First Trust Advisors LP Has $26.43 Million Position in Rambus, Inc. $RMBS

First Trust Advisors LP lifted its stake in Rambus, Inc. (NASDAQ:RMBS) by 2.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 307,244 shares of the semiconductor company’s stock after buying an additional 7,088 shares during the period. First Trust Advisors LP’s holdings in Rambus were worth $26,432,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Acumen Wealth Advisors LLC bought a new position in Rambus during the fourth quarter valued at about $25,000. Torren Management LLC bought a new stake in shares of Rambus in the 4th quarter worth approximately $26,000. Spire Wealth Management grew its holdings in shares of Rambus by 199.0% during the 4th quarter. Spire Wealth Management now owns 302 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 201 shares in the last quarter. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Rambus during the 4th quarter worth approximately $28,000. Finally, IFP Advisors Inc increased its position in shares of Rambus by 126.7% during the third quarter. IFP Advisors Inc now owns 442 shares of the semiconductor company’s stock valued at $47,000 after purchasing an additional 247 shares during the period. 88.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on RMBS. Benchmark restated a “buy” rating on shares of Rambus in a research note on Tuesday. Glj Research set a $165.00 price target on shares of Rambus in a research note on Tuesday. Jefferies Financial Group boosted their price target on shares of Rambus from $120.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Wells Fargo & Company increased their price objective on shares of Rambus from $115.00 to $145.00 and gave the company an “overweight” rating in a research note on Tuesday, April 28th. Finally, Evercore reiterated an “outperform” rating and set a $172.00 target price on shares of Rambus in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $139.78.

Insider Activity

In other Rambus news, EVP Xianzhi Sean Fan sold 37,914 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $151.69, for a total value of $5,751,174.66. Following the transaction, the executive vice president directly owned 168,358 shares in the company, valued at $25,538,225.02. The trade was a 18.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Necip Sayiner sold 5,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $170.15, for a total transaction of $850,750.00. Following the sale, the director directly owned 18,223 shares in the company, valued at $3,100,643.45. This represents a 21.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 62,914 shares of company stock worth $9,724,775 over the last 90 days. 0.75% of the stock is currently owned by company insiders.

Key Stories Impacting Rambus

Here are the key news stories impacting Rambus this week:

• Positive Sentiment: Rambus exceeded expectations. Q2 revenue rose 20.4% year over year to approximately $207.4 million, above the roughly $199.3 million consensus estimate. Non-GAAP EPS was $0.77, ahead of the $0.72 consensus and up from $0.60 a year earlier. Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
• Positive Sentiment: AI and data-center demand is accelerating growth. Record product sales, strong DDR5 momentum and increasing demand for memory solutions used in artificial-intelligence infrastructure supported the quarter. Rambus also highlighted expanding opportunities for its silicon intellectual-property business. Rambus Q2 Results Highlight AI-Fueled Growth Strategy
• Positive Sentiment: Management provided an upbeat third-quarter outlook. The guidance suggests continued growth, while Rosenblatt Securities reaffirmed its Buy rating and maintained a $165 price target, indicating substantial potential upside from the recent trading level. Rosenblatt Securities rating update
• Neutral Sentiment: The earnings beat and guidance reinforce the long-term AI-memory growth narrative, but the market’s reaction suggests investors may have expected an even larger upside surprise. Rambus trades at a premium valuation, making the shares sensitive to changes in growth expectations. Rambus Q2 Earnings Surpass Estimates, Revenues Rise Year over Year
• Negative Sentiment: The immediate pullback indicates a possible “sell-the-news” reaction. Despite the beat-and-raise quarter, investors may be locking in gains following the stock’s earlier advance, while elevated expectations and valuation are limiting the benefit of the positive results. Rambus Q2 2026 Earnings Call Highlights

Rambus Price Performance

Rambus stock opened at $87.75 on Wednesday. The business has a 50 day simple moving average of $127.54 and a 200 day simple moving average of $114.37. The company has a market capitalization of $9.49 billion, a PE ratio of 40.25 and a beta of 1.84. Rambus, Inc. has a one year low of $65.31 and a one year high of $174.10.

Rambus (NASDAQ:RMBS) last released its quarterly earnings data on Monday, April 27th. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.02. The firm had revenue of $180.19 million during the quarter, compared to analyst estimates of $179.94 million. Rambus had a return on equity of 18.28% and a net margin of 31.69%. Equities analysts anticipate that Rambus, Inc. will post 2.44 earnings per share for the current fiscal year.

About Rambus

Rambus Inc is a technology licensing company specializing in semiconductor and system-level interface solutions. Founded in 1990 by Stanford University researchers Mike Farmwald and Mark Horowitz, Rambus established its headquarters in Sunnyvale, California. The company initially gained prominence by developing high-speed DRAM interface technology and securing a broad patent portfolio covering memory architecture, data signaling and power management innovations.

Today, Rambus licenses its proprietary intellectual property (IP) to semiconductor companies, original equipment manufacturers (OEMs) and system integrators worldwide.