KBC Group NV Lowers Position in Rambus, Inc. $RMBS

KBC Group NV trimmed its position in shares of Rambus, Inc. (NASDAQ:RMBS) by 37.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,959 shares of the semiconductor company’s stock after selling 1,806 shares during the quarter. KBC Group NV’s holdings in Rambus were worth $189,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Nordea Investment Management AB grew its position in shares of Rambus by 1,216.0% in the 2nd quarter. Nordea Investment Management AB now owns 69,116 shares of the semiconductor company’s stock worth $4,381,000 after buying an additional 63,864 shares during the period. Oak Grove Capital LLC purchased a new position in Rambus during the 2nd quarter valued at about $519,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Rambus by 10.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 182,940 shares of the semiconductor company’s stock worth $9,472,000 after acquiring an additional 17,282 shares in the last quarter. First Citizens Bank & Trust Co. boosted its stake in Rambus by 250.9% during the second quarter. First Citizens Bank & Trust Co. now owns 13,591 shares of the semiconductor company’s stock worth $870,000 after acquiring an additional 9,718 shares in the last quarter. Finally, Park West Asset Management LLC purchased a new stake in Rambus in the first quarter worth about $30,503,000. Institutional investors own 88.54% of the company’s stock.

Insider Activity at Rambus

In related news, CFO Desmond Lynch sold 9,074 shares of the company’s stock in a transaction 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 completion of the sale, the chief financial officer owned 64,430 shares in the company, valued at approximately $5,908,231. This represents a 12.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Meera Rao sold 653 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.99, for a total value of $66,599.47. Following the completion of the transaction, the director directly owned 29,261 shares in the company, valued at approximately $2,984,329.39. This represents a 2.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,227 shares of company stock valued at $2,714,940 in the last quarter. 1.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

RMBS has been the subject of several recent research reports. Robert W. Baird lifted their target price on shares of Rambus from $90.00 to $120.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Rosenblatt Securities reiterated 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. Weiss Ratings restated a “hold (c+)” rating on shares of Rambus in a report on Thursday, November 13th. Finally, Arete Research raised Rambus to a “strong-buy” rating in a research report on Thursday, August 28th. Three analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Rambus presently has a consensus rating of “Buy” and an average target price of $108.14.

Rambus Stock Up 2.9%

Shares of NASDAQ RMBS opened at $90.22 on Thursday. The firm’s 50-day moving average price is $100.22 and its 200-day moving average price is $77.10. The company has a market cap of $9.71 billion, a PE ratio of 42.76 and a beta of 1.47. Rambus, Inc. has a 52-week low of $40.12 and a 52-week high of $114.55.

Rambus (NASDAQ:RMBS) last released its quarterly earnings data 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). Rambus had a net margin of 33.72% and a return on equity of 17.73%. The company had revenue of $178.51 million for the quarter, compared to analysts’ expectations of $175.60 million. During the same period in the previous year, the firm earned $0.45 earnings per share. The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. Rambus has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Rambus, Inc. will post 1.89 EPS 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.