Nationwide Fund Advisors increased its holdings in shares of Rosetta Stone (NYSE:RST) by 214.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,744 shares of the software maker’s stock after purchasing an additional 23,010 shares during the period. Nationwide Fund Advisors owned 0.15% of Rosetta Stone worth $364,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. American International Group Inc. boosted its stake in shares of Rosetta Stone by 7.1% during the first quarter. American International Group Inc. now owns 11,891 shares of the software maker’s stock valued at $116,000 after purchasing an additional 792 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Rosetta Stone by 8.3% during the second quarter. Rhumbline Advisers now owns 20,632 shares of the software maker’s stock valued at $222,000 after purchasing an additional 1,575 shares in the last quarter. Teachers Advisors LLC boosted its stake in shares of Rosetta Stone by 11.6% during the second quarter. Teachers Advisors LLC now owns 33,881 shares of the software maker’s stock valued at $365,000 after purchasing an additional 3,530 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of Rosetta Stone by 4.1% during the first quarter. California Public Employees Retirement System now owns 98,100 shares of the software maker’s stock valued at $956,000 after purchasing an additional 3,900 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Rosetta Stone by 13.0% during the first quarter. Wells Fargo & Company MN now owns 45,293 shares of the software maker’s stock valued at $442,000 after purchasing an additional 5,197 shares in the last quarter. Hedge funds and other institutional investors own 73.37% of the company’s stock.

A number of equities analysts have recently issued reports on the stock. ValuEngine downgraded shares of Rosetta Stone from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of Rosetta Stone from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th.

Shares of Rosetta Stone (NYSE:RST) opened at $10.46 on Wednesday. Rosetta Stone has a 52-week low of $6.85 and a 52-week high of $12.40. 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 (NYSE:RST) last posted its earnings results on Tuesday, August 8th. The software maker reported ($0.05) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.25) by $0.20. Rosetta Stone had a negative net margin of 4.97% and a negative return on equity of 926.26%. The company had revenue of $45.91 million during the quarter, compared to analysts’ expectations of $42.23 million. During the same quarter in the prior year, the company posted ($0.41) earnings per share. Rosetta Stone’s revenue for the quarter was up .4% compared to the same quarter last year. equities research analysts forecast that Rosetta Stone will post -0.46 earnings per share for the current fiscal year.

In related 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 $9.10, for a total transaction of $955,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 14.50% of the company’s stock.

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About Rosetta Stone

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.

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

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