Published on 28 Apr 2024 on Simply Wall St. via Yahoo Finance
Institutional investors own a significant stake of 34% in Rimini Street, Inc. (NASDAQ:RMNI)
Key Insights
Institutions' substantial holdings in Rimini Street implies that they have significant influence over the company's share priceA total of 4 investors have a majority stake in the company with 53% ownership Recent sales by insiders
Every investor in Rimini Street, Inc. (NASDAQ:RMNI) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 34% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.