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Brian K. McCarthy, Chief Revenue Officer of Rubrik, Inc. (NASDAQ:RBRK), recently sold 25,000 shares of the company’s Class A common stock. The sale, which took place on March 14, 2025, was executed at a weighted average price of approximately $70 per share, amounting to a total transaction value of $1.75 million. The transaction comes as Rubrik, now valued at $13.12 billion, has seen its stock surge over 91% in the past year and 124% over the last six months, according to InvestingPro data.
This transaction was conducted under a Rule 10b5-1 trading plan, which McCarthy adopted on June 27, 2024. Following this sale, McCarthy retains ownership of 331,043 shares in the company. The sale price ranged slightly from $70.00 to $70.05 per share, with the stock trading near its 52-week high of $80. InvestingPro analysis shows 14 analysts have recently revised their earnings upwards, with price targets ranging from $47 to $90. Get the complete analysis and more insights with InvestingPro’s comprehensive research report, available for over 1,400 US stocks.
In other recent news, Rubrik Inc has reported strong financial performance, with significant developments in its annual recurring revenue (ARR) and free cash flow (FCF). Analysts from Truist Securities maintained a Buy rating with a $90 price target, citing Rubrik’s impressive fourth-quarter results for fiscal year 2025, which exceeded guidance across several key metrics. The company’s fiscal year 2026 guidance also projects growth and profitability above market consensus. Piper Sandler raised Rubrik’s stock price target to $87, emphasizing the company’s transition to cloud-based services and its substantial ARR growth, which increased by 67% and now represents 80% of the total ARR.
BMO Capital Markets also adjusted their price target to $77, highlighting Rubrik’s accelerated net new subscription ARR growth and robust FCF results. Meanwhile, KeyBanc Capital Markets reduced their price target to $82, maintaining an Overweight rating, and noted Rubrik’s strong fourth-quarter results and promising fiscal year 2026 guidance that exceeded expectations. Additionally, Guggenheim analysts increased their price target to $80, reinforcing their Buy rating and commending Rubrik’s innovative approach to cybersecurity and strong financial results. These developments reflect a consistent recognition of Rubrik’s growth and strategic positioning in the competitive software market.
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