Weekly Research Analysts’ Ratings Updates for Rimini Street (RMNI)

Posted by on May 14th, 2026

A number of firms have modified their ratings and price targets on shares of Rimini Street (NASDAQ: RMNI) recently:

  • 5/5/2026 – Rimini Street was downgraded by Zacks Research from “hold” to “strong sell”.
  • 5/4/2026 – Rimini Street had its price target raised by TD Cowen from $4.00 to $4.50. They now have a “hold” rating on the stock.
  • 5/1/2026 – Rimini Street had its “buy” rating reaffirmed by Alliance Global Partners.
  • 4/27/2026 – Rimini Street had its price target lowered by TD Cowen from $4.25 to $4.00. They now have a “hold” rating on the stock.
  • 3/27/2026 – Rimini Street had its “hold (c)” rating reaffirmed by Weiss Ratings.

Insider Buying and Selling

In related news, EVP Kevin Maddock sold 7,485 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $3.94, for a total transaction of $29,490.90. Following the sale, the executive vice president directly owned 213,534 shares in the company, valued at approximately $841,323.96. This trade represents a 3.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CMO David W. Rowe sold 7,485 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $3.94, for a total value of $29,490.90. Following the sale, the chief marketing officer owned 498,119 shares in the company, valued at approximately $1,962,588.86. The trade was a 1.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 298,175 shares of company stock worth $1,142,381. Corporate insiders own 41.20% of the company’s stock.

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.

Founded in 2005 by technology entrepreneur Seth Ravin, Rimini Street has grown from a startup into a publicly traded company following its initial public offering in March 2018.

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