In several filings with the SEC, John W. Rogers
’ Ariel Investments, has reported upping its stake in Rosetta Stone Inc (NYSE:RST
), Spartan Motors Inc (NASDAQ:SPAR
) and Sigma Designs Inc (NASDAQ:SIGM
The fund holds 3.45 million shares, representing 15.8% of the Rosetta Stone Inc (NYSE:
RST)'s common stock, the fund held 2.27 million shares at the end of the third quarter of 2013.
Rosetta Stone Inc (NYSE:
RST), provides innovative, technology
-driven language and reading solutions for businesses, schools, government organizations and others. Amongst other hedge funds, who are bullish on Rosetta Stone Inc (NYSE:
RST), is David Nierenberg
’s Nierenberg Investment Management, which holds 1.69 million shares, representing 21.65% of its equity portfolio. Renaissance Technologies, managed by Jim Simons,
raised its stake in the third quarter by 19% and now holds 823,500 shares.
Also, Ariel has upped its stake in Spartan Motors Inc (NASDAQ:
SPAR) to 3.46 million common stock shares, representing 10.1% of stock, from previously held 2.53 million shares, disclosed as at the end of September 2013.
Spartan Motors Inc (NASDAQ:
SPAR) is a designer, engineer and manufacturer of specialty chassis, truck bodies, specialty vehicles and aftermarket parts the recreational vehicle, emergency response, defense, government services and delivery and service markets. Chuck Royce
’s Royce & Associates owns 1.27 million shares of Spartan Motors Inc (NASDAQ:
SPAR), with a reported value of $7.73 million. Gamco Investors, managed by Mario Gabelli
, held a less significant stake with 290,000 shares at the end of the third quarter
Ariel Investments has raised its position in Sigma Designs Inc
SIGM), to 10.1% of common stock, representing 3.49 million shares. The fund held some 1.97 million shares at the end of the third quarter
Sigma Designs Inc
SIGM), provides system-on-chip solutions. It further caters to connect
media platforms and building essential consumer semiconductor technologies. Raging Capital Management, led by William C. Martin
, had sliced
its stake in, Sigma Designs Inc
SIGM) to 4.98%, trimming its position to 1.72 million shares. Another hedge fund Algert Coldiron Investors, managed by Peter Algert and Kevin Coldiron
a position in the company in the third quarter of 2013 and currently holds 317,390 shares of the company.
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