Rubrik (NYSE:RBRK) Insider Brian Mccarthy Sells 10,000 Shares of Stock

Rubrik, Inc. (NYSE:RBRK) insider Brian Mccarthy sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $75.90, for a total transaction of $759,000.00. Following the sale, the insider directly owned 349,319 shares in the company, valued at $26,513,312.10. The trade was a 2.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rubrik Price Performance

RBRK opened at $73.90 on Thursday. The firm has a fifty day moving average price of $79.46 and a 200 day moving average price of $84.52. Rubrik, Inc. has a 1 year low of $42.01 and a 1 year high of $103.00. The stock has a market cap of $14.59 billion, a P/E ratio of -31.58 and a beta of 0.20.

Rubrik (NYSE:RBRK) last released its quarterly earnings results on Tuesday, September 9th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.34) by $0.31. The firm had revenue of $309.86 million for the quarter, compared to analyst estimates of $282.25 million. During the same quarter in the prior year, the business posted ($0.40) EPS. The firm’s quarterly revenue was up 44.9% compared to the same quarter last year. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. Equities analysts expect that Rubrik, Inc. will post -7.66 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of Rubrik in a research note on Wednesday, October 8th. Barclays boosted their price objective on Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. KeyCorp upped their target price on Rubrik from $113.00 to $117.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. FBN Securities reiterated an “outperform” rating on shares of Rubrik in a research report on Wednesday, September 10th. Finally, CIBC lifted their price target on shares of Rubrik from $125.00 to $130.00 and gave the company an “outperformer” rating in a research note on Thursday, September 11th. Sixteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $108.67.

Institutional Trading of Rubrik

Institutional investors have recently made changes to their positions in the company. First Trust Advisors LP increased its position in shares of Rubrik by 10.9% during the third quarter. First Trust Advisors LP now owns 4,947,785 shares of the company’s stock worth $406,955,000 after purchasing an additional 485,080 shares in the last quarter. Neuberger Berman Group LLC boosted its stake in Rubrik by 1,669.0% during the 3rd quarter. Neuberger Berman Group LLC now owns 589,208 shares of the company’s stock worth $48,462,000 after purchasing an additional 555,900 shares during the last quarter. Barclays PLC boosted its stake in Rubrik by 660.3% during the 3rd quarter. Barclays PLC now owns 346,262 shares of the company’s stock worth $28,480,000 after purchasing an additional 300,718 shares during the last quarter. NewSquare Capital LLC purchased a new stake in shares of Rubrik during the third quarter worth $6,418,000. Finally, ARK Investment Management LLC raised its position in shares of Rubrik by 21.1% in the third quarter. ARK Investment Management LLC now owns 319,112 shares of the company’s stock valued at $26,247,000 after buying an additional 55,500 shares during the last quarter. 49.54% of the stock is owned by institutional investors and hedge funds.

About Rubrik

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.