Rambus, Inc. (NASDAQ:RMBS) SVP Laura Stark sold 2,937 shares of Rambus stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $14.48, for a total transaction of $42,527.76. Following the transaction, the senior vice president now owns 205,966 shares of the company’s stock, valued at $2,982,387.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Wednesday, October 11th, Laura Stark sold 3,069 shares of Rambus stock. The shares were sold at an average price of $13.65, for a total transaction of $41,891.85.
  • On Monday, September 11th, Laura Stark sold 4,065 shares of Rambus stock. The stock was sold at an average price of $12.96, for a total transaction of $52,682.40.

Shares of Rambus, Inc. (NASDAQ RMBS) traded up $0.13 during midday trading on Tuesday, reaching $14.61. 557,300 shares of the company were exchanged, compared to its average volume of 754,470. Rambus, Inc. has a 52 week low of $11.30 and a 52 week high of $14.90. The stock has a market cap of $1,589.59, a price-to-earnings ratio of 28.96, a P/E/G ratio of 2.76 and a beta of 0.76. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.34 and a current ratio of 1.37.

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. Rambus had a net margin of 2.54% and a return on equity of 9.79%. The business had revenue of $99.10 million during the quarter, compared to the consensus estimate of $99.00 million. During the same quarter in the previous year, the firm posted $0.16 EPS. The firm’s revenue was up 10.2% on a year-over-year basis. equities research analysts predict that Rambus, Inc. will post 0.52 earnings per share for the current year.

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A number of large investors have recently bought and sold shares of the business. Louisiana State Employees Retirement System grew its position in Rambus by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 45,500 shares of the semiconductor company’s stock worth $520,000 after purchasing an additional 200 shares during the period. Pinebridge Investments L.P. grew its position in Rambus by 1.5% in the 2nd quarter. Pinebridge Investments L.P. now owns 14,720 shares of the semiconductor company’s stock worth $169,000 after purchasing an additional 219 shares during the period. Arizona State Retirement System grew its position in Rambus by 0.7% in the 2nd quarter. Arizona State Retirement System now owns 58,300 shares of the semiconductor company’s stock worth $666,000 after purchasing an additional 400 shares during the period. Amalgamated Bank grew its position in Rambus by 3.7% in the 2nd quarter. Amalgamated Bank now owns 15,208 shares of the semiconductor company’s stock worth $174,000 after purchasing an additional 549 shares during the period. Finally, Ameritas Investment Partners Inc. grew its position in Rambus by 9.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 9,734 shares of the semiconductor company’s stock worth $111,000 after purchasing an additional 822 shares during the period. 75.59% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently weighed in on RMBS. Loop Capital restated a “buy” rating and issued a $16.00 price objective on shares of Rambus in a report on Tuesday, August 22nd. Zacks Investment Research lowered shares of Rambus from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Jefferies Group LLC restated a “hold” rating and issued a $14.00 price objective (up from $13.50) on shares of Rambus in a report on Tuesday, July 25th. TheStreet upgraded shares of Rambus from a “c+” rating to a “b-” rating in a report on Friday, October 13th. Finally, BidaskClub lowered shares of Rambus from a “hold” rating to a “sell” rating in a report on Monday, July 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $15.98.

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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