Rosetta Stone Inc (RST) Holdings Reduced by Trexquant Investment LP
Trexquant Investment LP reduced its stake in Rosetta Stone Inc (NYSE:RST) by 41.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,098 shares of the software maker’s stock after selling 7,768 shares during the period. Trexquant Investment LP’s holdings in Rosetta Stone were worth $113,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Citadel Advisors LLC increased its stake in Rosetta Stone by 177.5% in the second quarter. Citadel Advisors LLC now owns 11,632 shares of the software maker’s stock valued at $125,000 after purchasing an additional 26,632 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Rosetta Stone during the second quarter worth approximately $127,000. JPMorgan Chase & Co. grew its position in shares of Rosetta Stone by 882.4% during the third quarter. JPMorgan Chase & Co. now owns 12,143 shares of the software maker’s stock worth $126,000 after acquiring an additional 10,907 shares during the last quarter. AXA purchased a new position in shares of Rosetta Stone during the second quarter worth approximately $141,000. Finally, Alliancebernstein L.P. purchased a new position in shares of Rosetta Stone during the second quarter worth approximately $146,000. Institutional investors own 72.19% of the company’s stock.
In other news, Director David Nierenberg sold 77,786 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $12.06, for a total transaction of $938,099.16. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Osmium Partners, Llc sold 105,000 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $9.10, for a total transaction of $955,500.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 382,786 shares of company stock worth $4,295,599. Insiders own 14.50% of the company’s stock.
Shares of Rosetta Stone Inc (RST) traded down $0.03 on Tuesday, hitting $12.32. 117,300 shares of the stock were exchanged, compared to its average volume of 101,465. The company has a debt-to-equity ratio of -1.36, a quick ratio of 0.59 and a current ratio of 0.62. Rosetta Stone Inc has a twelve month low of $7.41 and a twelve month high of $12.40.
A number of brokerages have recently issued reports on RST. Zacks Investment Research upgraded shares of Rosetta Stone from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research report on Wednesday, November 8th. ValuEngine upgraded shares of Rosetta Stone from a “sell” rating to a “hold” rating in a research report on Wednesday, November 29th.
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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