ZTO Express (ZTO) Forms $15.05 Double Top; Rambus Inc. (RMBS) Had 7 Bulls

April 10, 2018 - By rebbecca

Rambus Inc. (NASDAQ:RMBS) Logo

ZTO Express (ZTO) formed double top with $16.40 target or 9.00% above today’s $15.05 share price. ZTO Express (ZTO) has $10.70B valuation. The stock increased 0.60% or $0.09 during the last trading session, reaching $15.05. About 415,849 shares traded. ZTO Express (NYSE:Cayman Inc) has 0.00% since April 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 11 analysts covering Rambus Inc (NASDAQ:RMBS), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Rambus Inc had 27 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, June 1 by Jefferies. The stock has “Hold” rating by Jefferies on Thursday, August 31. As per Friday, June 3, the company rating was initiated by Wunderlich. Citigroup maintained the shares of RMBS in report on Wednesday, October 25 with “Buy” rating. The firm has “Overweight” rating given on Tuesday, March 7 by JP Morgan. The rating was downgraded by JP Morgan on Friday, September 22 to “Neutral”. Jefferies maintained the shares of RMBS in report on Monday, July 24 with “Hold” rating. Loop Capital initiated the stock with “Buy” rating in Tuesday, December 6 report. On Friday, September 22 the stock rating was downgraded by J.P. Morgan to “Hold”. The rating was downgraded by Sidoti to “Neutral” on Monday, March 7. See Rambus Inc. (NASDAQ:RMBS) latest ratings:

27/03/2018 Broker: Deutsche Bank Rating: Buy New Target: $17 Initiates Coverage On
11/12/2017 Broker: Roth Capital Rating: Buy New Target: $18.0 Maintain
25/10/2017 Broker: Citigroup Rating: Buy Old Target: $15.3 New Target: $15.9 Maintain
24/10/2017 Broker: Loop Capital Markets Rating: Buy New Target: $19.0
19/10/2017 Broker: Jefferies Rating: Hold New Target: $14.0 Maintain

Rambus Inc. manufactures and sells semiconductor products in South Korea and internationally. The company has market cap of $1.50 billion. The firm focuses on the design, development, and manufacturing through partnerships and licensing of technology and solutions related to memory and interfaces; and design, development, deployment, and licensing of technologies for chip, system and in-field application security, anti-counterfeiting, smart ticketing, and mobile payments. It currently has negative earnings. It also focuses on the design, development, and licensing of technologies for advanced LED lighting solutions; and research and development in the area of emerging technologies, as well as providing various services, including know-how and technology transfer, product design and development, system integration, and other services.

Investors sentiment increased to 1.42 in 2017 Q4. Its up 0.41, from 1.01 in 2017Q3. It improved, as 16 investors sold Rambus Inc. shares while 36 reduced holdings. 23 funds opened positions while 51 raised stakes. 87.29 million shares or 4.39% more from 83.62 million shares in 2017Q3 were reported. 112,747 were reported by Comerica Bancshares. Ls Advsrs Lc reported 0% of its portfolio in Rambus Inc. (NASDAQ:RMBS). National Bank & Trust Of Montreal Can reported 469,703 shares. Aperio Grp Ltd Liability Corporation, a California-based fund reported 38,745 shares. Dalton Greiner Hartman Maher And Company has 0.92% invested in Rambus Inc. (NASDAQ:RMBS). Swiss State Bank holds 187,800 shares or 0% of its portfolio. Schwab Charles Invest Management Inc holds 613,535 shares or 0.01% of its portfolio. 10.25M are owned by Vanguard. Legal & General Grp Public Limited owns 0% invested in Rambus Inc. (NASDAQ:RMBS) for 223,944 shares. Wellington Grp Llp holds 0.01% in Rambus Inc. (NASDAQ:RMBS) or 1.99 million shares. Engineers Gate Manager L P has invested 0.07% in Rambus Inc. (NASDAQ:RMBS). Assetmark Inc has 0% invested in Rambus Inc. (NASDAQ:RMBS). Valley National Advisers invested in 0% or 50 shares. Hanson Doremus Inv owns 11,682 shares. Fincl Bank Of America De reported 92,615 shares or 0% of all its holdings.

The stock increased 0.41% or $0.05 during the last trading session, reaching $13.52. About 80,901 shares traded. Rambus Inc. (NASDAQ:RMBS) has risen 4.57% since April 10, 2017 and is uptrending. It has underperformed by 6.98% the S&P500.

Since October 11, 2017, it had 0 insider purchases, and 7 sales for $429,592 activity. 4,064 shares were sold by STARK LAURA, worth $59,829. Another trade for 5,000 shares valued at $70,900 was sold by SHRIGLEY DAVID A. FISHER ELLIS THOMAS sold 1,702 shares worth $22,892. $73,663 worth of Rambus Inc. (NASDAQ:RMBS) was sold by STANG ERIC B. $90,540 worth of Rambus Inc. (NASDAQ:RMBS) was sold by KISSNER CHARLES.

Rambus Inc. (NASDAQ:RMBS) Institutional Positions Chart