Rubrik Inc’s recent filing unveils that its Chief Revenue Officer McCarthy Brian K. unloaded Company’s shares for reported $4.33 million on Jan 07 ’25. In the deal valued at $66.06 per share,65,517 shares were sold. As a result of this transaction, McCarthy Brian K. now holds 406,043 shares worth roughly $25.77 million.
Then, Choudary Kiran Kumar sold 1,800 shares, generating $112,680 in total proceeds. Upon selling the shares at $62.60, the Chief Financial Officer now owns 342,174 shares.
Before that, Nithrakashyap Arvind sold 32,499 shares. Rubrik Inc shares valued at $2,198,826 were divested by the Chief Technology Officer at a price of $67.66 per share. As a result of the transaction, Nithrakashyap Arvind now holds 0 shares, worth roughly $0.0.
Rosenblatt initiated its Rubrik Inc [RBRK] rating to a Neutral in a research note published on December 17, 2024; the price target was $77. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in early December has reiterated a ‘”an Outperform”‘ rating for it. Oppenheimer began covering RBRK with “Perform” recommendation on November 13, 2024. BMO Capital Markets maintained its rating on September 10, 2024. It rated RBRK as “an Outperform”.
Price Performance Review of RBRK
On Friday, Rubrik Inc [NYSE:RBRK] saw its stock jump 0.43% to $63.46. Over the last five days, the stock has lost -4.36%. Rubrik Inc shares have fallen nearly -2.91% since the year began.
Levels Of Support And Resistance For RBRK Stock
The 24-hour chart illustrates a support level at 61.33, which if violated will result in even more drops to 59.19. On the upside, there is a resistance level at 64.80. A further resistance level may holdings at 66.13. The Relative Strength Index (RSI) on the 14-day chart is 50.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.80%. Stochastics %K at 16.01% indicates the stock is a buying.
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.
The most recent change occurred on August 19, 2024 when Piper Sandler began covering the stock and recommended ‘”an Overweight”‘ rating along with a $42 price target.
