Rubrik director Yvonne Wassenaar sells shares price $168,990

On January 15, Yvonne Wassenaar, a director at Rubrik, Inc. (NASDAQ:RBRK), a cloud knowledge administration firm with a market capitalization of $12.36 billion, executed a number of transactions involving the corporate’s Class A Widespread Inventory. Wassenaar offered a complete of two,500 shares, producing proceeds of roughly $168,990. The gross sales have been executed at costs starting from $65.18 to $68.59 per share, amid the inventory’s spectacular 96% surge over the previous six months.

These transactions have been a part of a Rule 10b5-1 buying and selling plan, which was adopted on July 5, 2024. After these gross sales, Wassenaar now not holds any shares of Rubrik’s Class A Widespread Inventory. In response to InvestingPro evaluation, the inventory seems to be buying and selling close to its Truthful Worth, with 8 extra key insights out there to subscribers.

Moreover, Wassenaar acquired 153 shares of Class A Widespread Inventory by a grant of restricted inventory models that have been absolutely vested on the time of the grant. These acquisitions didn’t contain any money transactions. InvestingPro knowledge exhibits Rubrik has maintained sturdy momentum, delivering an 84% return over the previous 12 months, although analysts do not count on profitability within the present 12 months.

In different latest information, Rubrik Inc has seen vital monetary developments. Piper Sandler and Mizuho (NYSE:MFG) Securities have upgraded their value targets for Rubrik to $83 and $82 respectively, whereas sustaining constructive scores. This follows Rubrik’s latest earnings report, the place the info administration agency surpassed earnings estimates and reported sturdy income development of 24.7%.

The corporate’s complete income reached $236.2 million, exceeding the $217.6 million estimate. Rubrik additionally reported an adjusted loss per share of 21 cents, considerably higher than the estimated lack of 40 cents per share. These sturdy outcomes led to upward revisions in Rubrik’s full-year 2025 steering for key monetary metrics, together with income and earnings per share.

BMO Capital Markets and Truist Securities additionally responded positively to those developments, elevating their value targets for Rubrik and sustaining their constructive scores on the inventory. Rubrik’s latest success is essentially attributed to the corporate’s sturdy knowledge administration platform and its effectiveness in delivering top-tier cyber resiliency. These are the latest developments that buyers ought to observe.

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