Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Ariel Investments Owns Over 10% of Astro-Med and Rosetta Stone

Ariel Investments, Astro-Med, Rosetta Stone: Just now, Ariel Investments, led by John W. Rogers, disclosed two moves made into its passive stakes in Astro-Med, Inc. (NASDAQ:ALOT) and Rosetta Stone Inc (NYSE:RST). In a filing with the SEC, Ariel reported that it now owns 755,379 shares of Astro-Med, up from 668,442 shares reported in its latest 13F. The new position is worth 10.1% of the company.

Rosetta Stone Inc

In the second filing, Ariel disclosed ownership of some 2.27 million shares of Rosetta Stone, which represent 10.4% of the company. In the 13F the stake reported by Ariel comprised 951,654 shares of Rosetta Stone. The value of the new position amounts to some $36.3 million, at the current price of Rosetta Stone’s stock.

Disclosure: none

Recommended Reading:

Frontier Capital Gives KiOR a Big Boost

Daniel Lewis’s Orange Capital Sends Letter to PHH Corp Encouraging Spinoffs

Ken Griffin, Citadel Take 7.6% Stake in Cherry Hill Mortgage

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!