Westwood Holdings Group Inc. Increases Holdings in Rambus, Inc. $RMBS

by · The Cerbat Gem

Westwood Holdings Group Inc. increased its position in Rambus, Inc. (NASDAQ:RMBS – Free Report) by 41.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,737,062 shares of the semiconductor company’s stock after acquiring an additional 504,852 shares during the period. Rambus comprises about 1.0% of Westwood Holdings Group Inc.’s investment portfolio, making the stock its 18th biggest holding. Westwood Holdings Group Inc. owned 1.61% of Rambus worth $111,207,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of RMBS. Price T Rowe Associates Inc. MD lifted its stake in shares of Rambus by 60.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,746,856 shares of the semiconductor company’s stock worth $452,870,000 after purchasing an additional 3,297,728 shares during the period. Geode Capital Management LLC lifted its holdings in Rambus by 1.3% during the second quarter. Geode Capital Management LLC now owns 2,687,691 shares of the semiconductor company’s stock valued at $172,086,000 after purchasing an additional 35,744 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Rambus by 13.2% in the second quarter. Bank of New York Mellon Corp now owns 2,019,504 shares of the semiconductor company’s stock worth $129,289,000 after purchasing an additional 235,253 shares in the last quarter. American Century Companies Inc. raised its position in shares of Rambus by 21.1% during the 1st quarter. American Century Companies Inc. now owns 1,424,365 shares of the semiconductor company’s stock valued at $73,747,000 after purchasing an additional 248,013 shares during the period. Finally, Congress Asset Management Co. boosted its holdings in Rambus by 6.4% in the 2nd quarter. Congress Asset Management Co. now owns 1,276,926 shares of the semiconductor company’s stock worth $81,749,000 after buying an additional 77,362 shares during the period. 88.54% of the stock is owned by hedge funds and other institutional investors.

Rambus Stock Up 3.1%

RMBS opened at $95.25 on Friday. The business has a fifty day moving average of $99.33 and a 200 day moving average of $76.08. Rambus, Inc. has a 52-week low of $40.12 and a 52-week high of $114.55. The stock has a market cap of $10.25 billion, a P/E ratio of 45.14 and a beta of 1.47.

Rambus (NASDAQ:RMBS – Get Free Report) 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 net margin of 33.72% and a return on equity of 17.73%. The company had revenue of $178.51 million for the quarter, compared to the consensus estimate of $175.60 million. During the same quarter in the previous year, the business earned $0.45 EPS. The company’s quarterly revenue was up 22.7% compared to the same quarter last year. Rambus has set its Q4 2025 guidance at EPS. Equities analysts anticipate that Rambus, Inc. will post 1.89 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on RMBS shares. Weiss Ratings restated a “hold (c+)” rating on shares of Rambus in a research note on Thursday. Susquehanna set a $100.00 target price on shares of Rambus and gave the stock a “neutral” rating in a research report on Monday, October 6th. Evercore ISI lifted their price target on shares of Rambus from $114.00 to $126.00 and gave the company an “outperform” rating in a report on Tuesday, October 28th. Arete upgraded Rambus from a “neutral” rating to a “buy” rating and set a $91.00 price target for the company in a report on Thursday, August 28th. Finally, Wall Street Zen cut shares of Rambus from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Three analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $108.14.

Check Out Our Latest Analysis on Rambus

Insider Activity at Rambus

In other Rambus news, CFO Desmond Lynch sold 9,074 shares of Rambus stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $91.70, for a total transaction of $832,085.80. Following the completion of the transaction, the chief financial officer owned 64,430 shares in the company, valued at approximately $5,908,231. This trade represents a 12.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Necip Sayiner sold 7,500 shares of the firm’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $85.63, for a total value of $642,225.00. Following the sale, the director directly owned 30,824 shares in the company, valued at approximately $2,639,459.12. This trade represents a 19.57% 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.

Rambus Company Profile

(Free Report)

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.

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