Rambus, Inc. (NASDAQ:RMBS) SVP Jae Kim sold 7,000 shares of Rambus stock in a transaction on Monday, December 4th. The shares were sold at an average price of $14.90, for a total transaction of $104,300.00. Following the completion of the transaction, the senior vice president now owns 99,580 shares in the company, valued at approximately $1,483,742. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Rambus, Inc. (NASDAQ:RMBS) traded up $0.02 during trading hours on Tuesday, hitting $14.75. 1,016,358 shares of the company traded hands, compared to its average volume of 790,051. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.37 and a quick ratio of 1.34. The firm has a market cap of $1,630.20, a price-to-earnings ratio of 29.70, a price-to-earnings-growth ratio of 2.83 and a beta of 0.75. Rambus, Inc. has a 1-year low of $11.30 and a 1-year high of $15.50.

Rambus (NASDAQ:RMBS) last posted its earnings results on Monday, October 23rd. The semiconductor company reported $0.19 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.02. The business had revenue of $99.10 million for 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 quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.16 EPS. equities research analysts forecast that Rambus, Inc. will post 0.52 EPS for the current year.

RMBS has been the topic of a number of research analyst reports. Loop Capital reiterated a “buy” rating and issued a $16.00 price target on shares of Rambus in a report on Tuesday, August 22nd. J P Morgan Chase & Co lowered shares of Rambus from an “overweight” rating to a “neutral” rating and set a $15.00 price target on the stock. in a report on Friday, September 22nd. Zacks Investment Research lowered shares of Rambus from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Citigroup lifted their price target on shares of Rambus from $15.30 to $15.90 and gave the company a “buy” rating in a report on Wednesday, October 25th. Finally, TheStreet upgraded shares of Rambus from a “c+” rating to a “b-” rating in a report on Friday, October 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. Rambus currently has a consensus rating of “Hold” and an average price target of $15.98.

Several large investors have recently bought and sold shares of RMBS. Ameritas Investment Partners Inc. lifted its holdings in shares of Rambus by 9.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 9,734 shares of the semiconductor company’s stock valued at $111,000 after acquiring an additional 822 shares in the last quarter. Zions Bancorporation acquired a new position in shares of Rambus during the 3rd quarter valued at $122,000. Shelton Capital Management acquired a new position in shares of Rambus during the 2nd quarter valued at $126,000. Trexquant Investment LP acquired a new position in shares of Rambus during the 2nd quarter valued at $137,000. Finally, Petrus Trust Company LTA acquired a new position in shares of Rambus during the 2nd quarter valued at $138,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

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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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