Kiran Kumar Choudary Sells 20,000 Shares of Rubrik (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $67.66, for a total transaction of $1,353,200.00. Following the completion of the transaction, the chief financial officer owned 489,959 shares of the company’s stock, valued at $33,150,625.94. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Wednesday, January 7th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $76.20, for a total transaction of $266,700.00.
• On Monday, December 22nd, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $79.25, for a total transaction of $277,375.00.
• On Wednesday, December 17th, Kiran Kumar Choudary sold 6,779 shares of Rubrik stock. The shares were sold at an average price of $76.18, for a total transaction of $516,424.22.
• 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 transaction of $320,110.00.
• On Wednesday, November 19th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $69.46, for a total value of $243,110.00.
• On Wednesday, November 5th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $72.29, for a total value of $253,015.00.

Rubrik Stock Down 2.8%

Shares of NYSE RBRK opened at $67.12 on Friday. The firm has a market capitalization of $13.43 billion, a P/E ratio of -34.42 and a beta of 0.27. The stock’s 50-day simple moving average is $74.73 and its two-hundred day simple moving average is $80.56. Rubrik, Inc. has a twelve month low of $47.35 and a twelve month high of $103.00.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.26. The business had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. During the same quarter last year, the business posted ($0.21) EPS. The business’s 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, research analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. GGM Financials LLC purchased a new stake in shares of Rubrik in the 2nd quarter worth about $8,108,000. Bessemer Group Inc. boosted its stake in Rubrik by 17.7% during the second quarter. Bessemer Group Inc. now owns 194,911 shares of the company’s stock worth $17,462,000 after acquiring an additional 29,317 shares in the last quarter. Perpetual Ltd grew its holdings in Rubrik by 8,282.0% in the second quarter. Perpetual Ltd now owns 587,156 shares of the company’s stock worth $52,603,000 after purchasing an additional 580,151 shares during the period. Voya Investment Management LLC increased its stake in shares of Rubrik by 18.0% during the third quarter. Voya Investment Management LLC now owns 3,569,026 shares of the company’s stock valued at $293,552,000 after purchasing an additional 543,855 shares in the last quarter. Finally, Vontobel Holding Ltd. purchased a new stake in shares of Rubrik in the 3rd quarter worth approximately $2,016,000. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Rubrik News Summary

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on RBRK. Robert W. Baird lifted their price objective on shares of Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. KeyCorp lowered their price target on Rubrik from $113.00 to $95.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Wedbush reiterated an “outperform” rating and issued a $120.00 price objective on shares of Rubrik in a report on Friday, December 5th. Berenberg Bank began coverage on Rubrik in a research report on Tuesday, November 18th. They set a “buy” rating and a $114.00 price objective on the stock. Finally, William Blair raised Rubrik from a “market perform” rating to an “outperform” rating in a 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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).