Rambus (NASDAQ: RMBS) recently received a number of ratings updates from brokerages and research firms:
- 2/5/2025 – Rambus was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
- 2/4/2025 – Rambus had its price target raised by analysts at Susquehanna from $66.00 to $70.00. They now have a “positive” rating on the stock.
- 2/4/2025 – Rambus had its price target raised by analysts at Wells Fargo & Company from $62.00 to $73.00. They now have an “overweight” rating on the stock.
- 2/4/2025 – Rambus is now covered by analysts at Evercore ISI. They set an “outperform” rating and a $71.00 price target on the stock.
- 2/4/2025 – Rambus had its price target raised by analysts at Rosenblatt Securities from $85.00 to $92.00. They now have a “buy” rating on the stock.
Rambus Trading Down 2.1 %
RMBS traded down $1.38 on Thursday, reaching $64.95. The company had a trading volume of 672,524 shares, compared to its average volume of 1,040,461. The company has a fifty day moving average of $59.58 and a 200-day moving average of $51.17. The company has a market capitalization of $6.92 billion, a P/E ratio of 39.13 and a beta of 1.26. Rambus Inc. has a one year low of $37.42 and a one year high of $69.15.
Insider Activity at Rambus
In other Rambus news, Director Meera Rao sold 5,408 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $58.22, for a total transaction of $314,853.76. Following the completion of the sale, the director now directly owns 29,090 shares of the company’s stock, valued at approximately $1,693,619.80. This represents a 15.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Xianzhi Sean Fan sold 52,327 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $68.02, for a total transaction of $3,559,282.54. Following the sale, the chief operating officer now directly owns 93,841 shares of the company’s stock, valued at $6,383,064.82. This represents a 35.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 62,360 shares of company stock worth $4,182,809 in the last 90 days. Corporate insiders own 1.00% of the company’s stock.
Institutional Trading of Rambus
Rambus Inc provides semiconductor products in the United States, South Korea, Singapore, and internationally. The company offers DDR memory interface chips, including DDR5 and DDR4 memory interface chips to module manufacturers, OEMs, and hyperscalers; silicon IP, such as interface and security IP solutions that move and protect data in advanced data center, government, and automotive applications; and interface IP solutions for high-speed memory and chip-to-chip digital controller IP.
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