Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Rambus Inc shares valued at $468,100 were sold by Seraphin Luc on Apr 08 ’25. At $46.81 per share, Seraphin Luc sold 10,000 shares. The insider’s holdings dropped to 336,844 shares worth approximately $15.58 million following the completion of this transaction.
Also, LUC SERAPHIN purchased 10,000 shares, netting a total of over 468,100 in proceeds.
Before that, Seraphin Luc had sold 10,000 shares from its account. In a trade valued at $508,815, the President and CEO traded Rambus Inc shares for $50.88 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $16.04 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 surge of approximately 0.20%. Over the course of the year, Rambus Inc shares have dropped approximately -12.52%. Shares of the company reached a 52-week high of $69.15 on 02/06/25 and a 52-week low of $40.12 on 04/07/25. A 50-day SMA is recorded $56.88, while a 200-day SMA reached $52.47.
Support And Resistance Levels for Rambus Inc (RMBS)
According to the 24-hour chart, there is a support level at 44.26, which, if violated, would cause prices to drop to 42.28. In the upper region, resistance lies at 48.82. The next price resistance is at 51.40. RSI (Relative Strength Index) is 41.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.99, which suggests the price will decrease in the coming days. Percent R is at 68.90%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.