Negative sentiment towards RMNI reflected by a jump of 42.15% in short interest

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Rimini Street Inc shares valued at $420,615 were sold by Perica Michael L. on Sep 02 ’25. At $4.20 per share, Perica Michael L. sold 100,249 shares. The insider’s holdings dropped to 146,032 shares worth approximately $0.68 million following the completion of this transaction.

Also, MICHAEL PERICA purchased 100,249 shares, netting a total of over 420,615 in proceeds.

Before that, Lyskawa Nancy had sold 24,344 shares from its account. In a trade valued at $97,429, the EVP & Chief Client Officer traded Rimini Street Inc shares for $4.00 each. Upon closing the transaction, the insider’s holdings decreased to 24,344 shares, worth approximately $0.75 million.

As published in a research note from Alliance Global Partners on February 28, 2025, Rimini Street Inc [RMNI] has been rated up from a Neutral to a Buy. Analysts at Craig Hallum upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid December. As of July 31, 2024, Alliance Global Partners has decreased its “Buy” rating to a “Neutral” for RMNI. Earlier on July 27, 2023, Craig Hallum downgraded its rating. Their new recommendation was “a Hold” for RMNI stock which previously was a “a Buy”.

Analyzing RMNI Stock Performance

On last trading session, Rimini Street Inc [NASDAQ: RMNI] rose 3.80% to $4.64. The stock’s lowest price that day was $4.605, but it reached a high of $4.88 in the same session. During the last five days, there has been a surge of approximately 5.69%. Over the course of the year, Rimini Street Inc shares have jumped approximately 153.55%. Shares of the company reached a 52-week high of $5.38 on 07/10/25 and a 52-week low of $2.49 on 01/08/25.

Support And Resistance Levels for Rimini Street Inc (RMNI)

According to the 24-hour chart, there is a support level at 4.54, which, if violated, would cause prices to drop to 4.43. In the upper region, resistance lies at 4.81. The next price resistance is at 4.98. RSI (Relative Strength Index) is 63.25 on the 14-day chart, showing neutral technical sentiment.

Is Rimini Street Inc subject to short interest?

Stocks of Rimini Street Inc saw a sharp rise in short interest on 2025-08-29 jumping by 0.39 million shares to 0.92 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 0.53 million shares. A jump of 42.15% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.45 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.45.

Which companies own the most shares of Rimini Street Inc (RMNI)?

In terms of Rimini Street Inc share price expectations, FactSet research, analysts set an average price target of 6.5 in the next 12 months, up nearly 45.41% from the previous closing price of $4.47. Analysts anticipate Rimini Street Inc stock to reach 6.5 by 2025, with the lowest price target being 6.5. In spite of this, 5 analysts ranked Rimini Street Inc stock as Buy at the end of 2025. On March 03, 2022, Alliance Global Partners assigned a price target of “a Buy” to the stock and upgraded coverage with a $8.50.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.