Rubrik, Inc. (NYSE:RBRK - Get Free Report) Director Yvonne Wassenaar sold 721 shares of Rubrik stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $75.00, for a total transaction of $54,075.00. Following the completion of the sale, the director owned 3,917 shares of the company's stock, valued at $293,775. This trade represents a 15.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Yvonne Wassenaar also recently made the following trade(s):
- On Wednesday, July 1st, Yvonne Wassenaar sold 721 shares of Rubrik stock. The stock was sold at an average price of $81.57, for a total transaction of $58,811.97.
- On Tuesday, June 23rd, Yvonne Wassenaar sold 676 shares of Rubrik stock. The shares were sold at an average price of $75.00, for a total transaction of $50,700.00.
- On Wednesday, June 3rd, Yvonne Wassenaar sold 721 shares of Rubrik stock. The stock was sold at an average price of $80.73, for a total transaction of $58,206.33.
- On Friday, May 29th, Yvonne Wassenaar sold 2,838 shares of Rubrik stock. The shares were sold at an average price of $75.00, for a total value of $212,850.00.
Rubrik Price Performance
Shares of NYSE:RBRK opened at $81.11 on Wednesday. The stock has a market capitalization of $16.69 billion, a P/E ratio of -55.94 and a beta of 1.17. The business has a 50-day moving average of $76.35 and a two-hundred day moving average of $62.86. Rubrik, Inc. has a fifty-two week low of $42.25 and a fifty-two week high of $99.75.
Rubrik (NYSE:RBRK - Get Free Report) last issued its quarterly earnings data on Thursday, June 4th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.19. The company had revenue of $387.07 million during the quarter, compared to the consensus estimate of $366.31 million. During the same period in the previous year, the business posted ($0.15) earnings per share. The firm's revenue was up 39.0% on a year-over-year basis. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. As a group, research analysts expect that Rubrik, Inc. will post -1.16 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts recently commented on RBRK shares. Scotiabank reiterated an "outperform" rating on shares of Rubrik in a report on Friday, June 5th. Wolfe Research restated an "outperform" rating and issued a $95.00 price objective on shares of Rubrik in a research note on Friday, June 5th. Wedbush restated an "outperform" rating and set a $90.00 price target on shares of Rubrik in a research note on Thursday, June 11th. Citigroup increased their price target on shares of Rubrik from $88.00 to $96.00 and gave the stock a "buy" rating in a research report on Friday, June 5th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Rubrik in a research note on Friday, June 26th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $94.20.
View Our Latest Analysis on Rubrik
Institutional Investors Weigh In On Rubrik
A number of hedge funds and other institutional investors have recently bought and sold shares of RBRK. Comerica Bank boosted its stake in Rubrik by 209.0% in the first quarter. Comerica Bank now owns 584 shares of the company's stock worth $36,000 after purchasing an additional 395 shares in the last quarter. Royal Bank of Canada lifted its position in Rubrik by 231.3% during 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 in the last quarter. NewEdge Advisors LLC grew its holdings in Rubrik by 31.6% during the 1st quarter. NewEdge Advisors LLC now owns 1,250 shares of the company's stock worth $76,000 after acquiring an additional 300 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Rubrik by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 940,351 shares of the company's stock worth $57,343,000 after acquiring an additional 236,181 shares during the last quarter. Finally, Rhumbline Advisers increased its position in Rubrik by 204.1% in 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 in the last quarter. 49.54% of the stock is owned by institutional investors and hedge funds.
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).
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
