Bank of Montreal Can Has $896,000 Stake in Rambus, Inc. $RMBS

Bank of Montreal Can reduced its stake in shares of Rambus, Inc. (NASDAQ:RMBS) by 10.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,998 shares of the semiconductor company’s stock after selling 1,695 shares during the period. Bank of Montreal Can’s holdings in Rambus were worth $896,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. State of Michigan Retirement System increased its stake in shares of Rambus by 1.2% in the second quarter. State of Michigan Retirement System now owns 25,800 shares of the semiconductor company’s stock valued at $1,652,000 after buying an additional 300 shares during the period. Moody Aldrich Partners LLC boosted its holdings in Rambus by 75.7% in the second quarter. Moody Aldrich Partners LLC now owns 79,150 shares of the semiconductor company’s stock valued at $5,067,000 after acquiring an additional 34,112 shares during the last quarter. Strs Ohio boosted its holdings in Rambus by 1.1% in the second quarter. Strs Ohio now owns 27,600 shares of the semiconductor company’s stock valued at $1,767,000 after acquiring an additional 300 shares during the last quarter. Amalgamated Bank boosted its holdings in Rambus by 0.6% in the second quarter. Amalgamated Bank now owns 47,213 shares of the semiconductor company’s stock valued at $3,023,000 after acquiring an additional 293 shares during the last quarter. Finally, Atria Investments Inc increased its position in Rambus by 12.4% during the 2nd quarter. Atria Investments Inc now owns 8,538 shares of the semiconductor company’s stock valued at $547,000 after purchasing an additional 941 shares during the period. Institutional investors own 88.54% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Rosenblatt Securities restated a “buy” rating and issued a $130.00 price target on shares of Rambus in a research report on Tuesday, October 28th. Wells Fargo & Company boosted their target price on shares of Rambus from $73.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Arete raised shares of Rambus from a “neutral” rating to a “buy” rating and set a $91.00 price target on the stock in a research report on Thursday, August 28th. Wall Street Zen downgraded Rambus from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Rambus in a research report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Rambus has an average rating of “Buy” and an average target price of $108.14.

Insider Transactions at Rambus

In other Rambus news, Director Meera Rao sold 3,000 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $71.72, for a total transaction of $215,160.00. Following the completion of the sale, the director owned 29,914 shares in the company, valued at approximately $2,145,432.08. The trade was a 9.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Necip Sayiner sold 7,500 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $85.63, for a total transaction of $642,225.00. Following the transaction, the director owned 30,824 shares in the company, valued at approximately $2,639,459.12. The trade was a 19.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 29,227 shares of company stock valued at $2,714,940 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Rambus Trading Up 3.1%

RMBS opened at $95.25 on Friday. The company has a market cap of $10.25 billion, a P/E ratio of 45.14 and a beta of 1.47. The company has a fifty day moving average price of $99.33 and a two-hundred day moving average price of $76.26. Rambus, Inc. has a 1-year low of $40.12 and a 1-year high of $114.55.

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

Rambus Company 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.