Rimini Street, Inc. (NASDAQ:RMNI) SVP Brian Slepko sold 200,000 shares of Rimini Street stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $7.00, for a total value of $1,400,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of Rimini Street, Inc. (NASDAQ RMNI) traded down $0.02 during midday trading on Tuesday, reaching $7.96. The company’s stock had a trading volume of 17,496 shares, compared to its average volume of 54,110. 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 report on Monday, November 6th. They set an “outperform” rating and a $13.00 price objective for the company.

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