Rhumbline Advisers Buys 18,959 Shares of Rambus, Inc. $RMBS

Rhumbline Advisers grew its stake in shares of Rambus, Inc. (NASDAQ:RMBS) by 5.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 352,028 shares of the semiconductor company’s stock after acquiring an additional 18,959 shares during the quarter. Rhumbline Advisers owned about 0.33% of Rambus worth $22,537,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of RMBS. Price T Rowe Associates Inc. MD grew its position in Rambus by 60.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,746,856 shares of the semiconductor company’s stock valued at $452,870,000 after purchasing an additional 3,297,728 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Rambus by 1.3% in the second quarter. Geode Capital Management LLC now owns 2,687,691 shares of the semiconductor company’s stock worth $172,086,000 after buying an additional 35,744 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Rambus by 13.2% during the second quarter. Bank of New York Mellon Corp now owns 2,019,504 shares of the semiconductor company’s stock valued at $129,289,000 after buying an additional 235,253 shares during the last quarter. Westwood Holdings Group Inc. increased its position in shares of Rambus by 41.0% during the second quarter. Westwood Holdings Group Inc. now owns 1,737,062 shares of the semiconductor company’s stock valued at $111,207,000 after acquiring an additional 504,852 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in Rambus by 21.1% in the 1st quarter. American Century Companies Inc. now owns 1,424,365 shares of the semiconductor company’s stock worth $73,747,000 after acquiring an additional 248,013 shares during the last quarter. Hedge funds and other institutional investors own 88.54% of the company’s stock.

Insider Buying and Selling at Rambus

In other news, Director Eric B. Stang sold 5,000 shares of Rambus stock in a transaction on Friday, November 7th. The shares were sold at an average price of $102.35, for a total transaction of $511,750.00. Following the transaction, the director owned 24,394 shares in the company, valued at $2,496,725.90. This trade represents a 17.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Necip Sayiner sold 7,500 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $85.63, for a total transaction of $642,225.00. Following the sale, the director directly owned 30,824 shares of the company’s stock, valued at approximately $2,639,459.12. The trade was a 19.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 29,227 shares of company stock worth $2,714,940. 1.00% of the stock is owned by corporate insiders.

Rambus Price Performance

Shares of RMBS opened at $94.87 on Friday. The firm has a market capitalization of $10.21 billion, a P/E ratio of 44.96 and a beta of 1.47. Rambus, Inc. has a one year low of $40.12 and a one year high of $114.55. The business has a fifty day moving average of $99.80 and a 200 day moving average of $78.62.

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

Wall Street Analysts Forecast Growth

RMBS has been the topic of several recent analyst reports. Arete Research upgraded Rambus to a “strong-buy” rating in a research note on Thursday, August 28th. Robert W. Baird increased their price objective on Rambus from $90.00 to $120.00 and gave the company an “outperform” rating in a research report on Monday, September 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Rambus in a report on Tuesday. Wells Fargo & Company upped their target price on shares of Rambus from $73.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $130.00 price target on shares of Rambus in a report on Tuesday, October 28th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $108.14.

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.