Maverick Capital Ltd. Takes $1.12 Million Position in Rambus, Inc. $RMBS

Maverick Capital Ltd. purchased a new position in Rambus, Inc. (NASDAQ:RMBS) during the first quarter, HoldingsChannel reports. The firm purchased 13,028 shares of the semiconductor company’s stock, valued at approximately $1,121,000.

Several other institutional investors also recently added to or reduced their stakes in RMBS. Invesco Ltd. boosted its position in Rambus by 70.6% in the 4th quarter. Invesco Ltd. now owns 4,148,653 shares of the semiconductor company’s stock valued at $381,220,000 after buying an additional 1,716,621 shares during the period. Norges Bank purchased a new position in shares of Rambus during the fourth quarter worth approximately $156,356,000. Bank of America Corp DE increased its position in shares of Rambus by 196.0% during the third quarter. Bank of America Corp DE now owns 1,550,665 shares of the semiconductor company’s stock worth $161,579,000 after acquiring an additional 1,026,776 shares during the period. Bessemer Group Inc. raised its stake in shares of Rambus by 1,009.5% during the first quarter. Bessemer Group Inc. now owns 1,039,905 shares of the semiconductor company’s stock valued at $89,463,000 after acquiring an additional 946,177 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Rambus by 192.8% during the second quarter. AQR Capital Management LLC now owns 701,746 shares of the semiconductor company’s stock valued at $44,926,000 after acquiring an additional 462,116 shares in the last quarter. Hedge funds and other institutional investors own 88.54% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Evercore reissued an “outperform” rating and issued a $172.00 price objective on shares of Rambus in a research note on Tuesday, April 28th. Benchmark reaffirmed a “buy” rating on shares of Rambus in a research report on Tuesday. Rosenblatt Securities reaffirmed a “buy” rating and set a $165.00 target price on shares of Rambus in a research report on Tuesday. Wells Fargo & Company increased their price target on Rambus from $115.00 to $145.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 28th. Finally, Jefferies Financial Group increased their price target on Rambus from $120.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $139.78.

Insider Buying and Selling

In other Rambus news, Director Eric B. Stang sold 5,000 shares of Rambus stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $146.00, for a total value of $730,000.00. Following the transaction, the director owned 19,218 shares in the company, valued at $2,805,828. The trade was a 20.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Necip Sayiner sold 5,000 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $170.15, for a total transaction of $850,750.00. Following the completion of the transaction, the director owned 18,223 shares of the company’s stock, valued at $3,100,643.45. This represents a 21.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 62,914 shares of company stock worth $9,724,775 over the last ninety days. 0.75% of the stock is currently owned by company insiders.

Rambus Trading Down 9.0%

Shares of NASDAQ RMBS opened at $87.75 on Wednesday. Rambus, Inc. has a 12-month low of $65.31 and a 12-month high of $174.10. The stock’s fifty day simple moving average is $127.54 and its two-hundred day simple moving average is $114.37. The stock has a market capitalization of $9.49 billion, a PE ratio of 40.25 and a beta of 1.84.

Rambus (NASDAQ:RMBS) last released its quarterly earnings results on Monday, April 27th. The semiconductor company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.61 by $0.02. The firm had revenue of $180.19 million during the quarter, compared to analyst estimates of $179.94 million. Rambus had a return on equity of 18.28% and a net margin of 31.69%. On average, equities analysts predict that Rambus, Inc. will post 2.44 earnings per share for the current fiscal year.

Rambus News Roundup

Here are the key news stories impacting Rambus this week:

• Positive Sentiment: Rambus exceeded expectations. Q2 revenue rose 20.4% year over year to approximately $207.4 million, above the roughly $199.3 million consensus estimate. Non-GAAP EPS was $0.77, ahead of the $0.72 consensus and up from $0.60 a year earlier. Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
• Positive Sentiment: AI and data-center demand is accelerating growth. Record product sales, strong DDR5 momentum and increasing demand for memory solutions used in artificial-intelligence infrastructure supported the quarter. Rambus also highlighted expanding opportunities for its silicon intellectual-property business. Rambus Q2 Results Highlight AI-Fueled Growth Strategy
• Positive Sentiment: Management provided an upbeat third-quarter outlook. The guidance suggests continued growth, while Rosenblatt Securities reaffirmed its Buy rating and maintained a $165 price target, indicating substantial potential upside from the recent trading level. Rosenblatt Securities rating update
• Neutral Sentiment: The earnings beat and guidance reinforce the long-term AI-memory growth narrative, but the market’s reaction suggests investors may have expected an even larger upside surprise. Rambus trades at a premium valuation, making the shares sensitive to changes in growth expectations. Rambus Q2 Earnings Surpass Estimates, Revenues Rise Year over Year
• Negative Sentiment: The immediate pullback indicates a possible “sell-the-news” reaction. Despite the beat-and-raise quarter, investors may be locking in gains following the stock’s earlier advance, while elevated expectations and valuation are limiting the benefit of the positive results. Rambus Q2 2026 Earnings Call Highlights

About Rambus

Rambus Inc is a technology licensing company specializing in semiconductor and system-level interface solutions. Founded in 1990 by Stanford University researchers Mike Farmwald and Mark Horowitz, Rambus established its headquarters in Sunnyvale, California. The company initially gained prominence by developing high-speed DRAM interface technology and securing a broad patent portfolio covering memory architecture, data signaling and power management innovations.

Today, Rambus licenses its proprietary intellectual property (IP) to semiconductor companies, original equipment manufacturers (OEMs) and system integrators worldwide.