Rubrik CTO Arvind sells $6.39m in inventory

Nithrakashyap Arvind (NS:ARVN), Chief Know-how Officer of Rubrik, Inc. (NASDAQ:RBRK), an organization presently valued at $11.92 billion and displaying spectacular positive factors of over 70% previously yr, lately executed important inventory transactions as disclosed in a current SEC submitting. In accordance with InvestingPro evaluation, the inventory seems overvalued at present ranges. On January sixth, Arvind bought 57,809 shares of Rubrik’s Class A Widespread Inventory throughout a number of transactions. The shares had been bought at costs starting from $66.55 to $70.06 per share, amounting to a complete worth of roughly $3.76 million. These costs fall inside analysts’ goal vary of $47 to $83, with InvestingPro information displaying robust income development of 33% over the past twelve months.

The next day, January seventh, Arvind continued to promote extra shares, totaling 32,485 shares, at costs between $64.58 and $68.10 per share. These transactions added as much as one other $2.12 million. Lastly, on January eighth, he bought 32,485 shares at costs from $63.18 to $64.52, totaling roughly $510,000.

These transactions had been performed beneath a Rule 10b5-1 buying and selling plan, which permits insiders to arrange a predetermined plan to promote firm inventory, serving to to keep away from considerations about insider buying and selling. After these gross sales, Arvind holds no shares instantly.

In different current information, Rubrik Inc has been making important strides in its monetary efficiency. Piper Sandler elevated Rubrik’s value goal to $83 from the earlier $72 whereas sustaining an Obese ranking on the inventory. This adjustment got here after the discharge of Rubrik’s 10-Q monetary report, resulting in a refinement of future estimates, notably for fiscal years 2026-2027. Moreover, Mizuho (NYSE:MFG) Securities maintained a optimistic stance on Rubrik’s inventory, elevating the corporate’s value goal to $82 from $75 whereas reiterating an Outperform ranking. The agency’s confidence in Rubrik’s sturdy information administration platform and its main cyber resiliency options prompted this endorsement.

BMO Capital Markets considerably elevated the value goal for Rubrik from $38.00 to $72.00, sustaining its Outperform ranking. This improve was pushed by Rubrik’s notably robust October quarter, the place the corporate demonstrated spectacular income development of 24.7% and surpassed annual recurring income (ARR) development estimates. Additionally, Truist Securities elevated Rubrik’s value goal to $75 from the earlier $50, recognizing Rubrik’s distinctive market place as the only real supplier of each cyber resiliency and information safety administration.

Rubrik reported an adjusted loss per share of 21 cents, considerably higher than the estimated lack of 40 cents per share, and complete income reached $236.2 million, surpassing the $217.6 million estimate. These optimistic outcomes led to upward revisions in Rubrik’s full-year 2025 steering for key monetary metrics, together with income and earnings per share. These are the current developments that traders ought to be aware.

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