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Rubrik , Inc. NASDAQ:RBRK CEO Bipul Sinha sold 615807 shares of Class A Common Stock on September 12, 2025, at a price of $75.63, totaling $46573483. The transaction comes as the $15.38 billion cloud data management company maintains impressive 78% gross margins and nearly 48% year-over-year revenue growth. According to InvestingPro data, analysts maintain a Strong Buy consensus on the stock despite its recent 18% weekly decline. Following the transaction, Sinha directly owns 206652 shares of the company.
On the same day, Sinha also converted 765807 shares of Class B Common Stock to Class A Common Stock. In addition, Sinha gifted 150000 shares.
In other recent news, Rubrik Inc has reported strong fiscal second-quarter results, with revenue growth of 51% year-over-year, surpassing consensus estimates by 10%. This robust performance has led FBN Securities to raise its price target for Rubrik to $115, maintaining an Outperform rating. Truist Securities also reaffirmed its Buy rating with a $110 price target, highlighting that Rubrik exceeded the high end of guidance across all metrics, including revenue, annual recurring revenue (ARR), contribution margin, and earnings per share. BMO Capital echoed this sentiment, reiterating an Outperform rating and noting that Rubrik’s net new subscription ARR of $71 million significantly outpaced the consensus estimate of $44 million.
Piper Sandler maintained an Overweight rating with a $115 price target, acknowledging Rubrik’s solid quarterly performance even after accounting for subscription credits, net-early renewals, and duration extension impacts. KeyBanc raised its price target to $117, citing strong earnings and an ARR beat of $27 million, although slightly below previous quarters’ expectations. The company benefited from early renewals and expansions during this period. Overall, analysts have shown confidence in Rubrik’s recent achievements, reflecting positively on the company’s growth trajectory.
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