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Hillsdale Investment Management boosted its Rambus stake by 8.8% in Q3, now holding 112,700 shares worth $11.7 million.
Hillsdale Investment Management increased its stake in Rambus (RMBS) by 8.8% in Q3, now holding 112,700 shares valued at $11.7 million.
The company reported strong Q2 earnings on February 2nd, with $0.68 EPS matching estimates and $190.24 million in revenue, slightly above expectations.
Rambus, a semiconductor IP licensing firm founded in 1990, has a market cap of $11.06 billion, a 52-week range of $40.12 to $135.75, and a consensus price target of $105.71.
Analysts have mixed ratings, ranging from "Strong Buy" to "Moderate Sell," with institutional investors owning 88.5% of shares.
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Hillsdale Investment Management aumentó su participación en Rambus en un 8.8% en el tercer trimestre, ahora posee 112,700 acciones por valor de $ 11.7 millones.