Rosetta Stone Inc (NYSE:RST) General Counsel Sonia Galindo sold 4,496 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $23.91, for a total value of $107,499.36. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

NYSE:RST traded down $0.18 during mid-day trading on Friday, reaching $24.86. 5,265 shares of the stock were exchanged, compared to its average volume of 213,874. The firm has a market cap of $580.97 million, a P/E ratio of -26.18 and a beta of 0.26. Rosetta Stone Inc has a 1-year low of $14.14 and a 1-year high of $26.88.

Rosetta Stone (NYSE:RST) last released its earnings results on Tuesday, May 7th. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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. On average, equities analysts anticipate that Rosetta Stone Inc will post -0.6 earnings per share for the current fiscal year.

Large investors have recently added to or reduced their stakes in the stock. Marshall Wace LLP acquired a new position in Rosetta Stone during the first quarter worth about $34,000. Quantamental Technologies LLC acquired a new position in Rosetta Stone during the first quarter worth about $46,000. Great West Life Assurance Co. Can acquired a new position in Rosetta Stone during the fourth quarter worth about $54,000. Legal & General Group Plc grew its holdings in Rosetta Stone by 34.8% during the fourth quarter. Legal & General Group Plc now owns 3,936 shares of the software maker’s stock worth $65,000 after acquiring an additional 1,016 shares during the period. Finally, Neuburgh Advisers LLC acquired a new position in Rosetta Stone during the fourth quarter worth about $76,000. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have recently commented on the company. Lake Street Capital raised their price target on Rosetta Stone from $21.00 to $26.00 and gave the company a “buy” rating in a report on Wednesday, May 8th. ValuEngine raised Rosetta Stone from a “buy” rating to a “strong-buy” rating in a report on Monday, April 1st. Zacks Investment Research raised Rosetta Stone from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a report on Tuesday, May 14th. Finally, Barrington Research reissued a “buy” rating and set a $27.00 price target (up from $24.00) on shares of Rosetta Stone in a report on Thursday, March 7th. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $28.00.

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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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