Arvind Nithrakashyap Sells 199,447 Shares of Rubrik (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRK) CTO Arvind Nithrakashyap sold 199,447 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $84.28, for a total value of $16,809,393.16. Following the sale, the chief technology officer owned 314,048 shares of the company’s stock, valued at approximately $26,467,965.44. This represents a 38.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Arvind Nithrakashyap also recently made the following trade(s):

• On Tuesday, June 2nd, Arvind Nithrakashyap sold 12,820 shares of Rubrik stock. The shares were sold at an average price of $82.16, for a total value of $1,053,291.20.

Rubrik Stock Down 3.1%

Rubrik stock opened at $77.02 on Friday. The business has a 50-day simple moving average of $58.27 and a two-hundred day simple moving average of $62.54. The company has a market cap of $15.58 billion, a P/E ratio of -43.52 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 quarterly 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 firm had revenue of $387.07 million for the quarter, compared to the consensus estimate of $366.28 million. The company’s revenue for the quarter was up 39.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.15) earnings per share. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. Research analysts anticipate that Rubrik, Inc. will post -1.45 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its stake in Rubrik by 1,360.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company’s stock worth $30,000 after purchasing an additional 340 shares during the period. Financial Life Planners bought a new position in Rubrik in the 3rd quarter worth approximately $31,000. Guerra Advisors Inc bought a new position in Rubrik in the 3rd quarter worth approximately $33,000. Atlantic Union Bankshares Corp boosted its stake in Rubrik by 100.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares during the period. Finally, Banque Cantonale Vaudoise bought a new position in Rubrik in the 3rd quarter worth approximately $34,000. 49.54% of the stock is currently owned by institutional investors.

Trending Headlines about Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik beat Q1 fiscal 2027 expectations, posting EPS of $0.16 versus a loss estimate of $0.03 and revenue of $387.1 million versus $366.3 million expected, showing continued demand for its cybersecurity and data protection platform. Article Title
• Positive Sentiment: Management also raised guidance, with Q2 FY2027 EPS guidance of $0.03 to $0.05 and revenue guidance of $395 million to $397 million, both above Wall Street expectations, signaling confidence in the company’s growth trajectory. Article Title
• Positive Sentiment: Rubrik said it gained early access to Anthropic’s Mythos Research Preview, which could strengthen its AI-driven cyber resilience offerings and support the long-term investment case. Article Title
• Neutral Sentiment: Analyst commentary remains broadly constructive, with Wall Street still carrying a Moderate Buy consensus, but the stock’s valuation has already moved up significantly ahead of earnings. Article Title
• Negative Sentiment: Shares fell after the report as investors appeared to lock in gains following Rubrik’s strong rally, suggesting the market may have already priced in some of the upbeat results and guidance. Article Title
• Negative Sentiment: Recent insider sales by the CTO and multiple directors may be weighing on sentiment, even though the transactions were made under pre-arranged trading plans. Article Title

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. DA Davidson set a $70.00 price objective on Rubrik in a research note on Friday, March 13th. Barclays cut their price objective on Rubrik from $100.00 to $70.00 and set an “overweight” rating for the company in a research note on Tuesday, March 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rubrik in a research note on Friday, March 27th. BMO Capital Markets boosted their price objective on Rubrik from $58.00 to $64.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company cut their price objective on Rubrik from $125.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $85.12.

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).