A company insider recently sold 4,868 shares of Rimini Street Inc [RMNI]. Should You Sale?

Samantha Gray

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Rimini Street Inc shares valued at $22,627 were sold by Rowe David W. on Sep 22 ’25. At $4.65 per share, Rowe David W. sold 4,868 shares. The insider’s holdings dropped to 432,957 shares worth approximately $1.67 million following the completion of this transaction.

Also, Perica Michael L. sold 100,249 shares, netting a total of over 420,615 in proceeds. Following the sale of shares at $4.20 each, the insider now holds 146,032 shares.

Before that, MICHAEL PERICA had added 100,249 shares to its account. In a trade valued at $420,615, the Officer bought Rimini Street Inc shares for $4.20 each.

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] plunged -5.16% to $3.86. The stock’s lowest price that day was $3.82, but it reached a high of $4.05 in the same session. During the last five days, there has been a drop of approximately -16.81%. Over the course of the year, Rimini Street Inc shares have jumped approximately 114.44%. 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 3.77, which, if violated, would cause prices to drop to 3.67. In the upper region, resistance lies at 4.01. The next price resistance is at 4.15. RSI (Relative Strength Index) is 33.16 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 steep in short interest on 2025-10-15 dropping by 80778.0 shares to 1.09 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 1.17 million shares. A decline of -7.42% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.37 of the overall float, the days-to-cover ratio (short ratio) decline to 4.37.

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 59.71% from the previous closing price of $4.07. 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.

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