Rambus Inc’s filing revealed that its Officer JOHN SHINN acquired Company’s shares for reported $0.43 million on Mar 21 ’25. In the deal valued at $55.73 per share,7,632 shares were bought.
Then, Seraphin Luc sold 10,000 shares, generating $537,888 in total proceeds. Upon selling the shares at $53.79, the President and CEO now owns 316,931 shares.
Before that, LUC SERAPHIN bought 10,000 shares. Rambus Inc shares valued at $537,888 were divested by the Officer at a price of $53.79 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 Monday, Rambus Inc [NASDAQ:RMBS] saw its stock jump 3.79% to $58.87. Over the last five days, the stock has gained 8.00%. Rambus Inc shares have risen nearly 11.37% since the year began. Nevertheless, the stocks have fallen -2.74% 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 03/11/25. SMA at 50 days reached $59.36, while 200 days put it at $52.83.
Levels Of Support And Resistance For RMBS Stock
The 24-hour chart illustrates a support level at 58.04, which if violated will result in even more drops to 57.22. On the upside, there is a resistance level at 59.75. A further resistance level may holdings at 60.63. The Relative Strength Index (RSI) on the 14-day chart is 55.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.13%. Stochastics %K at 88.95% indicates the stock is a selling.
How much short interest is there in Rambus Inc?
A steep rise in short interest was recorded in Rambus Inc stocks on 2025-02-28, growing by 1.18 million shares to a total of 4.5 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.33 million shares. There was a rise of 26.11%, which implies that there is a positive sentiment for the stock.
