Rubrik, Inc. (NYSE:RBRK – Get Free Report) CFO Kiran Choudary sold 4,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $101.05, for a total value of $404,200.00. Following the completion of the transaction, the chief financial officer directly owned 978,073 shares in the company, valued at $98,834,276.65. This represents a 0.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kiran Kumar Choudary also recently made the following trade(s):
- On Thursday, September 17th, Kiran Choudary sold 6,000 shares of Rubrik stock. The stock was sold at an average price of $107.32, for a total value of $643,920.00.
- On Monday, August 24th, Kiran Choudary sold 10,000 shares of Rubrik stock. The stock was sold at an average price of $98.32, for a total value of $983,200.00.
Rubrik Stock Down 1.2%
Shares of NYSE RBRK opened at $106.49 on Friday. The stock’s fifty day simple moving average is $89.52 and its 200 day simple moving average is $71.84. The stock has a market capitalization of $22.08 billion, a price-to-earnings ratio of -84.52 and a beta of 1.24. Rubrik, Inc. has a 52-week low of $42.25 and a 52-week high of $109.00.
Hedge Funds Weigh In On Rubrik
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Pictet Asset Management Holding SA increased its position in Rubrik by 104.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 3,325,503 shares of the company’s stock worth $162,572,000 after buying an additional 1,696,342 shares during the period. Norges Bank bought a new position in shares of Rubrik during the 4th quarter worth about $345,907,000. Legal & General Group Plc raised its position in shares of Rubrik by 8.6% during the fourth quarter. Legal & General Group Plc now owns 1,904,810 shares of the company’s stock valued at $145,680,000 after buying an additional 151,234 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Rubrik by 11.1% in the second quarter. Assenagon Asset Management S.A. now owns 280,448 shares of the company’s stock valued at $22,514,000 after buying an additional 28,056 shares during the period. Finally, Stephens Investment Management Group LLC grew its position in Rubrik by 17.4% during the first quarter. Stephens Investment Management Group LLC now owns 699,389 shares of the company’s stock worth $34,249,000 after buying an additional 103,538 shares in the last quarter. Institutional investors own 49.54% of the company’s stock.
Trending Headlines about Rubrik
Here are the key news stories impacting Rubrik this week:
- Positive Sentiment: Rubrik unveiled Rubrik Code Guardian, a new cybersecurity offering that uses Anthropic’s Claude Mythos 5 to red-team software code and prioritize risks. The product expands Rubrik’s exposure to AI-driven security demand and could strengthen its platform positioning. Rubrik Code Guardian announcement
- Positive Sentiment: Brokerage sentiment remains broadly supportive, with Rubrik carrying a consensus “Moderate Buy” rating and an average price target of approximately $113.31. Recent bullish commentary also cited strong revenue growth, $1.66 billion in net annual recurring revenue, AI-related cybersecurity demand and projected free cash flow above $330 million. Rubrik consensus rating
- Neutral Sentiment: CFO Kiran Choudary sold 4,000 shares at an average price of $101.05 and another 6,000 shares at $107.32. Both transactions were executed under a pre-arranged Rule 10b5-1 plan, and he continued to own roughly 958,000 shares afterward, reducing the significance of the sales as a fundamental signal. CFO insider transactions
- Negative Sentiment: A bearish analyst downgraded Rubrik to “Sell,” arguing that the stock’s sharp rally has left little margin of safety. The concern is amplified by Rubrik’s high valuation and continuing GAAP losses, making the shares vulnerable to profit-taking when growth expectations are already elevated. Rubrik valuation downgrade
Wall Street Analysts Forecast Growth
RBRK has been the topic of a number of recent analyst reports. Wolfe Research restated an “outperform” rating and set a $120.00 price target on shares of Rubrik in a report on Friday, August 28th. Telsey Advisory Group set a $120.00 price objective on shares of Rubrik in a research report on Friday, August 28th. The Goldman Sachs Group reissued a “buy” rating on shares of Rubrik in a research note on Wednesday, August 19th. Wedbush initiated coverage on Rubrik in a report on Friday, September 11th. They issued an “outperform” rating and a $120.00 target price for the company. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $120.00 target price on shares of Rubrik in a research report on Friday, August 28th. Twenty-eight equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Rubrik has an average rating of “Moderate Buy” and an average target price of $113.31.
Check Out Our Latest Stock Analysis on Rubrik
Rubrik Company Profile
Rubrik, Inc is a cloud data management and cyber resilience company that helps organizations protect, manage and recover data across on-premises systems, cloud environments and software-as-a-service applications. Its platform is designed to support data backup, recovery, security monitoring and operational resilience.
The company’s principal offering, Rubrik Security Cloud, provides centralized capabilities for data protection and cyber recovery. The platform helps organizations identify sensitive data, monitor for threats, maintain secure backups and restore systems following events such as ransomware attacks, operational failures or other disruptions.
Rubrik was founded in 2014 by Bipul Sinha, Arvind Nithrakashyap and Soham Mazumdar.
Featured Stories
- Five stocks we like better than Rubrik
- J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
- 2 Stocks Breaking Out Post-FOMC With One Thing in Common
- Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump
- These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons
Receive News & Ratings for Rubrik Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rubrik and related companies with MarketBeat.com's FREE daily email newsletter.
