Rosetta Stone (RST) Upgraded to Hold by ValuEngine

ValuEngine upgraded shares of Rosetta Stone (NYSE:RST) from a sell rating to a hold rating in a report issued on Wednesday morning.

Separately, Zacks Investment Research raised shares of Rosetta Stone from a hold rating to a buy rating and set a $12.00 price target on the stock in a research report on Wednesday, November 8th.

Shares of Rosetta Stone (RST) opened at $11.95 on Wednesday. The company has a debt-to-equity ratio of -1.36, a current ratio of 0.62 and a quick ratio of 0.59. Rosetta Stone has a 52-week low of $7.41 and a 52-week high of $12.40.

In other Rosetta Stone news, major shareholder Osmium Partners, Llc sold 105,000 shares of the business’s stock in a transaction dated Friday, September 15th. The shares were 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 SEC, which is available through the SEC website. Insiders own 14.50% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the company. American International Group Inc. grew its stake in Rosetta Stone by 7.1% in the 1st quarter. American International Group Inc. now owns 11,891 shares of the software maker’s stock valued at $116,000 after buying an additional 792 shares during the last quarter. Citadel Advisors LLC grew its stake in Rosetta Stone by 177.5% in the 2nd quarter. Citadel Advisors LLC now owns 11,632 shares of the software maker’s stock valued at $125,000 after buying an additional 26,632 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Rosetta Stone by 882.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,143 shares of the software maker’s stock valued at $126,000 after buying an additional 10,907 shares during the last quarter. GSA Capital Partners LLP acquired a new position in Rosetta Stone in the 2nd quarter valued at about $127,000. Finally, AXA acquired a new position in Rosetta Stone in the 2nd quarter valued at about $141,000. Institutional investors own 72.19% of the company’s stock.

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About Rosetta Stone

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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