Rambus Inc [RMBS] Shares Jump Approximately 3.42% Over the Year

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Rambus Inc shares valued at $101,816 were sold by LAUB STEVEN on May 27 ’25. At $55.12 per share, LAUB STEVEN sold 1,847 shares. The insider’s holdings dropped to 9,057 shares worth approximately $0.52 million following the completion of this transaction.

Also, LAUB STEVEN sold 3,653 shares, netting a total of over 202,961 in proceeds. Following the sale of shares at $55.56 each, the insider now holds 10,904 shares.

Before that, LAUB STEVEN had added 5,500 shares to its account. In a trade valued at $305,580, the Director bought Rambus Inc shares for $55.56 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 surge of approximately 5.38%. Over the course of the year, Rambus Inc shares have jumped approximately 8.12%. 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.

Support And Resistance Levels for Rambus Inc (RMBS)

According to the 24-hour chart, there is a support level at 56.29, which, if violated, would cause prices to drop to 55.43. In the upper region, resistance lies at 57.80. The next price resistance is at 58.45. RSI (Relative Strength Index) is 61.33 on the 14-day chart, showing neutral technical sentiment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.