Rubrik director John Thompson sells shares price $582,848

Following these transactions, Thompson, who serves as a co-trustee for the John and Sandra Thompson Belief, not holds any shares immediately below this belief. These gross sales have been executed as a part of a pre-established Rule 10b5-1 buying and selling plan, which was adopted in October 2024. The transactions mirror ongoing buying and selling exercise by insiders at Rubrik, an organization identified for its providers in prepackaged software program. With a market capitalization of $12.36 billion and robust income progress of 33% within the final twelve months, Rubrik has caught analysts’ consideration, with value targets starting from $47 to $83. InvestingPro evaluation reveals 8 further key insights about Rubrik’s monetary well being and progress prospects, obtainable within the complete Professional Analysis Report. With a market capitalization of $12.36 billion and robust income progress of 33% within the final twelve months, Rubrik has caught analysts’ consideration, with value targets starting from $47 to $83. InvestingPro evaluation reveals 8 further key insights about Rubrik’s monetary well being and progress prospects, obtainable within the complete Professional Analysis Report.

Following these transactions, Thompson, who serves as a co-trustee for the John and Sandra Thompson Belief, not holds any shares immediately below this belief. These gross sales have been executed as a part of a pre-established Rule 10b5-1 buying and selling plan, which was adopted in October 2024. The transactions mirror ongoing buying and selling exercise by insiders at Rubrik, an organization identified for its providers in prepackaged software program.

In different latest information, Rubrik Inc has been making important strides in its monetary efficiency. The information administration firm reported robust income progress of 24.7% and exceeded earnings estimates, with a reported adjusted loss per share of 21 cents, considerably higher than the estimated lack of 40 cents per share. Rubrik’s complete income reached $236.2 million, surpassing the $217.6 million estimate. These strong outcomes led to upward revisions in Rubrik’s full-year 2025 steerage for key monetary metrics, together with income and earnings per share.

Analyst corporations Piper Sandler, Mizuho (NYSE:MFG) Securities, and BMO Capital Markets have all responded positively to those developments, elevating their value targets for Rubrik and sustaining their optimistic rankings on the inventory. Piper Sandler adjusted its outlook on Rubrik, rising the value goal to $83 from the earlier $72 whereas sustaining an Chubby score on the inventory. Mizuho Securities maintained its optimistic stance on Rubrik, elevating the corporate’s value goal to $82 from $75 whereas reiterating an Outperform score. BMO Capital Markets adjusted its outlook on Rubrik by considerably rising the value goal from $38.00 to $72.00, sustaining its Outperform score on the inventory.

These are latest developments that traders ought to notice. Rubrik’s robust efficiency is basically attributed to its strong information administration platform and its effectiveness in delivering top-tier cyber resiliency. The corporate’s dedication to information safety and operationalization, mixed with its superior ransomware defenses, considerably distinguishes the corporate from its opponents.

This text was generated with the help of AI and reviewed by an editor. For extra info see our T&C.