Bridgeway Capital Management Inc. decreased its stake in shares of Rosetta Stone Inc (NYSE:RST) by 66.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,900 shares of the software maker’s stock after selling 147,792 shares during the quarter. Bridgeway Capital Management Inc.’s holdings in Rosetta Stone were worth $1,510,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Renaissance Technologies LLC increased its holdings in shares of Rosetta Stone by 1.0% in the 2nd quarter. Renaissance Technologies LLC now owns 2,043,200 shares of the software maker’s stock valued at $32,752,000 after acquiring an additional 21,000 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Rosetta Stone by 14.5% in the 3rd quarter. BlackRock Inc. now owns 1,185,820 shares of the software maker’s stock valued at $23,587,000 after acquiring an additional 149,965 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Rosetta Stone by 7.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 698,924 shares of the software maker’s stock valued at $13,901,000 after acquiring an additional 51,186 shares during the last quarter. Acuitas Investments LLC increased its holdings in shares of Rosetta Stone by 52.1% in the 3rd quarter. Acuitas Investments LLC now owns 272,492 shares of the software maker’s stock valued at $5,420,000 after acquiring an additional 93,360 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Rosetta Stone by 14.0% in the 2nd quarter. Northern Trust Corp now owns 235,897 shares of the software maker’s stock valued at $3,781,000 after acquiring an additional 28,952 shares during the last quarter. Institutional investors own 78.34% of the company’s stock.

RST has been the topic of a number of recent analyst reports. Lake Street Capital set a $21.00 price objective on Rosetta Stone and gave the company a “buy” rating in a report on Wednesday, November 7th. Barrington Research reissued a “buy” rating and issued a $23.00 target price on shares of Rosetta Stone in a research report on Friday, October 5th. Finally, Dougherty & Co reissued a “buy” rating and issued a $30.00 target price (up from $20.00) on shares of Rosetta Stone in a research report on Monday, October 1st. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Rosetta Stone presently has an average rating of “Buy” and an average price target of $22.75.

Shares of NYSE RST opened at $17.20 on Thursday. The stock has a market capitalization of $382.02 million, a P/E ratio of -74.78 and a beta of 0.34. Rosetta Stone Inc has a 52-week low of $11.91 and a 52-week high of $21.54.

Rosetta Stone (NYSE:RST) last announced its earnings results on Tuesday, November 6th. The software maker reported ($0.31) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.10. The firm had revenue of $42.75 million during the quarter, compared to analyst estimates of $42.75 million. Research analysts anticipate that Rosetta Stone Inc will post -1.18 earnings per share for the current year.

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Rosetta Stone Company Profile

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

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