Rubrik (NYSE:RBRK) Director Sells $537,900.00 in Stock

Key Points

• Director John Wendell Thompson sold 11,000 shares on April 1 at an average of $48.90 for a total of $537,900, leaving him with 4,653 shares; the sale was disclosed to the SEC and executed under a pre-arranged Rule 10b5-1 trading plan.
• The April sale is part of a string of large insider disposals since January (multiple 11,000- and 2,500-share trades), while Rubrik recently beat quarterly EPS and revenue estimates (revenue +46% YoY) and trades near $51 versus a consensus analyst price target of about $89 (average rating: Moderate Buy).

Rubrik, Inc. (NYSE:RBRK - Get Free Report) Director John Wendell Thompson sold 11,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $48.90, for a total value of $537,900.00. Following the transaction, the director directly owned 4,653 shares of the company's stock, valued at $227,531.70. The trade was a 70.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Wendell Thompson also recently made the following trade(s):

• On Wednesday, April 1st, John Wendell Thompson sold 2,500 shares of Rubrik stock. The stock was sold at an average price of $48.96, for a total value of $122,400.00.
• On Monday, March 2nd, John Wendell Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $53.55, for a total value of $133,875.00.
• On Monday, March 2nd, John Wendell Thompson sold 11,000 shares of Rubrik stock. The shares were sold at an average price of $53.62, for a total value of $589,820.00.
• On Monday, February 2nd, John Wendell Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $55.30, for a total value of $138,250.00.
• On Monday, February 2nd, John Wendell Thompson sold 11,000 shares of Rubrik stock. The stock was sold at an average price of $55.29, for a total transaction of $608,190.00.
• On Monday, January 5th, John Wendell Thompson sold 2,500 shares of Rubrik stock. The stock was sold at an average price of $73.87, for a total transaction of $184,675.00.
• On Monday, January 5th, John Wendell Thompson sold 11,000 shares of Rubrik stock. The shares were sold at an average price of $73.84, for a total transaction of $812,240.00.

Rubrik Stock Performance

Shares of NYSE:RBRK traded up $2.83 during midday trading on Thursday, hitting $51.42. The company's stock had a trading volume of 3,313,663 shares, compared to its average volume of 4,084,799. The business's 50 day simple moving average is $53.70 and its 200 day simple moving average is $68.25. The company has a market cap of $10.40 billion, a P/E ratio of -29.05 and a beta of 0.63. Rubrik, Inc. has a 12-month low of $44.75 and a 12-month high of $103.00.

Rubrik (NYSE:RBRK - Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million for the quarter, compared to analysts' expectations of $342.43 million. The firm's revenue was up 46.3% on a year-over-year basis. During the same period in the prior year, the company posted ($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, sell-side analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rubrik

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bogart Wealth LLC grew its holdings in shares of Rubrik by 352.2% during the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company's stock worth $26,000 after purchasing an additional 243 shares during the period. EverSource Wealth Advisors LLC raised its holdings in 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 acquired a new position in Rubrik in the third quarter valued at about $31,000. Atlantic Union Bankshares Corp boosted its stake in Rubrik by 100.0% during the fourth quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company's stock worth $31,000 after buying an additional 200 shares during the period. Finally, Guerra Advisors Inc purchased a new position in Rubrik during the third quarter worth about $33,000. Institutional investors and hedge funds own 49.54% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on RBRK. Truist Financial reduced their price objective on Rubrik from $110.00 to $80.00 and set a "buy" rating on the stock in a research report on Tuesday, February 17th. BTIG Research assumed coverage on Rubrik in a report on Friday, March 20th. They issued a "buy" rating and a $64.00 target price for the company. UBS Group reaffirmed a "buy" rating on shares of Rubrik in a research note on Friday, December 5th. Stephens assumed coverage on Rubrik in a report on Monday, December 29th. They set an "overweight" rating and a $105.00 price target on the stock. Finally, Wedbush dropped their price objective on shares of Rubrik from $120.00 to $90.00 and set an "outperform" rating for the company in a report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus 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).

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