Rubrik, Inc. (NYSE:RBRK - Get Free Report) CFO Kiran Kumar Choudary sold 1,800 shares of the company's stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $51.51, for a total transaction of $92,718.00. Following the transaction, the chief financial officer now owns 372,960 shares of the company's stock, valued at approximately $19,211,169.60. The trade was a 0.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Kiran Kumar Choudary also recently made the following trade(s):
- On Friday, December 6th, Kiran Kumar Choudary sold 30,000 shares of Rubrik stock. The shares were sold at an average price of $65.78, for a total transaction of $1,973,400.00.
- On Tuesday, November 26th, Kiran Kumar Choudary sold 1,800 shares of Rubrik stock. The stock was sold at an average price of $50.38, for a total value of $90,684.00.
- On Friday, November 22nd, Kiran Kumar Choudary sold 10,000 shares of Rubrik stock. The stock was sold at an average price of $50.31, for a total transaction of $503,100.00.
- On Wednesday, November 20th, Kiran Kumar Choudary sold 1,800 shares of Rubrik stock. The stock was sold at an average price of $45.00, for a total transaction of $81,000.00.
- On Thursday, November 14th, Kiran Kumar Choudary sold 10,000 shares of Rubrik stock. The shares were sold at an average price of $44.48, for a total value of $444,800.00.
- On Monday, November 11th, Kiran Kumar Choudary sold 2,670 shares of Rubrik stock. The shares were sold at an average price of $45.07, for a total transaction of $120,336.90.
- On Friday, November 8th, Kiran Kumar Choudary sold 7,330 shares of Rubrik stock. The shares were 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 value 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 value of $188,955.00.
Rubrik Price Performance
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Shares of RBRK opened at $64.54 on Friday. The firm has a 50-day moving average of $42.65 and a 200-day moving average of $36.18. Rubrik, Inc. has a one year low of $28.34 and a one year high of $72.66.
Rubrik (NYSE:RBRK - Get Free Report) last posted its quarterly earnings results on Monday, September 9th. The company reported ($0.97) EPS for the quarter, missing analysts' consensus estimates of ($0.96) by ($0.01). The company had revenue of $204.95 million during the quarter, compared to analyst estimates of $195.58 million. As a group, analysts expect that Rubrik, Inc. will post -8.04 EPS for the current year.
Institutional Investors Weigh In On Rubrik
A number of large investors have recently added to or reduced their stakes in RBRK. Brown Brothers Harriman & Co. acquired a new stake in Rubrik during the 3rd quarter worth approximately $25,000. KBC Group NV acquired a new stake in shares of Rubrik during the third quarter worth $72,000. Quent Capital LLC bought a new stake in shares of Rubrik in the third quarter valued at about $192,000. Mount Yale Investment Advisors LLC acquired a new position in shares of Rubrik in the third quarter valued at about $208,000. Finally, Whalen Wealth Management Inc. bought a new position in Rubrik during the third quarter worth about $243,000.
Wall Street Analyst Weigh In
RBRK has been the subject of several analyst reports. Barclays boosted their target price on Rubrik from $51.00 to $70.00 and gave the stock an "overweight" rating in a research report on Friday. BMO Capital Markets lifted their price objective on Rubrik from $38.00 to $72.00 and gave the company an "outperform" rating in a report on Friday. CIBC boosted their price objective on Rubrik from $50.00 to $52.00 and gave the company an "outperformer" rating in a research report on Tuesday, September 10th. Oppenheimer started coverage on shares of Rubrik in a report on Wednesday, November 13th. They set a "market perform" rating on the stock. Finally, Guggenheim upped their price target on shares of Rubrik from $52.00 to $72.00 and gave the company a "buy" rating in a report on Friday. One investment analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Rubrik currently has a consensus rating of "Buy" and a consensus price target of $60.59.
Get Our Latest Research Report on RBRK
Rubrik Company Profile
(
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.
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