Rimini Street Inc’s recently made public that its EVP & Chief Financial Officer Perica Michael L. unloaded Company’s shares for reported $93028.0 on May 06 ’25. In the deal valued at $3.28 per share,28,319 shares were sold. As a result of this transaction, Perica Michael L. now holds 237,361 shares worth roughly $0.85 million.
Then, Lyskawa Nancy sold 6,120 shares, generating $20,103 in total proceeds. Upon selling the shares at $3.28, the EVP & Chief Client Officer now owns 167,663 shares.
Before that, Maddock Kevin sold 7,620 shares. Rimini Street Inc shares valued at $25,030 were divested by the EVP,ChiefRecurringRev.Officer at a price of $3.28 per share. As a result of the transaction, Maddock Kevin now holds 143,538 shares, worth roughly $0.51 million.
Alliance Global Partners upgraded its Rimini Street Inc [RMNI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. Alliance Global Partners also remained covering RMNI and has decreased its forecast on July 31, 2024 with a “Neutral” recommendation from previously “Buy” rating. Craig Hallum revised its rating on July 27, 2023. It rated RMNI as “a Hold” which previously was an “a Buy”.
Price Performance Review of RMNI
On Tuesday, Rimini Street Inc [NASDAQ:RMNI] saw its stock jump 5.93% to $3.57. Over the last five days, the stock has gained 6.89%. Rimini Street Inc shares have risen nearly 33.71% since the year began. Nevertheless, the stocks have risen 51.27% over the past one year. While a 52-week high of $4.14 was reached on 03/17/25, a 52-week low of $1.53 was recorded on 01/08/25. SMA at 50 days reached $3.52, while 200 days put it at $2.57.
Levels Of Support And Resistance For RMNI Stock
The 24-hour chart illustrates a support level at 3.41, which if violated will result in even more drops to 3.25. On the upside, there is a resistance level at 3.67. A further resistance level may holdings at 3.78. The Relative Strength Index (RSI) on the 14-day chart is 58.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.62%. Stochastics %K at 64.13% indicates the stock is a holding.
