PEAK6 Investments L.P. Trims Position in Rosetta Stone (RST)

PEAK6 Investments L.P. reduced its position in Rosetta Stone (NYSE:RST) by 94.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,027 shares of the software maker’s stock after selling 201,055 shares during the quarter. PEAK6 Investments L.P.’s holdings in Rosetta Stone were worth $113,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of RST. Roumell Asset Management LLC lifted its position in Rosetta Stone by 28.6% in the third quarter. Roumell Asset Management LLC now owns 767,625 shares of the software maker’s stock worth $7,837,000 after purchasing an additional 170,622 shares during the period. OxFORD Asset Management LLP lifted its position in Rosetta Stone by 280.5% in the second quarter. OxFORD Asset Management LLP now owns 149,109 shares of the software maker’s stock worth $1,607,000 after purchasing an additional 109,920 shares during the period. Menta Capital LLC lifted its position in Rosetta Stone by 375.5% in the second quarter. Menta Capital LLC now owns 108,921 shares of the software maker’s stock worth $1,174,000 after purchasing an additional 86,015 shares during the period. Russell Investments Group Ltd. lifted its position in Rosetta Stone by 170.2% in the second quarter. Russell Investments Group Ltd. now owns 131,826 shares of the software maker’s stock worth $1,421,000 after purchasing an additional 83,031 shares during the period. Finally, EAM Investors LLC lifted its position in Rosetta Stone by 111.4% in the second quarter. EAM Investors LLC now owns 125,678 shares of the software maker’s stock worth $1,355,000 after purchasing an additional 66,221 shares during the period. 72.19% of the stock is owned by hedge funds and other institutional investors.

Several research analysts recently commented on the company. ValuEngine raised Rosetta Stone from a “sell” rating to a “hold” rating in a research report on Wednesday, November 29th. Zacks Investment Research raised Rosetta Stone from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research report on Wednesday, November 8th.

In other Rosetta Stone news, major shareholder Osmium Partners, Llc sold 105,000 shares of Rosetta Stone stock in a transaction on Friday, September 15th. The stock was sold at an average price of $9.10, for a total transaction of $955,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Nierenberg sold 200,000 shares of Rosetta Stone stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $12.01, for a total value of $2,402,000.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 382,786 shares of company stock valued at $4,295,599. Company insiders own 13.00% of the company’s stock.

Shares of Rosetta Stone (NYSE RST) traded up $0.29 during midday trading on Friday, hitting $12.35. The company’s stock had a trading volume of 69,253 shares, compared to its average volume of 115,956. Rosetta Stone has a 12 month low of $7.41 and a 12 month high of $12.40. The company has a debt-to-equity ratio of -1.36, a current ratio of 0.62 and a quick ratio of 0.59.

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Rosetta Stone Company Profile

Rosetta Stone Inc (Rosetta Stone) offers personalized language and reading programs. The Company’s solutions are used by schools, businesses, government organizations and individuals around the world. Its segments include Enterprise & Education, which derives revenues from sales to educational institutions, corporations and government agencies worldwide, and Consumer, which derives revenue from sales to individuals and retail partners.

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Institutional Ownership by Quarter for Rosetta Stone (NYSE:RST)

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