Rubrik, Inc. (NYSE:RBRK - Get Free Report) Director John Wendell Thompson sold 11,000 shares of the company's stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $53.62, for a total transaction of $589,820.00. Following the transaction, the director directly owned 4,653 shares in the company, valued at approximately $249,493.86. This trade represents a 70.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
John Wendell Thompson also recently made the following trade(s):
- On Monday, March 2nd, John Wendell Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $53.55, for a total transaction of $133,875.00.
- On Monday, February 2nd, John Wendell Thompson sold 2,500 shares of Rubrik stock. The stock was sold at an average price of $55.30, for a total transaction of $138,250.00.
- On Monday, February 2nd, John Wendell Thompson sold 11,000 shares of Rubrik stock. The shares were sold at an average price of $55.29, for a total transaction of $608,190.00.
- On Monday, January 5th, John Wendell Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $73.87, for a total transaction of $184,675.00.
- On Monday, January 5th, John Wendell Thompson sold 11,000 shares of Rubrik stock. The stock was sold at an average price of $73.84, for a total value of $812,240.00.
Rubrik Price Performance
RBRK opened at $53.99 on Wednesday. Rubrik, Inc. has a 1-year low of $46.36 and a 1-year high of $103.00. The stock has a market cap of $10.81 billion, a P/E ratio of -27.69 and a beta of 0.45. The stock's 50 day simple moving average is $62.61 and its 200 day simple moving average is $73.36.
Rubrik (NYSE:RBRK - Get Free Report) last posted its earnings results on Thursday, December 4th. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.26. The firm had revenue of $350.17 million for the quarter, compared to analysts' expectations of $320.19 million. During the same quarter in the previous year, the firm posted ($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. Research analysts expect that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the stock. Stephens initiated coverage on shares of Rubrik in a research report on Monday, December 29th. They set an "overweight" rating and a $105.00 target price for the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Rubrik in a research note on Friday, December 5th. The Goldman Sachs Group reduced their target price on Rubrik from $120.00 to $80.00 and set a "buy" rating on the stock in a research note on Monday, February 9th. Wedbush reissued an "outperform" rating and set a $120.00 price target on shares of Rubrik in a research report on Friday, December 5th. Finally, Mizuho cut their price target on Rubrik from $97.00 to $80.00 and set an "outperform" rating for the company in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $102.11.
Get Our Latest Analysis on RBRK
Institutional Investors Weigh In On Rubrik
Several hedge funds have recently made changes to their positions in the business. Comerica Bank grew its position in shares of Rubrik by 209.0% in the first quarter. Comerica Bank now owns 584 shares of the company's stock valued at $36,000 after purchasing an additional 395 shares during the period. Royal Bank of Canada boosted its stake in Rubrik by 231.3% in the 1st quarter. Royal Bank of Canada now owns 29,320 shares of the company's stock worth $1,789,000 after buying an additional 20,471 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Rubrik by 31.6% in the 1st quarter. NewEdge Advisors LLC now owns 1,250 shares of the company's stock worth $76,000 after buying an additional 300 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Rubrik by 33.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 940,351 shares of the company's stock valued at $57,343,000 after buying an additional 236,181 shares during the period. Finally, Rhumbline Advisers increased its stake in shares of Rubrik by 204.1% during the 1st quarter. Rhumbline Advisers now owns 2,980 shares of the company's stock valued at $182,000 after acquiring an additional 2,000 shares during the last quarter. Institutional investors and hedge funds own 49.54% of the company's stock.
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).
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