Key Points
- Brian McCarthy sold 10,000 Rubrik shares on Jan. 12 at an average price of $70.88 for a total of $708,800, lowering his stake by 2.93% to 330,772 shares valued at roughly $23.45 million.
- Rubrik beat quarterly expectations with $350.17 million in revenue (up 48.3% YoY) and $0.10 EPS, but issued FY2026 guidance of -0.200 to -0.160 EPS; analysts maintain a consensus "Moderate Buy" with a $112.18 price target.
Rubrik, Inc. (NYSE:RBRK - Get Free Report) insider Brian Mccarthy sold 10,000 shares of Rubrik stock in a transaction that occurred 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 owned 330,772 shares of the company's stock, valued at $23,445,119.36. This trade represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Rubrik Trading Down 1.0%
Shares of Rubrik stock opened at $70.67 on Wednesday. The firm's 50 day simple moving average is $74.98 and its two-hundred day simple moving average is $80.92. The firm has a market capitalization of $14.14 billion, a price-to-earnings ratio of -36.24 and a beta of 0.27. Rubrik, Inc. has a 12-month low of $47.35 and a 12-month high of $103.00.
Rubrik (NYSE:RBRK - Get Free Report) last announced its quarterly earnings data on Thursday, December 4th. The company reported $0.10 earnings per share 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 analysts' expectations of $320.19 million. During the same period last year, the firm earned ($0.21) earnings per share. Rubrik's quarterly 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. On average, sell-side analysts predict that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.
Hedge Funds Weigh In On Rubrik
Several institutional investors have recently made changes to their positions in the company. Allworth Financial LP lifted its stake in shares of Rubrik by 1,030.8% in 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 raised its position 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 acquiring an additional 243 shares during the period. ST Germain D J Co. Inc. acquired a new position in shares of Rubrik in the second quarter worth about $27,000. Beacon Capital Management LLC purchased a new stake in shares of Rubrik during the 2nd quarter worth about $29,000. Finally, EverSource Wealth Advisors LLC grew 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 period. 49.54% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on RBRK. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Rubrik in a report on Monday, December 29th. Guggenheim set a $110.00 price target on shares of Rubrik in a research report on Friday, December 5th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Rubrik in a research note on Friday, December 5th. Cantor Fitzgerald dropped their price objective on shares of Rubrik from $115.00 to $105.00 and set an "overweight" rating on the stock in a report on Wednesday, December 3rd. Finally, Robert W. Baird raised their target price on shares of Rubrik from $120.00 to $130.00 and gave the stock an "outperform" rating in a report on Friday, December 5th. Twenty-one investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $112.18.
View Our Latest Research Report on RBRK
Rubrik Company Profile
(
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).
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