California Public Employees Retirement System increased its position in shares of Rosetta Stone (NYSE:RST) by 4.1% during the first quarter, Holdings Channel reports. The institutional investor owned 98,100 shares of the software maker’s stock after buying an additional 3,900 shares during the period. California Public Employees Retirement System’s holdings in Rosetta Stone were worth $956,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. State Street Corp increased its position in shares of Rosetta Stone by 12.1% in the fourth quarter. State Street Corp now owns 252,611 shares of the software maker’s stock worth $2,252,000 after buying an additional 27,312 shares in the last quarter. TFS Capital LLC increased its position in shares of Rosetta Stone by 164.2% in the first quarter. TFS Capital LLC now owns 89,480 shares of the software maker’s stock worth $872,000 after buying an additional 55,611 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Rosetta Stone by 65.7% in the first quarter. Acadian Asset Management LLC now owns 82,829 shares of the software maker’s stock worth $808,000 after buying an additional 32,828 shares in the last quarter. Algert Global LLC bought a new position in shares of Rosetta Stone during the first quarter worth about $704,000. Finally, Prudential Financial Inc. increased its position in shares of Rosetta Stone by 1.4% in the first quarter. Prudential Financial Inc. now owns 67,560 shares of the software maker’s stock worth $658,000 after buying an additional 900 shares in the last quarter. Institutional investors and hedge funds own 72.87% of the company’s stock.

Shares of Rosetta Stone (NYSE RST) traded up 0.42% during trading on Friday, hitting $9.54. 113,888 shares of the stock were exchanged. The stock has a 50-day moving average of $10.45 and a 200 day moving average of $10.06. The stock’s market cap is $212.60 million. Rosetta Stone has a 12-month low of $6.80 and a 12-month high of $12.40.

Rosetta Stone (NYSE:RST) last released its earnings results on Tuesday, August 8th. The software maker reported ($0.05) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.25) by $0.20. Rosetta Stone had a negative return on equity of 926.26% and a negative net margin of 6.06%. The company had revenue of $45.91 million for the quarter, compared to analysts’ expectations of $42.23 million. During the same quarter in the previous year, the business posted ($0.41) EPS. The business’s revenue for the quarter was up .4% on a year-over-year basis. Equities analysts predict that Rosetta Stone will post ($0.36) earnings per share for the current fiscal year.

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A number of equities analysts have recently issued reports on RST shares. Barrington Research reiterated an “outperform” rating and issued a $15.00 price target (up previously from $12.00) on shares of Rosetta Stone in a report on Wednesday, May 10th. ValuEngine upgraded shares of Rosetta Stone from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Zacks Investment Research upgraded shares of Rosetta Stone from a “sell” rating to a “hold” rating in a report on Wednesday.

In other Rosetta Stone news, insider M. Sean Hartford sold 4,050 shares of Rosetta Stone stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $11.91, for a total transaction of $48,235.50. Following the transaction, the insider now owns 18,348 shares of the company’s stock, valued at approximately $218,524.68. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David Nierenberg sold 285,000 shares of Rosetta Stone stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $12.13, for a total value of $3,457,050.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 365,669 shares of company stock worth $4,427,082. Company insiders own 13.00% of the company’s stock.

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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