Rubrik (NYSE:RBRK) CFO Sells $289,380.00 in Stock

Key Points

• Rubrik CFO Kiran Kumar Choudary sold 3,500 shares of the company's stock for $289,380 on October 1st, reducing his ownership by 0.68% to 513,551 shares valued at approximately $42.46 million.
• Rubrik's stock price saw a 2.0% increase on October 2nd, reaching $84.09, with a market capitalization of $16.60 billion.
• The company reported a revenue increase of 44.9% year-over-year in its latest quarterly earnings, surpassing analyst estimates and guiding for future losses between -$0.500 and -$0.440 EPS for FY 2026.

Rubrik, Inc. (NYSE:RBRK - Get Free Report) CFO Kiran Kumar Choudary sold 3,500 shares of Rubrik stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $82.68, for a total value of $289,380.00. Following the transaction, the chief financial officer owned 513,551 shares of the company's stock, valued at $42,460,396.68. This represents a 0.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, September 17th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $74.82, for a total value of $261,870.00.
• On Tuesday, September 16th, Kiran Kumar Choudary sold 6,599 shares of Rubrik stock. The stock was sold at an average price of $74.21, for a total value of $489,711.79.
• On Wednesday, September 3rd, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $88.26, for a total value of $308,910.00.
• On Wednesday, August 20th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $82.93, for a total value of $290,255.00.
• On Wednesday, August 6th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $88.37, for a total value of $309,295.00.
• On Wednesday, July 23rd, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $83.90, for a total value of $293,650.00.
• On Wednesday, July 9th, Kiran Kumar Choudary sold 3,500 shares of Rubrik stock. The stock was sold at an average price of $87.54, for a total value of $306,390.00.

Rubrik Stock Up 2.0%

Shares of Rubrik stock traded up $1.66 during trading on Thursday, hitting $84.09. 2,781,719 shares of the company were exchanged, compared to its average volume of 3,272,966. Rubrik, Inc. has a fifty-two week low of $31.01 and a fifty-two week high of $103.00. The stock has a market capitalization of $16.60 billion, a price-to-earnings ratio of -35.93 and a beta of 0.25. The firm has a 50 day moving average price of $85.73 and a 200 day moving average price of $81.21.

Rubrik (NYSE:RBRK - Get Free Report) last issued its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.34) by $0.31. The company had revenue of $309.86 million for the quarter, compared to analyst estimates of $282.25 million. The company's revenue for the quarter was up 44.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.40) earnings per share. Rubrik has set its Q3 2026 guidance at -0.180--0.160 EPS. FY 2026 guidance at -0.500--0.440 EPS. Analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Institutional Trading of Rubrik

A number of institutional investors have recently added to or reduced their stakes in RBRK. California State Teachers Retirement System boosted its position in Rubrik by 22.1% during the 4th quarter. California State Teachers Retirement System now owns 56,279 shares of the company's stock worth $3,678,000 after purchasing an additional 10,191 shares during the period. Rhumbline Advisers boosted its position in Rubrik by 204.1% during the 1st quarter. Rhumbline Advisers now owns 2,980 shares of the company's stock worth $182,000 after purchasing an additional 2,000 shares during the period. Stablepoint Partners LLC boosted its position in Rubrik by 45.9% during the 1st quarter. Stablepoint Partners LLC now owns 17,595 shares of the company's stock worth $1,073,000 after purchasing an additional 5,533 shares during the period. SG Americas Securities LLC purchased a new stake in Rubrik during the 1st quarter worth $820,000. Finally, Pursue Wealth Partners LLC purchased a new stake in Rubrik during the 1st quarter worth $2,313,000. 49.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on RBRK. Roth Capital boosted their price target on Rubrik from $97.00 to $107.00 and gave the company a "buy" rating in a report on Friday, June 6th. KeyCorp boosted their price target on Rubrik from $113.00 to $117.00 and gave the company an "overweight" rating in a report on Wednesday, September 10th. UBS Group reiterated a "buy" rating on shares of Rubrik in a report on Friday, June 6th. Rosenblatt Securities boosted their price target on Rubrik from $110.00 to $115.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Finally, Barclays boosted their price target on Rubrik from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Wednesday, September 10th. Sixteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Rubrik has a consensus rating of "Moderate Buy" and a consensus target price of $108.67.

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.

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