Rubrik (NYSE:RBRK) Director Sells $610,280.00 in Stock

Rubrik, Inc. (NYSE:RBRK) Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $55.48, for a total transaction of $610,280.00. Following the sale, the director owned 4,653 shares in the company, valued at $258,148.44. The trade was a 70.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, May 1st, John Wendell Thompson sold 2,500 shares of Rubrik stock. The shares were sold at an average price of $55.51, for a total transaction of $138,775.00.
• On Wednesday, April 1st, John Wendell Thompson sold 2,500 shares of Rubrik stock. The stock was sold at an average price of $48.96, for a total transaction of $122,400.00.
• On Wednesday, April 1st, John Wendell Thompson sold 11,000 shares of Rubrik stock. The stock was sold at an average price of $48.90, for a total transaction of $537,900.00.
• On Monday, March 2nd, John Wendell Thompson sold 2,500 shares of Rubrik stock. The stock was sold at an average price of $53.55, for a total transaction of $133,875.00.
• On Monday, March 2nd, John Wendell Thompson sold 11,000 shares of Rubrik stock. The stock was sold at an average price of $53.62, for a total transaction of $589,820.00.

Rubrik Stock Up 1.0%

Rubrik stock opened at $57.73 on Thursday. The company’s 50-day moving average price is $51.97 and its 200-day moving average price is $63.52. Rubrik, Inc. has a twelve month low of $42.25 and a twelve month high of $103.00. The company has a market cap of $11.68 billion, a PE ratio of -32.61 and a beta of 0.63.

Rubrik (NYSE:RBRK) last posted its earnings results on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.15. The business had revenue of $377.68 million during the quarter, compared to the consensus estimate of $342.43 million. During the same quarter last year, the firm earned ($0.18) earnings per share. The business’s quarterly revenue was up 46.3% on a year-over-year basis. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. As a group, sell-side analysts expect that Rubrik, Inc. will post -1.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on RBRK shares. Citigroup lowered their price objective on shares of Rubrik from $115.00 to $88.00 and set a “buy” rating for the company in a research report on Monday, March 16th. Wolfe Research started coverage on shares of Rubrik in a research report on Friday, May 1st. They issued an “outperform” rating and a $70.00 price objective for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Rubrik in a research report on Friday, March 27th. Rosenblatt Securities lowered their price objective on shares of Rubrik from $120.00 to $95.00 and set a “buy” rating for the company in a research report on Monday, March 9th. Finally, BTIG Research started coverage on shares of Rubrik in a research report on Friday, March 20th. They issued a “buy” rating and a $64.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $84.83.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Strs Ohio lifted its stake in shares of Rubrik by 90.8% in the third quarter. Strs Ohio now owns 62,300 shares of the company’s stock worth $5,124,000 after buying an additional 29,649 shares in the last quarter. WCM Investment Management LLC purchased a new position in shares of Rubrik in the third quarter worth about $4,717,000. ARK Investment Management LLC lifted its stake in shares of Rubrik by 21.1% in the third quarter. ARK Investment Management LLC now owns 319,112 shares of the company’s stock worth $26,247,000 after buying an additional 55,500 shares in the last quarter. Citigroup Inc. lifted its stake in shares of Rubrik by 210.2% in the third quarter. Citigroup Inc. now owns 104,041 shares of the company’s stock worth $8,557,000 after buying an additional 70,504 shares in the last quarter. Finally, TD Waterhouse Canada Inc. lifted its stake in shares of Rubrik by 471.4% in the third quarter. TD Waterhouse Canada Inc. now owns 50,614 shares of the company’s stock worth $4,181,000 after buying an additional 41,756 shares in the last quarter. Institutional investors own 49.54% of the company’s stock.

Rubrik Company Profile

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).