Rosetta Stone Inc (NYSE:RST) Insider Sells $56,725.00 in Stock

Rosetta Stone Inc (NYSE:RST) insider Nicholas C. Gaehde sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 10th. The stock was sold at an average price of $22.69, for a total transaction of $56,725.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Nicholas C. Gaehde also recently made the following trade(s):

  • On Monday, June 10th, Nicholas C. Gaehde sold 2,500 shares of Rosetta Stone stock. The stock was sold at an average price of $24.68, for a total transaction of $61,700.00.
  • On Monday, April 15th, Nicholas C. Gaehde sold 2,500 shares of Rosetta Stone stock. The stock was sold at an average price of $23.59, for a total transaction of $58,975.00.

Shares of NYSE RST traded down $0.13 during midday trading on Friday, reaching $23.71. 65,813 shares of the stock were exchanged, compared to its average volume of 209,690. The firm has a 50 day moving average of $23.57. The stock has a market cap of $548.34 million, a PE ratio of -24.96 and a beta of 0.23. Rosetta Stone Inc has a twelve month low of $14.14 and a twelve month high of $26.88.

Rosetta Stone (NYSE:RST) last announced its quarterly earnings results on Tuesday, May 7th. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.24) by $0.22. The firm had revenue of $44.61 million for the quarter, compared to analyst estimates of $43.50 million. As a group, analysts expect that Rosetta Stone Inc will post -0.6 EPS for the current year.

Several large investors have recently bought and sold shares of the stock. Rhumbline Advisers lifted its holdings in Rosetta Stone by 44.0% in the 4th quarter. Rhumbline Advisers now owns 27,843 shares of the software maker’s stock worth $457,000 after buying an additional 8,504 shares during the period. BlackRock Inc. lifted its holdings in Rosetta Stone by 14.4% in the 4th quarter. BlackRock Inc. now owns 1,356,571 shares of the software maker’s stock worth $22,249,000 after buying an additional 170,751 shares during the period. Bank of New York Mellon Corp lifted its holdings in Rosetta Stone by 13.6% in the 4th quarter. Bank of New York Mellon Corp now owns 80,603 shares of the software maker’s stock worth $1,322,000 after buying an additional 9,619 shares during the period. Citigroup Inc. lifted its holdings in Rosetta Stone by 14.3% in the 4th quarter. Citigroup Inc. now owns 6,587 shares of the software maker’s stock worth $108,000 after buying an additional 825 shares during the period. Finally, Northern Trust Corp lifted its holdings in Rosetta Stone by 3.9% in the 4th quarter. Northern Trust Corp now owns 261,240 shares of the software maker’s stock worth $4,284,000 after buying an additional 9,831 shares during the period. 82.70% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have recently issued reports on RST. Lake Street Capital cut their price target on shares of Farmer Bros from $36.00 to $26.00 and set a “buy” rating for the company in a report on Wednesday, May 8th. Zacks Investment Research downgraded shares of Hess Midstream Partners from a “hold” rating to a “sell” rating in a report on Tuesday, May 14th. Barrington Research raised their price target on shares of Franklin Covey from $34.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday, June 28th. Finally, ValuEngine upgraded shares of Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Monday, April 1st. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $28.50.

About Rosetta Stone

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.

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

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