Asia stocks rise: Japan surges on Takaichi bets, China buoyed by positive GDP
Rubrik, Inc. (RBRK) Chief Financial Officer Kiran Kumar Choudary, sold a total of 3,500 shares of Class A Common Stock on October 15, 2025, for approximately $279,236. The sales were executed in multiple transactions with prices ranging from $79.0 to $80.62. The transaction comes as Rubrik , now valued at $15.61 billion, has seen its stock surge over 100% in the past year despite an 8.66% decline last week. According to InvestingPro analysis, the company maintains impressive gross profit margins of 78%.
According to a Form 4 filing with the Securities and Exchange Commission, Choudary also exercised options to acquire 2,000 shares of Class A Common Stock at a price of $0.00. Additionally, 2,000 shares of Class B Common Stock were converted into Class A Common Stock. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 12 additional exclusive insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, Rubrik has reported impressive fiscal second-quarter results, showcasing a 51% year-over-year revenue growth that surpassed consensus estimates by 10%. The company also exceeded the high end of guidance across all metrics, including revenue, annual recurring revenue (ARR), contribution margin, and earnings per share. Following these strong results, FBN Securities raised its price target for Rubrik to $115, maintaining an Outperform rating. Truist Securities reiterated its Buy rating with a price target of $110, reflecting confidence in Rubrik’s performance. BMO Capital also reiterated an Outperform rating, highlighting Rubrik’s net new subscription ARR of $71 million, which significantly beat the consensus estimate of $44 million. Additionally, Rubrik announced the release of Rubrik Okta Recovery at the Oktane 2025 conference, expanding its identity recovery capabilities for Okta environments. The company further expanded its integration with CrowdStrike’s Falcon platform, enhancing identity security capabilities. These developments indicate a period of robust growth and strategic advancements for Rubrik.
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