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Yvonne Wassenaar, a director at Rubrik, Inc. (NASDAQ:RBRK), recently sold shares of the company’s stock, according to a filing with the Securities and Exchange Commission. The sale comes amid a remarkable period for Rubrik, with the stock surging nearly 27% in the past week and showing a substantial 111% gain over the last six months. According to InvestingPro data, the company currently has a market capitalization of $13.1 billion. On March 18, Wassenaar sold a total of 3,000 shares of Rubrik’s Class A Common Stock. The shares were sold in two separate transactions, with prices ranging from $69.94 to $70.40 per share. The total value of these transactions amounted to $210,096. Based on InvestingPro analysis, the stock appears to be trading above its Fair Value, with 14 analysts recently revising their earnings expectations upward for the upcoming period. The analyst consensus price targets range from $47 to $90 per share.
The sales were executed as part of a pre-established Rule 10b5-1 trading plan, which was adopted on July 5, 2024. Following these transactions, Wassenaar holds 153 shares of Class A Common Stock directly. Additionally, a conversion of 3,000 shares of Class B Common Stock into Class A Common Stock was reported, although this transaction was not associated with a purchase or sale and thus did not impact the total transaction value. For deeper insights into Rubrik’s valuation metrics and comprehensive analysis, access the full Pro Research Report available exclusively on InvestingPro.
In other recent news, Rubrik Inc has reported a robust fourth-quarter performance for fiscal year 2025, with results surpassing the upper limits of their guidance across key metrics such as annual recurring revenue (ARR), total revenue, and free cash flow (FCF). The company’s guidance for fiscal year 2026 also projects growth and profitability that exceed market consensus. Guggenheim analysts have raised their price target for Rubrik to $80, maintaining a Buy rating, citing the company’s innovative approach to cybersecurity and impressive profit performance. Similarly, BMO Capital Markets lifted Rubrik’s price target to $77, maintaining an Outperform rating, highlighting strong performance indicators and a forecast for FY26 subscription ARR growth that surpasses consensus estimates.
Truist Securities reaffirmed a $90 price target with a Buy rating, emphasizing Rubrik’s unique position as a provider of both cyber resiliency and data security posture management solutions. Piper Sandler increased the price target to $87, maintaining an Overweight rating, and noted significant growth in Rubrik’s Cloud ARR, which ended the year with a 67% increase. KeyBanc Capital Markets adjusted Rubrik’s price target to $82, maintaining an Overweight rating, despite a reduction due to lower peer multiples. Analysts from KeyBanc highlighted Rubrik’s strong fiscal quarter results and positive future guidance, indicating optimism about the company’s growth potential in the backup and recovery market.
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