Rubrik (NYSE:RBRK) Director Sells $679,729.05 in Stock

Rubrik, Inc. (NYSE:RBRK) Director John Wendell Thompson sold 9,009 shares of Rubrik stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $75.45, for a total value of $679,729.05. Following the sale, the director directly owned 998 shares in the company, valued at approximately $75,299.10. The trade was a 90.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Wednesday, October 1st, John Wendell Thompson sold 9,009 shares of Rubrik stock. The stock was sold at an average price of $82.76, for a total transaction of $745,584.84.
• On Tuesday, September 2nd, John Wendell Thompson sold 9,009 shares of Rubrik stock. The stock was sold at an average price of $87.83, for a total transaction of $791,260.47.

Rubrik Stock Performance

NYSE RBRK traded down $3.18 on Tuesday, reaching $72.62. 2,182,560 shares of the company’s stock traded hands, compared to its average volume of 3,225,818. The firm has a market cap of $14.34 billion, a price-to-earnings ratio of -31.03 and a beta of 0.20. The stock has a 50 day moving average price of $81.57 and a 200-day moving average price of $84.21. Rubrik, Inc. has a fifty-two week low of $41.18 and a fifty-two week high of $103.00.

Rubrik (NYSE:RBRK) last released its earnings results on Tuesday, September 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.31. The company had revenue of $309.86 million during the quarter, compared to analysts’ expectations 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 last year, the business posted ($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. As a group, equities research analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on RBRK shares. Wall Street Zen downgraded Rubrik from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. CIBC raised their price objective on Rubrik from $125.00 to $130.00 and gave the company an “outperformer” rating in a report on Thursday, September 11th. Rosenblatt Securities lifted their price objective on Rubrik from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Wedbush restated an “outperform” rating and set a $120.00 price target on shares of Rubrik in a research report on Thursday, September 11th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Rubrik in a report on Wednesday, October 8th. Sixteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $108.67.

Hedge Funds Weigh In On Rubrik

A number of institutional investors have recently modified their holdings of RBRK. Allworth Financial LP boosted its stake in Rubrik by 1,030.8% in the second quarter. Allworth Financial LP now owns 294 shares of the company’s stock valued at $26,000 after acquiring an additional 268 shares in the last quarter. ST Germain D J Co. Inc. purchased a new position in Rubrik in the second quarter valued at about $27,000. Bogart Wealth LLC grew its holdings in Rubrik by 352.2% during the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock valued at $26,000 after buying an additional 243 shares during the last quarter. Beacon Capital Management LLC acquired a new stake in Rubrik during the 2nd quarter valued at $29,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in Rubrik in the 2nd quarter worth approximately $36,000. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Rubrik Company Profile

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.