Rubrik (NYSE:RBRK) CFO Kiran Kumar Choudary Sells 3,500 Shares

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Kumar Choudary sold 3,500 shares of the stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 513,551 shares of the company’s stock, valued at approximately $42,460,396.68. The trade was a 0.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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 Performance

NYSE:RBRK opened at $84.09 on Friday. Rubrik, Inc. has a 1 year low of $31.01 and a 1 year high of $103.00. The stock has a market cap of $16.60 billion, a price-to-earnings ratio of -35.93 and a beta of 0.24. The business has a fifty day moving average of $85.70 and a 200-day moving average of $81.31.

Rubrik (NYSE:RBRK) last released its quarterly earnings results 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 business had revenue of $309.86 million during the quarter, compared to the consensus estimate of $282.25 million. During the same period in the previous year, the company posted ($0.40) EPS. The company’s revenue for the quarter 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. On average, equities research analysts predict that Rubrik, Inc. will post -7.66 EPS for the current year.

Wall Street Analyst Weigh In

RBRK has been the subject of several research reports. Roth Capital raised their target price on Rubrik from $97.00 to $107.00 and gave the company a “buy” rating in a research note on Friday, June 6th. UBS Group reiterated a “buy” rating on shares of Rubrik in a research report on Friday, June 6th. Robert W. Baird increased their price target on Rubrik from $95.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, June 6th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $115.00 price target on shares of Rubrik in a research report on Wednesday, September 10th. Finally, KeyCorp increased their price target on Rubrik from $113.00 to $117.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. Sixteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $108.67.

Institutional Investors Weigh In On Rubrik

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Rubrik by 73.1% in the 2nd quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock worth $1,077,106,000 after acquiring an additional 5,077,513 shares in the last quarter. First Trust Advisors LP lifted its stake in Rubrik by 44.8% in the 2nd quarter. First Trust Advisors LP now owns 4,462,705 shares of the company’s stock worth $399,814,000 after acquiring an additional 1,380,941 shares in the last quarter. Norges Bank purchased a new stake in Rubrik in the 2nd quarter worth about $219,132,000. Voya Investment Management LLC lifted its stake in Rubrik by 15.0% in the 1st quarter. Voya Investment Management LLC now owns 2,247,210 shares of the company’s stock worth $137,035,000 after acquiring an additional 293,275 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in Rubrik by 6.9% in the 2nd quarter. Legal & General Group Plc now owns 2,159,435 shares of the company’s stock worth $193,464,000 after acquiring an additional 139,022 shares in the last quarter. 49.54% of the stock is owned by hedge funds and other institutional investors.

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.