David W. Rowe Sells 3,900 Shares of Rimini Street, Inc. (RMNI) Stock
Rimini Street, Inc. (NASDAQ:RMNI) CMO David W. Rowe sold 3,900 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $7.06, for a total value of $27,534.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Rimini Street, Inc. (NASDAQ:RMNI) traded up $0.56 during trading on Friday, hitting $7.96. The stock had a trading volume of 229,592 shares, compared to its average volume of 23,148. Rimini Street, Inc. has a 12-month low of $6.48 and a 12-month high of $10.40.
Separately, Cowen assumed coverage on Rimini Street in a research note on Monday, November 6th. They issued an “outperform” rating and a $13.00 price objective for the company.
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