Kiran Kumar Choudary Sells 6,000 Shares of Rubrik (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRK) CFO Kiran Choudary sold 6,000 shares of the business’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $107.32, for a total value of $643,920.00. Following the completion of the sale, the chief financial officer directly owned 958,078 shares of the company’s stock, valued at $102,820,930.96. The trade was a 0.62% decrease in their ownership of the stock. The sale 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.

Kiran Kumar Choudary also recently made the following trade(s):

• On Tuesday, September 15th, Kiran Choudary sold 4,000 shares of Rubrik stock. The shares were sold at an average price of $101.05, for a total transaction of $404,200.00.
• On Monday, August 24th, Kiran Choudary sold 10,000 shares of Rubrik stock. The stock was sold at an average price of $98.32, for a total transaction of $983,200.00.

Rubrik Stock Performance

Shares of NYSE RBRK opened at $106.49 on Friday. Rubrik, Inc. has a fifty-two week low of $42.25 and a fifty-two week high of $109.00. The stock has a market cap of $22.08 billion, a price-to-earnings ratio of -84.52 and a beta of 1.24. The firm’s 50-day simple moving average is $89.52 and its 200 day simple moving average is $71.84.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Thursday, August 27th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.16. The firm had revenue of $427.26 million for the quarter, compared to analysts’ expectations of $396.30 million. During the same period in the prior year, the firm earned ($0.03) earnings per share. Rubrik’s revenue was up 43.9% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. On average, sell-side analysts predict that Rubrik, Inc. will post -1.19 EPS for the current year.

Institutional Investors Weigh In On Rubrik

Several large investors have recently added to or reduced their stakes in RBRK. Essential Partners LLC boosted its position in Rubrik by 99.3% during the first quarter. Essential Partners LLC now owns 570 shares of the company’s stock worth $28,000 after purchasing an additional 284 shares during the period. Markowski Investments bought a new stake in shares of Rubrik in the second quarter valued at approximately $48,000. Versant Capital Management Inc lifted its stake in shares of Rubrik by 54.6% during the 2nd quarter. Versant Capital Management Inc now owns 926 shares of the company’s stock valued at $74,000 after buying an additional 327 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in shares of Rubrik during the 1st quarter valued at approximately $46,000. Finally, CX Institutional boosted its holdings in Rubrik by 329.9% in the 2nd quarter. CX Institutional now owns 1,393 shares of the company’s stock worth $112,000 after buying an additional 1,069 shares during the period. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Jefferies Financial Group set a $90.00 target price on Rubrik in a research note on Friday, June 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Rubrik in a report on Wednesday, June 24th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Rubrik in a research report on Wednesday, August 19th. DA Davidson boosted their target price on shares of Rubrik from $90.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, August 28th. Finally, Stephens reissued an “overweight” rating on shares of Rubrik in a research report on Friday, August 28th. Twenty-eight research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $113.31.

Key Headlines Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik unveiled Rubrik Code Guardian, a new cybersecurity offering that uses Anthropic’s Claude Mythos 5 to red-team software code and prioritize risks. The product expands Rubrik’s exposure to AI-driven security demand and could strengthen its platform positioning. Rubrik Code Guardian announcement
• Positive Sentiment: Brokerage sentiment remains broadly supportive, with Rubrik carrying a consensus “Moderate Buy” rating and an average price target of approximately $113.31. Recent bullish commentary also cited strong revenue growth, $1.66 billion in net annual recurring revenue, AI-related cybersecurity demand and projected free cash flow above $330 million. Rubrik consensus rating
• Neutral Sentiment: CFO Kiran Choudary sold 4,000 shares at an average price of $101.05 and another 6,000 shares at $107.32. Both transactions were executed under a pre-arranged Rule 10b5-1 plan, and he continued to own roughly 958,000 shares afterward, reducing the significance of the sales as a fundamental signal. CFO insider transactions
• Negative Sentiment: A bearish analyst downgraded Rubrik to “Sell,” arguing that the stock’s sharp rally has left little margin of safety. The concern is amplified by Rubrik’s high valuation and continuing GAAP losses, making the shares vulnerable to profit-taking when growth expectations are already elevated. Rubrik valuation downgrade

Rubrik Company Profile

Rubrik, Inc is a cloud data management and cyber resilience company that helps organizations protect, manage and recover data across on-premises systems, cloud environments and software-as-a-service applications. Its platform is designed to support data backup, recovery, security monitoring and operational resilience.

The company’s principal offering, Rubrik Security Cloud, provides centralized capabilities for data protection and cyber recovery. The platform helps organizations identify sensitive data, monitor for threats, maintain secure backups and restore systems following events such as ransomware attacks, operational failures or other disruptions.

Rubrik was founded in 2014 by Bipul Sinha, Arvind Nithrakashyap and Soham Mazumdar.