After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Rambus Inc. (RMBS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.74, or 1.29%, to $58.00. The Rambus Inc. has recorded 31,446 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Rambus Safeguards Accelerated Computing with FPGA-targeted Security IP.
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Stocks Info
This NASDAQ-listed company operates within the Semiconductors industry segment, falling under the Technology sector. The current market capitalization of Rambus Inc. is $6.16B. A total of 0.66 million shares were traded on the day, compared to an average of 1.46M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, RMBS has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 8,538 shares. Over the last 12 months, there were 16 BUYs and 30 SELLs from insiders. Insiders purchased 528,081 shares during that period but sold 564,568.
In the most recent transaction, FAN XIANZHI SEAN sold 17,309 shares of RMBS for 54.99 per share on Aug 29. After the transaction, the COO now owns 168,223 company shares. In a previous transaction on Aug 16, STANG ERIC B sold 8,538 shares at 53.25 per share. RMBS shares that Director owns now total 18,642.
Among the insiders who sold shares, Seraphin Luc disposed of 4,556 shares on May 15 at a per-share price of $49.39. This resulted in the President and CEO holding 255,332 shares of RMBS after the transaction. In another insider transaction, Seraphin Luc sold 12,500 shares at $47.98 per share on May 08. Company shares held by the President and CEO now total 255,414.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for RMBS in the last 3 months, the mean price target is $69.83 with high estimates of $75.00 and low estimates of $65.00. In terms of 52-week highs and lows, RMBS has a high of $68.54 and a low of $23.84.
As of this writing, RMBS has an earnings estimate of $0.41 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.41 per share and a lower estimate of $0.4. The company reported an EPS of $0.44 in the last quarter, which was 4.80% higher than expectations of $0.42.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. RMBS’s latest balance sheet shows that the firm has $485.61M in Cash & Short Term Investments as of fiscal 2021. There were $198.78M in debt and $267.27M in liabilities at the time. Its Book Value Per Share was $8.67, while its Total Shareholder’s Equity was $862.40M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 Buy with a score of 5.00.