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Rambus (NASDAQ:RMBS) Senior Vice President and CFO Desmond Lynch sold 9,074 shares of common stock on September 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as the stock has delivered impressive returns, surging over 140% in the past year and currently trading near its 52-week high of $100.73, according to InvestingPro data.
The shares were sold at a weighted average price of $91.7014, for a total value of $832098. The prices for the sale ranged from $88.125 to $94.50. Following the transaction, Lynch directly owns 64,430 shares of Rambus. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading above its fair value, with technical indicators suggesting overbought conditions.
The sale was executed under a Rule 10b5-1 trading plan adopted on June 13, 2025. The company maintains strong fundamentals with impressive gross profit margins of 81.6% and holds more cash than debt on its balance sheet.
In other recent news, Rambus Inc. reported its second-quarter 2025 earnings, showing a mixed financial performance. The company missed earnings per share expectations, posting an EPS of $0.53 compared to the forecast of $0.58. However, Rambus exceeded revenue expectations with $172.2 million, surpassing the anticipated $166.97 million. This revenue beat was driven by product revenue growth, including contributions from companion chips and Silicon IP. In light of these results, several analyst firms have adjusted their price targets for Rambus. Evercore ISI raised its target to $114, maintaining an Outperform rating, citing a strong growth outlook. Baird set a street-high price target of $120, highlighting multiple product revenue growth catalysts expected in the second half of 2026. Additionally, Susquehanna increased its target to $75, and Rosenblatt adjusted theirs to $90, both maintaining positive ratings on the stock. These adjustments reflect the analysts’ confidence in Rambus’s ongoing performance and strategic direction.
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