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.
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.