Rimini Street stock falls 1.17 percent as Q3 date nears
Rimini Street (RMNI) stock declined by 1.17% on October 2, 2026, as the company approaches its Q3 earnings report on October 29, 2026. While Q2 2026 revenue grew, adjusted earnings per share missed consensus estimates, setting the stage for the upcoming report to demonstrate if top-line growth can translate into stronger operating leverage. Analysts have a "Moderate Buy" consensus with an average price target of USD 6.3333, indicating potential upside.
A 100,002-share award is among five stock grants to Rimini Street (RMNI)'s revenue chief.
Rimini Street, Inc.'s EVP & Chief Revenue Officer, Steven Hershkowitz, was granted four employee stock option awards and five restricted stock unit awards on October 1, 2026. These grants include options with a $4.29 exercise price and restricted stock units, all subject to specific vesting schedules through March 2029, dependent on his continued service. Following these transactions, Hershkowitz holds 186,992 direct common shares.
Rimini Street choosing partnership to give customers choice
Rimini Street is focusing on partnerships, such as with Datacom, to provide customers with flexibility and choice regarding SAP and Oracle support. The company aims to address "AI fatigue" and vendor pressure for upgrades by allowing customers to modernize their ERP environments on their own timelines, without necessarily performing full upgrades. Shirley Riddick, Rimini Street GVP and regional general manager A/NZ, emphasizes the importance of local relationships and providing options for customers to invest in AI and automation effectively, stressing process reengineering before layering new technologies.
Rimini Street and Datacom look to give customers more control over ERP investment
Rimini Street and Datacom have formed a reseller agreement to provide Australian and New Zealand customers with more control over their ERP investments, particularly concerning SAP and Oracle support services. This partnership aims to offer customers flexibility in upgrading systems on their own timeline, rather than being driven by vendor roadmaps, especially with impending end-of-life dates for mainstream support. Both companies emphasize the importance of local presence, trusted relationships, and strategic technology investments, including responsible AI adoption and process reengineering, amidst economic challenges.
Rimini Street to Support Yonsei University Health System’s SAP ERP
Rimini Street announced it will provide its Rimini Support service for Yonsei University Health System's SAP ERP system. This move is expected to cut the health system's annual maintenance costs by approximately 50%, freeing up funds for investment in next-generation MIS and AI-based healthcare innovations. The agreement ensures stable technical support, quick responses to regulatory changes, and allows Yonsei to maintain its current SAP ERP version while strategically upgrading for its AI roadmap.
Form 4 Rimini Street Inc For: 23 September By Investing.com
This article announces the filing of a Form 4 for Rimini Street Inc. on September 23, without providing specific details from the form. It serves as a brief news update for investors tracking insider transactions for the company. The content also includes various market data and other news headlines from Investing.com.
Rimini Street (RMNI) marketing chief converts 13,333 stock units, then sells shares to cover taxes
David W. Rowe, EVP & Chief Marketing Officer of Rimini Street (RMNI), converted 13,333 restricted stock units into common stock on September 20, 2026. He then sold 4,884 common shares at $4.36 each on September 21, 2026, in an automatically triggered transaction to cover withholding tax obligations. Following these transactions, Rowe retained 13,334 restricted stock units and 506,568 common shares.
Two sets of options expire Dec. 7 for Rimini Street (RMNI)'s revenue chief, who also holds shares.
Rimini Street's EVP & Chief Revenue Officer, Steven Hershkowitz, has become a Section 16 Executive Officer again, reporting direct ownership of 186,992 common shares. He also holds vested employee stock options for an additional 42,482 shares, with exercise prices of $2.72 and $3.48, both set to expire on December 7, 2026. This information was disclosed in a Form 3 filing on September 24, 2026, detailing his holdings as of September 14, 2026.
