Today, a Director at Rosetta Stone (RST), David Nierenberg, sold shares of RST for $2.74M.
In addition to David Nierenberg, one other RST executive reported Sell trades in the last month.
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Based on Rosetta Stone’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $44.61 million and GAAP net loss of $544K. In comparison, last year the company earned revenue of $42.81 million and had a GAAP net loss of $6.4 million. Currently, Rosetta Stone has an average volume of 240.7K.
The insider sentiment on Rosetta Stone has been negative according to 45 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Rosetta Stone, Inc. engages in the provision of technology based language learning solutions. It develops, markets, and sells language learning solutions consisting of software products, online services, and audio practice tools under the Rosetta Stone brand.
