California Public Employees Retirement System Lowers Stake in Rosetta Stone (RST)

California Public Employees Retirement System reduced its position in shares of Rosetta Stone (NYSE:RST) by 16.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 82,100 shares of the software maker’s stock after selling 16,000 shares during the quarter. California Public Employees Retirement System owned about 0.37% of Rosetta Stone worth $885,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Rosetta Stone by 5.4% during the 2nd quarter. Vanguard Group Inc. now owns 840,310 shares of the software maker’s stock valued at $9,059,000 after acquiring an additional 43,033 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of Rosetta Stone during the 2nd quarter valued at approximately $127,000. Menta Capital LLC boosted its position in shares of Rosetta Stone by 375.5% during the 2nd quarter. Menta Capital LLC now owns 108,921 shares of the software maker’s stock valued at $1,174,000 after acquiring an additional 86,015 shares during the last quarter. Nationwide Fund Advisors boosted its position in shares of Rosetta Stone by 214.4% during the 2nd quarter. Nationwide Fund Advisors now owns 33,744 shares of the software maker’s stock valued at $364,000 after acquiring an additional 23,010 shares during the last quarter. Finally, Ameriprise Financial Inc. bought a new position in shares of Rosetta Stone during the 2nd quarter valued at approximately $277,000. Hedge funds and other institutional investors own 72.95% of the company’s stock.

In related news, major shareholder Osmium Partners, Llc sold 105,000 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $9.10, for a total value of $955,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 14.50% of the stock is owned by company insiders.

Shares of Rosetta Stone (NYSE:RST) opened at $10.66 on Wednesday. Rosetta Stone has a 52-week low of $7.41 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.

A number of analysts recently issued reports on the company. Zacks Investment Research upgraded Rosetta Stone from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research report on Wednesday, November 8th. ValuEngine downgraded Rosetta Stone from a “hold” rating to a “sell” rating in a research report on Friday, September 1st.

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

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