Aviva PLC Trims Stock Position in Rambus, Inc. $RMBS

Aviva PLC trimmed its stake in Rambus, Inc. (NASDAQ:RMBS) by 24.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,196 shares of the semiconductor company’s stock after selling 2,605 shares during the period. Aviva PLC’s holdings in Rambus were worth $525,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Banque Cantonale Vaudoise purchased a new position in shares of Rambus during the first quarter worth about $25,000. True Wealth Design LLC boosted its position in shares of Rambus by 162.5% in the 2nd quarter. True Wealth Design LLC now owns 420 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 260 shares during the period. Bessemer Group Inc. grew its stake in Rambus by 105.8% during the 2nd quarter. Bessemer Group Inc. now owns 463 shares of the semiconductor company’s stock worth $30,000 after buying an additional 238 shares during the last quarter. Hantz Financial Services Inc. increased its position in Rambus by 1,386.0% during the second quarter. Hantz Financial Services Inc. now owns 639 shares of the semiconductor company’s stock worth $41,000 after buying an additional 596 shares during the period. Finally, McIlrath & Eck LLC purchased a new stake in Rambus in the first quarter valued at approximately $42,000. 88.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Rambus

In other Rambus news, Director Necip Sayiner sold 7,500 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $85.63, for a total value of $642,225.00. Following the completion of the transaction, the director directly owned 30,824 shares of the company’s stock, valued at approximately $2,639,459.12. This trade represents a 19.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Eric B. Stang sold 5,000 shares of Rambus stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $102.35, for a total transaction of $511,750.00. Following the sale, the director owned 24,394 shares of the company’s stock, valued at approximately $2,496,725.90. The trade was a 17.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 29,227 shares of company stock worth $2,714,940. 1.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on RMBS shares. Rosenblatt Securities restated a “buy” rating and set a $130.00 target price on shares of Rambus in a research report on Tuesday, October 28th. Robert W. Baird raised their price objective on shares of Rambus from $90.00 to $120.00 and gave the stock an “outperform” rating in a research report on Monday, September 15th. Weiss Ratings lowered shares of Rambus from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, November 7th. Wall Street Zen cut shares of Rambus from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Finally, Arete raised Rambus from a “neutral” rating to a “buy” rating and set a $91.00 price target on the stock in a report on Thursday, August 28th. Three analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Rambus presently has an average rating of “Buy” and an average price target of $108.14.

Rambus Price Performance

RMBS opened at $92.37 on Friday. Rambus, Inc. has a 12 month low of $40.12 and a 12 month high of $114.55. The stock has a market capitalization of $9.94 billion, a P/E ratio of 43.78 and a beta of 1.47. The business has a 50 day simple moving average of $98.93 and a 200-day simple moving average of $75.78.

Rambus (NASDAQ:RMBS) last announced its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.18). Rambus had a return on equity of 17.73% and a net margin of 33.72%.The business had revenue of $178.51 million for the quarter, compared to analyst estimates of $175.60 million. During the same period in the prior year, the company earned $0.45 EPS. The company’s revenue was up 22.7% on a year-over-year basis. Rambus has set its Q4 2025 guidance at EPS. Research analysts anticipate that Rambus, Inc. will post 1.89 EPS for the current year.

Rambus Profile

Rambus Inc provides semiconductor products in the United States, South Korea, Singapore, and internationally. The company offers DDR memory interface chips, including DDR5 and DDR4 memory interface chips to module manufacturers, OEMs, and hyperscalers; silicon IP, such as interface and security IP solutions that move and protect data in advanced data center, government, and automotive applications; and interface IP solutions for high-speed memory and chip-to-chip digital controller IP.