNC Financial Services Group Inc. acquired a new position in Rubrik in the first quarter valued at approximately $30,000. Hedge funds and other 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).