Rubrik (NYSE:RBRK) Director Sells $58,206.33 in Stock

Rubrik, Inc. (NYSE:RBRK) Director Yvonne Wassenaar sold 721 shares of Rubrik stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $80.73, for a total value of $58,206.33. Following the completion of the sale, the director directly owned 2,326 shares in the company, valued at approximately $187,777.98. This represents a 23.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Yvonne Wassenaar also recently made the following trade(s):

• On Friday, May 29th, Yvonne Wassenaar sold 2,838 shares of Rubrik stock. The shares were sold at an average price of $75.00, for a total value of $212,850.00.

Rubrik Stock Performance

NYSE:RBRK opened at $73.15 on Friday. The stock’s 50-day simple moving average is $58.79 and its 200 day simple moving average is $62.61. The company has a market cap of $14.80 billion, a P/E ratio of -50.45 and a beta of 1.10. Rubrik, Inc. has a 52-week low of $42.25 and a 52-week high of $103.00.

Rubrik (NYSE:RBRK) last released its earnings results on Thursday, June 4th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.19. The company had revenue of $387.07 million during the quarter, compared to analyst estimates of $366.31 million. Rubrik’s revenue was up 39.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.15) EPS. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. As a group, equities analysts predict that Rubrik, Inc. will post -1.45 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Rubrik

A number of institutional investors have recently bought and sold shares of RBRK. Comerica Bank increased its position in Rubrik by 209.0% during the first quarter. Comerica Bank now owns 584 shares of the company’s stock worth $36,000 after buying an additional 395 shares during the last quarter. Royal Bank of Canada grew its position in shares of Rubrik by 231.3% in the first quarter. Royal Bank of Canada now owns 29,320 shares of the company’s stock valued at $1,789,000 after purchasing an additional 20,471 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Rubrik by 31.6% in the first quarter. NewEdge Advisors LLC now owns 1,250 shares of the company’s stock valued at $76,000 after purchasing an additional 300 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Rubrik by 33.5% in the first quarter. Goldman Sachs Group Inc. now owns 940,351 shares of the company’s stock valued at $57,343,000 after purchasing an additional 236,181 shares during the last quarter. Finally, Rhumbline Advisers grew its position in shares of Rubrik by 204.1% in the first quarter. Rhumbline Advisers now owns 2,980 shares of the company’s stock valued at $182,000 after purchasing an additional 2,000 shares during the last quarter. Institutional investors and hedge funds own 49.54% of the company’s stock.

More Rubrik News

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik beat first-quarter estimates with $0.16 EPS versus expectations for a loss, while revenue rose 39% to $387.1 million, reinforcing the company’s growth story in cybersecurity and AI-driven cyber resilience. Rubrik Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: The company raised full-year and Q2 guidance, signaling management sees continued demand and improving profitability ahead. Rubrik beats Q1 estimates, raises full-year guidance as cyber resilience demand rises
• Positive Sentiment: Multiple analysts lifted price targets, including CIBC, BMO, DA Davidson, and Oppenheimer, suggesting Wall Street remains constructive after the results. Analyst price target updates
• Positive Sentiment: Unusual call-option activity points to speculation that traders expect more upside after the earnings beat and guidance raise. Unusual options trading in Rubrik
• Neutral Sentiment: Commentary around Rubrik’s AI-enabled security platform and its access to Anthropic’s Mythos preview reinforces the long-term growth narrative, but this is more strategic than an immediate earnings driver. Rubrik is countering AI threats with ‘AI speed’ recoveries: CEO
• Neutral Sentiment: Shareholder approval of the board, auditor, and pay practices removes governance uncertainty, but it is unlikely to materially affect the stock by itself. Rubrik Shareholders Endorse Board, Auditor and Pay Practices
• Negative Sentiment: The stock has been volatile because investors appear to be questioning whether the earnings beat was strong enough to justify the recent run-up in the share price. Is It Time To Reconsider Rubrik (RBRK) After Recent Volatile Share Price Swings?
• Negative Sentiment: Several insider sales, including large disposals by CTO Arvind Nithrakashyap and Director John Wendell Thompson, may be pressuring sentiment even though the trades were pre-planned. SEC filing for insider sales
• Negative Sentiment: Some market commentary said the quarter was solid but not “explosive” enough for a stock that had already rallied sharply, helping explain why shares slipped after earnings. Rubrik posts respectable Q1, not as explosive as needed

Wall Street Analyst Weigh In

RBRK has been the topic of a number of recent research reports. Scotiabank reaffirmed an “outperform” rating on shares of Rubrik in a research report on Friday. Robert W. Baird lowered their target price on Rubrik from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Friday, March 6th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $90.00 target price on shares of Rubrik in a research report on Monday, June 1st. Cantor Fitzgerald lifted their target price on Rubrik from $85.00 to $95.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $95.00 target price on shares of Rubrik in a research report on Friday. Twenty-eight research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $93.00.

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).