Rambus director Charles Kissner sells $504,600 in common stock By Investing.com

Charles Kissner, a Director at Rambus Inc. (), sold 5,000 shares of the company’s common stock on August 7, 2026. The transaction totaled $504,600, with shares sold at an exact price of $100.92 each.

The sale was carried out under a Rule 10b5-1 trading plan, which Mr. Kissner adopted on May 8, 2026. Following this transaction, Mr. Kissner directly holds 40,545 shares of Rambus common stock. An additional 13,747 shares are held indirectly by Kissner and Associates LLC, a company where Mr. Kissner is the owner.The stock has since declined to $95.89, trading below the director’s sale price. With a market capitalization of $10.4 billion and a P/E ratio of 45.09, InvestingPro analysis indicates the stock remains undervalued relative to its Fair Value, placing it among stocks on the Most Undervalued list. Investors seeking deeper insights can access comprehensive analysis through the company’s Pro Research Report, one of 1,400+ available for US equities.

In other recent news, Rambus Inc. reported impressive second-quarter fiscal 2026 results, surpassing Wall Street’s expectations. The company achieved non-GAAP earnings of $0.77 per share, exceeding the forecast of $0.72. Additionally, Rambus recorded a revenue milestone, reaching $207.4 million, which not only topped the high end of guidance but also marked the first time the company crossed the $200 million threshold. Product revenue soared to a record $99.2 million, driven by strong demand for DDR5 solutions. The company projected further growth in the third quarter, with product revenue expected to rise 14% sequentially at the midpoint.

Benchmark reiterated its Buy rating on Rambus, maintaining a $165 price target, following these strong quarterly results. Analyst Gary Mobley noted the company’s better-than-expected performance and guidance that met expectations. Rambus highlighted broad strength across its memory interface chips and silicon IP businesses, with revenue increasing 20% year over year. Non-GAAP net income reached $84.4 million, reflecting the company’s robust operating momentum.

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