Seth Ravin Biography and Net Worth

Mr. Ravin is a 30-year enterprise software industry veteran who pioneered the independent enterprise software support industry. In 2005, The Enterprise Software Observer named Mr. Ravin one of the 25 next-generation leaders of the enterprise software industry. In 2010, Mr. Ravin was featured in Deal Architect CEO Vinnie Mirchandani’s new book, The New Polymath: Profiles in Compound-Technology Innovations, where he is credited with enacting a visionary, disruptive strategy for dramatically reducing the cost of information technology and ushering in a new era of customer choice.

In September 2005, Mr. Ravin launched Rimini Street, Inc. with a mission to redefine enterprise software support using innovative, next-generation support services delivered at more than a 50 percent savings in fees compared to a software vendor’s annual support program. Rimini Street currently offers support services for Oracle, SAP, IBM, Microsoft and other enterprise software.

Prior to his success launching independent maintenance and support programs, Mr. Ravin was an executive with PeopleSoft, Inc., where he served most recently as vice president of the customer sales division. Earlier in his PeopleSoft career, Mr. Ravin held several senior roles of increasing global responsibility, including corporate director of customer services and programs and corporate manager of upgrades and installations. Mr. Ravin’s PeopleSoft responsibilities included worldwide release support policy; release retirement programs; account management; Y2K software update and readiness program management for thousands of licensees; and development and delivery of special support programs for customers with unique needs. To meet the needs of customers who wanted to run a mature software release for many additional years beyond the official supported life span of a release without mandatory upgrades, Mr. Ravin successfully designed and launched the enterprise software industry’s first specialized extended support programs for Fortune 500, public sector and midmarket organizations.

Mr. Ravin also served as vice president of customer sales for Saba Software, Inc., worked in Russia on defense conversion programs, and worked in Washington, D.C. assisting the Clinton Administration with Congressional passage of the GATT global trade agreement in 1994.

Mr. Ravin holds a Bachelor of Science in Business Administration from the University of Southern California.

What is Seth A. Ravin's net worth?: The estimated net worth of Seth A. Ravin is at least $1.18 million as of April 8th, 2024. Mr. Ravin owns 425,955 shares of Rimini Street stock worth more than $1,175,636 as of April 24th. This net worth evaluation does not reflect any other investments that Mr. Ravin may own. Additionally, Mr. Ravin receives a salary of $1,200,000.00 as CEO at Rimini Street. Learn More about Seth A. Ravin's net worth.
How old is Seth A. Ravin?: Mr. Ravin is currently 57 years old. There are 3 older executives and no younger executives at Rimini Street. Learn More on Seth A. Ravin's age.
What is Seth A. Ravin's salary?: As the CEO of Rimini Street, Inc., Mr. Ravin earns $1,200,000.00 per year. Learn More on Seth A. Ravin's salary.
How do I contact Seth A. Ravin?: The corporate mailing address for Mr. Ravin and other Rimini Street executives is 3993 HOWARD HUGHES PARKWAY SUITE 500, LAS VEGAS NV, 89169. Rimini Street can also be reached via phone at (702) 839-9671 and via email at [email protected]. Learn More on Seth A. Ravin's contact information.
Has Seth A. Ravin been buying or selling shares of Rimini Street?: During the past quarter, Seth A. Ravin has sold $244,571.58 of Rimini Street stock. Most recently, Seth A. Ravin sold 82,071 shares of the business's stock in a transaction on Monday, April 8th. The shares were sold at an average price of $2.98, for a transaction totalling $244,571.58. Following the completion of the sale, the chief executive officer now directly owns 425,955 shares of the company's stock, valued at $1,269,345.90. Learn More on Seth A. Ravin's trading history.
Who are Rimini Street's active insiders?: Rimini Street's insider roster includes Gerard Brossard (COO), Sebastian Grady (President), Stanley Mbugua (CAO), Michael Perica (CFO), Seth Ravin (CEO), David Rowe (EVP), Steven Salaets (EVP), Brian Slepko (EVP), and Daniel Winslow (EVP). Learn More on Rimini Street's active insiders.
Are insiders buying or selling shares of Rimini Street?: During the last twelve months, insiders at the sold shares 19 times. They sold a total of 216,418 shares worth more than $697,152.78. The most recent insider tranaction occured on April, 8th when EVP David W Rowe sold 10,888 shares worth more than $32,446.24. Insiders at Rimini Street own 41.3% of the company. Learn More about insider trades at Rimini Street.
Information on this page was last updated on 4/8/2024.

Seth A. Ravin Insider Trading History at Rimini Street

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
4/8/2024	Sell	82,071	$2.98	$244,571.58	425,955
3/5/2024	Sell	2,205	$2.85	$6,284.25	239,583
6/4/2023	Sell	21,234	$4.28	$90,881.52	211,270
3/8/2023	Sell	800,000	$4.10	$3,280,000.00	10,496,509
12/13/2022	Sell	9,156	$4.08	$37,356.48	155,148
6/3/2022	Sell	22,072	$6.62	$146,116.64	130,971
5/9/2022	Sell	2,183	$5.73	$12,508.59	75,690
3/9/2022	Sell	2,415	$6.00	$14,490.00
12/6/2021	Sell	187,558	$6.02	$1,129,099.16
12/2/2021	Sell	800,000	$6.17	$4,936,000.00
6/3/2021	Sell	20,814	$6.40	$133,209.60	90,353
5/7/2021	Sell	2,288	$7.71	$17,640.48	15,288
2/5/2020	Sell	14,476	$5.01	$72,524.76	905
1/23/2020	Sell	30,000	$5.26	$157,800.00	905
9/13/2019	Sell	5,762	$5.00	$28,810.00
12/11/2018	Sell	400	$5.02	$2,008.00
8/16/2018	Buy	2,000	$5.38	$10,760.00

Seth A. Ravin Buying and Selling Activity at Rimini Street

Rimini Street Company Overview

Rimini Street, Inc. provides enterprise software products, services, and support. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients' application, database, and technology enterprise software; Rimini Support, a mission-critical support for Oracle, SAP, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; Rimini Protect, a suite of personalized software security services and solutions; and Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems. In addition, the company offers Rimini Watch, a suite of observability solutions that include monitoring and system health check solutions; Rimini Consult, a suite of professional services for clients' enterprise software customization, configuration, implementation, integration, interoperability, migration, staff augmentation, and other project needs; and Rimini Custom, a program that expands support and related services to a broader portfolio of enterprise software. The company serves Fortune 500 companies and Fortune Global 100 companies across various industries. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. The company was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

Today's Range

Now: $2.80

$2.75

$2.84

50 Day Range

MA: $3.08

$2.79

$3.36

2 Week Range

Now: $2.80

$2.01

$5.32

Volume

162,316 shs

Average Volume

265,923 shs

Market Capitalization

$251.72 million

P/E Ratio

9.66

Dividend Yield

N/A

Beta

1.23

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Seth Ravin Biography and Net Worth

What is Seth A. Ravin's net worth?

How old is Seth A. Ravin?

What is Seth A. Ravin's salary?

How do I contact Seth A. Ravin?

Has Seth A. Ravin been buying or selling shares of Rimini Street?

Who are Rimini Street's active insiders?

Are insiders buying or selling shares of Rimini Street?