Rubrik (NYSE:RBRK) CTO Arvind Nithrakashyap Sells 1,045 Shares

Rubrik, Inc. (NYSE:RBRK) CTO Arvind Nithrakashyap sold 1,045 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $70.05, for a total value of $73,202.25. Following the completion of the transaction, the chief technology officer directly owned 341,658 shares of the company’s stock, valued at approximately $23,933,142.90. This trade represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, January 15th, Arvind Nithrakashyap sold 4,648 shares of Rubrik stock. The shares were sold at an average price of $70.40, for a total value of $327,219.20.
• On Wednesday, December 17th, Arvind Nithrakashyap sold 31,450 shares of Rubrik stock. The stock was sold at an average price of $76.19, for a total value of $2,396,175.50.

Rubrik Stock Performance

Rubrik stock traded down $1.93 during trading on Friday, reaching $67.12. The company had a trading volume of 3,959,371 shares, compared to its average volume of 2,605,243. The firm has a market capitalization of $13.43 billion, a price-to-earnings ratio of -34.42 and a beta of 0.27. The stock’s 50 day moving average price is $74.73 and its two-hundred day moving average price is $80.59. Rubrik, Inc. has a 12-month low of $47.35 and a 12-month high of $103.00.

Rubrik (NYSE:RBRK) last issued its quarterly earnings data on Thursday, December 4th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The company had revenue of $350.17 million for the quarter, compared to analyst estimates of $320.19 million. The company’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($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 expect that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on RBRK shares. Citigroup reaffirmed a “buy” rating on shares of Rubrik in a report on Monday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rubrik in a report on Monday, December 29th. William Blair upgraded shares of Rubrik from a “market perform” rating to an “outperform” rating in a research note on Friday, December 5th. Robert W. Baird lifted their target price on Rubrik from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. Finally, Mizuho raised Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 target price for the company in a report on Monday, November 17th. Twenty-one research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $112.18.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of RBRK. Allworth Financial LP grew its position in Rubrik by 1,030.8% in the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock valued at $26,000 after buying an additional 268 shares in the last quarter. Bogart Wealth LLC boosted its holdings in shares of Rubrik by 352.2% in the third quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock valued at $26,000 after acquiring an additional 243 shares in the last quarter. ST Germain D J Co. Inc. bought a new stake in Rubrik during the second quarter worth approximately $27,000. Beacon Capital Management LLC bought a new stake in Rubrik during the second quarter worth approximately $29,000. Finally, EverSource Wealth Advisors LLC lifted its position in Rubrik by 1,360.0% in the third quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company’s stock worth $30,000 after purchasing an additional 340 shares during the period. Institutional investors 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).