Key Points
- Kiran Kumar Choudary, Rubrik's CFO, sold 122,613 shares on March 24 at an average price of $48.20 for about $5.91M, cutting his position by 17.83% to 564,901 shares (worth ≈$27.23M).
- Rubrik beat the quarter, reporting $0.04 EPS versus a -$0.11 estimate and revenue of $377.68M (up 46.3% YoY), and provided Q1 2027 guidance of -0.040 to -0.020 EPS and FY2027 guidance of 0.070–0.270 EPS.
- Shares opened at $45.74 (down ~3.9%), with a 50‑day/200‑day moving average of $54.77/$68.88 and a market cap of ~$9.16B; consensus from analysts is a Moderate Buy with an average target of $89.10.
Rubrik, Inc. (NYSE:RBRK - Get Free Report) CFO Kiran Kumar Choudary sold 122,613 shares of the stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $48.20, for a total transaction of $5,909,946.60. Following the completion of the sale, the chief financial officer owned 564,901 shares of the company's stock, valued at approximately $27,228,228.20. This trade represents a 17.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Kiran Kumar Choudary also recently made the following trade(s):
- On Wednesday, February 18th, Kiran Kumar Choudary sold 20,000 shares of Rubrik stock. The stock was sold at an average price of $54.17, for a total transaction of $1,083,400.00.
- On Friday, January 16th, Kiran Kumar Choudary sold 20,000 shares of Rubrik stock. The stock was sold at an average price of $67.66, for a total value of $1,353,200.00.
- On Wednesday, January 7th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $76.20, for a total value of $266,700.00.
Rubrik Trading Down 3.9%
Shares of RBRK opened at $45.74 on Friday. The stock has a 50 day moving average of $54.77 and a 200 day moving average of $68.88. The company has a market capitalization of $9.16 billion, a price-to-earnings ratio of -25.84 and a beta of 0.45. Rubrik, Inc. has a 12 month low of $44.75 and a 12 month high of $103.00.
Rubrik (NYSE:RBRK - Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million during the quarter, compared to analysts' expectations of $342.43 million. The firm's revenue for the quarter was up 46.3% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.18) EPS. Rubrik has set its Q1 2027 guidance at -0.040--0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. As a group, equities research analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research firms recently weighed in on RBRK. Canadian Imperial Bank of Commerce restated an "outperform" rating and set a $110.00 price target on shares of Rubrik in a research report on Monday, March 16th. Rosenblatt Securities dropped their target price on shares of Rubrik from $120.00 to $95.00 and set a "buy" rating on the stock in a research note on Monday, March 9th. KeyCorp lowered their price target on shares of Rubrik from $95.00 to $80.00 and set an "overweight" rating on the stock in a report on Tuesday, February 17th. The Goldman Sachs Group dropped their price objective on Rubrik from $120.00 to $80.00 and set a "buy" rating on the stock in a research note on Monday, February 9th. Finally, Barclays reduced their price objective on Rubrik from $100.00 to $70.00 and set an "overweight" rating for the company in a report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $89.10.
View Our Latest Research Report on Rubrik
Institutional Investors Weigh In On Rubrik
Several institutional investors have recently made changes to their positions in the stock. Strs Ohio increased its position in shares of Rubrik by 90.8% during the third quarter. Strs Ohio now owns 62,300 shares of the company's stock valued at $5,124,000 after buying an additional 29,649 shares during the period. WCM Investment Management LLC bought a new position in shares of Rubrik in the third quarter valued at approximately $4,717,000. ARK Investment Management LLC boosted its position in shares of Rubrik by 21.1% in the third quarter. ARK Investment Management LLC now owns 319,112 shares of the company's stock valued at $26,247,000 after acquiring an additional 55,500 shares during the period. Citigroup Inc. grew its stake in Rubrik by 210.2% during the third quarter. Citigroup Inc. now owns 104,041 shares of the company's stock valued at $8,557,000 after acquiring an additional 70,504 shares in the last quarter. Finally, TD Waterhouse Canada Inc. grew its stake in Rubrik by 471.4% during the third quarter. TD Waterhouse Canada Inc. now owns 50,614 shares of the company's stock valued at $4,181,000 after acquiring an additional 41,756 shares in the last quarter. Hedge funds and other institutional investors own 49.54% of the company's stock.
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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