Mark D. McLaughlin, Director at Rubrik, Inc. (RBRK), bought 10,638 shares at $47.21 ($502K) on 2026-03-30, disclosed to the SEC on 2026-04-01.
Director Mark D. McLaughlin purchased 10,638 shares for $502k, marking the largest insider purchase in the company's history. This significant buy suggests insiders see value in the stock after it has dropped over 36% over the last 90 days.
The stock is currently trading at $48.59, down 36.47% over the last 90 days but still 8.58% above its 52-week low of $44.75.
Wolfe Research initiated coverage with an Outperform rating and a $70 price target on May 5, 2026. Baron Opportunity Fund picked Rubrik on May 19, 2026, citing layered growth signals. Additionally, the trade represents the largest insider purchase in the company's history, signaling strong conviction.
The stock trades at a high forward P/E of 112.94, which could limit upside if growth slows. Additionally, short interest is high at 8.1% of the float, creating potential volatility.
Clearly above the average filing.
| Filing → |
| PANW | SELL | 2022-10-25 | $224K | — | Filing → |
| PANW | SELL | 2022-03-22 | $5.7M | — | Filing → |
| PANW | SELL | 2021-12-07 | $1.0M | — | Filing → |