Rimini Street Inc. (RMNI) reported first-quarter 2026 revenue of $109.8 million, up 5.4% year over year and above the consensus estimate of $104.8 million.
The company delivered top-line growth while profitability weakened sharply. Operating profit and net income both contracted substantially year over year, and diluted earnings per share fell to $0.01.
In short, Rimini Street (RMNI) posted a revenue beat and modest gross-profit growth, but saw sharply reduced operating profit and net income; liquidity on the balance sheet improved while operating cash flow declined.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Rimini Street Inc. Insider Trading Activity
Rimini Street Inc. insiders have traded $RMNI stock on the open market 20 times in the past 6 months. Of those trades, 0 have been purchases and 20 have been sales.
Here’s a breakdown of recent trading of $RMNI stock by insiders over the last 6 months:
- MICHAEL L. PERICA (EVP & Chief Financial Officer) has made 0 purchases and 4 sales selling 81,901 shares for an estimated $317,833.
- SETH A. RAVIN (President, CEO & Chairman) has made 0 purchases and 3 sales selling 55,165 shares for an estimated $201,188.
- KEVIN MADDOCK (EVP,ChiefRecurringRev.Officer) has made 0 purchases and 4 sales selling 12,469 shares for an estimated $46,080.
- DAVID W. ROWE (EVP & Chief Marketing Officer) has made 0 purchases and 4 sales selling 10,166 shares for an estimated $37,224.
- NANCY LYSKAWA (EVP & Chief Client Officer) has made 0 purchases and 3 sales selling 7,685 shares for an estimated $28,173.
- STEVEN HERSHKOWITZ (EVP & Chief Revenue Officer) has made 0 purchases and 2 sales selling 5,193 shares for an estimated $18,917.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.
Rimini Street Inc. Hedge Fund Activity
We have seen 45 institutional investors add shares of Rimini Street Inc. stock to their portfolio, and 56 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SAMJO MANAGEMENT, LLC added 722,750 shares (+149.0%) to their portfolio in Q4 2025, for an estimated $2,804,270
- MINK BROOK ASSET MANAGEMENT LLC added 620,089 shares (+47.7%) to their portfolio in Q1 2026, for an estimated $2,033,891
- IMMERSION CORP added 526,450 shares (+inf%) to their portfolio in Q4 2025, for an estimated $2,042,626
- CENTERBOOK PARTNERS LP removed 335,683 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $1,302,450
- ACADIAN ASSET MANAGEMENT LLC added 285,599 shares (+12.9%) to their portfolio in Q4 2025, for an estimated $1,108,124
- BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. added 265,962 shares (+inf%) to their portfolio in Q4 2025, for an estimated $1,031,932
- VOSS CAPITAL, LP removed 180,000 shares (-72.0%) from their portfolio in Q4 2025, for an estimated $698,400
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
Rimini Street Inc. Government Contracts
We have seen $143,152 of award payments to $RMNI over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- RIMINI STREET VMWARE MAINTENANCE SUPPORT: $143,152
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
