Zacks Investment Research upgraded shares of Rosetta Stone (NYSE:RST) from a hold rating to a buy rating in a report released on Wednesday morning. The brokerage currently has $12.00 price target on the stock.

According to Zacks, “Rosetta Stone Inc., based in Arlington, Va, is a leading provider of technology-based language learning solutions consisting of software, online services and audio practice tools, primarily under the Rosetta Stone brand. Rosetta Stone offers its self-study language learning solutions in 31 languages. Its customers include individuals, educational institutions, armed forces, government agencies and corporations. Rosetta Stone, Inc. also provides an online peer-to-peer practice environment, known as SharedTalk, at www.sharedtalk.com, where registered language learners meet for language exchange to practice their foreign language skills. As the leading language-learning software in the world, Rosetta Stone makes learning a new language second nature. Millions of learners in more than 150 countries have already used the company’s software to gain the confidence that comes with truly knowing a new language. “

Separately, ValuEngine lowered shares of Rosetta Stone from a hold rating to a sell rating in a research note on Friday, September 1st.

Rosetta Stone (NYSE RST) traded up C$0.06 during mid-day trading on Wednesday, reaching C$10.79. 63,971 shares of the company’s stock were exchanged, compared to its average volume of 81,165. The company has a quick ratio of 0.59, a current ratio of 0.62 and a debt-to-equity ratio of -1.36. Rosetta Stone has a 52 week low of C$7.41 and a 52 week high of C$12.40.

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In other news, major shareholder Osmium Partners, Llc sold 105,000 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of C$9.10, for a total value of C$955,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 13.00% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wells Fargo & Company MN lifted its position in shares of Rosetta Stone by 20.8% in the third quarter. Wells Fargo & Company MN now owns 48,442 shares of the company’s stock worth $494,000 after purchasing an additional 8,346 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Rosetta Stone by 882.4% in the third quarter. JPMorgan Chase & Co. now owns 12,143 shares of the company’s stock worth $126,000 after purchasing an additional 10,907 shares in the last quarter. New York State Common Retirement Fund lifted its position in shares of Rosetta Stone by 4.0% in the third quarter. New York State Common Retirement Fund now owns 308,966 shares of the company’s stock worth $3,155,000 after purchasing an additional 12,000 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Rosetta Stone by 70.0% in the third quarter. American Century Companies Inc. now owns 59,606 shares of the company’s stock worth $609,000 after purchasing an additional 24,546 shares in the last quarter. Finally, Strs Ohio lifted its position in shares of Rosetta Stone by 18.7% in the third quarter. Strs Ohio now owns 67,400 shares of the company’s stock worth $688,000 after purchasing an additional 10,600 shares in the last quarter. 73.37% of the stock is owned by institutional investors and hedge funds.

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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