Rubrik (NYSE:RBRK) CTO Arvind Nithrakashyap Sells 12,820 Shares of Stock

Posted by Francis Steltz on Oct 7th, 2026

Rubrik, Inc. (NYSE:RBRK – Get Free Report) CTO Arvind Nithrakashyap sold 12,820 shares of the stock in a transaction that occurred on Wednesday, October 7th. The stock was sold at an average price of $124.14, for a total value of $1,591,474.80. Following the sale, the chief technology officer directly owned 272,538 shares in the company, valued at $33,832,867.32. This represents a 4.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Monday, October 5th, Arvind Nithrakashyap sold 12,820 shares of Rubrik stock. The stock was sold at an average price of $122.64, for a total value of $1,572,244.80.
On Thursday, September 10th, Arvind Nithrakashyap sold 12,820 shares of Rubrik stock. The shares were sold at an average price of $90.41, for a total value of $1,159,056.20.
On Tuesday, September 8th, Arvind Nithrakashyap sold 12,820 shares of Rubrik stock. The shares were sold at an average price of $91.33, for a total value of $1,170,850.60.
On Wednesday, August 5th, Arvind Nithrakashyap sold 12,820 shares of Rubrik stock. The stock was sold at an average price of $83.71, for a total value of $1,073,162.20.
On Monday, August 3rd, Arvind Nithrakashyap sold 12,820 shares of Rubrik stock. The stock was sold at an average price of $74.04, for a total value of $949,192.80.

Rubrik Stock Performance

Shares of NYSE RBRK traded down $2.04 during mid-day trading on Wednesday, reaching $123.76. The company had a trading volume of 2,356,621 shares, compared to its average volume of 3,696,619. The firm has a market cap of $25.66 billion, a price-to-earnings ratio of -98.22 and a beta of 1.12. The business’s 50-day simple moving average is $98.68 and its 200 day simple moving average is $77.14. Rubrik, Inc. has a one year low of $42.25 and a one year high of $127.90.

Rubrik (NYSE:RBRK – Get Free Report) last posted its quarterly earnings data on Thursday, August 27th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.16. The firm had revenue of $427.26 million for the quarter, compared to the consensus estimate of $396.30 million. The company’s revenue for the quarter was up 43.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.03) EPS. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. On average, sell-side analysts anticipate that Rubrik, Inc. will post -1.19 EPS for the current year.

Hedge Funds Weigh In On Rubrik

Several institutional investors and hedge funds have recently added to or reduced their stakes in RBRK. Essential Partners LLC boosted its position in Rubrik by 99.3% in the first quarter. Essential Partners LLC now owns 570 shares of the company’s stock valued at $28,000 after buying an additional 284 shares in the last quarter. Sunbelt Securities Inc. acquired a new position in shares of Rubrik during the first quarter worth $46,000. Markowski Investments acquired a new position in shares of Rubrik during the second quarter worth $48,000. EverSource Wealth Advisors LLC lifted its stake in shares of Rubrik by 256.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,476 shares of the company’s stock valued at $72,000 after acquiring an additional 1,062 shares during the last quarter. Finally, Versant Capital Management Inc lifted its stake in shares of Rubrik by 54.6% in the 2nd quarter. Versant Capital Management Inc now owns 926 shares of the company’s stock valued at $74,000 after acquiring an additional 327 shares during the last quarter. Institutional investors own 49.54% of the company’s stock.

Analyst Ratings Changes

RBRK has been the topic of several analyst reports. Mizuho increased their price target on shares of Rubrik from $90.00 to $112.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. Guggenheim boosted their price objective on shares of Rubrik from $110.00 to $116.00 and gave the company a “buy” rating in a research report on Monday, August 24th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Rubrik in a report on Wednesday, August 19th. Wedbush assumed coverage on Rubrik in a research note on Friday, September 11th. They issued an “outperform” rating and a $120.00 price target on the stock. Finally, Truist Financial boosted their price target on Rubrik from $90.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Twenty-eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Rubrik presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.42.

Check Out Our Latest Stock Report on Rubrik

Rubrik Company Profile

(Get Free Report)

Rubrik, Inc is a cybersecurity and data management company that helps organizations protect, manage and recover data across on-premises infrastructure, cloud environments and software-as-a-service applications. Its platform is designed to support data backup, recovery, security monitoring and cyber resilience.

The company’s primary offering is Rubrik Security Cloud, a cloud-delivered platform that provides data protection and security capabilities, including policy-based backup, immutable data protection, ransomware recovery, threat monitoring and centralized management.