Rambus Inc’s recently made public that its President and CEO Seraphin Luc unloaded Company’s shares for reported $0.51 million on Apr 01 ’25. In the deal valued at $50.88 per share,10,000 shares were sold. As a result of this transaction, Seraphin Luc now holds 346,844 shares worth roughly $14.96 million.
Then, LUC SERAPHIN bought 10,000 shares, generating $508,815 in total proceeds.
Before that, Seraphin Luc sold 10,000 shares. Rambus Inc shares valued at $586,406 were divested by the President and CEO at a price of $58.64 per share. As a result of the transaction, Seraphin Luc now holds 306,931 shares, worth roughly $13.23 million.
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 fall -6.55% to $43.12. Over the last five days, the stock has lost -19.69%. Rambus Inc shares have fallen nearly -18.42% since the year began. Nevertheless, the stocks have fallen -28.49% 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 04/04/25. SMA at 50 days reached $57.96, while 200 days put it at $52.64.
Levels Of Support And Resistance For RMBS Stock
The 24-hour chart illustrates a support level at 41.16, which if violated will result in even more drops to 39.19. On the upside, there is a resistance level at 44.79. A further resistance level may holdings at 46.46. The Relative Strength Index (RSI) on the 14-day chart is 26.27, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.02%. Stochastics %K at 14.56% indicates the stock is a buying.
How much short interest is there in Rambus Inc?
A steep rise in short interest was recorded in Rambus Inc stocks on 2025-03-14, growing by 80010.0 shares to a total of 4.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.4 million shares. There was a rise of 1.79%, which implies that there is a positive sentiment for the stock.
