A Director at Rosetta Stone (NYSE: RST) is Selling Shares

By Carrie Williams

Today, a Director at Rosetta Stone (NYSE: RST), David Nierenberg, sold shares of RST for $3.46M.

Following David Nierenberg’s last RST Sell transaction on April 17, 2015, the stock climbed by 4.3%. This is Nierenberg’s first transaction since reporting a Buy transaction on RVSB back in June 2016

The company has a one year high of $12.40 and a one year low of $6.80. Currently, Rosetta Stone has an average volume of 216K.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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. It operates through the Enterprise and Education, Literacy and Consumer segments. The Enterprise and Education segment offers language-learning to educational institutions, corporations, and government agencies worldwide under a Software-as-a-Service. The Literacy segment offers literacy solutions through Software-as-a-Service model to educational institutions serving grades K through 12. The Consumer segment offers products to individuals and retail partners worldwide. The company was founded by Allen Stoltzfus and John Fairfield in 1992 and is headquartered in Arlington, VA.