Insider Selling: Rubrik (NYSE:RBRK) CFO Sells 20,000 Shares of Stock

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 20,000 shares of the firm’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $67.66, for a total transaction of $1,353,200.00. Following the completion of the transaction, the chief financial officer directly owned 489,959 shares in the company, valued at $33,150,625.94. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Wednesday, January 7th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $76.20, for a total transaction of $266,700.00.
• On Monday, December 22nd, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $79.25, for a total transaction of $277,375.00.
• On Wednesday, December 17th, Kiran Kumar Choudary sold 6,779 shares of Rubrik stock. The shares were sold at an average price of $76.18, for a total transaction 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 value of $320,110.00.
• On Wednesday, November 19th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was 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 stock was sold at an average price of $72.29, for a total value of $253,015.00.

Rubrik Price Performance

Shares of RBRK stock traded down $1.93 during trading hours on Friday, reaching $67.12. The company had a trading volume of 3,959,371 shares, compared to its average volume of 2,605,243. The company has a market cap of $13.43 billion, a price-to-earnings ratio of -34.42 and a beta of 0.27. Rubrik, Inc. has a 12 month low of $47.35 and a 12 month high of $103.00. The business has a fifty day simple moving average of $74.73 and a 200-day simple moving average of $80.59.

Rubrik (NYSE:RBRK) last released its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $320.19 million. The company’s quarterly revenue was up 48.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.21) earnings per share. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. On average, equities research analysts expect that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Institutional Inflows and Outflows

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

Wall Street Analyst Weigh In

A number of analysts recently commented on RBRK shares. KeyCorp decreased their price target on Rubrik from $113.00 to $95.00 and set an “overweight” rating for the company in a research report on Monday. Stephens assumed coverage on Rubrik in a research report on Monday, December 29th. They set an “overweight” rating and a $105.00 target price for the company. Piper Sandler lowered their target price on Rubrik from $118.00 to $99.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. Citigroup restated a “buy” rating on shares of Rubrik in a research report on Monday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rubrik in a research report on Monday, December 29th. Twenty-one analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $112.18.

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).