Rubrik (NYSE:RBRK) Director Mark Mclaughlin Acquires 10,638 Shares

Rubrik, Inc. (NYSE:RBRK) Director Mark Mclaughlin acquired 10,638 shares of Rubrik stock in a transaction on Monday, March 30th. The shares were bought at an average price of $47.21 per share, with a total value of $502,219.98. Following the completion of the transaction, the director directly owned 13,639 shares of the company’s stock, valued at $643,897.19. This trade represents a 354.48% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Rubrik Stock Up 4.9%

Shares of NYSE RBRK traded up $2.36 during trading on Thursday, hitting $50.95. The company had a trading volume of 1,529,276 shares, compared to its average volume of 4,053,141. The firm has a market capitalization of $10.31 billion, a price-to-earnings ratio of -28.79 and a beta of 0.63. The stock has a fifty day simple moving average of $53.70 and a two-hundred day simple moving average of $68.25. Rubrik, Inc. has a fifty-two week low of $44.75 and a fifty-two week high of $103.00.

Rubrik (NYSE:RBRK) last released its quarterly earnings results on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.15. The company had revenue of $377.68 million for the quarter, compared to analyst estimates of $342.43 million. The firm’s revenue for the quarter was up 46.3% on a year-over-year basis. During the same quarter last year, the company earned ($0.18) EPS. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. On average, analysts anticipate that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Bogart Wealth LLC lifted its stake in Rubrik by 352.2% during the third quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after purchasing an additional 243 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of 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 period. Financial Life Planners purchased a new stake in shares of Rubrik in the 3rd quarter valued at $31,000. Atlantic Union Bankshares Corp lifted its stake in Rubrik by 100.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after acquiring an additional 200 shares in the last quarter. Finally, Guerra Advisors Inc purchased a new position in Rubrik during the 3rd quarter valued at about $33,000. Institutional investors and hedge funds own 49.54% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on RBRK shares. KeyCorp decreased their target price on Rubrik from $95.00 to $80.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 17th. Wells Fargo & Company reduced their price objective on Rubrik from $125.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Barclays decreased their price objective on Rubrik from $100.00 to $70.00 and set an “overweight” rating on the stock in a report on Tuesday, March 3rd. Cantor Fitzgerald dropped their target price on shares of Rubrik from $105.00 to $85.00 and set an “overweight” rating for the company in a report on Monday, March 9th. Finally, Truist Financial reduced their target price on shares of Rubrik from $110.00 to $80.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Rubrik presently has a consensus rating of “Moderate Buy” and an average price target of $89.10.

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).