Rosetta Stone (NYSE:RST) Director David Nierenberg sold 150,000 shares of the business’s stock in a transaction on Tuesday, May 29th. The stock was sold at an average price of $16.55, for a total transaction of $2,482,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Rosetta Stone opened at $16.22 on Friday, Marketbeat Ratings reports. Rosetta Stone has a 1 year low of $8.70 and a 1 year high of $16.85. The firm has a market cap of $371.95 million, a P/E ratio of -70.52 and a beta of 0.52. The company has a debt-to-equity ratio of -1.11, a quick ratio of 0.51 and a current ratio of 0.52.

Rosetta Stone (NYSE:RST) last announced its earnings results on Wednesday, March 7th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.29) by $0.15. The company had revenue of $44.79 million for the quarter, compared to the consensus estimate of $46.75 million. analysts predict that Rosetta Stone will post -1.28 EPS for the current year.

Hedge funds have recently made changes to their positions in the stock. Emancipation Management LLC increased its position in Rosetta Stone by 2.8% during the fourth quarter. Emancipation Management LLC now owns 182,452 shares of the software maker’s stock worth $2,275,000 after acquiring an additional 5,000 shares during the period. EAM Investors LLC bought a new position in Rosetta Stone during the fourth quarter worth $2,598,000. Virtu Financial LLC bought a new position in Rosetta Stone during the fourth quarter worth $322,000. Dimensional Fund Advisors LP increased its position in Rosetta Stone by 3.1% during the third quarter. Dimensional Fund Advisors LP now owns 261,539 shares of the software maker’s stock worth $2,670,000 after acquiring an additional 7,815 shares during the period. Finally, Bessemer Group Inc. bought a new position in Rosetta Stone during the fourth quarter worth $273,000. 73.41% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Rosetta Stone from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research note on Wednesday, May 16th. TheStreet upgraded shares of Rosetta Stone from a “d-” rating to a “c” rating in a research note on Tuesday, April 10th. ValuEngine upgraded shares of Rosetta Stone from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Barrington Research restated an “outperform” rating and issued a $17.00 price objective (up from $15.00) on shares of Rosetta Stone in a research note on Thursday, March 8th. Finally, Lake Street Capital restated a “buy” rating and issued a $16.00 price objective (up from $14.00) on shares of Rosetta Stone in a research note on Monday, March 19th. Four investment analysts have rated the stock with a buy rating, Rosetta Stone currently has an average rating of “Buy” and an average price target of $16.67.

Rosetta Stone Company Profile

Rosetta Stone Inc, together with its subsidiaries, provides technology-based learning products in the United States and internationally. It operates through three segments: Literacy, E&E Language, and Consumer Language. The company develops, markets, and supports a suite of language-learning, literacy, and brain fitness solutions consisting of Web-based software subscriptions, perpetual software products, online and professional services, audio practice products, and mobile applications.

Insider Buying and Selling by Quarter for Rosetta Stone (NYSE:RST)

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