Rubrik (NYSE:RBRK) Insider Brian Mccarthy Sells 10,000 Shares

Rubrik, Inc. (NYSE:RBRK) insider Brian Mccarthy sold 10,000 shares of the company’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $70.88, for a total value of $708,800.00. Following the completion of the sale, the insider owned 330,772 shares of the company’s stock, valued at $23,445,119.36. This trade represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Rubrik Trading Down 1.0%

NYSE RBRK traded down $0.70 on Tuesday, hitting $70.67. 2,630,562 shares of the company traded hands, compared to its average volume of 2,857,364. The business’s 50 day moving average price is $75.02 and its 200-day moving average price is $81.04. Rubrik, Inc. has a 52-week low of $47.35 and a 52-week high of $103.00. The company has a market capitalization of $14.14 billion, a price-to-earnings ratio of -36.24 and a beta of 0.27.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Thursday, December 4th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.16) by $0.26. The company had revenue of $350.17 million during the quarter, compared to the consensus estimate of $320.19 million. The firm’s quarterly revenue was up 48.3% compared to the same quarter last year. During the same period last year, the business earned ($0.21) EPS. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. As a group, sell-side analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Institutional Investors Weigh In On Rubrik

Several large investors have recently made changes to their positions in RBRK. Vanguard Group Inc. boosted its stake in Rubrik by 73.1% during the second quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock valued at $1,077,106,000 after buying an additional 5,077,513 shares during the last quarter. Norges Bank bought a new stake in Rubrik in the 2nd quarter worth approximately $219,132,000. First Trust Advisors LP raised its holdings in shares of Rubrik by 44.8% during 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. Acadian Asset Management LLC boosted its position in shares of Rubrik by 388.7% during the 2nd quarter. Acadian Asset Management LLC now owns 1,555,252 shares of the company’s stock valued at $139,309,000 after acquiring an additional 1,237,014 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in shares of Rubrik by 101.8% during the 3rd quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock valued at $200,506,000 after acquiring an additional 1,229,476 shares during the last quarter. 49.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

RBRK has been the topic of several recent analyst reports. Wedbush restated an “outperform” rating and set a $120.00 price objective on shares of Rubrik in a research report on Friday, December 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Piper Sandler lowered their price objective on Rubrik from $118.00 to $99.00 and set an “overweight” rating on the stock in a research report on Monday, January 5th. Mizuho upgraded Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 target price for the company in a research report on Monday, November 17th. Finally, Robert W. Baird boosted their price target on Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Twenty-one research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Rubrik has an average rating of “Moderate Buy” and an average target price of $112.18.

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).