Primecap Management Co. CA Has $3.99 Million Holdings in Rambus, Inc. $RMBS

Primecap Management Co. CA decreased its stake in Rambus, Inc. (NASDAQ:RMBS) by 14.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 62,300 shares of the semiconductor company’s stock after selling 10,600 shares during the period. Primecap Management Co. CA’s holdings in Rambus were worth $3,988,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise acquired a new position in shares of Rambus during the 1st quarter worth about $25,000. True Wealth Design LLC raised its position in shares of Rambus by 162.5% in the 2nd quarter. True Wealth Design LLC now owns 420 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 260 shares during the period. Bessemer Group Inc. raised its position in shares of Rambus by 105.8% in the 2nd quarter. Bessemer Group Inc. now owns 463 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 238 shares during the period. Hantz Financial Services Inc. boosted its stake in Rambus by 1,386.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 639 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 596 shares during the last quarter. Finally, McIlrath & Eck LLC acquired a new position in Rambus during the first quarter valued at approximately $42,000. Institutional investors own 88.54% of the company’s stock.

Rambus Price Performance

RMBS stock opened at $87.28 on Friday. The stock has a market capitalization of $9.40 billion, a P/E ratio of 41.37 and a beta of 1.47. Rambus, Inc. has a fifty-two week low of $40.12 and a fifty-two week high of $114.55. The business has a 50-day moving average of $100.19 and a 200-day moving average of $77.17.

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

Analyst Ratings Changes

RMBS has been the topic of several analyst reports. Arete upgraded shares of Rambus from a “neutral” rating to a “buy” rating and set a $91.00 target price on the stock in a report on Thursday, August 28th. Rosenblatt Securities reaffirmed a “buy” rating and set a $130.00 price objective on shares of Rambus in a research note on Tuesday, October 28th. Susquehanna set a $100.00 target price on Rambus and gave the stock a “neutral” rating in a report on Monday, October 6th. Robert W. Baird increased their price target on Rambus from $90.00 to $120.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. Finally, Arete Research raised Rambus to a “strong-buy” rating in a research report on Thursday, August 28th. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $108.14.

Insider Buying and Selling at Rambus

In other Rambus news, Director Meera Rao sold 653 shares of Rambus stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.99, for a total value of $66,599.47. Following the sale, the director directly owned 29,261 shares in the company, valued at approximately $2,984,329.39. The trade was a 2.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Desmond Lynch sold 9,074 shares of the stock in a transaction dated 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 approximately $5,908,231. This represents a 12.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 29,227 shares of company stock worth $2,714,940. Company insiders own 1.00% of the company’s stock.

Rambus Company 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.