<div id="readability-page-1"><p>Shares of Rimini Street, Inc. (NASDAQ:RMNI - Get Free Report) have been given an average rating of &#34;Hold&#34; by the five research firms that are presently  covering the stock, MarketBeat.com reports. One investment analyst  has rated the stock with a sell rating, one  has issued  a hold rating and three have issued  a buy rating on  the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $6.25.</p><p>Several equities analysts have recently weighed in on the stock. Roth Capital  set a $6.50 price objective on shares of Rimini Street and gave the stock a &#34;buy&#34; rating in a research note on Thursday, July 10th. Weiss Ratings  reiterated a &#34;sell (d+)&#34; rating on shares of Rimini Street in a research report on Wednesday, October 8th. Wall Street Zen lowered Rimini Street from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a report on Saturday, August 2nd. Finally, Cowen  reiterated a &#34;hold&#34; rating on shares of Rimini Street in a report on Friday.</p><div><p><span></span><span>Get <strong>Rimini Street</strong> alerts:</span></p></div><p><b>Read Our Latest Stock Analysis on Rimini Street</b></p><h2>Insider Activity at Rimini Street</h2><p>In other news, CFO Michael L. Perica sold 100,249 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $4.20, for a total value of $421,045.80. Following the transaction, the chief financial officer owned 146,032 shares in the company, valued at approximately $613,334.40. This represents a 40.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Nancy Lyskawa sold 24,344 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $4.00, for a total value of $97,376.00. Following the sale, the executive vice president directly owned 160,609 shares of the company's stock, valued at $642,436. The trade was a 13.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 231,422 shares of company stock valued at $969,055 in the last quarter. 41.20% of the stock is owned by insiders. </p><h2>Institutional Inflows and Outflows</h2><p>Several hedge funds have recently made changes to their positions in RMNI. Marshall Wace LLP bought a new stake in shares of  Rimini Street in the 2nd quarter worth approximately $1,134,000.  Samjo Management LLC increased its stake in  Rimini Street by 142.5% in the 2nd quarter. Samjo Management LLC now owns 485,000 shares of the company's stock valued at $1,828,000 after buying an additional 285,000 shares during the period.  Boston Partners acquired a new stake in  Rimini Street during the first quarter valued at $883,000.  Voss Capital LP bought a new position in  Rimini Street during the second quarter valued at approximately $942,000.  Finally, Informed Momentum Co LLC acquired a new position in shares of  Rimini Street during the 1st quarter worth $718,000. Institutional investors and hedge funds own  73.75% of the company's stock. </p><h2>Rimini Street Stock Down 12.3%</h2><p>RMNI traded down $0.57 during trading hours on Friday, hitting $4.07. The stock had a trading volume of 534,263 shares, compared to its average volume of 317,093. The company's fifty day simple moving average is $4.51 and its 200 day simple moving average is $4.02. Rimini Street has a 1 year low of $1.56 and a 1 year high of $5.38. The stock has a market cap of $376.27 million, a PE ratio of -101.20 and a beta of 1.38. </p><h2>About Rimini Street</h2> (Get Free Report)<p>Rimini Street, Inc provides enterprise software products, services, and support. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients' application, database, and technology enterprise software; Rimini Support, a mission-critical support for Oracle, SAP, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; Rimini Protect, a suite of personalized software security services and solutions; and Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Rimini Street</li><li>About the Markup Calculator</li><li>Comfort Systems Is the AI Data Center Stock Beating NVDA, AVGO, &amp; AMD</li><li>Stock Dividend Cuts Happen Are You Ready?</li><li>Cameco's $80 Billion U.S. Nuclear Deal Changes Everything </li><li>3 Home Improvement Stocks that Can Upgrade Your Portfolio</li><li>NU Stock: U.S. Bank License May Be the Next Growth Catalyst</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Uk1OSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Uk1OSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Rimini Street Right Now?</h2><p>Before you consider Rimini Street, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rimini Street wasn't on the list.</p><p>While Rimini Street currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

RMNI

<p>Rimini Street, Inc. (NASDAQ:RMNI) has received a consensus "Hold" rating from five research firms. The average one-year price target is $6.25, with one sell, one hold, and three buy ratings. Recent insider sales included CFO Michael L. Perica selling over 100,000 shares. The stock is down 12.3%, trading at $4.07, with a market cap of $376.27 million. Institutional investors own 73.75% of the company. Rimini Street provides support services for Oracle and SAP software products.</p>

Rimini Street, Inc. (NASDAQ:RMNI) Receives Consensus Recommendation of "Hold" from Brokerages