Rimini Street EVP David Rowe sells $21,294 in tax-related stock
Rimini Street's EVP and Chief Marketing Officer, David W. Rowe, sold 4,884 shares of company stock worth $21,294 to cover tax obligations from vested Restricted Stock Units. This sale was an automatic transaction, not initiated by Rowe, and followed his acquisition of 13,333 shares through RSU vesting. The company recently reported Q2 2026 revenue above estimates but missed EPS forecasts, and made key leadership appointments.
Form 4 Rimini Street Inc For: 23 September By Investing.com
This article announces the filing of a Form 4 for Rimini Street Inc. on September 23. The brief piece, published by Investing.com, includes the company's stock symbol RMNI and its current percentage change. It appears to be a standard notification of an insider transaction document.
Rimini Street (RMNI) executive reports 100K in options and RSUs
Rimini Street, Inc. (RMNI) Executive Vice President and Chief Delivery Officer Alexander Guasch has reported initial equity holdings, including 50,000 employee stock options and 50,000 Restricted Stock Units (RSUs), totaling 100,000 underlying shares. These awards, granted on June 5, 2026, will vest in three equal annual installments from 2027 to 2029, contingent on his continued service. The stock options have an exercise price of $4.15 per share and expire in 2036.
Rimini Street and Datacom Announce Strategic Partnership to Accelerate AI Adoption and Drive IT Optimisation Across ANZ
Rimini Street and Datacom have formed a strategic partnership to enhance AI adoption and IT optimization across Australia and New Zealand. Datacom will offer Rimini Support for Oracle and SAP software, enabling clients to benefit from expert third-party support, significant cost savings, and the ability to reallocate IT budgets toward strategic AI-driven initiatives and digital transformation. This collaboration aims to help organizations maximize existing investments and accelerate innovation.
Form 8K Rimini Street Inc For: 14 September By Investing.com
This article reports on a Form 8K filing by Rimini Street Inc. on September 14. The content primarily consists of financial market data and popular news headlines from Investing.com, rather than details about the 8K filing itself.
Rimini Street and Datacom Announce Strategic Partnership to Accelerate AI Adoption and Drive IT Optimisation Across ANZ
Rimini Street and Datacom have formed a strategic partnership to accelerate AI adoption and drive IT optimization across Australia and New Zealand. Datacom will resell Rimini Support for Oracle and SAP software, allowing clients to achieve significant cost savings, extend the life of their enterprise software investments, and redirect resources towards strategic initiatives like AI and digital transformation. This collaboration aims to maximize the value of current IT investments and reduce operational risk for organizations in the region.
Rimini Street partners with Datacom for Australia, New Zealand
Rimini Street Inc. has formed a strategic partnership with Datacom to deliver third-party support services for Oracle and SAP software to clients in Australia and New Zealand. This collaboration allows Datacom to offer Rimini Support, including level 4 support, security, and compliance solutions, enabling customers to save up to 90% on software support costs. The partnership aims to help organizations reallocate IT budgets towards digital transformation, cloud migration, and AI initiatives.
Form 8K Rimini Street Inc For: 14 September By Investing.com
This article reports on Rimini Street Inc.'s Form 8K filing for September 14, 2026. The filing is related to company information and is provided by Investing.com. The stock symbol for Rimini Street Inc. is RMNI.
Rimini Street CEO Seth A. Ravin Sells Over 322,000 Shares in Three-Day Stock Transaction
Rimini Street, Inc. CEO Seth A. Ravin sold a total of 322,707 shares of common stock over three days in early September 2026 through the SAR Trust. The sales, conducted at weighted average prices between $5.02 and $5.18 per share, were disclosed in a Form 4 filing. Despite these transactions, Ravin maintains significant indirect and direct ownership in the company.
Rimini Street (NASDAQ: RMNI) CEO sells shares outside a pre-arranged plan
Rimini Street's President, CEO, and Chairman, Seth A. Ravin, sold 322,707 shares of Common Stock between September 2-4, 2026, through the SAR Trust. These sales occurred at weighted average prices between approximately $5.02 and $5.18 per share. Notably, these transactions were not conducted under a Rule 10b5-1 trading plan, indicating they were not pre-arranged.
