Kiran Kumar Choudary Sells 10,000 Shares of Rubrik (NYSE:RBRK) Stock

Posted by Geri Gentry on Aug 27th, 2026

Rubrik, Inc. (NYSE:RBRK – Get Free Report) CFO Kiran Kumar Choudary sold 10,000 shares of Rubrik stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $98.32, for a total transaction of $983,200.00. Following the sale, the chief financial officer owned 978,073 shares in the company, valued at approximately $96,164,137.36. The trade was a 1.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rubrik Stock Performance

Shares of NYSE:RBRK opened at $96.37 on Thursday. The firm has a fifty day moving average price of $83.75 and a 200 day moving average price of $66.85. Rubrik, Inc. has a fifty-two week low of $42.25 and a fifty-two week high of $106.50. The firm has a market cap of $19.84 billion, a price-to-earnings ratio of -66.46 and a beta of 1.17.

Rubrik (NYSE:RBRK – Get Free Report) last posted its earnings results on Thursday, June 4th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.19. The company had revenue of $387.07 million for the quarter, compared to analysts’ expectations of $366.31 million. The business’s revenue was up 39.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.15) earnings per share. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. As a group, research analysts predict that Rubrik, Inc. will post -1.13 earnings per share for the current year.

Institutional Investors Weigh In On Rubrik

Several institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC raised its stake in Rubrik by 12.0% in the 2nd quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after acquiring an additional 150 shares during the last quarter. Atlantic Union Bankshares Corp grew its stake in Rubrik by 100.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock valued at $31,000 after purchasing an additional 200 shares during the last quarter. Creative Planning increased its holdings in shares of Rubrik by 5.3% in the second quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after purchasing an additional 236 shares during the period. Moors & Cabot Inc. increased its holdings in shares of Rubrik by 9.2% in the fourth quarter. Moors & Cabot Inc. now owns 3,337 shares of the company’s stock valued at $255,000 after purchasing an additional 282 shares during the period. Finally, Essential Partners LLC raised its stake in shares of Rubrik by 99.3% in the first quarter. Essential Partners LLC now owns 570 shares of the company’s stock worth $28,000 after purchasing an additional 284 shares during the last quarter. 49.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on RBRK. BMO Capital Markets increased their price target on Rubrik from $87.00 to $98.00 and gave the company an “outperform” rating in a research note on Friday, July 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rubrik in a report on Wednesday, June 24th. DA Davidson reiterated a “buy” rating and set a $90.00 target price (up from $70.00) on shares of Rubrik in a research report on Thursday, June 11th. Barclays boosted their price target on shares of Rubrik from $90.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Finally, Stephens reaffirmed an “overweight” rating and set a $90.00 price target on shares of Rubrik in a research note on Monday, June 15th. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $104.56.

View Our Latest Research Report on Rubrik

About Rubrik

(Get Free Report)

Rubrik, Inc is a cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance and intelligent data governance. Its flagship offering, the Rubrik Security Cloud, enables organizations to automate backup and recovery workflows across on-premises, edge and multi-cloud environments. By combining policy-driven orchestration with real-time threat detection, Rubrik helps clients guard against ransomware, ensure business continuity and enforce data retention requirements.

The company’s platform supports a range of services including backup and restore, long-term data archiving, replication, and disaster recovery as a service (DRaaS).