Large Outflow of Money Witnessed in Rambus

Rambus (RMBS) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($8.64 million) and the uptick to downtick ratio was 0.31. The transaction value on upticks was $3.94 million and on downticks, the transaction value was $12.58 million. In block trades, the transaction value of inflow done during uptick was $1.19 million. The transaction value of block trades during downticks was $9.24 million. The uptick to downtick block trade ratio was 0.13. The money flow was negative ($8.06 million), indicating the traders were booking profit on the price strength. Rambus (RMBS) rose $0.58 at $14.4, during intraday Friday , a rise of 4.2% over the previous days close.


The company Insiders own 2.3% of Rambus shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.57% . Institutional Investors own 75% of Rambus shares. During last six month period, the net percent change held by insiders has seen a change of -5.26%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP & GC) of Rambus Inc, Kim Jae had sold 9,851 shares worth of $136,633 in a transaction dated August 22, 2016. In this transaction, 9,851 shares were sold at $13.87 per share.

Rambus (NASDAQ:RMBS): stock was range-bound between the intraday low of $14.15 and the intraday high of $14.5 after having opened at $14.5 on Fridays session. The stock finally closed in the red at $14.5, a loss of -0.28%. The stock remained in the red for the whole trading day. The total traded volume was 688,062 shares. The stock failed to cross $14.5 in Fridays trading. The stocks closing price on Thursday was $14.4.

Rambus (RMBS) : Traders are bullish on Rambus (RMBS) as it has outperformed the S&P 500 by a wide margin of 5.19% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.72%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.24% in the last 1 week, and is up 5.05% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Rambus Inc. is a technology solutions company. The Companys technology portfolio addresses the evolving power, performance and security requirements of the mobile, cloud computing and connected device markets. It offers solutions in memory, chip interfaces and architectures, security and advanced light emitting diode (LED) lighting. The Company has four operational units: Memory and Interfaces Division (MID), which focuses on the design, development and licensing of technology that is related to memory and interfaces; Cryptography Research Division (CRD), which focuses on the design, development and licensing of technologies for chip and system security and anti-counterfeiting; Emerging Solutions Division (ESD), which includes the Companys computational sensing and imaging group along with its development efforts in the area of emerging technologies, and Lighting and Display Technologies (LDT), which focuses on the design, development and licensing of technologies for lighting.

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