Randy Seidl Buys 30,000 Shares of Rain Enhancement Technologies Holdco (NASDAQ:RAIN) Stock

Posted by Stanley Muller on May 24th, 2026

Rain Enhancement Technologies Holdco, Inc. (NASDAQ:RAIN – Get Free Report) CEO Randy Seidl purchased 30,000 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was bought at an average price of $2.53 per share, with a total value of $75,900.00. Following the completion of the transaction, the chief executive officer owned 640,834 shares of the company’s stock, valued at $1,621,310.02. The trade was a 4.91% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Rain Enhancement Technologies Holdco Stock Down 2.9%

Shares of RAIN opened at $2.38 on Friday. The company has a market cap of $19.49 million, a PE ratio of -1.90 and a beta of -0.30. The business has a fifty day moving average of $2.42 and a 200 day moving average of $3.64. Rain Enhancement Technologies Holdco, Inc. has a 52-week low of $1.26 and a 52-week high of $8.52.

Rain Enhancement Technologies Holdco (NASDAQ:RAIN – Get Free Report) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.24) earnings per share (EPS) for the quarter. The company had revenue of $0.01 million during the quarter.

Institutional Trading of Rain Enhancement Technologies Holdco

A number of hedge funds and other institutional investors have recently bought and sold shares of RAIN. Knott David M Jr purchased a new stake in Rain Enhancement Technologies Holdco in the first quarter worth $258,000. Harraden Circle Investments LLC purchased a new stake in Rain Enhancement Technologies Holdco in the third quarter worth $332,000. Quarry LP purchased a new stake in Rain Enhancement Technologies Holdco in the fourth quarter worth $88,000. Clear Street Group Inc. purchased a new stake in Rain Enhancement Technologies Holdco in the third quarter worth $53,000. Finally, Bank of America Corp DE increased its stake in Rain Enhancement Technologies Holdco by 38,985.0% in the third quarter. Bank of America Corp DE now owns 7,817 shares of the company’s stock worth $43,000 after purchasing an additional 7,797 shares during the period. Hedge funds and other institutional investors own 25.79% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Rain Enhancement Technologies Holdco from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Read Our Latest Research Report on Rain Enhancement Technologies Holdco