Rambus, Inc. (NASDAQ:RMBS) SVP Laura Stark sold 2,940 shares of the firm’s stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $14.10, for a total transaction of $41,454.00. Following the transaction, the senior vice president now directly owns 199,673 shares of the company’s stock, valued at approximately $2,815,389.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, December 11th, Laura Stark sold 4,064 shares of Rambus stock. The stock was sold at an average price of $14.72, for a total transaction of $59,822.08.
  • 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.

Rambus, Inc. (NASDAQ:RMBS) traded up $0.01 on Friday, reaching $14.36. 453,760 shares of the company’s stock were exchanged, compared to its average volume of 749,756. Rambus, Inc. has a one year low of $11.30 and a one year high of $15.50. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $1,580.00, a PE ratio of 159.56, a price-to-earnings-growth ratio of 2.59 and a beta of 0.74.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Schwab Charles Investment Management Inc. grew its position in shares of Rambus by 8.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 482,936 shares of the semiconductor company’s stock valued at $5,520,000 after purchasing an additional 36,605 shares during the period. Legal & General Group Plc grew its position in shares of Rambus by 12.3% in the second quarter. Legal & General Group Plc now owns 216,484 shares of the semiconductor company’s stock valued at $2,475,000 after purchasing an additional 23,686 shares during the period. BNP Paribas Arbitrage SA grew its position in shares of Rambus by 56.4% in the second quarter. BNP Paribas Arbitrage SA now owns 37,605 shares of the semiconductor company’s stock valued at $430,000 after purchasing an additional 13,557 shares during the period. Principal Financial Group Inc. grew its position in shares of Rambus by 0.6% in the second quarter. Principal Financial Group Inc. now owns 863,732 shares of the semiconductor company’s stock valued at $9,873,000 after purchasing an additional 5,080 shares during the period. Finally, Swiss National Bank grew its position in shares of Rambus by 3.8% in the second quarter. Swiss National Bank now owns 187,800 shares of the semiconductor company’s stock valued at $2,147,000 after purchasing an additional 6,900 shares during the period. 77.01% of the stock is owned by institutional investors.

A number of research analysts have weighed in on RMBS shares. TheStreet raised shares of Rambus from a “c+” rating to a “b-” rating in a report on Friday, October 13th. 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 report on Friday, October 27th. Citigroup lifted their price objective on shares of Rambus from $15.30 to $15.90 and gave the company a “buy” rating in a report on Wednesday, October 25th. Loop Capital reaffirmed a “buy” rating and issued a $19.00 price objective (up previously from $16.00) on shares of Rambus in a report on Tuesday, October 24th. Finally, BidaskClub cut shares of Rambus from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The company 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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