John Wendell Thompson Sells 11,000 Shares of Rubrik (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRK) Director John Wendell Thompson sold 11,000 shares of Rubrik stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $74.10, for a total transaction of $815,100.00. Following the sale, the director directly owned 8,362 shares in the company, valued at $619,624.20. This trade represents a 56.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 3rd, John Wendell Thompson sold 2,500 shares of Rubrik stock. The stock was sold at an average price of $74.11, for a total transaction of $185,275.00.
• On Wednesday, July 1st, John Wendell Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $82.75, for a total transaction of $206,875.00.
• On Wednesday, July 1st, John Wendell Thompson sold 11,000 shares of Rubrik stock. The shares were sold at an average price of $82.65, for a total value of $909,150.00.
• On Monday, June 1st, John Wendell Thompson sold 2,500 shares of Rubrik stock. The stock was sold at an average price of $84.51, for a total value of $211,275.00.
• On Monday, June 1st, John Wendell Thompson sold 11,000 shares of Rubrik stock. The stock was sold at an average price of $84.55, for a total value of $930,050.00.

Rubrik Stock Performance

NYSE:RBRK opened at $84.70 on Thursday. The stock has a market cap of $17.43 billion, a price-to-earnings ratio of -58.41 and a beta of 1.17. Rubrik, Inc. has a one year low of $42.25 and a one year high of $99.75. The business’s 50-day simple moving average is $76.72 and its 200 day simple moving average is $62.97.

Rubrik (NYSE:RBRK) last issued its quarterly earnings data on Thursday, June 4th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.19. The business had revenue of $387.07 million for the quarter, compared to analyst estimates of $366.31 million. During the same quarter last year, the business earned ($0.15) EPS. Rubrik’s revenue for the quarter was up 39.0% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. On average, equities research analysts predict that Rubrik, Inc. will post -1.16 EPS for the current year.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: New AI security product: Rubrik unveiled “Agent Identity,” a capability designed to authenticate and govern AI agents’ actions in real time. The product addresses emerging risks associated with autonomous and agentic AI systems and could strengthen Rubrik’s positioning in the growing data-security market. Rubrik Unveils Agent Identity to Secure Agentic Actions in Real-Time
• Positive Sentiment: Fresh bullish analyst coverage: Loop Capital initiated coverage of Rubrik with a Buy rating, adding to an already favorable Wall Street view. The company’s consensus rating is Moderate Buy, with an average analyst price target of $94.20, suggesting potential upside from recent trading levels. Rubrik in Spotlight as Loop Capital Starts with Buy Rating
• Neutral Sentiment: Industry tailwind: The Cloud Security Alliance launched an AI Resilience Center of Excellence, highlighting increasing industry attention on AI security, resilience and governance. The initiative is not specific to Rubrik but supports the broader market opportunity targeted by its security platform. Cloud Security Alliance Launches AI Resilience Center of Excellence
• Negative Sentiment: Insider selling: CTO Arvind Nithrakashyap sold 25,640 shares for roughly $2.02 million across August 3 and August 5, while directors Yvonne Wassenaar and John Wendell Thompson sold 721 and 13,500 shares, respectively. The sales reduce insider ownership and may weigh on sentiment, but the pre-arranged trading plans make them less indicative of a negative view of Rubrik’s outlook.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on RBRK shares. DA Davidson restated a “buy” rating and issued a $90.00 price target (up from $70.00) on shares of Rubrik in a research note on Thursday, June 11th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Rubrik in a research note on Friday, June 5th. Cantor Fitzgerald reissued an “overweight” rating on shares of Rubrik in a report on Friday, June 26th. BTIG Research reissued a “buy” rating and issued a $91.00 target price on shares of Rubrik in a research report on Thursday, June 11th. Finally, UBS Group restated a “buy” rating on shares of Rubrik in a research note on Monday, June 1st. Twenty-nine analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Rubrik currently has a consensus rating of “Moderate Buy” and an average target price of $94.20.

Hedge Funds Weigh In On Rubrik

A number of hedge funds and other institutional investors have recently bought and sold shares of RBRK. NewEdge Advisors LLC increased its stake in shares of Rubrik by 12.0% in the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock valued at $125,000 after purchasing an additional 150 shares during the period. Atlantic Union Bankshares Corp boosted its position in shares of 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. Creative Planning grew its holdings in Rubrik by 5.3% in the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock worth $418,000 after buying an additional 236 shares in the last quarter. Moors & Cabot Inc. increased its position in Rubrik by 9.2% in the 4th quarter. Moors & Cabot Inc. now owns 3,337 shares of the company’s stock valued at $255,000 after acquiring an additional 282 shares during the period. Finally, Essential Partners LLC increased its position in Rubrik by 99.3% in the 1st quarter. Essential Partners LLC now owns 570 shares of the company’s stock valued at $28,000 after acquiring an additional 284 shares during the period. 49.54% of the stock is currently owned by institutional investors and hedge funds.

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).