Rubrik (NYSE:RBRK) CTO Sells $327,219.20 in Stock

by · The Cerbat Gem

Rubrik, Inc. (NYSE:RBRK – Get Free Report) CTO Arvind Nithrakashyap sold 4,648 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $70.40, for a total value of $327,219.20. Following the sale, the chief technology officer directly owned 337,010 shares of the company’s stock, valued at $23,725,504. This represents a 1.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Arvind Nithrakashyap also recently made the following trade(s):

  • On Wednesday, January 14th, Arvind Nithrakashyap sold 1,045 shares of Rubrik stock. The shares were sold at an average price of $70.05, for a total value of $73,202.25.
  • On Wednesday, December 17th, Arvind Nithrakashyap sold 31,450 shares of Rubrik stock. The shares were sold at an average price of $76.19, for a total value of $2,396,175.50.

Rubrik Trading Down 2.8%

Shares of RBRK stock traded down $1.93 during trading hours on Friday, hitting $67.12. 3,959,371 shares of the company were exchanged, compared to its average volume of 2,605,243. The firm has a fifty day simple moving average of $74.73 and a 200 day simple moving average of $80.59. Rubrik, Inc. has a 52-week low of $47.35 and a 52-week high of $103.00. The stock has a market capitalization of $13.43 billion, a price-to-earnings ratio of -34.42 and a beta of 0.27.

Rubrik (NYSE:RBRK – Get Free Report) last issued its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The business had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. During the same quarter in the prior year, the business earned ($0.21) EPS. Rubrik’s revenue for the quarter was up 48.3% compared to the same quarter last year. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Sell-side analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current year.

Institutional Trading of Rubrik

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. StoneCrest Wealth Management Inc. lifted its holdings in shares of Rubrik by 67.2% in the fourth quarter. StoneCrest Wealth Management Inc. now owns 5,989 shares of the company’s stock worth $458,000 after buying an additional 2,408 shares in the last quarter. Washington University bought a new stake in Rubrik during the 4th quarter valued at about $3,861,000. Private Advisory Group LLC purchased a new stake in Rubrik in the 4th quarter valued at about $223,000. Stablepoint Partners LLC grew its stake in Rubrik by 2.0% in the 4th quarter. Stablepoint Partners LLC now owns 18,313 shares of the company’s stock worth $1,401,000 after acquiring an additional 361 shares in the last quarter. Finally, Cisco Systems Inc. purchased a new position in shares of Rubrik during the fourth quarter worth approximately $236,000. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on RBRK. William Blair upgraded Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday, December 5th. Mizuho raised Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 price target on the stock in a research note on Monday, November 17th. Oppenheimer started coverage on shares of Rubrik in a research note on Monday, November 17th. They set a “market perform” rating for the company. Cantor Fitzgerald decreased their price objective on shares of Rubrik from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, December 3rd. Finally, Berenberg Bank began coverage on Rubrik in a research report on Tuesday, November 18th. They issued a “buy” rating and a $114.00 target price for the company. Twenty-one investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Rubrik has an average rating of “Moderate Buy” and an average price target of $112.18.

View Our Latest Stock Analysis on RBRK

Rubrik Company Profile

(Get Free Report)

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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