Insider Selling: Rubrik (NYSE:RBRK) CFO Sells 3,500 Shares of Stock

by · The Cerbat Gem

Rubrik, Inc. (NYSE:RBRK – Get Free Report) CFO Kiran Kumar Choudary sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $91.46, for a total value of $320,110.00. Following the completion of the sale, the chief financial officer owned 507,551 shares of the company’s stock, valued at $46,420,614.46. The trade was a 0.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

  • 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.
  • 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 value of $279,230.00.
  • On Wednesday, October 1st, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $82.68, for a total value of $289,380.00.
  • On Wednesday, September 17th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $74.82, for a total value of $261,870.00.
  • On Tuesday, September 16th, Kiran Kumar Choudary sold 6,599 shares of Rubrik stock. The stock was sold at an average price of $74.21, for a total transaction of $489,711.79.

Rubrik Price Performance

NYSE RBRK traded down $1.23 during trading on Wednesday, reaching $90.08. 2,900,312 shares of the company’s stock traded hands, compared to its average volume of 3,231,838. Rubrik, Inc. has a 12-month low of $47.35 and a 12-month high of $103.00. The firm has a market cap of $17.79 billion, a price-to-earnings ratio of -46.20 and a beta of 0.32. The company’s 50 day simple moving average is $75.76 and its two-hundred day simple moving average is $83.55.

Rubrik (NYSE:RBRK – Get Free Report) last released its quarterly earnings data 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. Rubrik’s revenue for the quarter was up 48.3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($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. Research analysts expect that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on RBRK. William Blair upgraded Rubrik from a “market perform” rating to an “outperform” rating in a report on Friday, December 5th. KeyCorp cut their target price on Rubrik from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Friday, December 5th. FBN Securities reiterated an “outperform” rating on shares of Rubrik in a report on Wednesday, September 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Rubrik in a report on Monday. Finally, Citigroup cut their price objective on shares of Rubrik from $117.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday. Twenty 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. Based on data from MarketBeat.com, Rubrik currently has an average rating of “Moderate Buy” and an average price target of $114.94.

Read Our Latest Analysis on Rubrik

Institutional Trading of Rubrik

Several large investors have recently bought and sold shares of RBRK. GGM Financials LLC acquired a new stake in Rubrik during the 2nd quarter worth about $8,108,000. Northern Trust Corp increased its holdings in shares of Rubrik by 23.1% in the first quarter. Northern Trust Corp now owns 236,649 shares of the company’s stock valued at $14,431,000 after purchasing an additional 44,373 shares during the period. Bessemer Group Inc. raised its stake in shares of Rubrik by 17.7% in the second quarter. Bessemer Group Inc. now owns 194,911 shares of the company’s stock worth $17,462,000 after purchasing an additional 29,317 shares during the last quarter. Perpetual Ltd lifted its holdings in shares of Rubrik by 8,282.0% during 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. Finally, Hsbc Holdings PLC lifted its holdings in shares of Rubrik by 200.2% during the first quarter. Hsbc Holdings PLC now owns 87,358 shares of the company’s stock worth $5,317,000 after purchasing an additional 58,258 shares during the period. Hedge funds and other institutional investors own 49.54% of the company’s stock.

About Rubrik

(Get Free Report)

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.

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