After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Rambus Inc. (RMBS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $1.01, or 2.26%, to $45.70. The Rambus Inc. has recorded 24,409 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Rambus Reports Fourth Quarter and Fiscal Year 2022 Financial Results.
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Stocks Info
Rambus Inc. is listed on the NASDAQ in the Technology sector while operating in the Semiconductors industry. At the end of the last regular session, the stock closed at $44.69 and fluctuated between $44.74 as its day high and $43.74 as its day low. The current market capitalization of Rambus Inc. is $4.80B. A total of 0.76 million shares were traded on the day, compared to an average of 903.84K shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, RMBS has seen 6 BUY and 7 SELL insider trades, representing the acquisition of 483,036 and the disposition of 269,339 shares. Over the last 12 months, there were 21 BUYs and 26 SELLs from insiders. Insiders purchased 618,196 shares during that period but sold 592,227.
In the most recent transaction, STANG ERIC B sold 6,000 shares of RMBS for 45.46 per share on Feb 13. After the transaction, the Director now owns 27,180 company shares. In a previous transaction on Feb 10, Sayiner Necip sold 2,873 shares at 45.53 per share. RMBS shares that Director owns now total 25,000.
Among the insiders who sold shares, FAN XIANZHI SEAN disposed of 52,852 shares on Nov 18 at a per-share price of $37.88. This resulted in the COO holding 127,886 shares of RMBS after the transaction. In another insider transaction, FAN XIANZHI SEAN sold 10,277 shares at $38.30 per share on Nov 16. Company shares held by the COO now total 180,738.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for RMBS in the last 3 months, the mean price target is $50.80 with high estimates of $60.00 and low estimates of $39.00. In terms of 52-week highs and lows, RMBS has a high of $46.16 and a low of $20.00.
As of this writing, RMBS has an earnings estimate of $0.45 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.47 per share and a lower estimate of $0.39. The company reported an EPS of $0.43 in the last quarter, which was 7.50% higher than expectations of $0.4.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 6 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RMBS is Overweight with a score of 4.60. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.