Insider Selling: Rubrik (NYSE:RBRK) CTO Sells $73,202.25 in Stock

Rubrik, Inc. (NYSE:RBRK) CTO Arvind Nithrakashyap sold 1,045 shares of the firm’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $70.05, for a total value of $73,202.25. Following the transaction, the chief technology officer directly owned 341,658 shares of the company’s stock, valued at approximately $23,933,142.90. This represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, January 15th, Arvind Nithrakashyap sold 4,648 shares of Rubrik stock. The stock was sold at an average price of $70.40, for a total value of $327,219.20.
• On Wednesday, December 17th, Arvind Nithrakashyap sold 31,450 shares of Rubrik stock. The stock was sold at an average price of $76.19, for a total value of $2,396,175.50.

Rubrik Stock Down 2.8%

Rubrik stock opened at $67.12 on Monday. The company has a market capitalization of $13.43 billion, a PE ratio of -34.42 and a beta of 0.27. Rubrik, Inc. has a 12-month low of $47.35 and a 12-month high of $103.00. The firm’s fifty day moving average is $74.73 and its 200 day moving average is $80.52.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Thursday, December 4th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.26. The firm had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. During the same quarter in the prior year, the firm earned ($0.21) EPS. The company’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. Sell-side analysts expect that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. GGM Financials LLC bought a new stake in Rubrik during the second quarter valued at $8,108,000. Bessemer Group Inc. increased its stake in Rubrik by 17.7% in the 2nd 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 during the last quarter. Perpetual Ltd raised its holdings in shares of Rubrik by 8,282.0% in the 2nd quarter. Perpetual Ltd now owns 587,156 shares of the company’s stock valued at $52,603,000 after acquiring an additional 580,151 shares in the last quarter. Voya Investment Management LLC raised its holdings in shares of Rubrik by 18.0% in the 3rd quarter. Voya Investment Management LLC now owns 3,569,026 shares of the company’s stock valued at $293,552,000 after acquiring an additional 543,855 shares in the last quarter. Finally, Vontobel Holding Ltd. bought a new stake in shares of Rubrik during the 3rd quarter valued at about $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

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Guggenheim set a $110.00 price target on shares of Rubrik in a research report on Friday, December 5th. Wedbush restated an “outperform” rating and issued a $120.00 target price on shares of Rubrik in a report on Friday, December 5th. KeyCorp cut their target price on Rubrik from $113.00 to $95.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Robert W. Baird increased their price target on Rubrik from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Finally, Oppenheimer started coverage on shares of Rubrik in a report on Monday, November 17th. They set a “market perform” rating on the stock. Twenty-one investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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).