Rambus, Inc. (NASDAQ:RMBS) SVP Laura Stark sold 3,491 shares of the company’s stock in a transaction that occurred on Wednesday, July 12th. The stock was sold at an average price of $12.90, for a total value of $45,033.90. Following the completion of the transaction, the senior vice president now owns 208,474 shares of the company’s stock, valued at approximately $2,689,314.60. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

  • On Monday, June 12th, Laura Stark sold 3,644 shares of Rambus stock. The shares were sold at an average price of $12.06, for a total value of $43,946.64.
  • On Friday, May 12th, Laura Stark sold 3,992 shares of Rambus stock. The stock was sold at an average price of $12.46, for a total value of $49,740.32.

Shares of Rambus, Inc. (NASDAQ:RMBS) traded down 0.08% during mid-day trading on Monday, hitting $12.76. The stock had a trading volume of 182,442 shares. Rambus, Inc. has a 52 week low of $11.30 and a 52 week high of $14.50. The stock has a 50 day moving average of $12.00 and a 200-day moving average of $12.86. The stock has a market capitalization of $1.43 billion, a P/E ratio of 182.29 and a beta of 0.87.

Rambus (NASDAQ:RMBS) last posted its quarterly earnings data on Monday, April 24th. The semiconductor company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.15 by $0.02. The business had revenue of $97.40 million for the quarter, compared to the consensus estimate of $95.52 million. Rambus had a return on equity of 9.70% and a net margin of 2.20%. Rambus’s revenue for the quarter was up 34.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.13 earnings per share. On average, equities research analysts predict that Rambus, Inc. will post $0.62 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its position in Rambus by 17,759.2% in the first quarter. BlackRock Inc. now owns 14,458,840 shares of the semiconductor company’s stock valued at $189,990,000 after buying an additional 14,377,880 shares during the last quarter. Vanguard Group Inc. raised its stake in Rambus by 5.5% in the first quarter. Vanguard Group Inc. now owns 9,847,561 shares of the semiconductor company’s stock valued at $129,396,000 after buying an additional 513,316 shares during the last quarter. Primecap Management Co. CA raised its stake in Rambus by 10.1% in the first quarter. Primecap Management Co. CA now owns 9,589,497 shares of the semiconductor company’s stock valued at $126,006,000 after buying an additional 881,225 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Rambus by 5.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,349,719 shares of the semiconductor company’s stock valued at $57,155,000 after buying an additional 216,124 shares during the last quarter. Finally, Neuberger Berman Group LLC raised its stake in Rambus by 1.3% in the first quarter. Neuberger Berman Group LLC now owns 3,625,211 shares of the semiconductor company’s stock valued at $47,635,000 after buying an additional 46,970 shares during the last quarter. 79.23% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently issued reports on the company. BidaskClub raised Rambus from a “sell” rating to a “hold” rating in a report on Friday. Zacks Investment Research upgraded Rambus from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. TheStreet lowered Rambus from a “b-” rating to a “c+” rating in a research report on Friday, June 16th. Finally, Jefferies Group LLC restated a “hold” rating and set a $13.50 price objective on shares of Rambus in a research report on Tuesday, April 25th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Rambus presently has an average rating of “Buy” and a consensus target price of $15.00.

Rambus Company Profile

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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