In a filing, Rubrik Inc revealed its Chief Revenue Officer McCarthy Brian K. unloaded Company’s shares for reported $1.26 million on Nov 22 ’24. In the deal valued at $50.38 per share,25,000 shares were sold. As a result of this transaction, McCarthy Brian K. now holds 362,545 shares worth roughly $18.13 million.
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Then, Choudary Kiran Kumar sold 10,000 shares, generating $503,100 in total proceeds. Upon selling the shares at $50.31, the Chief Financial Officer now owns 374,560 shares.
Before that, Choudary Kiran Kumar sold 1,800 shares. Rubrik Inc shares valued at $81,000 were divested by the Chief Financial Officer at a price of $45.00 per share. As a result of the transaction, Choudary Kiran Kumar now holds 384,560 shares, worth roughly $19.24 million.
Oppenheimer initiated its Rubrik Inc [RBRK] rating to a Perform in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in early September has reiterated a ‘”an Outperform”‘ rating for it. Piper Sandler began covering RBRK with “an Overweight” recommendation on August 19, 2024. Robert W. Baird started covering the stock on July 15, 2024. It rated RBRK as “an Outperform”.
Price Performance Review of RBRK
On Tuesday, Rubrik Inc [NYSE:RBRK] saw its stock fall -0.73% to $50.02. Over the last five days, the stock has gained 13.14%. Rubrik Inc shares have risen nearly 35.19% since the year began.
Levels Of Support And Resistance For RBRK Stock
The 24-hour chart illustrates a support level at 49.43, which if violated will result in even more drops to 48.83. On the upside, there is a resistance level at 50.96. A further resistance level may holdings at 51.89. The Relative Strength Index (RSI) on the 14-day chart is 75.52, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.45, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 25.42%. Stochastics %K at 82.50% indicates the stock is a selling.
How much short interest is there in Rubrik Inc?
A steep rise in short interest was recorded in Rubrik Inc stocks on 2024-11-15, dropping by -0.54 million shares to a total of 4.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 4.9 million shares. There was a decline of -12.33%, which implies that there is a negative sentiment for the stock.
