Arvind Nithrakashyap Sells 12,820 Shares of Rubrik (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRK) CTO Arvind Nithrakashyap sold 12,820 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $82.16, for a total transaction of $1,053,291.20. Following the completion of the sale, the chief technology officer owned 314,048 shares of the company’s stock, valued at approximately $25,802,183.68. This trade represents a 3.92% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Arvind Nithrakashyap also recently made the following trade(s):

• On Monday, June 1st, Arvind Nithrakashyap sold 199,447 shares of Rubrik stock. The shares were sold at an average price of $84.28, for a total transaction of $16,809,393.16.

Rubrik Stock Performance

Shares of NYSE:RBRK opened at $77.02 on Friday. The company has a market cap of $15.58 billion, a PE ratio of -43.52 and a beta of 1.10. Rubrik, Inc. has a 52 week low of $42.25 and a 52 week high of $103.00. The firm has a 50 day simple moving average of $58.27 and a 200 day simple moving average of $62.54.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Thursday, June 4th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.19. The firm had revenue of $387.07 million during the quarter, compared to analysts’ expectations of $366.28 million. The firm’s revenue was up 39.0% compared to the same quarter last year. During the same quarter last year, the company posted ($0.15) EPS. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. On average, equities analysts predict that Rubrik, Inc. will post -1.45 earnings per share for the current year.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik beat Q1 fiscal 2027 expectations, posting EPS of $0.16 versus a loss estimate of $0.03 and revenue of $387.1 million versus $366.3 million expected, showing continued demand for its cybersecurity and data protection platform. Article Title
• Positive Sentiment: Management also raised guidance, with Q2 FY2027 EPS guidance of $0.03 to $0.05 and revenue guidance of $395 million to $397 million, both above Wall Street expectations, signaling confidence in the company’s growth trajectory. Article Title
• Positive Sentiment: Rubrik said it gained early access to Anthropic’s Mythos Research Preview, which could strengthen its AI-driven cyber resilience offerings and support the long-term investment case. Article Title
• Neutral Sentiment: Analyst commentary remains broadly constructive, with Wall Street still carrying a Moderate Buy consensus, but the stock’s valuation has already moved up significantly ahead of earnings. Article Title
• Negative Sentiment: Shares fell after the report as investors appeared to lock in gains following Rubrik’s strong rally, suggesting the market may have already priced in some of the upbeat results and guidance. Article Title
• Negative Sentiment: Recent insider sales by the CTO and multiple directors may be weighing on sentiment, even though the transactions were made under pre-arranged trading plans. Article Title

Analysts Set New Price Targets

A number of research firms have issued reports on RBRK. Robert W. Baird cut their target price on shares of Rubrik from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Friday, March 6th. Barclays cut their target price on shares of Rubrik from $100.00 to $70.00 and set an “overweight” rating for the company in a research report on Tuesday, March 3rd. Rosenblatt Securities reiterated a “buy” rating and issued a $90.00 target price on shares of Rubrik in a research report on Monday. BTIG Research increased their target price on shares of Rubrik from $64.00 to $76.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, Wells Fargo & Company cut their target price on shares of Rubrik from $125.00 to $90.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Rubrik has an average rating of “Moderate Buy” and a consensus price target of $85.12.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Essential Partners LLC increased its stake in shares of Rubrik by 99.3% during 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 last quarter. EverSource Wealth Advisors LLC grew its stake in Rubrik by 1,360.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company’s stock valued at $30,000 after buying an additional 340 shares during the last quarter. Financial Life Planners acquired a new position in Rubrik in the 3rd quarter valued at $31,000. Atlantic Union Bankshares Corp grew its stake in Rubrik by 100.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock valued at $31,000 after buying an additional 200 shares during the last quarter. Finally, Guerra Advisors Inc acquired a new position in Rubrik in the 3rd quarter valued at $33,000. Institutional investors and hedge funds own 49.54% of the company’s stock.

About Rubrik

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).