Rambus director Charles Kissner sells $504,600 in common stock
On August 7, 2026, Rambus Inc. Director Charles Kissner sold 5,000 shares of the company's common stock for a total of $504,600, with each share priced at $100.92. This sale, executed under a Rule 10b5-1 trading plan since May 8, 2026, left Mr. Kissner with 40,545 shares personally held, plus an additional 13,747 shares indirectly held by Kissner and Associates LLC.
Notably, Rambus stock has since dropped to $95.89, trading below the sale price. Despite this decline, Pro Analysis suggests the stock remains undervalued, making it one of US equities on the Most Undervalued list. In other news, Rambus Inc. recently reported strong Q2 fiscal 2026 results, surpassing Wall Street expectations with $207.4 million in revenue, surpassing forecasted high-end guidance and setting a new milestone above $200 million.
Analysts at Benchmark reaffirmed a Buy rating with a $165 price target, noting the company's strong momentum in product revenue and memory interface chips.
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