RMBS RAMBUS INC
Price Chart
Executive Summary
Two Rambus directors sold a combined $1.47M in open-market sales over two days, representing ~0.01% of the $14B market cap. The sales follow the company's Q1 2026 earnings release (April 27), which showed solid but in-line results with 8% revenue growth and 7% non-GAAP EPS growth. The dollar amount is trivial relative to market cap, and both sellers are directors (not C-suite), making this a routine portfolio diversification event with no material signal.
Key Financial Metrics
Actionable Insight
This insider cluster is routine and immaterial. Monitor for any C-suite selling in the coming weeks, which would carry more signal. The Q1 earnings report showed solid fundamentals with product revenue up 15% — no reason to read this director selling as bearish.
Key Facts
- Two directors sold a combined $1.47M in open-market sales on May 7-8, 2026
- Sayiner Necip sold 9,824 shares at $130.18 ($1.28M); Steven Laub sold 1,500 shares at $125.52 ($188K)
- Total sales represent ~0.01% of Rambus's $14B market cap — immaterial
- Sales occurred 11-12 days after Q1 2026 earnings (April 27) which reported $180.2M revenue (+8% YoY) and non-GAAP EPS of $0.63 (+7% YoY)
- No C-suite executives participated; both sellers are non-executive directors
Financial Impact
Total insider sales of $1.47M, representing ~0.01% of market cap — negligible economic impact
Risk Factors
- Historical calibration shows prior neutral-score reports on RMBS had poor T+20 performance (-8.3% avg return), suggesting the stock may be volatile regardless of filing content
- No C-suite participation limits the informational value of this cluster
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RMBS-1778528442736 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 3, 2026
6d ago
|
Insider Cluster
| $169.35 $145.31 | ▼ −14.20% | ▼ −11.62% | $152.03 (−10.23%) |
|
Jun 2, 2026
7d ago
|
Insider Cluster
| $170.66 $169.35 | ▼ −0.77% | ▼ −1.17% | $152.03 (−10.92%) |
|
May 27, 2026
13d ago
|
Insider Cluster
| $148.02 $145.46 | ▼ −1.73% | ▼ −1.97% | $152.03 (+2.71%) |
|
May 26, 2026
14d ago
|
Insider Cluster
| $148.66 $148.02 | ▼ −0.43% | ▼ −0.98% | $152.03 (+2.27%) |
|
May 7, 2026
4w ago
|
Insider Cluster
| $126.60 $129.25 | ▲ +2.09% | ▲ +1.26% | $152.03 (+20.09%) |
|
Apr 29, 2026
5w ago
|
8-K
| $115.11 $115.11 | · 0.00% | ▼ −0.22% | $152.03 (+32.07%) |
|
Apr 27, 2026
6w ago
|
8-K
| $111.27 $110.48 | ▼ −0.71% | ▼ −0.70% | $152.03 (+36.63%) |
|
Apr 24, 2026
6w ago
|
8-K
| $141.31 $111.27 | ▼ −21.26% | ▼ −20.77% | $152.03 (+7.59%) |
|
Mar 6, 2026
13w ago
|
DEFA14A
| $88.52 $89.61 | ▲ +1.23% | ▲ +1.41% | $152.03 (+71.75%) |
|
Mar 2, 2026
14w ago
|
Insider Cluster
| $98.88 $87.59 | ▼ −11.42% | ▼ −10.50% | $152.03 (+53.75%) |
US Market Status
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