Rambus, Inc. $RMBS Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC grew its holdings in Rambus, Inc. (NASDAQ:RMBS) by 1.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,687,691 shares of the semiconductor company’s stock after acquiring an additional 35,744 shares during the period. Geode Capital Management LLC’s holdings in Rambus were worth $172,086,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Tealwood Asset Management Inc. increased its holdings in Rambus by 0.7% in the 2nd quarter. Tealwood Asset Management Inc. now owns 20,460 shares of the semiconductor company’s stock valued at $1,310,000 after purchasing an additional 150 shares in the last quarter. Signaturefd LLC boosted its position in shares of Rambus by 14.8% in the second quarter. Signaturefd LLC now owns 1,288 shares of the semiconductor company’s stock worth $82,000 after buying an additional 166 shares during the period. Nations Financial Group Inc. IA ADV grew its stake in shares of Rambus by 2.0% in the first quarter. Nations Financial Group Inc. IA ADV now owns 9,104 shares of the semiconductor company’s stock valued at $471,000 after buying an additional 179 shares in the last quarter. Dakota Wealth Management raised its holdings in shares of Rambus by 3.4% during the 2nd quarter. Dakota Wealth Management now owns 5,681 shares of the semiconductor company’s stock valued at $364,000 after buying an additional 189 shares during the period. Finally, Evergreen Capital Management LLC raised its holdings in shares of Rambus by 3.3% during the 1st quarter. Evergreen Capital Management LLC now owns 7,333 shares of the semiconductor company’s stock valued at $380,000 after buying an additional 234 shares during the period. 88.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on RMBS. Arete raised shares of Rambus from a “neutral” rating to a “buy” rating and set a $91.00 price objective for the company in a research report on Thursday, August 28th. Jefferies Financial Group upgraded shares of Rambus to a “strong-buy” rating in a research note on Tuesday, October 28th. Rosenblatt Securities reaffirmed a “buy” rating and set a $130.00 price target on shares of Rambus in a research note on Tuesday, October 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of Rambus in a research report on Thursday, November 13th. Finally, Robert W. Baird raised their target price on Rambus from $90.00 to $120.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. Three investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $108.14.

Insider Transactions at Rambus

In other Rambus news, CFO Desmond Lynch sold 9,074 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $91.70, for a total transaction of $832,085.80. Following the transaction, the chief financial officer owned 64,430 shares of the company’s stock, valued at $5,908,231. This trade represents a 12.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Eric B. Stang sold 4,000 shares of Rambus stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $111.78, for a total value of $447,120.00. Following the completion of the transaction, the director owned 20,394 shares of the company’s stock, valued at approximately $2,279,641.32. The trade was a 16.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 29,227 shares of company stock worth $2,714,940. 1.00% of the stock is owned by corporate insiders.

Rambus Price Performance

RMBS opened at $87.70 on Wednesday. Rambus, Inc. has a 12-month low of $40.12 and a 12-month high of $114.55. The stock has a market capitalization of $9.44 billion, a PE ratio of 41.56 and a beta of 1.47. The firm’s fifty day moving average price is $99.95 and its 200 day moving average price is $77.01.

Rambus (NASDAQ:RMBS) last released its earnings results on Monday, October 27th. The semiconductor company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.18). The company had revenue of $178.51 million during the quarter, compared to the consensus estimate of $175.60 million. Rambus had a return on equity of 17.73% and a net margin of 33.72%.Rambus’s revenue for the quarter was up 22.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.45 EPS. Rambus has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that Rambus, Inc. will post 1.89 earnings per share for the current fiscal year.

Rambus Profile

Rambus Inc provides semiconductor products in the United States, South Korea, Singapore, and internationally. The company offers DDR memory interface chips, including DDR5 and DDR4 memory interface chips to module manufacturers, OEMs, and hyperscalers; silicon IP, such as interface and security IP solutions that move and protect data in advanced data center, government, and automotive applications; and interface IP solutions for high-speed memory and chip-to-chip digital controller IP.