Rambus Inc. (NASDAQ:RMBS) Director Charles Kissner sold 6,347 shares of Rambus stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $14.27, for a total value of $90,571.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Rambus Inc. (NASDAQ:RMBS) traded down $0.24 during trading on Friday, hitting $14.26. The stock had a trading volume of 318,400 shares, compared to its average volume of 729,442. Rambus Inc. has a 1-year low of $11.30 and a 1-year high of $15.50. The firm has a market capitalization of $1,570.00, a P/E ratio of 158.44, a PEG ratio of 2.59 and a beta of 0.74. 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 announced its quarterly earnings data on Monday, October 23rd. The semiconductor company reported $0.19 EPS for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.02. Rambus had a return on equity of 9.79% and a net margin of 2.54%. The business had revenue of $99.10 million during the quarter, compared to the consensus estimate of $99.00 million. During the same period in the previous year, the company posted $0.16 earnings per share. The business’s revenue for the quarter was up 10.2% on a year-over-year basis. analysts forecast that Rambus Inc. will post 0.52 EPS for the current year.

Several institutional investors have recently made changes to their positions in RMBS. Ameritas Investment Partners Inc. grew its position in shares of Rambus by 9.2% during the second quarter. Ameritas Investment Partners Inc. now owns 9,734 shares of the semiconductor company’s stock worth $111,000 after buying an additional 822 shares in the last quarter. Zions Bancorporation acquired a new position in shares of Rambus during the third quarter worth about $122,000. Shelton Capital Management acquired a new position in shares of Rambus during the second quarter worth about $126,000. Petrus Trust Company LTA acquired a new position in shares of Rambus during the second quarter worth about $138,000. Finally, Magnetar Financial LLC acquired a new position in shares of Rambus during the third quarter worth about $145,000. 77.01% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have weighed in on the company. BidaskClub downgraded Rambus from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Zacks Investment Research downgraded Rambus from a “buy” rating to a “hold” rating in a research report on Tuesday, December 26th. Citigroup lifted their target price on Rambus from $15.30 to $15.90 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Loop Capital reaffirmed a “buy” rating and issued a $19.00 target price (up from $16.00) on shares of Rambus in a research report on Tuesday, October 24th. Finally, TheStreet raised Rambus from a “c+” rating to a “b-” rating in a research report on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. 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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