Today it was reported that the CFO of Rosetta Stone (RST), Thomas Pierno, exercised options to sell 111,363 RST shares at $11.36 a share, for a total transaction value of $2.67M.
Following Thomas Pierno’s last RST Sell transaction on February 24, 2017, the stock climbed by 16.0%. In addition to Thomas Pierno, 4 other RST executives 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 351.4K.
The insider sentiment on Rosetta Stone has been negative according to 49 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Thomas Pierno’s trades have generated a -6.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
