Rambus, Inc. (NASDAQ:RMBS) SVP Laura Stark sold 4,064 shares of the company’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $14.72, for a total transaction of $59,822.08. Following the sale, the senior vice president now directly owns 200,797 shares of the company’s stock, valued at approximately $2,955,731.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Friday, November 10th, Laura Stark sold 2,937 shares of Rambus stock. The stock was sold at an average price of $14.48, for a total transaction of $42,527.76.
  • On Wednesday, October 11th, Laura Stark sold 3,069 shares of Rambus stock. The stock was sold at an average price of $13.65, for a total transaction of $41,891.85.

Rambus, Inc. (RMBS) traded down $0.04 during mid-day trading on Tuesday, hitting $14.67. 1,333,514 shares of the stock were exchanged, compared to its average volume of 792,514. The company has a market capitalization of $1,610.44, a PE ratio of 29.34, a P/E/G ratio of 2.79 and a beta of 0.75. 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, Inc. has a 52-week low of $11.30 and a 52-week high of $15.50.

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

Hedge funds have recently bought and sold shares of the company. Engineers Gate Manager LP increased its stake in shares of Rambus by 611.4% in the second quarter. Engineers Gate Manager LP now owns 73,345 shares of the semiconductor company’s stock valued at $838,000 after buying an additional 63,035 shares during the period. Cipher Capital LP increased its stake in shares of Rambus by 25.2% in the second quarter. Cipher Capital LP now owns 298,503 shares of the semiconductor company’s stock valued at $3,412,000 after buying an additional 60,021 shares during the period. Aperio Group LLC increased its stake in shares of Rambus by 27.9% in the second quarter. Aperio Group LLC now owns 34,028 shares of the semiconductor company’s stock valued at $389,000 after buying an additional 7,419 shares during the period. Wesbanco Bank Inc. acquired a new position in shares of Rambus in the third quarter valued at approximately $761,000. Finally, GSA Capital Partners LLP increased its stake in shares of Rambus by 523.6% in the second quarter. GSA Capital Partners LLP now owns 137,897 shares of the semiconductor company’s stock valued at $1,576,000 after buying an additional 115,784 shares during the period. 77.04% of the stock is owned by hedge funds and other institutional investors.

Several research firms recently weighed in on RMBS. Zacks Investment Research raised shares of Rambus from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research report on Friday, October 27th. Citigroup increased their target price on shares of Rambus from $15.30 to $15.90 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Loop Capital reissued a “buy” rating and issued a $19.00 target price (up previously from $16.00) on shares of Rambus in a report on Tuesday, October 24th. TheStreet raised shares of Rambus from a “c+” rating to a “b-” rating in a report on Friday, October 13th. Finally, J P Morgan Chase & Co cut shares of Rambus from an “overweight” rating to a “neutral” rating and set a $15.00 target price for the company. in a report on Friday, September 22nd. 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. The company presently has a consensus rating of “Hold” and a consensus target price of $15.98.

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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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