Insider Selling: Rubrik (NYSE:RBRK) Director Sells $212,850.00 in Stock

Rubrik, Inc. (NYSE:RBRK) Director Yvonne Wassenaar sold 2,838 shares of the company’s stock in a transaction on Friday, May 29th. The shares were 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 in the company, valued at approximately $174,450. The trade was a 54.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, June 3rd, Yvonne Wassenaar sold 721 shares of Rubrik stock. The shares were sold at an average price of $80.73, for a total transaction of $58,206.33.

Rubrik Stock Performance

NYSE:RBRK opened at $79.55 on Thursday. Rubrik, Inc. has a one year low of $42.25 and a one year high of $103.00. The firm has a market cap of $16.09 billion, a price-to-earnings ratio of -44.94 and a beta of 1.10. The firm’s fifty day moving average is $57.70 and its two-hundred day moving average is $62.50.

Rubrik (NYSE:RBRK) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million during the quarter, compared to analysts’ expectations of $342.43 million. During the same period in the previous year, the company posted ($0.18) earnings per share. Rubrik’s revenue for the quarter was up 46.3% compared to the same quarter last year. 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, equities research analysts predict that Rubrik, Inc. will post -1.45 earnings per share for the current fiscal year.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik gained early access to Anthropic’s Mythos Research Preview, which could bolster its cyber resilience offerings and support the company’s AI/security narrative. Rubrik Gains Access to Anthropic Mythos Research Preview to Advance Cyber Resilience
• Positive Sentiment: Jefferies said Rubrik is likely heading into its first-quarter report with strong demand trends in cyber resilience and identity security, which may help support the stock if results and guidance are solid. Rubrik faces high expectations going into Q1 earnings report
• Neutral Sentiment: Several analysts continue to rate Rubrik favorably, with a consensus “Moderate Buy” and a target price near recent trading levels, suggesting Wall Street still sees upside, but not enough to offset near-term headline risk. A Look At Rubrik (RBRK) Valuation As AI And Cybersecurity Partnerships Draw Market Attention
• Negative Sentiment: CTO Arvind Nithrakashyap sold a large block of shares in multiple transactions, including a sizable June 1 sale, adding to concerns that insiders may be trimming exposure after the stock’s recent run-up. SEC filing for Arvind Nithrakashyap sale
• Negative Sentiment: Director John Wendell Thompson also sold shares, including a much larger June 1 transaction, which can weigh on sentiment when investors are already focused on valuation and upcoming earnings. SEC filing for John Wendell Thompson sale
• Negative Sentiment: Director Yvonne Wassenaar disclosed additional share sales, reinforcing the broader insider-selling theme that may be contributing to today’s weakness. SEC filing for Yvonne Wassenaar sale

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on RBRK shares. Scotiabank set a $70.00 target price on shares of Rubrik and gave the stock a “sector outperform” rating in a research note on Monday, April 20th. The Goldman Sachs Group lowered their target price on shares of Rubrik from $120.00 to $80.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. Piper Sandler reissued an “overweight” rating and set a $84.00 target price (down from $99.00) on shares of Rubrik in a research note on Friday, March 13th. Wedbush lowered their target price on shares of Rubrik from $120.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday, March 13th. Finally, Truist Financial lowered their target price on shares of Rubrik from $110.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Rubrik currently has a consensus rating of “Moderate Buy” and a consensus price target of $85.12.

Institutional Trading of Rubrik

A number of hedge funds and other institutional investors have recently made changes to their positions in RBRK. Comerica Bank increased its holdings in shares of Rubrik by 209.0% during the 1st 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 boosted its position in shares of Rubrik by 231.3% during the 1st quarter. Royal Bank of Canada now owns 29,320 shares of the company’s stock worth $1,789,000 after purchasing an additional 20,471 shares during the period. NewEdge Advisors LLC boosted its position in shares of Rubrik by 31.6% during the 1st quarter. NewEdge Advisors LLC now owns 1,250 shares of the company’s stock worth $76,000 after purchasing an additional 300 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Rubrik by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 940,351 shares of the company’s stock worth $57,343,000 after purchasing an additional 236,181 shares during the period. Finally, Rhumbline Advisers boosted its position in shares of Rubrik by 204.1% during the 1st quarter. Rhumbline Advisers now owns 2,980 shares of the company’s stock worth $182,000 after purchasing an additional 2,000 shares during the period. Institutional investors and hedge funds 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).