In a filing, Rubrik Inc revealed its Chief Technology Officer Nithrakashyap Arvind unloaded Company’s shares for reported $2.07 million on Mar 03 ’25. In the deal valued at $63.77 per share,32,485 shares were sold. As a result of this transaction, Nithrakashyap Arvind now holds 219,279 shares worth roughly $15.53 million.
Then, Nithrakashyap Arvind sold 32,484 shares, generating $2,000,652 in total proceeds. Upon selling the shares at $61.59, the Chief Technology Officer now owns 219,279 shares.
Before that, Nithrakashyap Arvind sold 32,484 shares. Rubrik Inc shares valued at $1,966,554 were divested by the Chief Technology Officer at a price of $60.54 per share. As a result of the transaction, Nithrakashyap Arvind now holds 219,279 shares, worth roughly $15.53 million.
BMO Capital Markets reiterated its Rubrik Inc [RBRK] rating to an Outperform in a research note published on March 14, 2025; the price target was $77. A number of analysts have revised their coverage, including Rosenblatt’s analysts, who increased its forecast for the stock in mid March from “a Neutral” to “a Buy”. William Blair began covering RBRK with “Mkt perform” recommendation on February 07, 2025. Rosenblatt started covering the stock on December 17, 2024. It rated RBRK as “a Neutral”.
Price Performance Review of RBRK
On Monday, Rubrik Inc [NYSE:RBRK] saw its stock jump 0.28% to $70.84. Over the last five days, the stock has gained 36.65%. Rubrik Inc shares have risen nearly 8.38% since the year began. SMA at 50 days reached $68.19, while 200 days put it at $46.92.
Levels Of Support And Resistance For RBRK Stock
The 24-hour chart illustrates a support level at 68.50, which if violated will result in even more drops to 66.15. On the upside, there is a resistance level at 72.80. A further resistance level may holdings at 74.75. The Relative Strength Index (RSI) on the 14-day chart is 57.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.36%. Stochastics %K at 70.98% 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 2025-02-28, growing by 0.13 million shares to a total of 8.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.82 million shares. There was a rise of 1.44%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 06, 2024 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $72.