Rimini Street (NASDAQ: RMNI) holder moves to sell more stock
SAR TRUST has filed a Form 144 to sell up to 89,639 shares of Rimini Street, Inc. (RMNI) common stock through Morgan Stanley Smith Barney LLC, with sales noted for NASDAQ as of September 4, 2026. This follows recent sales by the same trust: 41,366 shares for $213,527.16 on September 3, 2026, and 191,702 shares for $992,115.36 on September 2, 2026. The shares are identified as Founder Stock acquired on November 7, 2018.
Rimini Street: A Solid Business While The Market Is Distracted By The Cloud Boom
Rimini Street, a software company providing enterprise software support for non-cloud clients, has seen a 45% year-to-date return, outperforming peers. The company's Q2 revenue was up 6.7% with a 90% retention rate, indicating strong operational performance. Although the author reached their price target, new risks from AI-driven disruption and increased competition lead to a "Hold" rating with a recommendation for partial profit-taking.
Rimini Street CEO: Fix business processes before betting on AI
Rimini Street CEO Seth Ravin advises companies to prioritize fixing their core business processes and optimizing operations before heavily investing in AI. He emphasizes that significant improvements and innovation can be achieved without the high cost of AI, urging a disciplined approach to identify whether AI genuinely lowers operational costs, improves profitability, or enhances competitive advantage. Ravin notes that many executives are unaware of the ongoing costs associated with AI, particularly token usage, suggesting that companies should first implement process improvements and automation before thoughtfully considering AI.
Rimini Street plans 1,000-engineer Malaysia hub as Southeast Asia demand grows
Rimini Street announced plans to establish a global capability center (GCC) in Malaysia, aiming to employ approximately 1,000 engineers over time to meet growing demand in Southeast Asia. CEO Seth Ravin highlighted the company's strategy of helping clients reduce maintenance costs for ERP systems, freeing up funds for innovation and new technology, including AI. The expansion will further strengthen Rimini Street's regional presence and ability to provide localized support.
Rimini Street, Inc. - Common Stock (NQ: RMNI)
This article provides a list of recent news and financial updates related to Rimini Street, Inc. (RMNI), an enterprise software support provider. It includes information on their financial results, new service offerings for SAP and Salesforce, recognition as a "Great Place to Work," and various market movements impacting the company's stock. The news spans from November 2023 back to July 2023, highlighting the company's activities and market perception.
Rimini Street Unveils Agentic AI ERP Strategy to Modernize Legacy Systems
Rimini Street (NASDAQ: RMNI) has announced its "Agentic AI ERP" strategy, expanding beyond third-party support to become a provider of AI-enabled modernization for organizations using existing ERP systems. This new strategy involves connecting AI agents and workflows to legacy Oracle, SAP, and other ERP systems, reducing the need for costly cloud migrations. The company aims to help clients achieve "self-funded innovation" by redirecting savings from software upgrades towards AI capabilities, projecting an expanded addressable market from $15 billion to $80 billion.
Rimini Street (RMNI) awards COO 150,000 options and 150,000 RSUs
Rimini Street, Inc. (RMNI) has granted its EVP & Chief Operating Officer, Keith Conan Costello, 150,000 Employee Stock Options with an exercise price of $4.96 per share and 150,000 Restricted Stock Units (RSUs). Both awards will vest in three equal annual installments on August 17, 2027, 2028, and 2029, contingent on his continued service. Following these grants, Costello holds 150,000 options and 150,000 RSUs directly, with no direct common stock holdings.
Rimini Street Appoints Keith Costello as Chief Operating Officer
Rimini Street (RMNI) has appointed veteran technology executive Keith C. Costello as Executive Vice President and Chief Operating Officer, effective August 17, 2026. Costello brings over 30 years of experience from companies like IBM and SAP, and his compensation includes a significant base salary, bonus eligibility, and equity awards. TipRanks' AI Analyst rates RMNI as "Neutral," citing financial quality concerns despite positive technicals and growth guidance.
