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 $508,815 were purchased by LUC SERAPHIN on Apr 01 ’25. At $50.88 per share, LUC SERAPHIN acquired 10,000 shares.
Also, Seraphin Luc sold 10,000 shares, netting a total of over 586,406 in proceeds. Following the sale of shares at $58.64 each, the insider now holds 306,931 shares.
Before that, LUC SERAPHIN had added 10,000 shares to its account. In a trade valued at $586,406, the Officer bought Rambus Inc shares for $58.64 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 drop of approximately -6.99%. Over the course of the year, Rambus Inc shares have dropped approximately -0.34%. Shares of the company reached a 52-week high of $69.15 on 02/06/25 and a 52-week low of $50.01 on 03/31/25. A 50-day SMA is recorded $58.74, while a 200-day SMA reached $52.76.
Support And Resistance Levels for Rambus Inc (RMBS)
According to the 24-hour chart, there is a support level at 51.25, which, if violated, would cause prices to drop to 49.83. In the upper region, resistance lies at 53.96. The next price resistance is at 55.25. RSI (Relative Strength Index) is 41.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.04, which suggests the price will decrease in the coming days. Percent R is at 72.73%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
