Rubrik, Inc. (NYSE:RBRK - Get Free Report) CFO Kiran Kumar Choudary sold 2,670 shares of the firm's stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $45.07, for a total value of $120,336.90. Following the completion of the transaction, the chief financial officer now owns 396,160 shares of the company's stock, valued at approximately $17,854,931.20. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Kiran Kumar Choudary also recently made the following trade(s):
- On Friday, November 8th, Kiran Kumar Choudary sold 7,330 shares of Rubrik stock. The stock was sold at an average price of $45.04, for a total transaction of $330,143.20.
- On Wednesday, November 6th, Kiran Kumar Choudary sold 1,800 shares of Rubrik stock. The stock was sold at an average price of $43.15, for a total transaction of $77,670.00.
- On Tuesday, October 22nd, Kiran Kumar Choudary sold 11,800 shares of Rubrik stock. The shares were sold at an average price of $38.49, for a total transaction of $454,182.00.
- On Thursday, October 31st, Kiran Kumar Choudary sold 4,500 shares of Rubrik stock. The stock was sold at an average price of $41.99, for a total transaction of $188,955.00.
- On Friday, October 25th, Kiran Kumar Choudary sold 14,000 shares of Rubrik stock. The shares were sold at an average price of $39.81, for a total transaction of $557,340.00.
- On Monday, October 28th, Kiran Kumar Choudary sold 1,500 shares of Rubrik stock. The shares were sold at an average price of $39.40, for a total value of $59,100.00.
- On Thursday, October 17th, Kiran Kumar Choudary sold 7,583 shares of Rubrik stock. The stock was sold at an average price of $40.14, for a total value of $304,381.62.
- On Monday, October 14th, Kiran Kumar Choudary sold 45,800 shares of Rubrik stock. The shares were sold at an average price of $39.22, for a total value of $1,796,276.00.
- On Thursday, September 26th, Kiran Kumar Choudary sold 51,924 shares of Rubrik stock. The stock was sold at an average price of $31.41, for a total value of $1,630,932.84.
Rubrik Stock Up 1.1 %
Blackrock’s Sending THIS Crypto Higher on Purpose
From Crypto 101 Media | Ad
It's a groundbreaking opportunity that could be poised for extraordinary gains.
The catalyst behind this surge is a massive new blockchain development…
YES, I WANT THE #1 CRYPTO NOW
Rubrik stock opened at $44.81 on Wednesday. The company has a fifty day simple moving average of $36.44 and a 200-day simple moving average of $34.27. Rubrik, Inc. has a 52-week low of $28.34 and a 52-week high of $45.90.
Rubrik (NYSE:RBRK - Get Free Report) last announced its quarterly earnings data on Monday, September 9th. The company reported ($0.97) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.96) by ($0.01). The company had revenue of $204.95 million for the quarter, compared to the consensus estimate of $195.58 million. Equities analysts anticipate that Rubrik, Inc. will post -7.94 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts recently issued reports on RBRK shares. Cantor Fitzgerald reiterated an "overweight" rating and issued a $50.00 target price on shares of Rubrik in a research note on Tuesday, September 10th. Wedbush upped their price objective on shares of Rubrik from $44.00 to $48.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 16th. CIBC raised their target price on Rubrik from $50.00 to $52.00 and gave the company an "outperformer" rating in a research report on Tuesday, September 10th. Wells Fargo & Company reduced their price target on Rubrik from $42.00 to $40.00 and set an "overweight" rating for the company in a report on Tuesday, September 10th. Finally, Citigroup raised their price objective on Rubrik from $47.00 to $48.00 and gave the company a "buy" rating in a report on Wednesday, September 11th. Sixteen analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Rubrik currently has a consensus rating of "Buy" and an average price target of $45.00.
View Our Latest Analysis on RBRK
Hedge Funds Weigh In On Rubrik
Institutional investors have recently added to or reduced their stakes in the stock. KBC Group NV acquired a new stake in shares of Rubrik in the 3rd quarter worth $72,000. Quent Capital LLC acquired a new stake in Rubrik during the third quarter worth about $192,000. Mount Yale Investment Advisors LLC purchased a new position in Rubrik during the third quarter worth about $208,000. Register Financial Advisors LLC acquired a new position in Rubrik in the 2nd quarter valued at about $227,000. Finally, Sei Investments Co. purchased a new stake in shares of Rubrik in the 2nd quarter valued at approximately $235,000.
About Rubrik
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