Rimini Street targets AI governance gap as agent use grows
Rimini Street has launched "Rimini Govern for AI," a managed service designed to address the growing AI "control gap" in enterprises. The service aims to provide centralized governance, security, monitoring, and performance measurement for autonomous AI agents, mitigating risks like "shadow AI" and inconsistent controls. This move expands Rimini Street's focus beyond traditional software support into comprehensive AI agent operations.
Rimini Street Expands C-Suite Leadership for Growth with Appointment of Two Proven Industry Veterans as Chief Operating Officer and Chief Delivery Officer
Rimini Street, Inc. (Nasdaq: RMNI) has appointed Keith Costello as Chief Operating Officer (COO) and Alexander Guasch as Chief Delivery Officer (CDO) to bolster its C-suite leadership. Costello will be responsible for product strategy, professional services sales, and global business operations, leveraging his extensive experience from companies like DXC Technology, IBM, and SAP. Guasch, with over 30 years in IT service delivery, will oversee the end-to-end development and delivery of the company's products and services worldwide, focusing on operational excellence and client satisfaction. These appointments aim to accelerate revenue growth, increase profitability, and scale global operations for Rimini Street.
Keith Costello Appointed COO of Rimini Street with Comprehensive Compensation Package
Rimini Street, Inc. has announced the appointment of Keith C. Costello as Executive Vice President and Chief Operating Officer, effective August 17, 2026. Costello will receive a comprehensive compensation package, including a base salary of $460,000, incentive compensation, and equity awards. He brings over 30 years of experience in go-to-market, services, and customer success, with previous roles at DXC Technology and IBM.
Rimini Street names Keith Costello COO, Alexander Guasch CDO By Investing.com
Rimini Street, Inc. has announced the appointment of Keith Costello as Chief Operating Officer and Alexander Guasch as Chief Delivery Officer. Costello, with a background in enterprise software, will oversee product strategy and global business operations, while Guasch will be responsible for the development and delivery of the company's products and services worldwide. These appointments aim to scale the organization with experienced leadership.
Rimini Street appoints Keith C. Costello as chief operating officer By Investing.com
Rimini Street, Inc. (NASDAQ:RMNI) has appointed Keith C. Costello as executive vice president and chief operating officer, effective August 17, 2026. Costello brings over 30 years of experience in enterprise software and will receive an annual base salary of $460,000, along with equity awards. This appointment follows Rimini Street's recent mixed Q2 2026 financial results, where revenue exceeded expectations but earnings per share fell short.
Rimini Street appoints Keith C. Costello as EVP and Chief Operating Officer
Rimini Street (RMNI) has appointed Keith C. Costello as Executive Vice President and Chief Operating Officer, effective August 17, 2026. Costello brings over 30 years of experience in technology and services, with previous roles at DXC and IBM, and formerly served as Rimini Street's SVP, Global Client Engagement. The appointment was disclosed in an SEC filing.
Rimini Street Expands C-Suite Leadership for Growth with Appointment of Two Proven Industry Veterans as Chief Operating Officer and Chief Delivery Officer
Rimini Street, Inc. (Nasdaq: RMNI) announced the appointment of Keith Costello as Chief Operating Officer (COO) and Alexander Guasch as Chief Delivery Officer (CDO) to bolster its C-suite leadership. Costello will oversee product strategy and professional services sales, while Guasch will be responsible for the end-to-end development and delivery of all company products and services. These appointments aim to strengthen execution, scale global operations, and accelerate revenue growth and profitability for the company.
Form 8K Rimini Street Inc For: 12 August By Investing.com
This article announces that Rimini Street Inc. filed a Form 8K on August 12. The brief report from Investing.com provides this key information and lists the stock symbol RMNI, noting a -1.56% change.
