Alberta Investment Management Corp Raises Holdings in Rambus, Inc. $RMBS

Alberta Investment Management Corp boosted its position in shares of Rambus, Inc. (NASDAQ:RMBS) by 6.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,600 shares of the semiconductor company’s stock after buying an additional 3,632 shares during the period. Alberta Investment Management Corp owned 0.06% of Rambus worth $4,136,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise acquired a new position in shares of Rambus in the first quarter valued at approximately $25,000. True Wealth Design LLC increased its stake in 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 buying an additional 260 shares during the period. Bessemer Group Inc. increased its stake in Rambus by 105.8% in the 2nd quarter. Bessemer Group Inc. now owns 463 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 238 shares during the period. Hantz Financial Services Inc. raised its position in Rambus by 1,386.0% during the 2nd 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 last quarter. Finally, McIlrath & Eck LLC acquired a new stake in shares of Rambus in the 1st quarter worth $42,000. Hedge funds and other institutional investors own 88.54% of the company’s stock.

Insiders Place Their Bets

In other Rambus news, Director Eric B. Stang sold 5,000 shares of Rambus stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $102.35, for a total value of $511,750.00. Following the completion of the sale, the director owned 24,394 shares in the company, valued at $2,496,725.90. The trade was a 17.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Meera Rao sold 3,000 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $71.72, for a total transaction of $215,160.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 29,227 shares of company stock valued at $2,714,940. 1.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on RMBS. Wall Street Zen cut shares of Rambus from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Arete upgraded Rambus from a “neutral” rating to a “buy” rating and set a $91.00 target price on the stock in a research report on Thursday, August 28th. Susquehanna set a $100.00 price target on Rambus and gave the company a “neutral” rating in a report on Monday, October 6th. Jefferies Financial Group upgraded Rambus to a “strong-buy” rating in a research note on Tuesday, October 28th. Finally, Wells Fargo & Company increased their price objective on Rambus from $73.00 to $115.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. Three equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $108.14.

Rambus Price Performance

NASDAQ:RMBS opened at $95.25 on Monday. The firm has a 50 day simple moving average of $99.33 and a 200-day simple moving average of $76.46. The firm has a market cap of $10.25 billion, a PE ratio of 45.14 and a beta of 1.47. Rambus, Inc. has a 1-year low of $40.12 and a 1-year high of $114.55.

Rambus (NASDAQ:RMBS) last released 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 return on equity of 17.73% and a net margin of 33.72%.The firm had revenue of $178.51 million during the quarter, compared to analysts’ expectations of $175.60 million. During the same period in the previous year, the firm posted $0.45 earnings per share. The firm’s revenue was up 22.7% on a year-over-year basis. Rambus has set its Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Rambus, Inc. will post 1.89 earnings per share 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.