Rambus Inc’s recent filing unveils that its Director LAUB STEVEN unloaded Company’s shares for reported $0.1 million on May 27 ’25. In the deal valued at $55.12 per share,1,847 shares were sold. As a result of this transaction, LAUB STEVEN now holds 9,057 shares worth roughly $0.53 million.
Then, LAUB STEVEN sold 3,653 shares, generating $202,961 in total proceeds. Upon selling the shares at $55.56, the Director now owns 10,904 shares.
Before that, LAUB STEVEN bought 5,500 shares. Rambus Inc shares valued at $305,580 were divested by the Director at a price of $55.56 per share.
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 -4.22% to $58.10. Over the last five days, the stock has gained 1.17%. Rambus Inc shares have risen nearly 9.91% since the year began. Nevertheless, the stocks have risen 3.57% 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.
Levels Of Support And Resistance For RMBS Stock
The 24-hour chart illustrates a support level at 57.43, which if violated will result in even more drops to 56.75. On the upside, there is a resistance level at 59.33. A further resistance level may holdings at 60.56.
How much short interest is there in Rambus Inc?
A steep rise in short interest was recorded in Rambus Inc stocks on 2025-05-30, dropping by -0.62 million shares to a total of 3.41 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 4.03 million shares. There was a decline of -18.19%, which implies that there is a negative sentiment for the stock.
