In a filing, Rambus Inc revealed its Director Sayiner Necip unloaded Company’s shares for reported $0.31 million on Feb 19 ’25. In the deal valued at $66.74 per share,4,625 shares were sold. As a result of this transaction, Sayiner Necip now holds 42,000 shares worth roughly $2.3 million.
Then, FAN XIANZHI SEAN sold 52,327 shares, generating $3,559,037 in total proceeds. Upon selling the shares at $68.02, the EVP, COO now owns 93,841 shares.
Before that, FAN XIANZHI SEAN bought 52,327 shares. Rambus Inc shares valued at $3,559,035 were divested by the Officer at a price of $68.02 per share.
Evercore ISI initiated its Rambus Inc [RMBS] rating to an Outperform in a research note published on February 04, 2025; the price target was $71. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in late November with a ‘”an Outperform”‘ rating. Loop Capital began covering RMBS with “Buy” recommendation on November 12, 2024. Wells Fargo started covering the stock on November 06, 2024. It rated RMBS as “an Overweight”.
Price Performance Review of RMBS
On Friday, Rambus Inc [NASDAQ:RMBS] saw its stock jump 4.37% to $54.88. Over the last five days, the stock has lost -1.81%. Rambus Inc shares have risen nearly 3.82% since the year began. Nevertheless, the stocks have fallen -10.62% over the past one year. While a 52-week high of $69.15 was reached on 02/06/25, a 52-week low of $37.42 was recorded on 03/04/25. SMA at 50 days reached $59.41, while 200 days put it at $52.93.
Levels Of Support And Resistance For RMBS Stock
The 24-hour chart illustrates a support level at 52.97, which if violated will result in even more drops to 51.07. On the upside, there is a resistance level at 55.97. A further resistance level may holdings at 57.07. The Relative Strength Index (RSI) on the 14-day chart is 42.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.69%. Stochastics %K at 16.24% indicates the stock is a buying.
