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

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $79.25, for a total transaction of $277,375.00. Following the completion of the transaction, the chief financial officer owned 506,459 shares in the company, valued at $40,136,875.75. The trade was a 0.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Wednesday, December 17th, Kiran Kumar Choudary sold 6,779 shares of Rubrik stock. The stock was sold at an average price of $76.18, for a total value of $516,424.22.
• On Tuesday, December 9th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $91.46, for a total transaction of $320,110.00.
• On Wednesday, November 19th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $69.46, for a total value of $243,110.00.
• On Wednesday, November 5th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $72.29, for a total value of $253,015.00.
• On Wednesday, October 15th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $79.78, for a total value of $279,230.00.
• On Wednesday, October 1st, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $82.68, for a total value of $289,380.00.

Rubrik Stock Performance

Shares of NYSE:RBRK traded down $0.87 during trading hours on Tuesday, hitting $78.84. The stock had a trading volume of 1,823,913 shares, compared to its average volume of 3,286,410. Rubrik, Inc. has a 1-year low of $47.35 and a 1-year high of $103.00. The stock’s fifty day simple moving average is $75.28 and its 200 day simple moving average is $82.54. The firm has a market capitalization of $15.78 billion, a price-to-earnings ratio of -40.43 and a beta of 0.33.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Thursday, December 4th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.26. The company had revenue of $350.17 million for the quarter, compared to analyst estimates of $320.19 million. During the same quarter in the prior year, the business earned ($0.21) EPS. Rubrik’s revenue was up 48.3% compared to the same quarter last year. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. As a group, research analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on RBRK. BMO Capital Markets decreased their target price on Rubrik from $110.00 to $105.00 and set an “outperform” rating for the company in a research report on Friday, December 5th. FBN Securities reissued an “outperform” rating on shares of Rubrik in a research report on Wednesday, September 10th. Oppenheimer initiated coverage on Rubrik in a report on Monday, November 17th. They issued a “market perform” rating on the stock. Berenberg Bank initiated coverage on shares of Rubrik in a research note on Tuesday, November 18th. They set a “buy” rating and a $114.00 price target on the stock. Finally, Barclays lifted their price objective on shares of Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Twenty research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Rubrik currently has a consensus rating of “Moderate Buy” and an average price target of $114.94.

Institutional Trading of Rubrik

A number of large investors have recently bought and sold shares of the stock. Allworth Financial LP boosted its stake in Rubrik by 1,030.8% in the second quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after purchasing an additional 268 shares in the last quarter. Bogart Wealth LLC lifted its stake in Rubrik by 352.2% in the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock valued at $26,000 after acquiring an additional 243 shares in the last quarter. ST Germain D J Co. Inc. bought a new stake in Rubrik during the 2nd quarter worth about $27,000. Beacon Capital Management LLC acquired a new position in Rubrik during the second quarter valued at approximately $29,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Rubrik by 1,360.0% during the third quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company’s stock worth $30,000 after buying an additional 340 shares during the last quarter. 49.54% of the stock is currently owned by institutional investors.

Rubrik Company Profile

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).