Insider Selling: Rimini Street Inc (RMNI) President Sells $240,513.02 in Stock

Rimini Street Inc (NASDAQ:RMNI) President Sebastian Grady sold 34,067 shares of the firm’s stock in a transaction dated Thursday, October 25th. The stock was sold at an average price of $7.06, for a total transaction of $240,513.02. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Sebastian Grady also recently made the following trade(s):

  • On Monday, October 22nd, Sebastian Grady sold 969 shares of Rimini Street stock. The stock was sold at an average price of $7.03, for a total transaction of $6,812.07.
  • On Thursday, October 18th, Sebastian Grady sold 553 shares of Rimini Street stock. The stock was sold at an average price of $7.00, for a total transaction of $3,871.00.
  • On Thursday, September 20th, Sebastian Grady sold 13,743 shares of Rimini Street stock. The stock was sold at an average price of $7.03, for a total transaction of $96,613.29.
  • On Wednesday, September 12th, Sebastian Grady sold 1,600 shares of Rimini Street stock. The stock was sold at an average price of $7.00, for a total transaction of $11,200.00.
  • On Friday, August 3rd, Sebastian Grady sold 19,503 shares of Rimini Street stock. The stock was sold at an average price of $7.94, for a total transaction of $154,853.82.
  • On Wednesday, August 1st, Sebastian Grady sold 34,903 shares of Rimini Street stock. The stock was sold at an average price of $7.09, for a total transaction of $247,462.27.

NASDAQ RMNI opened at $6.95 on Monday. Rimini Street Inc has a 52-week low of $4.00 and a 52-week high of $10.00.



Several hedge funds and other institutional investors have recently bought and sold shares of the company. Cowen Inc. lifted its stake in shares of Rimini Street by 48.6% during the 2nd quarter. Cowen Inc. now owns 766,778 shares of the company’s stock worth $5,023,000 after buying an additional 250,763 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Rimini Street during the 2nd quarter worth about $2,734,000. Millennium Management LLC lifted its stake in shares of Rimini Street by 147.1% during the 1st quarter. Millennium Management LLC now owns 151,748 shares of the company’s stock worth $1,299,000 after buying an additional 90,331 shares during the last quarter. Northern Trust Corp acquired a new stake in shares of Rimini Street during the 2nd quarter worth about $568,000. Finally, Ramsey Quantitative Systems lifted its stake in shares of Rimini Street by 102.8% during the 3rd quarter. Ramsey Quantitative Systems now owns 24,487 shares of the company’s stock worth $155,000 after buying an additional 12,414 shares during the last quarter. Institutional investors own 41.37% of the company’s stock.

Rimini Street Company Profile

Rimini Street, Inc provides enterprise software products and services for various industries. The company offers third-party support for Oracle and SAP software products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific.

Further Reading: S&P 500 Index

Insider Buying and Selling by Quarter for Rimini Street (NASDAQ:RMNI)

Receive News & Ratings for Rimini Street Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rimini Street and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply