Rimini Street (NASDAQ:RMNI) EVP Sells $23,620.30 in Stock

08 May 2026, 19:56 by Scott Moore · The Cerbat Gem

Rimini Street, Inc. (NASDAQ:RMNI – Get Free Report) EVP Nancy Lyskawa sold 5,995 shares of Rimini Street stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $3.94, for a total transaction of $23,620.30. Following the transaction, the executive vice president owned 233,509 shares in the company, valued at $920,025.46. This represents a 2.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Nancy Lyskawa also recently made the following trade(s):

On Wednesday, March 4th, Nancy Lyskawa sold 5,337 shares of Rimini Street stock. The stock was sold at an average price of $3.64, for a total transaction of $19,426.68.
On Tuesday, March 3rd, Nancy Lyskawa sold 2,348 shares of Rimini Street stock. The stock was sold at an average price of $3.72, for a total transaction of $8,734.56.

Rimini Street Stock Performance

Shares of Rimini Street stock traded up $0.08 on Friday, hitting $4.02. 594,815 shares of the company’s stock were exchanged, compared to its average volume of 367,889. The company has a 50-day simple moving average of $3.46 and a 200-day simple moving average of $3.70. The stock has a market capitalization of $372.09 million, a PE ratio of 10.86 and a beta of 1.27. Rimini Street, Inc. has a 1 year low of $2.87 and a 1 year high of $5.38.

Institutional Trading of Rimini Street

A number of large investors have recently made changes to their positions in RMNI. Samjo Management LLC increased its holdings in shares of Rimini Street by 149.0% in the 4th quarter. Samjo Management LLC now owns 1,207,750 shares of the company’s stock worth $4,686,000 after buying an additional 722,750 shares during the last quarter. Mink Brook Asset Management LLC increased its holdings in shares of Rimini Street by 1,399.1% in the 3rd quarter. Mink Brook Asset Management LLC now owns 749,574 shares of the company’s stock worth $3,508,000 after buying an additional 699,574 shares during the last quarter. Immersion Corp bought a new stake in shares of Rimini Street in the 4th quarter worth about $2,043,000. Manatuck Hill Partners LLC increased its holdings in shares of Rimini Street by 401.4% in the 3rd quarter. Manatuck Hill Partners LLC now owns 604,640 shares of the company’s stock worth $2,830,000 after buying an additional 484,040 shares during the last quarter. Finally, CenterBook Partners LP bought a new stake in shares of Rimini Street in the 3rd quarter worth about $1,571,000. 73.75% of the stock is currently owned by institutional investors.

Trending Headlines about Rimini Street

Here are the key news stories impacting Rimini Street this week:

Positive Sentiment: Several executive stock sales were explicitly disclosed as transactions made to cover tax withholding obligations from vesting equity awards, which can reduce concern that insiders are cashing out for negative reasons. SEC filing for Nancy Lyskawa sale
Positive Sentiment: Rimini Street’s stock has been trading above both its 50-day and 200-day moving averages, suggesting recent momentum has improved versus earlier in the year.
Neutral Sentiment: EVP Nancy Lyskawa sold 5,995 shares, EVP Kevin Maddock sold 7,485 shares, CMO David W. Rowe sold 7,485 shares, and CFO Michael L. Perica sold 27,737 shares at $3.94 per share; all were reported as tax-withholding sales related to vesting equity awards. SEC filing for Kevin Maddock sale SEC filing for David W. Rowe sale SEC filing for Michael L. Perica sale
Negative Sentiment: Zacks Research downgraded Rimini Street from “hold” to “strong sell,” which is likely weighing on sentiment and may pressure the shares. Zacks downgrade article

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on RMNI. Zacks Research downgraded shares of Rimini Street from a “hold” rating to a “strong sell” rating in a report on Tuesday. TD Cowen lifted their price target on shares of Rimini Street from $4.00 to $4.50 and gave the company a “hold” rating in a report on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of Rimini Street in a report on Friday, March 27th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of Rimini Street in a report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $5.50.

Read Our Latest Analysis on RMNI

Rimini Street Company Profile

(Get Free Report)

Rimini Street, Inc (NASDAQ: RMNI) is a provider of enterprise software support services, specializing in third-party maintenance for mission-critical applications from leading technology vendors. The company offers comprehensive support for ERP, CRM and database environments, with coverage for systems from providers such as Oracle and SAP. Through its proactive system monitoring, performance tuning, regulatory and tax update services, Rimini Street aims to extend the lifecycle of enterprise applications while delivering service levels comparable to or exceeding those of original software vendors.