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Rimini Street (NASDAQ:RMNI) Executive Vice President & Chief Client Officer Nancy Lyskawa sold 490 shares of common stock on August 2nd, 2025, at a price of $4.0648, totaling approximately $1,991.
According to a Form 4 filing with the Securities and Exchange Commission, the transaction was automatically triggered to cover withholding tax obligations related to the vesting of Restricted Stock Units. Lyskawa also acquired 1,667 shares of common stock on the same day upon the exercise of restricted stock units. The price per share for the exercise was $0, with a total value of $0 for the transaction. Following these transactions, Lyskawa directly owns 172,037 shares of Rimini Street, a company that InvestingPro analysis suggests is currently undervalued, with analysts setting price targets between $6 and $7. Get access to 8 more exclusive ProTips and comprehensive analysis in the Pro Research Report.
In other recent news, Rimini Street Inc. reported its financial results for the second quarter of 2025, surpassing earnings expectations. The company’s earnings per share reached $0.32, significantly exceeding the forecast of $0.08. Revenue also slightly beat projections, coming in at $104.1 million compared to the anticipated $103.08 million. These results marked a notable earnings surprise for Rimini Street. Despite the positive financial performance, the stock experienced a slight decline in aftermarket trading. No significant mergers or acquisitions were reported for the company recently. Additionally, there were no major analyst upgrades or downgrades mentioned in the latest reports. Overall, these developments reflect the company’s current financial standing and market reactions.
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