Rosetta Stone Inc (RST): Thomas M Pierno , Chief Financial Officer of Rosetta Stone Inc sold 1,262 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $7.93 per share for a total value of $10,007.66 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 26, 2016, Thomas M Pierno (Chief Financial Officer) sold 3,213 shares at $7.21 per share price.On Feb 26, 2016, M. Sean Hartford (other) sold 410 shares at $7.21 per share price.Also, On Oct 8, 2015, Judy Verses (Pres., Global Enterp. & Educ’n) sold 1,613 shares at $6.48 per share price.On Jun 5, 2015, A John Hass (Interim Pres. & CEO) sold 1,286 shares at $8.75 per share price.
Rosetta Stone Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in Rosetta Stone Inc which led to swings in the share price. The shares opened for trading at $7.93 and hit $8.15 on the upside , eventually ending the session at $8.02, with a gain of 0.63% or 0.05 points. The heightened volatility saw the trading volume jump to 70,932 shares. The 52-week high of the share price is $9.19 and the company has a market cap of $175 M . The 52-week low of the share price is at $6.17.
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.