Key Points
- Rubrik CFO Kiran Choudary sold 6,000 shares at an average price of $107.32, generating $643,920. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, and he retained 958,078 shares afterward.
- Rubrik reported quarterly revenue of $427.26 million, up 43.9% year over year, and earnings per share of $0.20, beating analysts’ estimate of $0.04.
- Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $113.31, although one bearish analyst cited valuation concerns and issued a “Sell” rating.
Rubrik, Inc. (NYSE:RBRK - Get Free Report) CFO Kiran Choudary sold 4,000 shares of the company's stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $101.05, for a total transaction of $404,200.00. Following the completion of the transaction, the chief financial officer directly owned 978,073 shares in the company, valued at approximately $98,834,276.65. The trade was a 0.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kiran Kumar Choudary also recently made the following trade(s):
- On Thursday, September 17th, Kiran Choudary sold 6,000 shares of Rubrik stock. The shares were sold at an average price of $107.32, for a total value of $643,920.00.
- On Monday, August 24th, Kiran Choudary sold 10,000 shares of Rubrik stock. The stock was sold at an average price of $98.32, for a total value of $983,200.00.
Rubrik Stock Up 2.9%
NYSE:RBRK opened at $108.05 on Friday. The business's 50-day moving average price is $89.07 and its two-hundred day moving average price is $71.60. Rubrik, Inc. has a twelve month low of $42.25 and a twelve month high of $108.97. The stock has a market cap of $22.40 billion, a P/E ratio of -85.75 and a beta of 1.24.
Rubrik (NYSE:RBRK - Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.04 by $0.16. The business had revenue of $427.26 million for the quarter, compared to analysts' expectations of $396.30 million. During the same period in the previous year, the firm posted ($0.03) EPS. The firm's revenue for the quarter was up 43.9% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. On average, equities research analysts expect that Rubrik, Inc. will post -1.19 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on RBRK shares. Loop Capital assumed coverage on shares of Rubrik in a report on Monday, August 3rd. They issued a "buy" rating and a $100.00 price target on the stock. Wedbush started coverage on shares of Rubrik in a research report on Friday, September 11th. They issued an "outperform" rating and a $120.00 target price for the company. Wells Fargo & Company increased their target price on Rubrik from $90.00 to $120.00 and gave the company an "overweight" rating in a research note on Tuesday, August 25th. Telsey Advisory Group set a $120.00 price target on Rubrik in a research report on Friday, August 28th. Finally, Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Rubrik in a research note on Monday, August 31st. Twenty-eight research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $113.31.
View Our Latest Stock Analysis on RBRK
Rubrik News Roundup
Here are the key news stories impacting Rubrik this week:
- Positive Sentiment: Rubrik unveiled Rubrik Code Guardian, a cybersecurity tool that uses Anthropic’s Claude Mythos 5 to red-team software code and prioritize cyber risks. The product expands Rubrik’s exposure to AI-driven security needs and could strengthen its platform and competitive positioning. Rubrik Unveils Rubrik Code Guardian
- Positive Sentiment: Brokerages maintain a consensus “Moderate Buy” rating, indicating that sell-side analysts generally continue to see upside despite the stock’s recent rally. Rubrik Receives Moderate Buy Rating
- Positive Sentiment: A recent bullish analysis points to 38% fiscal second-quarter revenue growth, $1.66 billion in net annual recurring revenue, partnerships, product innovation and rising demand for protection against AI-related threats. The company’s approximately $600 million of net cash and projected free cash flow above $330 million also support the investment case. Rubrik Right Place, Right Time
- Neutral Sentiment: CFO Kiran Choudary sold 10,000 shares for roughly $1.05 million across September 15 and 17 transactions. Both sales were conducted under a pre-arranged Rule 10b5-1 plan, and he still owned approximately 958,000 shares afterward, limiting the signal’s significance.
- Negative Sentiment: A bearish analyst downgraded Rubrik to “Sell,” arguing that the stock’s rapid appreciation has left little margin of safety. Valuation concerns are particularly relevant as Rubrik remains unprofitable on a trailing basis and trades at a substantial premium to historical levels. Rubrik Downgraded to Sell
Institutional Investors Weigh In On Rubrik
A number of institutional investors have recently made changes to their positions in RBRK. Essential Partners LLC raised its position in Rubrik by 99.3% in the 1st quarter. Essential Partners LLC now owns 570 shares of the company's stock worth $28,000 after purchasing an additional 284 shares during the period. Markowski Investments bought a new stake in Rubrik in the second quarter worth $48,000. Versant Capital Management Inc boosted its position in Rubrik by 54.6% during the second quarter. Versant Capital Management Inc now owns 926 shares of the company's stock valued at $74,000 after buying an additional 327 shares during the period. Sunbelt Securities Inc. bought a new position in shares of Rubrik during the first quarter valued at about $46,000. Finally, CX Institutional grew its stake in shares of Rubrik by 329.9% during the second quarter. CX Institutional now owns 1,393 shares of the company's stock valued at $112,000 after buying an additional 1,069 shares during the last quarter. Hedge funds and other institutional investors own 49.54% of the company's stock.
About Rubrik
(
Get Free Report)
Rubrik, Inc is a cloud data management and cyber resilience company that helps organizations protect, manage and recover data across on-premises systems, cloud environments and software-as-a-service applications. Its platform is designed to support data backup, recovery, security monitoring and operational resilience.
The company's principal offering, Rubrik Security Cloud, provides centralized capabilities for data protection and cyber recovery. The platform helps organizations identify sensitive data, monitor for threats, maintain secure backups and restore systems following events such as ransomware attacks, operational failures or other disruptions.
Rubrik was founded in 2014 by Bipul Sinha, Arvind Nithrakashyap and Soham Mazumdar.
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