Rubrik (NYSE:RBRK) Insider Brian Mccarthy Sells 10,000 Shares

Rubrik, Inc. (NYSE:RBRK) insider Brian Mccarthy sold 10,000 shares of the firm’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $70.88, for a total transaction of $708,800.00. Following the completion of the sale, the insider directly owned 330,772 shares in the company, valued at approximately $23,445,119.36. This trade represents a 2.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Rubrik Trading Down 1.0%

Shares of RBRK stock traded down $0.70 during mid-day trading on Tuesday, reaching $70.67. The stock had a trading volume of 2,630,562 shares, compared to its average volume of 2,857,364. The firm has a market capitalization of $14.14 billion, a PE ratio of -36.24 and a beta of 0.27. The stock’s 50-day moving average price is $75.02 and its two-hundred day moving average price is $81.04. Rubrik, Inc. has a 52-week low of $47.35 and a 52-week high of $103.00.

Rubrik (NYSE:RBRK) last posted its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.26. The business had revenue of $350.17 million during the quarter, compared to the consensus estimate of $320.19 million. During the same period in the previous year, the business earned ($0.21) earnings per share. The firm’s revenue for the quarter 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. On average, equities research analysts forecast that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Institutional Trading of Rubrik

Hedge funds have recently bought and sold shares of the company. Allworth Financial LP grew its stake in shares of Rubrik by 1,030.8% during the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock valued at $26,000 after purchasing an additional 268 shares during the period. Bogart Wealth LLC boosted its holdings in shares of Rubrik by 352.2% in the third quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after buying an additional 243 shares during the last quarter. ST Germain D J Co. Inc. purchased a new position in shares of Rubrik in the second quarter worth approximately $27,000. Beacon Capital Management LLC bought a new stake 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 valued at $30,000 after buying an additional 340 shares during the last quarter. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Citigroup reiterated a “buy” rating on shares of Rubrik in a research note on Monday. BMO Capital Markets decreased their price objective on shares of Rubrik from $110.00 to $105.00 and set an “outperform” rating for the company in a report on Friday, December 5th. UBS Group reiterated a “buy” rating on shares of Rubrik in a research note on Friday, December 5th. KeyCorp decreased their price target on Rubrik from $113.00 to $95.00 and set an “overweight” rating for the company in a research note on Monday. Finally, Berenberg Bank assumed coverage on Rubrik in a research report on Tuesday, November 18th. They set a “buy” rating and a $114.00 price objective on the stock. Twenty-one equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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).