Rimini Street names Keith Costello COO, Alexander Guasch CDO
Rimini Street, Inc. (NASDAQ:RMNI) has announced the appointment of Keith Costello as Chief Operating Officer and Alexander Guasch as Chief Delivery Officer. Costello will oversee product strategy, professional services sales, and global business operations, while Guasch will be responsible for the development and delivery of all company products, services, and solutions worldwide. These strategic hires aim to scale the organization with global operating experience and client-first leadership.
Rimini Street appoints Keith C. Costello as chief operating officer
Rimini Street, Inc. (NASDAQ:RMNI) has appointed Keith C. Costello as executive vice president and chief operating officer, effective August 17, 2026. Costello brings over 30 years of experience in enterprise software, SaaS, and global services, having held senior roles at DXC Technology, IBM, and others. His compensation package includes a base salary of $460,000, target annual incentive compensation, and significant equity awards, alongside severance provisions.
Oracle plays hardball with Rimini on third-party maintenance
Oracle has filed a new lawsuit against Rimini Street, a third-party maintenance provider, accusing it of "massive theft" of Oracle's software and support materials through an illegal business model. This lawsuit echoes Oracle's 2007 case against SAP's TomorrowNow, highlighting the ongoing battle over high annual maintenance fees in the software industry. The article suggests that CIOs, who are under immense pressure to cut costs, might react negatively to Oracle's aggressive stance on third-party maintenance.
Rimini Street (RMNI) awards 25,000 stock options to EVP & Chief Client Officer
Rimini Street, Inc. (RMNI) granted 25,000 Employee Stock Options to EVP & Chief Client Officer Nancy Lyskawa on August 7, 2026. The options have an exercise price of $5.05 per share and will vest in three equal annual installments, contingent on her continued service. Following this grant, Lyskawa directly holds 233,509 shares of common stock and the 25,000 new options.
Breaking Oracle's Lock, Then Installing a New One: The Stealthy Business of Rimini Street, Raking in $400 Million a Year from Third-Party Maintenance
Rimini Street generates over $400 million annually by providing third-party maintenance for Oracle and SAP legacy systems at half the cost of original vendors. The company, founded by Seth Ravin, waged a 15-year legal battle against Oracle, which ultimately affirmed its lawful competition. While Rimini Street "picks the lock" of expensive vendor maintenance, it creates its own "new lock" through service stickiness, managed services, security, and AI automation, making it difficult for clients to switch away.
Khimji Ramdas Group Chooses Rimini Street to Reduce SAP Support Costs, Protect 700+ Customizations and Reinvest Savings in Innovation
Khimji Ramdas Group, an Omani conglomerate, has partnered with Rimini Street to manage its SAP ECC 6 environment. This move has allowed them to significantly cut SAP support costs by 80%, protect over 700 customizations, and reallocate savings towards innovation such as AI, a new Salesforce CRM, and e-commerce capabilities. The group emphasizes the strategic decision to remain on SAP ECC, citing enhanced control over their IT roadmap and freedom from vendor-mandated migrations.
Rimini Street, Inc. (RMNI) stock price, news, quote and history
This article provides a detailed financial overview of Rimini Street, Inc. (RMNI), including its current stock price, recent performance, key financial metrics, and analyst insights. It covers the company's business activities in enterprise software support and managed services, alongside comparative data against the S&P 500. The information also includes earnings trends, valuation measures, and similar companies in the software application industry.
Khimji Ramdas Group Chooses Rimini Street to Reduce SAP Support Costs, Protect 700+ Customizations and Reinvest Savings in Innovation
Khimji Ramdas Group, a large Omani conglomerate, has partnered with Rimini Street for third-party support of its SAP ECC 6 environment. This move has allowed the group to reduce SAP support costs by 80%, reinvesting these savings into AI innovation and other strategic IT projects like a new Salesforce CRM and e-commerce capabilities. The partnership also ensures continued support for over 700 custom codes and helps address complex regulatory compliance challenges without forcing a migration to SAP S/4HANA.
