The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Rubrik Inc shares valued at $520,720 were purchased by YVONNE WASSENAAR on Jan 15 ’25. At $65.09 per share, YVONNE WASSENAAR acquired 8,000 shares.
Also, Arvind Nithrakashyap purchased 227,596 shares, netting a total of over 14,770,980 in proceeds.
Before that, JOHN AND SANDRA THOMPSON TRUST had added 36,036 shares to its account. In a trade valued at $2,344,142, the Director bought Rubrik Inc shares for $65.05 each.
As published in their initiating research note from Rosenblatt on December 17, 2024, Rubrik Inc [RBRK] has been a Neutral and the price target has been revised to $77. Analysts at BMO Capital Markets resumed the stock at ‘”an Outperform”‘ outlook in a report released in early December. As of November 13, 2024, Oppenheimer has initiated its “Perform” rating for RBRK. Earlier on September 10, 2024, BMO Capital Markets resumed its rating. Their recommendation was “an Outperform” for RBRK stock.
Analyzing RBRK Stock Performance
During the last five days, there has been a surge of approximately 3.71%. Over the course of the year, Rubrik Inc shares have jumped approximately 2.10%. Nevertheless, trading volume fell to 2.5 million shares from 1.74 million shares the previous day.
Support And Resistance Levels for Rubrik Inc (RBRK)
According to the 24-hour chart, there is a support level at 64.61, which, if violated, would cause prices to drop to 62.49. In the upper region, resistance lies at 68.80. The next price resistance is at 70.87. RSI (Relative Strength Index) is 57.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.66, which suggests the price will decrease in the coming days. Percent R is at 42.43%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
