Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Rambus Inc shares valued at $308,681 were sold by Sayiner Necip on Feb 19 ’25. At $66.74 per share, Sayiner Necip sold 4,625 shares. The insider’s holdings dropped to 42,000 shares worth approximately $2.73 million following the completion of this transaction.
Also, FAN XIANZHI SEAN sold 52,327 shares, netting a total of over 3,559,037 in proceeds. Following the sale of shares at $68.02 each, the insider now holds 93,841 shares.
Before that, FAN XIANZHI SEAN had added 52,327 shares to its account. In a trade valued at $3,559,035, the Officer bought Rambus Inc shares for $68.02 each.
As published in their initiating research note from Evercore ISI on February 04, 2025, Rambus Inc [RMBS] has been an Outperform and the price target has been revised to $71. Analysts at Robert W. Baird started covering the stock with ‘”an Outperform”‘ outlook in a report released in late November. As of November 12, 2024, Loop Capital has initiated its “Buy” rating for RMBS. Earlier on November 06, 2024, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for RMBS stock.
Analyzing RMBS Stock Performance
During the last five days, there has been a surge of approximately 2.98%. Over the course of the year, Rambus Inc shares have jumped approximately 22.87%. Shares of the company reached a 52-week high of $69.15 on 02/06/25 and a 52-week low of $53.14 on 01/02/25. A 50-day SMA is recorded $59.65, while a 200-day SMA reached $52.99. Nevertheless, trading volume fell to 0.66 million shares from 1.39 million shares the previous day.
Support And Resistance Levels for Rambus Inc (RMBS)
According to the 24-hour chart, there is a support level at 63.88, which, if violated, would cause prices to drop to 62.81. In the upper region, resistance lies at 66.47. The next price resistance is at 67.99. RSI (Relative Strength Index) is 54.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.71, which suggests the price will increase in the coming days. Percent R is at 42.73%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
