After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.
Stocks Info
This NASDAQ-listed company operates within the Software – Application industry segment, falling under the Technology sector. The current market capitalization of Rimini Street Inc is $338.71M. A total of 0.65 million shares were traded on the day, compared to an average of 350.19K shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, RMNI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.
In the most recent transaction, Rowe David W. sold 3,512 shares of RMNI for 2.79 per share on Feb 03 ’25. After the transaction, the CPO,CMO&EVPGlob.Transformation now owns 390,763 company shares. In a previous transaction on Feb 03 ’25, Lyskawa Nancy sold 4,710 shares at 2.79 per share. RMNI shares that EVP & Chief Client Officer owns now total 133,295.
Among the insiders who sold shares, Maddock Kevin disposed of 5,615 shares on Feb 03 ’25 at a per-share price of $2.79. This resulted in the EVP,ChiefRecurringRev.Officer holding 116,968 shares of RMNI after the transaction. In another insider transaction, Perica Michael L. sold 7,837 shares at $2.79 per share on Feb 03 ’25. Company shares held by the EVP & Chief Financial Officer now total 163,090.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for RMNI in the last 3 months, the mean price target is $5.50 with high estimates of $7.00 and low estimates of $3.50. In terms of 52-week highs and lows, RMNI has a high of $3.75 and a low of $1.53.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. RMNI’s latest balance sheet shows that the firm has $119.57M in Cash & Short Term Investments as of fiscal 2021. There were $100.37M in debt and $329.50M in liabilities at the time. Its Book Value Per Share was -$0.76, while its Total Shareholder’s Equity was -$80.39M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RMNI is Buy with a score of 4.33.
