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Rambus Inc . (NASDAQ:RMBS) President and CEO, Seraphin Luc, has sold 10,000 shares of the company’s common stock, according to a recent SEC filing. The transaction, which took place on March 25, 2025, was executed under a pre-arranged trading plan, known as a Rule 10b5-1 plan, adopted in December 2024. The shares were sold at a weighted average price of $58.6406, with individual sale prices ranging from $57.885 to $59.10. The sale comes as Rambus stock has shown impressive momentum, with a 38.78% return over the past six months, according to InvestingPro data.
Following this transaction, Luc retains direct ownership of 306,931 shares of Rambus. The sale was conducted as part of a standard trading plan, which allows corporate executives to sell a predetermined number of shares at scheduled intervals, thereby avoiding potential conflicts of interest or accusations of insider trading. With a market capitalization of $6.04 billion and an impressive gross profit margin of 82.23%, Rambus demonstrates strong financial health, earning a "GREAT" rating from InvestingPro’s comprehensive analysis system.
Rambus, based in San Jose, California, operates in the semiconductor industry, focusing on the development of memory and interface technologies. The company maintains a solid financial position with more cash than debt on its balance sheet, one of 13 key insights available through InvestingPro’s detailed research reports.
In other recent news, Rambus Inc. reported record-setting financial performance, achieving all-time highs in total revenue, product revenue, profitability, and cash generation. This exceptional performance has led Rosenblatt Securities to raise its price target for Rambus shares to $92, maintaining a Buy rating. Furthermore, Jefferies lifted its price target from $55 to $69, citing the company’s transition to DDR5 technology and the anticipated introduction of companion chips. Loop Capital also maintained its Buy rating with a price target of $70, reflecting confidence in Rambus’s market position amidst evolving semiconductor market dynamics.
Rambus has unveiled its new CryptoManager Security IP product line, offering a range of security solutions with industry certifications, including FIPS 140-3 and ISO 26262, aimed at enhancing data security across various sectors. Evercore ISI has reiterated its Outperform rating on Rambus, with a price target of $71, suggesting confidence in the company’s potential to outperform the market. These developments underscore Rambus’s active role in expanding its product offerings and securing a larger share of the semiconductor market.
The company’s recent launch of eight new semiconductor products is expected to drive another record year in 2025, particularly in areas benefiting from AI-related advancements. As Rambus continues to focus on high-capacity server DIMMs and next-generation security solutions, investors are closely watching its ability to capitalize on growing demand for advanced memory solutions.
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