Rubrik, Inc. (NYSE:RBRK – Get Free Report) CFO Kiran Kumar Choudary sold 4,500 shares of Rubrik stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $41.99, for a total transaction of $188,955.00. Following the completion of the transaction, the chief financial officer now owns 417,760 shares in the company, valued at approximately $17,541,742.40. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Kiran Kumar Choudary also recently made the following trade(s):
- On Friday, October 25th, Kiran Kumar Choudary sold 14,000 shares of Rubrik stock. The stock was 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 transaction 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 transaction 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 Price Performance
Shares of RBRK stock opened at $41.55 on Wednesday. The company has a 50-day moving average price of $35.30. Rubrik, Inc. has a twelve month low of $28.34 and a twelve month high of $43.95.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. Piper Sandler assumed coverage on Rubrik in a report on Monday, August 19th. They set an “overweight” rating and a $42.00 price objective on the stock. BMO Capital Markets cut 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. Baird R W upgraded shares of Rubrik to a “strong-buy” rating in a research note on Monday, July 15th. CIBC upped their target price on shares of Rubrik from $50.00 to $52.00 and gave the stock an “outperformer” rating in a research report on Tuesday, September 10th. Finally, Citigroup lifted their price target on shares of Rubrik from $47.00 to $48.00 and gave the company a “buy” rating in a research report on Wednesday, September 11th. Sixteen equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Rubrik has an average rating of “Buy” and a consensus target price of $45.00.
Get Our Latest Stock Report on Rubrik
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. Quent Capital LLC purchased a new stake in shares of Rubrik in the third quarter valued at $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 stake in Rubrik in the 2nd quarter worth about $227,000. Sei Investments Co. purchased a new stake in Rubrik in the 2nd quarter valued at about $235,000. Finally, PFG Investments LLC acquired a new position in shares of Rubrik during the 2nd quarter valued at about $242,000.
About Rubrik
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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