Kiran Kumar Choudary Sells 2,670 Shares of Rubrik, Inc. (NYSE:RBRK) Stock

Rubrik, Inc. (NYSE:RBRKGet Free Report) CFO Kiran Kumar Choudary sold 2,670 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $45.07, for a total value of $120,336.90. Following the transaction, the chief financial officer now directly owns 396,160 shares of the company’s stock, valued at $17,854,931.20. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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 shares were sold at an average price of $45.04, for a total value 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 value of $77,670.00.
  • On Tuesday, October 22nd, Kiran Kumar Choudary sold 11,800 shares of Rubrik stock. The stock was 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.
  • 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 value 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 shares were 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 shares were sold at an average price of $31.41, for a total value of $1,630,932.84.

Rubrik Trading Up 1.1 %

RBRK traded up $0.49 during trading on Tuesday, hitting $44.81. The company had a trading volume of 950,398 shares, compared to its average volume of 1,494,219. Rubrik, Inc. has a one year low of $28.34 and a one year high of $45.90. The firm’s 50-day moving average price is $36.20 and its 200 day moving average price is $34.19.

Rubrik (NYSE:RBRKGet Free Report) last issued its quarterly earnings results 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 business had revenue of $204.95 million for the quarter, compared to analysts’ expectations of $195.58 million. As a group, research analysts anticipate that Rubrik, Inc. will post -7.94 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of RBRK. KBC Group NV acquired a new position in Rubrik in the 3rd quarter valued at approximately $72,000. Quent Capital LLC bought a new stake in shares of Rubrik in the third quarter valued at approximately $192,000. Mount Yale Investment Advisors LLC bought a new stake in Rubrik during the 3rd quarter worth approximately $208,000. Register Financial Advisors LLC purchased a new position in Rubrik in the 2nd quarter worth approximately $227,000. Finally, Whalen Wealth Management Inc. purchased a new position in Rubrik in the 3rd quarter worth approximately $243,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on RBRK shares. Baird R W upgraded Rubrik to a “strong-buy” rating in a research report on Monday, July 15th. BMO Capital Markets decreased their price target on shares of Rubrik from $40.00 to $38.00 and set an “outperform” rating for the company in a report on Tuesday, September 10th. Piper Sandler initiated coverage on shares of Rubrik in a report on Monday, August 19th. They set an “overweight” rating and a $42.00 price target for the company. CIBC upped their price target on shares of Rubrik from $50.00 to $52.00 and gave the company an “outperformer” rating in a report on Tuesday, September 10th. Finally, Citigroup increased their target price on shares of Rubrik from $47.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday, September 11th. Sixteen analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $45.00.

View Our Latest Stock Report on Rubrik

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.

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Insider Buying and Selling by Quarter for Rubrik (NYSE:RBRK)

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