Handelsbanken Fonder AB Has $1.90 Million Stock Position in Rambus, Inc. $RMBS

Handelsbanken Fonder AB cut its holdings in shares of Rambus, Inc. (NASDAQ:RMBS) by 7.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,697 shares of the semiconductor company’s stock after selling 2,500 shares during the period. Handelsbanken Fonder AB’s holdings in Rambus were worth $1,901,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Banque Cantonale Vaudoise bought a new position in Rambus in the 1st quarter valued at about $25,000. True Wealth Design LLC raised its stake in shares of Rambus by 162.5% in the second quarter. True Wealth Design LLC now owns 420 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 260 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of Rambus by 105.8% in the second quarter. Bessemer Group Inc. now owns 463 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 238 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Rambus by 1,386.0% in the second quarter. Hantz Financial Services Inc. now owns 639 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 596 shares in the last quarter. Finally, McIlrath & Eck LLC purchased a new position in shares of Rambus during the first quarter valued at approximately $42,000. Institutional investors and hedge funds own 88.54% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on RMBS. Arete Research upgraded Rambus to a “strong-buy” rating in a report on Thursday, August 28th. Wells Fargo & Company upped their target price on shares of Rambus from $73.00 to $115.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 28th. Rosenblatt Securities reissued a “buy” rating and set a $130.00 price target on shares of Rambus in a research report on Tuesday, October 28th. Robert W. Baird boosted their price target on shares of Rambus from $90.00 to $120.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. Finally, Wall Street Zen downgraded shares of Rambus from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Rambus presently has an average rating of “Buy” and an average target price of $108.14.

Insider Transactions at Rambus

In other Rambus news, Director Eric B. Stang sold 5,000 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $102.35, for a total transaction of $511,750.00. Following the completion of the transaction, the director directly owned 24,394 shares of the company’s stock, valued at approximately $2,496,725.90. This represents a 17.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Meera Rao sold 3,000 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $71.72, for a total value of $215,160.00. Following the completion of the sale, the director owned 29,914 shares in the company, valued at approximately $2,145,432.08. The trade was a 9.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 29,227 shares of company stock valued at $2,714,940 in the last three months. 1.00% of the stock is currently owned by company insiders.

Rambus Stock Performance

RMBS opened at $94.87 on Thursday. Rambus, Inc. has a fifty-two week low of $40.12 and a fifty-two week high of $114.55. The firm has a 50-day moving average of $100.05 and a 200 day moving average of $78.51. The firm has a market cap of $10.21 billion, a P/E ratio of 44.96 and a beta of 1.47.

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 analysts’ consensus estimates of $0.62 by ($0.18). Rambus had a net margin of 33.72% and a return on equity of 17.73%. The company had revenue of $178.51 million during the quarter, compared to analysts’ expectations of $175.60 million. During the same quarter in the previous year, the firm earned $0.45 earnings per share. The firm’s revenue was up 22.7% compared to the same quarter last year. Rambus has set its Q4 2025 guidance at EPS. Equities research analysts predict that Rambus, Inc. will post 1.89 earnings per share for the current fiscal year.

About Rambus

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.