Rosetta Stone (NYSE:RST) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Friday.

A number of other brokerages have also commented on RST. Barrington Research reissued an “outperform” rating and set a $15.00 price target (up from $12.00) on shares of Rosetta Stone in a research note on Wednesday, May 10th. Zacks Investment Research raised Rosetta Stone from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research note on Wednesday, May 17th.

Shares of Rosetta Stone (NYSE RST) traded up 0.11% on Friday, reaching $9.21. 29,145 shares of the company traded hands. Rosetta Stone has a one year low of $6.80 and a one year high of $12.40. The company’s market capitalization is $205.24 million. The firm’s 50 day moving average is $9.91 and its 200 day moving average is $10.18.

Rosetta Stone (NYSE:RST) last released its earnings results on Tuesday, August 8th. The software maker reported ($0.05) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.25) by $0.20. Rosetta Stone had a negative return on equity of 926.26% and a negative net margin of 6.06%. The firm had revenue of $45.91 million for the quarter, compared to analysts’ expectations of $42.23 million. During the same quarter in the previous year, the business posted ($0.41) earnings per share. The business’s revenue for the quarter was up .4% on a year-over-year basis. Analysts expect that Rosetta Stone will post ($0.57) earnings per share for the current fiscal year.

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In other news, insider M. Sean Hartford sold 4,050 shares of Rosetta Stone stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $11.91, for a total transaction of $48,235.50. Following the sale, the insider now directly owns 18,348 shares of the company’s stock, valued at $218,524.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Nierenberg sold 13,543 shares of Rosetta Stone stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $12.01, for a total value of $162,651.43. The disclosure for this sale can be found here. Insiders have sold 74,391 shares of company stock worth $894,735 over the last three months. Insiders own 13.00% of the company’s stock.

Several hedge funds have recently made changes to their positions in RST. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Rosetta Stone during the first quarter worth approximately $176,000. American International Group Inc. raised its position in Rosetta Stone by 7.1% in the first quarter. American International Group Inc. now owns 11,891 shares of the software maker’s stock worth $116,000 after buying an additional 792 shares in the last quarter. EAM Investors LLC bought a new position in Rosetta Stone during the first quarter worth approximately $580,000. Prudential Financial Inc. raised its position in Rosetta Stone by 1.4% in the first quarter. Prudential Financial Inc. now owns 67,560 shares of the software maker’s stock worth $658,000 after buying an additional 900 shares in the last quarter. Finally, Oxford Asset Management raised its position in Rosetta Stone by 291.9% in the first quarter. Oxford Asset Management now owns 39,189 shares of the software maker’s stock worth $382,000 after buying an additional 29,189 shares in the last quarter. 73.01% of the stock is currently owned by hedge funds and other institutional investors.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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