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Rambus Inc (RMBS) gets rating Initiated from Evercore ISI

Rambus Inc’s recently made public that its Director STANG ERIC B unloaded Company’s shares for reported $0.19 million on May 09 ’25. In the deal valued at $51.13 per share,3,653 shares were sold. As a result of this transaction, STANG ERIC B now holds 29,394 shares worth roughly $1.66 million.

Then, STANG FAMILY TRUST bought 3,653 shares, generating $186,778 in total proceeds.

Before that, Lynch Desmond sold 3,118 shares. Rambus Inc shares valued at $156,867 were divested by the SVP, CFO at a price of $50.31 per share. As a result of the transaction, Lynch Desmond now holds 75,798 shares, worth roughly $4.27 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 -0.74% to $56.35. Over the last five days, the stock has gained 10.45%. Rambus Inc shares have risen nearly 6.60% since the year began. Nevertheless, the stocks have fallen -3.01% 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 04/07/25. SMA at 50 days reached $51.34, while 200 days put it at $51.22.

Levels Of Support And Resistance For RMBS Stock

The 24-hour chart illustrates a support level at 55.74, which if violated will result in even more drops to 55.13. On the upside, there is a resistance level at 56.93. A further resistance level may holdings at 57.51. The Relative Strength Index (RSI) on the 14-day chart is 61.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.87%. Stochastics %K at 89.06% indicates the stock is a selling.

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