Khimji Ramdas Group Chooses Rimini Street to Reduce SAP Support Costs, Protect 700+ Customizations and Reinvest Savings in Innovation
Khimji Ramdas Group, an Omani conglomerate, has partnered with Rimini Street for SAP support, aiming to cut costs, protect its extensive customizations, and fund new AI initiatives. This strategic move allows the group to avoid forced migration to SAP S/4HANA and reinvest significant savings into innovation while maintaining zero downtime for its highly customized SAP ECC 6 environment. The partnership has also helped Khimji Ramdas Group address complex regulatory compliance challenges and pursue new projects like Salesforce CRM and e-commerce enhancements.
Rimini Street, Inc. (RMNI) Stock Price, News, Quote & History
This article provides comprehensive financial data, news, quotes, and historical performance for Rimini Street, Inc. (RMNI). It includes current stock prices, key financial metrics, analyst ratings, and comparisons with similar companies in the software application industry. The company specializes in enterprise software support, managed services, and AI ERP solutions for Oracle and SAP products.
Khimji Ramdas Group Chooses Rimini Street to Reduce SAP Support Costs, Protect 700+ Customizations and Reinvest Savings in Innovation
Khimji Ramdas Group, a large Omani conglomerate, has partnered with Rimini Street for SAP support, allowing them to reduce SAP costs by 80%. This move has enabled them to protect over 700 custom codes within their SAP ECC 6 environment and reinvest savings into AI innovation, a new Salesforce CRM, and expanded e-commerce capabilities. The partnership provides greater control over their IT roadmap and avoids pressure to migrate to SAP S/4HANA.
Khimji Ramdas Group Chooses Rimini Street to Reduce SAP Support Costs, Protect 700+ Customizations and Reinvest Savings in Innovation
Khimji Ramdas Group, a large Omani conglomerate, has partnered with Rimini Street for SAP support, significantly reducing costs and enabling reinvestment into AI innovation and other projects. This move allows them to maintain their highly customized SAP ECC 6 environment with zero downtime and avoid a costly migration to SAP S/4HANA. Rimini Street's expertise also helped the group address complex HR and payroll compliance challenges related to Omani labor regulations.
Khimji Ramdas Group Chooses Rimini Street to Reduce SAP Support Costs, Protect 700+ Customizations and Reinvest Savings in Innovation
Khimji Ramdas Group, a large Omani conglomerate, has partnered with Rimini Street to support its highly customized SAP ECC 6 environment. This move has allowed the group to reduce SAP support costs by 80%, protect over 700 customizations, and reinvest the savings into AI-driven innovation and other strategic IT projects, such as a new Salesforce CRM program and expanded e-commerce capabilities. The partnership also helped Khimji Ramdas navigate complex HR and payroll compliance challenges related to Omani labor regulations, demonstrating Rimini Street's expertise beyond just cost savings.
RMNI|Rimini Street Inc|Price:4.830|Chg%:+0.020
This article provides a comprehensive stock analysis of Rimini Street Inc (RMNI) by TradingKey. It highlights the company's relatively healthy fundamentals, significant growth potential, and fair valuation within the Software & IT Services industry. The analysis also covers high institutional ownership, recent analyst "Buy" ratings with a target price of $6.40, and the stock's expected upward trend in the medium term, despite sideways trading activity.
Rimini Street Launches 'Rimini Govern for AI' to Manage Enterprise AI Agents
Rimini Street has introduced "Rimini Govern for AI," a new managed service designed to help organizations oversee and manage their artificial intelligence (AI) agents. This offering acts as a central control plane for AI agents, providing governance, compliance, security, and performance monitoring. It aims to accelerate AI adoption, reduce risks, improve visibility, and control costs, with 24x365 support from AI-specialized engineers.
Rimini Street, Inc. 2026: Revenue $111.08M, EPS $0.03— 10-Q Summary
Rimini Street, Inc. reported its 2026 quarterly results with revenues of $111.08M, showing modest year-over-year growth, but a significant decline in net income and diluted EPS. The company saw an increase in subscription revenue and active clients, expanded its AI-enabled ERP services, and began winding down Oracle PeopleSoft services as per settlement terms.
