Rubrik (NYSE:RBRK) CFO Kiran Kumar Choudary Sells 3,500 Shares of Stock

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 3,500 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $79.78, for a total transaction of $279,230.00. Following the sale, the chief financial officer directly owned 512,051 shares of the company’s stock, valued at $40,851,428.78. This represents a 0.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, October 1st, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $82.68, for a total transaction of $289,380.00.
• On Wednesday, September 17th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $74.82, for a total transaction 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.
• On Wednesday, September 3rd, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $88.26, for a total transaction of $308,910.00.
• On Wednesday, August 20th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $82.93, for a total transaction of $290,255.00.
• On Wednesday, August 6th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $88.37, for a total transaction of $309,295.00.
• On Wednesday, July 23rd, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $83.90, for a total transaction of $293,650.00.

Rubrik Stock Down 0.6%

RBRK opened at $78.59 on Friday. Rubrik, Inc. has a twelve month low of $37.38 and a twelve month high of $103.00. The company has a 50-day simple moving average of $83.99 and a 200 day simple moving average of $82.21. The stock has a market capitalization of $15.52 billion, a price-to-earnings ratio of -33.59 and a beta of 0.24.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.34) by $0.31. The firm had revenue of $309.86 million for the quarter, compared to the consensus estimate of $282.25 million. The company’s revenue for the quarter was up 44.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.40) EPS. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. Sell-side analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RBRK. Vanguard Group Inc. increased its stake in shares of Rubrik by 73.1% in the second quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock valued at $1,077,106,000 after buying an additional 5,077,513 shares during the period. Norges Bank acquired a new position in shares of Rubrik in the second quarter valued at approximately $219,132,000. First Trust Advisors LP increased its stake in shares of Rubrik by 44.8% in the second quarter. First Trust Advisors LP now owns 4,462,705 shares of the company’s stock valued at $399,814,000 after buying an additional 1,380,941 shares during the period. Acadian Asset Management LLC increased its stake in shares of Rubrik by 388.7% in the second quarter. Acadian Asset Management LLC now owns 1,555,252 shares of the company’s stock valued at $139,309,000 after buying an additional 1,237,014 shares during the period. Finally, State Street Corp increased its stake in shares of Rubrik by 139.7% in the second quarter. State Street Corp now owns 1,771,475 shares of the company’s stock valued at $158,706,000 after buying an additional 1,032,497 shares during the period. Institutional investors and hedge funds own 49.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on RBRK. Rosenblatt Securities increased their target price on shares of Rubrik from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. FBN Securities reissued an “outperform” rating on shares of Rubrik in a report on Wednesday, September 10th. Weiss Ratings reissued a “sell (d)” rating on shares of Rubrik in a report on Wednesday, October 8th. CIBC increased their target price on shares of Rubrik from $125.00 to $130.00 and gave the stock an “outperformer” rating in a report on Thursday, September 11th. Finally, KeyCorp increased their target price on shares of Rubrik from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Sixteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $108.67.

About Rubrik

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.