Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Rambus Inc shares valued at $156,867 were sold by Lynch Desmond on May 05 ’25. At $50.31 per share, Lynch Desmond sold 3,118 shares. The insider’s holdings dropped to 75,798 shares worth approximately $3.91 million following the completion of this transaction.
Also, DESMOND M LYNCH purchased 3,118 shares, netting a total of over 156,867 in proceeds.
Before that, Seraphin Luc had sold 6,348 shares from its account. In a trade valued at $298,166, the President and CEO traded Rambus Inc shares for $46.97 each. Upon closing the transaction, the insider’s holdings decreased to 6,348 shares, worth approximately $16.47 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 5.56%. Over the course of the year, Rambus Inc shares have dropped approximately -2.38%. 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 $51.13, while a 200-day SMA reached $51.27.
Support And Resistance Levels for Rambus Inc (RMBS)
According to the 24-hour chart, there is a support level at 51.02, which, if violated, would cause prices to drop to 50.43. In the upper region, resistance lies at 52.32. The next price resistance is at 53.03. RSI (Relative Strength Index) is 54.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.71, which suggests the price will increase in the coming days. Percent R is at 11.12%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
