Media stories about Rambus (NASDAQ:RMBS) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Rambus earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 44.9325755709202 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Rambus (NASDAQ RMBS) traded up $0.09 on Friday, reaching $11.94. The company had a trading volume of 420,573 shares, compared to its average volume of 956,573. Rambus has a 52-week low of $11.30 and a 52-week high of $15.50. The firm has a market capitalization of $1,331.61, a PE ratio of -70.23, a price-to-earnings-growth ratio of 1.85 and a beta of 0.52. The company has a current ratio of 2.80, a quick ratio of 2.76 and a debt-to-equity ratio of 0.31.

Rambus (NASDAQ:RMBS) last announced its quarterly earnings results on Monday, January 29th. The semiconductor company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. Rambus had a positive return on equity of 9.56% and a negative net margin of 4.70%. The company had revenue of $101.89 million during the quarter, compared to analysts’ expectations of $101.25 million. During the same quarter in the previous year, the firm earned $0.16 earnings per share. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. research analysts forecast that Rambus will post 0.66 earnings per share for the current year.

Several equities analysts have recently issued reports on RMBS shares. TheStreet upgraded Rambus from a “c+” rating to a “b-” rating in a research report on Friday, October 13th. Loop Capital restated a “buy” rating and issued a $19.00 target price (up from $16.00) on shares of Rambus in a report on Tuesday, October 24th. Citigroup raised their target price on Rambus from $15.30 to $15.90 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Zacks Investment Research raised Rambus from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research report on Friday, October 27th. Finally, BidaskClub cut Rambus from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $16.32.

In other Rambus news, Director Eric B. Stang sold 6,000 shares of Rambus stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $12.33, for a total transaction of $73,980.00. Following the sale, the director now directly owns 11,792 shares of the company’s stock, valued at $145,395.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Laura Stark sold 4,064 shares of Rambus stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $14.72, for a total value of $59,822.08. Following the sale, the senior vice president now directly owns 200,797 shares in the company, valued at $2,955,731.84. The disclosure for this sale can be found here. Insiders sold 38,053 shares of company stock worth $538,982 over the last quarter. 2.00% of the stock is currently owned by corporate insiders.

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Rambus Company Profile

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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