Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. 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 $0.49 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 drop of approximately -2.55%. Over the course of the year, Rambus Inc shares have jumped approximately 2.59%. 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 53.87, which, if violated, would cause prices to drop to 53.50. In the upper region, resistance lies at 54.94. The next price resistance is at 55.64. RSI (Relative Strength Index) is 53.72 on the 14-day chart, showing neutral technical sentiment.