Rambus, Inc. (NASDAQ:RMBS) SVP Laura Stark sold 2,937 shares of the business’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $14.48, for a total transaction of $42,527.76. Following the transaction, the senior vice president now owns 205,966 shares in the company, valued at $2,982,387.68. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Laura Stark also recently made the following trade(s):

  • On Wednesday, October 11th, Laura Stark sold 3,069 shares of Rambus stock. The shares were sold at an average price of $13.65, for a total transaction of $41,891.85.
  • On Monday, September 11th, Laura Stark sold 4,065 shares of Rambus stock. The stock was sold at an average price of $12.96, for a total transaction of $52,682.40.

Shares of Rambus, Inc. (NASDAQ RMBS) traded down $0.05 during trading hours on Wednesday, reaching $14.56. 1,348,300 shares of the company were exchanged, compared to its average volume of 757,169. The company has a market capitalization of $1,603.86, a PE ratio of 29.22, a PEG ratio of 2.78 and a beta of 0.76. Rambus, Inc. has a 12-month low of $11.30 and a 12-month high of $14.90. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.37 and a quick ratio of 1.34.

Rambus (NASDAQ:RMBS) last released its earnings results on Monday, October 23rd. The semiconductor company reported $0.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.02. The firm had revenue of $99.10 million during the quarter, compared to analyst estimates of $99.00 million. Rambus had a net margin of 2.54% and a return on equity of 9.79%. The business’s revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.16 EPS. equities analysts anticipate that Rambus, Inc. will post 0.52 earnings per share for the current year.

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A number of brokerages recently issued reports on RMBS. BidaskClub cut shares of Rambus from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 23rd. Zacks Investment Research upgraded shares of Rambus from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a report on Friday, October 27th. TheStreet upgraded shares of Rambus from a “c+” rating to a “b-” rating in a report on Friday, October 13th. Loop Capital reiterated a “buy” rating and issued a $19.00 price objective (up from $16.00) on shares of Rambus in a report on Tuesday, October 24th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $14.00 price objective (up from $13.50) on shares of Rambus in a report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. Rambus presently has a consensus rating of “Hold” and a consensus price target of $15.98.

Institutional investors have recently added to or reduced their stakes in the business. Engineers Gate Manager LP lifted its position in Rambus by 611.4% during the 2nd quarter. Engineers Gate Manager LP now owns 73,345 shares of the semiconductor company’s stock worth $838,000 after acquiring an additional 63,035 shares during the last quarter. Cipher Capital LP lifted its position in Rambus by 25.2% during the 2nd quarter. Cipher Capital LP now owns 298,503 shares of the semiconductor company’s stock worth $3,412,000 after acquiring an additional 60,021 shares during the last quarter. Aperio Group LLC lifted its position in Rambus by 27.9% during the 2nd quarter. Aperio Group LLC now owns 34,028 shares of the semiconductor company’s stock worth $389,000 after acquiring an additional 7,419 shares during the last quarter. BlackRock Inc. lifted its position in Rambus by 17,759.2% during the 1st quarter. BlackRock Inc. now owns 14,458,840 shares of the semiconductor company’s stock worth $189,990,000 after acquiring an additional 14,377,880 shares during the last quarter. Finally, GSA Capital Partners LLP lifted its position in Rambus by 523.6% during the 2nd quarter. GSA Capital Partners LLP now owns 137,897 shares of the semiconductor company’s stock worth $1,576,000 after acquiring an additional 115,784 shares during the last quarter. 75.59% of the stock is owned by hedge funds and other institutional investors.

About Rambus

Rambus Inc (Rambus) produces hardware and software technologies. The Company’s segments include Memory and Interface Division (MID), which focuses the design, development, manufacturing through partnerships and licensing of technology and solutions that is related to memory and interfaces; Rambus Security Division (RSD), which focuses on the design, development and licensing of technologies for chip and system security, anti-counterfeiting, smart ticketing and mobile payments; Emerging Solutions Division (ESD), which encompasses its long-term research and development efforts in the area of emerging technologies, and Rambus Lighting Division (RLD), which focuses on the design, development and licensing of technologies for lighting.

Insider Buying and Selling by Quarter for Rambus (NASDAQ:RMBS)

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