Rosetta Stone Inc (RST): M. Sean Hartford , other of Rosetta Stone Inc sold 3,049 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $7.72 per share for a total value of $23,550.48 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, Thomas M Pierno (Chief Financial Officer) sold 1,262 shares at $7.93 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.
Shares of Rosetta Stone Inc (RST) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.39% at $7.59 with 76,150 shares getting traded. Post opening the session at $7.58, the shares hit an intraday low of $7.51 and an intraday high of $7.72 and the price vacillated in this range throughout the day. The company has a market cap of $166 M and the number of outstanding shares has been calculated to be 2,19,19,136 shares. The 52-week high of Rosetta Stone Inc is $9.19 and the 52-week low is $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.