Yvonne Wassenaar Sells 2,838 Shares of Rubrik (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRK) Director Yvonne Wassenaar sold 2,838 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $75.00, for a total transaction of $212,850.00. Following the completion of the sale, the director directly owned 2,326 shares of the company’s stock, valued at $174,450. This trade represents a 54.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rubrik Stock Performance

Shares of NYSE RBRK traded up $6.57 during mid-day trading on Monday, reaching $85.20. The company had a trading volume of 7,165,705 shares, compared to its average volume of 3,836,207. The company has a market capitalization of $17.23 billion, a price-to-earnings ratio of -48.13 and a beta of 1.09. The stock has a fifty day moving average of $55.78 and a two-hundred day moving average of $62.31. Rubrik, Inc. has a 12-month low of $42.25 and a 12-month high of $103.00.

Rubrik (NYSE:RBRK) last issued its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million for the quarter, compared to the consensus estimate of $342.43 million. Rubrik’s revenue was up 46.3% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.18) EPS. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. Sell-side analysts forecast that Rubrik, Inc. will post -1.45 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on RBRK shares. BTIG Research raised their price objective on shares of Rubrik from $64.00 to $76.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. DA Davidson set a $70.00 price objective on shares of Rubrik in a research report on Friday, March 13th. The Goldman Sachs Group cut their price objective on shares of Rubrik from $120.00 to $80.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. KeyCorp cut their price objective on shares of Rubrik from $80.00 to $70.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Finally, Wells Fargo & Company cut their price objective on shares of Rubrik from $125.00 to $90.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Rubrik currently has a consensus rating of “Moderate Buy” and an average target price of $85.12.

Hedge Funds Weigh In On Rubrik

A number of institutional investors have recently modified their holdings of RBRK. Norges Bank acquired a new position in Rubrik during the 4th quarter valued at $345,907,000. First Trust Advisors LP grew its position in Rubrik by 42.8% in the 4th quarter. First Trust Advisors LP now owns 7,064,057 shares of the company’s stock worth $540,259,000 after purchasing an additional 2,116,272 shares during the last quarter. Pictet Asset Management Holding SA grew its position in Rubrik by 104.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 3,325,503 shares of the company’s stock worth $162,572,000 after purchasing an additional 1,696,342 shares during the last quarter. Vanguard Group Inc. grew its position in Rubrik by 12.9% in the 4th quarter. Vanguard Group Inc. now owns 14,694,503 shares of the company’s stock worth $1,123,836,000 after purchasing an additional 1,678,255 shares during the last quarter. Finally, AQR Capital Management LLC acquired a new stake in Rubrik in the 3rd quarter worth $97,828,000. Institutional investors own 49.54% of the company’s stock.

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).