Arvind Nithrakashyap Sells 4,648 Shares of Rubrik (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRK) CTO Arvind Nithrakashyap sold 4,648 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $70.40, for a total transaction of $327,219.20. Following the completion of the transaction, the chief technology officer owned 337,010 shares of the company’s stock, valued at approximately $23,725,504. This trade represents a 1.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Arvind Nithrakashyap also recently made the following trade(s):

• On Wednesday, January 14th, Arvind Nithrakashyap sold 1,045 shares of Rubrik stock. The stock was sold at an average price of $70.05, for a total transaction of $73,202.25.
• On Wednesday, December 17th, Arvind Nithrakashyap sold 31,450 shares of Rubrik stock. The shares were sold at an average price of $76.19, for a total value of $2,396,175.50.

Rubrik Trading Down 2.8%

NYSE RBRK opened at $67.12 on Friday. The stock has a market capitalization of $13.43 billion, a price-to-earnings ratio of -34.42 and a beta of 0.27. The stock has a 50-day moving average of $74.73 and a 200 day moving average of $80.56. Rubrik, Inc. has a twelve month low of $47.35 and a twelve month high of $103.00.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Thursday, December 4th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.26. The business had revenue of $350.17 million during the quarter, compared to analysts’ expectations of $320.19 million. The firm’s quarterly revenue was up 48.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.21) earnings per share. 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 analysts predict that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on RBRK. KeyCorp dropped their target price on shares of Rubrik from $113.00 to $95.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Guggenheim set a $110.00 price objective on Rubrik in a report on Friday, December 5th. Robert W. Baird increased their target price on Rubrik from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, December 5th. UBS Group reaffirmed a “buy” rating on shares of Rubrik in a research note on Friday, December 5th. Finally, Roth Capital reiterated a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $112.18.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik launched “Rubrik Security Cloud Sovereign,” a product designed to give global customers tighter control over data residency and access — a feature aimed at regulated and national-security-sensitive customers that could expand sales in large enterprises and government. Rubrik Announces Rubrik Security Cloud Sovereign
• Positive Sentiment: KeyCorp reiterated an Overweight view and a $95 price target, publishing a Q3 2027 EPS estimate (‑$0.35) while maintaining optimistic positioning on Rubrik’s growth trajectory — analyst support can help stabilize sentiment and attract buyers. (KeyCorp research note)
• Neutral Sentiment: Rubrik introduced “CXO Visionaries,” a marketing/program initiative aimed at C-level engagement and thought leadership — positive for brand and pipeline development but unlikely to move near-term fundamentals by itself. Rubrik Introduces CXO Visionaries
• Negative Sentiment: Company insiders sold material amounts of stock this week: CTO Arvind Nithrakashyap sold 4,648 shares at ~$70.40 (and earlier sold 1,045 shares at ~$70.05)—small reductions but visible insider selling can unsettle retail investors. CTO Form 4
• Negative Sentiment: CFO Kiran Kumar Choudary sold 20,000 shares at an average price of $67.66 (≈$1.35M), reducing his stake by ~3.9% — this larger insider sale is likely the principal negative catalyst for today’s weaker share performance. CFO Form 4

Hedge Funds Weigh In On Rubrik

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Rubrik by 8.3% during the 3rd quarter. Vanguard Group Inc. now owns 13,016,248 shares of the company’s stock worth $1,070,586,000 after buying an additional 993,634 shares during the last quarter. First Trust Advisors LP grew its position in Rubrik by 10.9% in the third quarter. First Trust Advisors LP now owns 4,947,785 shares of the company’s stock worth $406,955,000 after acquiring an additional 485,080 shares during the period. Voya Investment Management LLC increased its stake in Rubrik by 18.0% during the third quarter. Voya Investment Management LLC now owns 3,569,026 shares of the company’s stock worth $293,552,000 after acquiring an additional 543,855 shares during the last quarter. Norges Bank purchased a new stake in Rubrik in the second quarter valued at $219,132,000. Finally, Federated Hermes Inc. raised its position in Rubrik by 101.8% in the third quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock valued at $200,506,000 after purchasing an additional 1,229,476 shares during the period. 49.54% of the stock is currently owned by institutional investors and hedge funds.

About Rubrik

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).