Osmium Partners Lowers stake in Rosetta Stone Inc (RST)

Rosetta Stone Inc (RST) : Osmium Partners reduced its stake in Rosetta Stone Inc by 4.75% during the most recent quarter end. The investment management company now holds a total of 1,976,099 shares of Rosetta Stone Inc which is valued at $17,686,086 after selling 98,476 shares in Rosetta Stone Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Rosetta Stone Inc makes up approximately 22.04% of Osmium Partners’s portfolio.

Other Hedge Funds, Including , Menta Capital reduced its stake in RST by selling 9,000 shares or 21.05% in the most recent quarter. The Hedge Fund company now holds 33,750 shares of RST which is valued at $302,063. Rosetta Stone Inc makes up approx 0.04% of Menta Capital’s portfolio.Roumell Asset Management reduced its stake in RST by selling 27,310 shares or 2.39% in the most recent quarter. The Hedge Fund company now holds 1,114,648 shares of RST which is valued at $9,976,100. Rosetta Stone Inc makes up approx 20.21% of Roumell Asset Management’s portfolio.Credit Suisse Ag reduced its stake in RST by selling 28,120 shares or 71.14% in the most recent quarter. The Hedge Fund company now holds 11,407 shares of RST which is valued at $102,093.Blackrock Fund Advisors boosted its stake in RST in the latest quarter, The investment management firm added 456,487 additional shares and now holds a total of 502,494 shares of Rosetta Stone Inc which is valued at $4,497,321.

Rosetta Stone Inc opened for trading at $8.82 and hit $8.9 on the upside on Thursday, eventually ending the session at $8.89, with a gain of 0.57% or 0.05 points. The heightened volatility saw the trading volume jump to 25,868 shares. Company has a market cap of $195 M.

On the company’s financial health, Rosetta Stone Inc reported $-0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.26 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $-0.67. The company had revenue of $45.70 million for the quarter, compared to analysts expectations of $42.93 million. The company’s revenue was down -11.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.38 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.

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