Rubrik, Inc. (NYSE:RBRK – Get Free Report) Director John Thompson sold 11,000 shares of the firm’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $117.27, for a total value of $1,289,970.00. Following the transaction, the director owned 8,362 shares in the company, valued at $980,611.74. The trade was a 56.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Wendell Thompson also recently made the following trade(s):
- On Monday, November 2nd, John Thompson sold 2,500 shares of Rubrik stock. The stock was sold at an average price of $117.27, for a total value of $293,175.00.
- On Thursday, October 1st, John Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $115.68, for a total value of $289,200.00.
- On Thursday, October 1st, John Thompson sold 11,000 shares of Rubrik stock. The stock was sold at an average price of $115.69, for a total transaction of $1,272,590.00.
- On Tuesday, September 1st, John Thompson sold 2,500 shares of Rubrik stock. The stock was sold at an average price of $89.04, for a total transaction of $222,600.00.
- On Tuesday, September 1st, John Thompson sold 11,000 shares of Rubrik stock. The shares were sold at an average price of $89.03, for a total transaction of $979,330.00.
Rubrik Price Performance
RBRK stock opened at $105.47 on Friday. The firm’s fifty day simple moving average is $111.85 and its 200-day simple moving average is $77.67. The company has a market capitalization of $21.86 billion, a P/E ratio of -83.70 and a beta of 1.08. Rubrik, Inc. has a 12 month low of $42.25 and a 12 month high of $139.92.
Rubrik (NYSE:RBRK – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.16. The business had revenue of $427.26 million during the quarter, compared to analyst estimates of $396.30 million. During the same quarter in the previous year, the company earned ($0.03) EPS. The firm’s revenue was up 43.9% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. As a group, sell-side analysts forecast that Rubrik, Inc. will post -1.19 earnings per share for the current year.
Rubrik News Summary
Here are the key news stories impacting Rubrik this week:
- Positive Sentiment: Rubrik announced that its cyber-resilience capabilities now cover enterprise unstructured data, expanding the reach of its data-protection offering. This could support customer adoption, though the reports provide no financial guidance tied to the launch. Article: Rubrik Extends Cyber Resilience Across Enterprise Unstructured Data
- Neutral Sentiment: Rubrik’s Authorized Intelligence podcast joined the N2K CyberWire network. The expanded distribution may raise awareness of Rubrik’s expertise, but the announcement does not indicate a direct effect on sales or earnings. Article: Rubrik podcast joins the N2K CyberWire network
- Negative Sentiment: Several insiders reported stock sales, including CTO Arvind Nithrakashyap (12,820 shares) and directors John Thompson (11,000 shares) and Yvonne Wassenaar (721 shares). These sales can concern investors, although the transactions were made under pre-arranged Rule 10b5-1 plans; the CTO retained a substantial stake. Article: Rubrik director stock sale
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. raised its position in shares of Rubrik by 2.4% in the third quarter. SBI Securities Co. Ltd. now owns 5,457 shares of the company’s stock worth $625,000 after acquiring an additional 128 shares during the period. V Square Quantitative Management LLC acquired a new stake in shares of Rubrik during the 3rd quarter valued at about $27,000. Motley Fool Asset Management LLC grew its position in shares of Rubrik by 8.3% during the 3rd quarter. Motley Fool Asset Management LLC now owns 3,218 shares of the company’s stock valued at $368,000 after acquiring an additional 246 shares during the period. Essential Partners LLC increased its stake in shares of Rubrik by 99.3% in the 1st quarter. Essential Partners LLC now owns 570 shares of the company’s stock valued at $28,000 after purchasing an additional 284 shares in the last quarter. Finally, Versant Capital Management Inc increased 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 purchasing an additional 327 shares in the last quarter. Hedge funds and other institutional investors own 49.54% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have weighed in on RBRK shares. Loop Capital started coverage on Rubrik in a research report on Monday, August 3rd. They set a “buy” rating and a $100.00 price target on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Rubrik in a report on Monday, August 31st. Guggenheim upped their target price on Rubrik from $110.00 to $116.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. BMO Capital Markets raised their target price on Rubrik from $98.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, August 28th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $120.00 target price on shares of Rubrik in a report on Friday, August 28th. Thirty research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $118.04.
Read Our Latest Research Report on Rubrik
Rubrik Company Profile
Rubrik, Inc is a cybersecurity and data-management company that provides organizations with tools to protect, manage and recover data across on-premises infrastructure, cloud environments and software-as-a-service applications. Its platform is designed to help businesses maintain data availability, strengthen cyber resilience and recover operations following events such as ransomware attacks, system failures or other disruptions.
The company’s Rubrik Security Cloud platform combines data backup, recovery, archival, monitoring and security capabilities.
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