Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Rambus Inc shares valued at $586,406 were sold by Seraphin Luc on Mar 25 ’25. At $58.64 per share, Seraphin Luc sold 10,000 shares. The insider’s holdings dropped to 306,931 shares worth approximately $17.38 million following the completion of this transaction.
Also, LUC SERAPHIN purchased 10,000 shares, netting a total of over 586,406 in proceeds.
Before that, Shinn John had sold 7,632 shares from its account. In a trade valued at $425,296, the SVP, General Counsel traded Rambus Inc shares for $55.73 each. Upon closing the transaction, the insider’s holdings decreased to 7,632 shares, worth approximately $0.75 million.
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 drop of approximately -0.56%. Over the course of the year, Rambus Inc shares have jumped approximately 7.15%. Shares of the company reached a 52-week high of $69.15 on 02/06/25 and a 52-week low of $50.62 on 03/11/25. A 50-day SMA is recorded $59.43, while a 200-day SMA reached $52.84.
Support And Resistance Levels for Rambus Inc (RMBS)
According to the 24-hour chart, there is a support level at 55.22, which, if violated, would cause prices to drop to 53.80. In the upper region, resistance lies at 58.54. The next price resistance is at 60.43. RSI (Relative Strength Index) is 49.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.07, which suggests the price will increase in the coming days. Percent R is at 34.42%, indicating low price movement. Stochastics %K at selling indicates that the stock is to be held.
