John Wendell Thompson Sells 9,009 Shares of Rubrik (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRK) Director John Wendell Thompson sold 9,009 shares of Rubrik stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $82.76, for a total transaction of $745,584.84. Following the sale, the director directly owned 998 shares in the company, valued at approximately $82,594.48. The trade was a 90.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Tuesday, September 2nd, John Wendell Thompson sold 9,009 shares of Rubrik stock. The stock was sold at an average price of $87.83, for a total value of $791,260.47.
• On Friday, August 1st, John Wendell Thompson sold 9,009 shares of Rubrik stock. The shares were sold at an average price of $87.29, for a total value of $786,395.61.

Rubrik Stock Down 1.3%

Shares of Rubrik stock opened at $82.83 on Friday. The company has a market capitalization of $16.36 billion, a P/E ratio of -35.40 and a beta of 0.24. The company has a 50 day moving average of $85.65 and a 200 day moving average of $81.39. Rubrik, Inc. has a 52-week low of $32.00 and a 52-week high of $103.00.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.31. The company had revenue of $309.86 million for the quarter, compared to analyst estimates of $282.25 million. During the same period in the previous year, the business posted ($0.40) EPS. The firm’s revenue for the quarter was up 44.9% compared to the same quarter last year. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS. As a group, research analysts anticipate that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rubrik

Several institutional investors and hedge funds have recently modified their holdings of RBRK. China Universal Asset Management Co. Ltd. purchased a new stake in shares of Rubrik during the second quarter valued at approximately $762,000. Hudson Bay Capital Management LP acquired a new stake in Rubrik during the second quarter valued at approximately $35,657,000. Public Sector Pension Investment Board lifted its stake in Rubrik by 150.0% during the second quarter. Public Sector Pension Investment Board now owns 150,000 shares of the company’s stock worth $13,438,000 after purchasing an additional 90,000 shares during the last quarter. Rakuten Securities Inc. boosted its holdings in shares of Rubrik by 611.7% in the 2nd quarter. Rakuten Securities Inc. now owns 10,163 shares of the company’s stock valued at $911,000 after buying an additional 8,735 shares during the period. Finally, State of Tennessee Department of Treasury boosted its stake in Rubrik by 25.1% in the second quarter. State of Tennessee Department of Treasury now owns 137,979 shares of the company’s stock valued at $12,362,000 after acquiring an additional 27,679 shares during the period. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on RBRK. Truist Financial raised their price objective on shares of Rubrik from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, June 6th. BMO Capital Markets reissued an “outperform” rating and set a $110.00 price target (up previously from $77.00) on shares of Rubrik in a research note on Friday, June 6th. Rosenblatt Securities upped their target price on Rubrik from $110.00 to $115.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. KeyCorp increased their price target on shares of Rubrik from $113.00 to $117.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Rubrik in a research note on Saturday, September 27th. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Rubrik presently has an average rating of “Moderate Buy” and an average price target of $108.67.

Rubrik Company Profile

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.