Rubrik Inc’s filing revealed that its Chief Technology Officer Nithrakashyap Arvind unloaded Company’s shares for reported $2.43 million on Feb 05 ’25. In the deal valued at $74.85 per share,32,485 shares were sold. As a result of this transaction, Nithrakashyap Arvind now holds 219,279 shares worth roughly $ 17.12 million.
Then, Nithrakashyap Arvind sold 32,485 shares, generating $2,368,291 in total proceeds. Upon selling the shares at $72.90, the Chief Technology Officer now owns 219,279 shares.
Before that, Nithrakashyap Arvind sold 32,485 shares. Rubrik Inc shares valued at $2,301,610 were divested by the Chief Technology Officer at a price of $70.85 per share. As a result of the transaction, Nithrakashyap Arvind now holds 219,279 shares, worth roughly $17.12 million.
William Blair initiated its Rubrik Inc [RBRK] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Rosenblatt’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. BMO Capital Markets also remained covering RBRK and reiterated its “an Outperform” recommendation on December 06, 2024. Oppenheimer started covering the stock on November 13, 2024. It rated RBRK as “a Perform”.
Price Performance Review of RBRK
On Tuesday, Rubrik Inc [NYSE:RBRK] saw its stock jump 0.71% to $78.09. Over the last five days, the stock has gained 1.47%. Rubrik Inc shares have risen nearly 19.48% since the year began. SMA at 50 days reached $69.75, while 200 days put it at $44.12.
Levels Of Support And Resistance For RBRK Stock
The 24-hour chart illustrates a support level at 75.93, which if violated will result in even more drops to 73.76. On the upside, there is a resistance level at 79.33. A further resistance level may holdings at 80.56. The Relative Strength Index (RSI) on the 14-day chart is 62.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.86, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.96%. Stochastics %K at 79.78% indicates the stock is a holding.
The most recent change occurred on September 10, 2024 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $38.
