Rosetta Stone Inc (RST) : Osmium Partners scooped up 56,128 additional shares in Rosetta Stone Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 2,032,227 shares of Rosetta Stone Inc which is valued at $16,745,550.Rosetta Stone Inc makes up approximately 19.51% of Osmium Partners’s portfolio.
Other Hedge Funds, Including , Jacobs Levy Equity Management Inc reduced its stake in RST by selling 6,700 shares or 6.4% in the most recent quarter. The Hedge Fund company now holds 97,968 shares of RST which is valued at $807,256. Rosetta Stone Inc makes up approx 0.01% of Jacobs Levy Equity Management Inc’s portfolio.Tower Research Capital (trc) reduced its stake in RST by selling 241 shares or 40.92% in the most recent quarter. The Hedge Fund company now holds 348 shares of RST which is valued at $2,450.American Century Companies Inc reduced its stake in RST by selling 3,861 shares or 17.98% in the most recent quarter. The Hedge Fund company now holds 17,612 shares of RST which is valued at $124,517.Strs Ohio boosted its stake in RST in the latest quarter, The investment management firm added 9,903 additional shares and now holds a total of 64,503 shares of Rosetta Stone Inc which is valued at $465,712.
Rosetta Stone Inc opened for trading at $7.85 and hit $8 on the upside on Monday, eventually ending the session at $7.91, with a gain of 1.54% or 0.12 points. The heightened volatility saw the trading volume jump to 76,506 shares. Company has a market cap of $175 M.
On the company’s financial health, Rosetta Stone Inc reported $-0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.33 according to the earnings call on Nov 7, 2016. Analyst had a consensus of $-0.58. The company had revenue of $48.70 million for the quarter, compared to analysts expectations of $45.55 million. The company’s revenue was down -2.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.34 EPS.
Rosetta Stone Inc. (Rosetta Stone) is a provider of reading and brain fitness solutions. The Company’s solutions are used by schools businesses government organizations and individuals around the world. The Company offers courses in 30 languages across a range of formats including Web-based software subscriptions digital downloads mobile applications and perpetual compact disc (CD) packages. The Company operates in three segments: North America Consumer (NA) Rest of World (ROW) Consumer and Global Enterprise & Education. The North America Consumer and ROW Consumer segments derive revenues from sales to individuals and retail partners. The North America Consumer segment includes sales made within the United States and Canada and the ROW Consumer segment includes sales made in countries other than the United States and Canada. The Global Enterprise & Education segment derives revenues from sales to educational institutions government agencies and corporations across the world.