Key Points
- CFO Kiran Kumar Choudary sold 20,000 Rubrik shares on April 7 at an average price of $51.69 for $1.0338M under a pre‑arranged Rule 10b5‑1 plan, reducing his stake to 549,901 shares (a 3.51% ownership decrease).
- The April sale follows several large insider disposals this year, including 122,613 shares on March 24 (~$5.91M), plus additional sales on Feb. 18 and Jan. 16, signaling sustained insider selling activity.
- Rubrik reported a quarterly beat (EPS $0.04 vs. -$0.11 est.; revenue $377.7M, +46.3% YoY) but the stock trades below its 200‑day moving average and analysts have trimmed several price targets, leaving an average target of $89.10.
Rubrik, Inc. (NYSE:RBRK - Get Free Report) CFO Kiran Kumar Choudary sold 20,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $51.69, for a total transaction of $1,033,800.00. Following the transaction, the chief financial officer directly owned 549,901 shares in the company, valued at $28,424,382.69. This represents a 3.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kiran Kumar Choudary also recently made the following trade(s):
- On Tuesday, March 24th, Kiran Kumar Choudary sold 122,613 shares of Rubrik stock. The stock was sold at an average price of $48.20, for a total transaction of $5,909,946.60.
- 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 transaction of $1,353,200.00.
Rubrik Trading Down 2.1%
Shares of RBRK opened at $51.68 on Thursday. The firm's 50 day moving average is $52.37 and its 200-day moving average is $67.38. The stock has a market capitalization of $10.45 billion, a PE ratio of -29.19 and a beta of 0.63. 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 announced its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.15. The firm had revenue of $377.68 million during the quarter, compared to the consensus estimate of $342.43 million. The business's revenue was up 46.3% compared to the same quarter last year. During the same period last year, the business earned ($0.18) earnings per share. Rubrik has set its Q1 2027 guidance at -0.040--0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. Equities research analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of research analysts recently issued reports on RBRK shares. Piper Sandler reissued an "overweight" rating and issued a $84.00 price objective (down from $99.00) on shares of Rubrik in a research note on Friday, March 13th. Stephens started coverage on shares of Rubrik in a research note on Monday, December 29th. They issued an "overweight" rating and a $105.00 price objective on the stock. Wedbush decreased their price objective on shares of Rubrik from $120.00 to $90.00 and set an "outperform" rating on the stock in a research note on Friday, March 13th. Citigroup decreased their price objective on shares of Rubrik from $115.00 to $88.00 and set a "buy" rating on the stock in a research note on Monday, March 16th. Finally, Robert W. Baird decreased their price objective on shares of Rubrik from $125.00 to $110.00 and set an "outperform" rating on the stock in a research note on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $89.10.
Read Our Latest Research Report on RBRK
Institutional Trading of Rubrik
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Rubrik by 12.9% during the fourth quarter. Vanguard Group Inc. now owns 14,694,503 shares of the company's stock worth $1,123,836,000 after buying an additional 1,678,255 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Rubrik by 42.8% during the fourth quarter. First Trust Advisors LP now owns 7,064,057 shares of the company's stock worth $540,259,000 after buying an additional 2,116,272 shares during the last quarter. Norges Bank bought a new stake in shares of Rubrik during the fourth quarter worth $345,907,000. Voya Investment Management LLC grew its stake in shares of Rubrik by 18.0% during the third quarter. Voya Investment Management LLC now owns 3,569,026 shares of the company's stock worth $293,552,000 after buying an additional 543,855 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Rubrik by 7.6% during the fourth quarter. Geode Capital Management LLC now owns 2,528,649 shares of the company's stock worth $193,433,000 after buying an additional 178,714 shares during the last quarter. 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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