Rubrik (NYSE:RBRK) CFO Kiran Kumar Choudary Sells 6,779 Shares

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 6,779 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $76.18, for a total transaction of $516,424.22. Following the transaction, the chief financial officer directly owned 507,959 shares of the company’s stock, valued at $38,696,316.62. This trade represents a 1.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Kiran Kumar Choudary also recently made the following trade(s):

• On Tuesday, December 9th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $91.46, for a total transaction of $320,110.00.
• On Wednesday, November 19th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $69.46, for a total value of $243,110.00.
• On Wednesday, November 5th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $72.29, for a total value of $253,015.00.
• On Wednesday, October 15th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $79.78, for a total value of $279,230.00.
• On Wednesday, October 1st, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The shares were sold at an average price of $82.68, for a total value of $289,380.00.

Rubrik Price Performance

Shares of NYSE:RBRK opened at $75.95 on Friday. The business has a 50-day moving average of $75.45 and a two-hundred day moving average of $83.04. The firm has a market capitalization of $15.20 billion, a PE ratio of -38.95 and a beta of 0.32. Rubrik, Inc. has a 12 month low of $47.35 and a 12 month high of $103.00.

Rubrik (NYSE:RBRK) last issued its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The firm had revenue of $350.17 million for the quarter, compared to analysts’ expectations of $320.19 million. The firm’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.21) EPS. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. As a group, research analysts anticipate that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Rubrik in a research report on Monday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Berenberg Bank assumed coverage on Rubrik in a research report on Tuesday, November 18th. They issued a “buy” rating and a $114.00 price objective on the stock. Citigroup decreased their target price on Rubrik from $117.00 to $115.00 and set a “buy” rating for the company in a research report on Monday, December 8th. Finally, Wall Street Zen downgraded Rubrik from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. Twenty analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $114.94.

Institutional Trading of Rubrik

A number of hedge funds and other institutional investors have recently modified their holdings of RBRK. PNC Financial Services Group Inc. acquired a new stake in Rubrik during the 1st quarter valued at approximately $30,000. Charles Schwab Investment Management Inc. raised its holdings in Rubrik by 22.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 497,719 shares of the company’s stock valued at $30,351,000 after acquiring an additional 91,138 shares in the last quarter. Invesco Ltd. acquired a new position in Rubrik during the 1st quarter worth $16,654,000. Nuveen LLC acquired a new stake in shares of Rubrik in the 1st quarter valued at about $1,713,000. Finally, HighTower Advisors LLC lifted its position in shares of Rubrik by 5.7% during the first quarter. HighTower Advisors LLC now owns 24,190 shares of the company’s stock worth $1,475,000 after purchasing an additional 1,310 shares during the last quarter. 49.54% of the stock is owned by hedge funds and other institutional investors.

Rubrik Company Profile

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.