Rambus Inc (NASDAQ: RMBS) is 1.99% higher on its value in year-to-date trading and has touched a low of $37.42 and a high of $69.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RMBS stock was last observed hovering at around $58.56 in the last trading session, with the day’s loss setting it -4.65%.
Currently trading at $53.91, the stock is -14.62% and -9.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing -7.94% at the moment leaves the stock 1.63% off its SMA200. RMBS registered -8.03% loss for a year compared to 6-month gain of 20.15%.
The stock witnessed a -10.34% loss in the last 1 month and extending the period to 3 months gives it a -3.66%, and is -17.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.87% over the week and 4.73% over the month.
Rambus Inc (RMBS) has around 712 employees, a market worth around $5.76B and $556.62M in sales. Current P/E ratio is 32.60 and Fwd P/E is 18.89. Profit margin for the company is 32.31%. Distance from 52-week low is 44.05% and -22.04% from its 52-week high. The company has generated returns on investments over the last 12 months (15.70%).
with sales reaching $162.83M over the same period.The EPS is expected to grow by 39.62% this year, but quarterly earnings will post 19.07% year-over-year. Quarterly sales are estimated to grow 21.88% in year-over-year returns.
The shares outstanding are 106.84M, and float is at 106.10M with Short Float at 4.15%.
The top institutional shareholder in the company is BLACKROCK INC. with over 15.79 million shares valued at $927.6 million. The investor’s holdings represent 14.6047 of the RMBS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.79 million shares valued at $692.73 million to account for 10.9068 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 6.59 million shares representing 6.1218 and valued at over $387.49 million, while WELLINGTON MANAGEMENT GROUP LLP holds 5.7388 of the shares totaling 6.2 million with a market value of $364.49 million.
Rambus Inc (RMBS) Insider Activity
The most recent transaction is an insider sale by Sayiner Necip, the company’s Director. SEC filings show that Sayiner Necip sold 4,625 shares of the company’s common stock on Feb 19 ’25 at a price of $66.74 per share for a total of $0.31 million. Following the sale, the insider now owns 42000.0 shares.
Rambus Inc disclosed in a document filed with the SEC on Feb 19 ’25 that FAN XIANZHI SEAN (EVP, COO) sold a total of 52,327 shares of the company’s common stock. The trade occurred on Feb 19 ’25 and was made at $68.02 per share for $3.56 million. Following the transaction, the insider now directly holds 93841.0 shares of the RMBS stock.
Still, SEC filings show that on Feb 19 ’25, FAN XIANZHI SEAN (Officer) Proposed Sale 52,327 shares at an average price of $68.02 for $3.56 million. The insider now directly holds shares of Rambus Inc (RMBS).
