In a filing, Rubrik Inc revealed its Officer Arvind Nithrakashyap acquired Company’s shares for reported $20.72 million on Feb 03 ’25. In the deal valued at $70.87 per share,292,360 shares were bought.
Then, Choudary Kiran Kumar sold 1,800 shares, generating $119,736 in total proceeds. Upon selling the shares at $66.52, the Chief Financial Officer now owns 341,374 shares.
Before that, Wassenaar Yvonne sold 2,500 shares. Rubrik Inc shares valued at $168,990 were divested by the Director at a price of $67.60 per share. As a result of the transaction, Wassenaar Yvonne 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 Tuesday, Rubrik Inc [NYSE:RBRK] saw its stock jump 4.53% to $74.08. Over the last five days, the stock has gained 1.22%. Rubrik Inc shares have risen nearly 13.34% since the year began.
Levels Of Support And Resistance For RBRK Stock
The 24-hour chart illustrates a support level at 71.39, which if violated will result in even more drops to 68.70. On the upside, there is a resistance level at 75.48. A further resistance level may holdings at 76.88. The Relative Strength Index (RSI) on the 14-day chart is 62.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.40%. Stochastics %K at 69.48% indicates the stock is a holding.
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.
