Sebastian Grady Sells 1,600 Shares of Rimini Street Inc (NASDAQ:RMNI) Stock

Rimini Street Inc (NASDAQ:RMNI) President Sebastian Grady sold 1,600 shares of the company’s stock in a transaction that occurred on Wednesday, September 12th. The shares were sold at an average price of $7.00, for a total value of $11,200.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

  • On Thursday, September 20th, Sebastian Grady sold 13,743 shares of Rimini Street stock. The shares were sold at an average price of $7.03, for a total value of $96,613.29.
  • On Friday, August 3rd, Sebastian Grady sold 19,503 shares of Rimini Street stock. The shares were sold at an average price of $7.94, for a total value of $154,853.82.
  • On Wednesday, August 1st, Sebastian Grady sold 34,903 shares of Rimini Street stock. The shares were sold at an average price of $7.09, for a total value of $247,462.27.
  • On Friday, July 27th, Sebastian Grady sold 201 shares of Rimini Street stock. The shares were sold at an average price of $7.02, for a total value of $1,411.02.
  • On Wednesday, July 25th, Sebastian Grady sold 8,240 shares of Rimini Street stock. The shares were sold at an average price of $7.07, for a total value of $58,256.80.
  • On Friday, July 20th, Sebastian Grady sold 9,314 shares of Rimini Street stock. The stock was sold at an average price of $7.10, for a total value of $66,129.40.
  • On Tuesday, July 17th, Sebastian Grady sold 7,777 shares of Rimini Street stock. The stock was sold at an average price of $7.13, for a total value of $55,450.01.
  • On Thursday, July 12th, Sebastian Grady sold 13,214 shares of Rimini Street stock. The stock was sold at an average price of $7.09, for a total value of $93,687.26.
  • On Monday, July 9th, Sebastian Grady sold 10,298 shares of Rimini Street stock. The stock was sold at an average price of $7.05, for a total value of $72,600.90.
  • On Tuesday, July 3rd, Sebastian Grady sold 1,004 shares of Rimini Street stock. The stock was sold at an average price of $7.00, for a total value of $7,028.00.

RMNI traded down $0.09 during trading on Monday, reaching $6.20. 31,800 shares of the company were exchanged, compared to its average volume of 59,528. Rimini Street Inc has a 52 week low of $4.00 and a 52 week high of $10.40.

A number of institutional investors and hedge funds have recently modified their holdings of RMNI. Cowen Inc. bought a new position in Rimini Street during the 1st quarter worth $4,417,000. BlackRock Inc. bought a new position in shares of Rimini Street in the second quarter worth $2,734,000. Millennium Management LLC boosted its stake in Rimini Street by 147.1% during the first quarter. Millennium Management LLC now owns 151,748 shares of the company’s stock valued at $1,299,000 after buying an additional 90,331 shares in the last quarter. Northern Trust Corp bought a new position in Rimini Street during the second quarter valued at about $568,000. Finally, Schwab Charles Investment Management Inc. bought a new position in Rimini Street during the second quarter valued at about $124,000. Hedge funds and other institutional investors own 41.37% of the company’s stock.

About Rimini Street

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.

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