Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) VP Gregory L. Pope sold 1,467 shares of the business’s stock in a transaction dated Wednesday, July 12th. The shares were sold at an average price of $11.20, for a total transaction of $16,430.40. Following the completion of the sale, the vice president now owns 30,311 shares in the company, valued at $339,483.20. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of Rocky Mountain Chocolate Factory, Inc. (RMCF) traded down 0.27% during mid-day trading on Friday, reaching $11.27. 3,340 shares of the company traded hands. Rocky Mountain Chocolate Factory, Inc. has a 52-week low of $9.65 and a 52-week high of $13.23. The stock has a market capitalization of $66.03 million, a price-to-earnings ratio of 18.78 and a beta of 0.90. The company’s 50 day moving average is $11.78 and its 200 day moving average is $11.37.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last released its earnings results on Thursday, July 6th. The company reported $0.14 earnings per share for the quarter. Rocky Mountain Chocolate Factory had a return on equity of 18.66% and a net margin of 9.23%. The firm had revenue of $9.35 million for the quarter. On average, equities analysts forecast that Rocky Mountain Chocolate Factory, Inc. will post $0.71 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 16th. Investors of record on Tuesday, June 6th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, June 2nd. This represents a $0.48 annualized dividend and a yield of 4.26%. Rocky Mountain Chocolate Factory’s dividend payout ratio (DPR) is presently 81.36%.

TRADEMARK VIOLATION NOTICE: This news story was originally posted by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this news story can be accessed at https://www.americanbankingnews.com/2017/07/14/gregory-l-pope-sells-1467-shares-of-rocky-mountain-chocolate-factory-inc-nasdaqrmcf-stock.html.

A number of institutional investors have recently added to or reduced their stakes in RMCF. Renaissance Technologies LLC increased its position in Rocky Mountain Chocolate Factory by 4.1% in the first quarter. Renaissance Technologies LLC now owns 508,070 shares of the company’s stock valued at $5,731,000 after buying an additional 19,885 shares during the period. Dimensional Fund Advisors LP increased its position in Rocky Mountain Chocolate Factory by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 184,231 shares of the company’s stock worth $2,078,000 after buying an additional 1,871 shares during the period. O Shaughnessy Asset Management LLC increased its position in Rocky Mountain Chocolate Factory by 59.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 9,526 shares of the company’s stock worth $107,000 after buying an additional 3,565 shares during the period. Algert Global LLC purchased a new position in Rocky Mountain Chocolate Factory during the first quarter worth approximately $216,000. Finally, LSV Asset Management increased its position in Rocky Mountain Chocolate Factory by 319.4% in the first quarter. LSV Asset Management now owns 26,600 shares of the company’s stock worth $300,000 after buying an additional 20,258 shares during the period. Hedge funds and other institutional investors own 38.43% of the company’s stock.

About Rocky Mountain Chocolate Factory

Rocky Mountain Chocolate Factory, Inc is an international franchisor, confectionery manufacturer and retail operator. The Company’s subsidiary, U-Swirl International, Inc (U-Swirl), franchises and operates soft-serve frozen yogurt stores. The Company operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl operations and Other.

Insider Buying and Selling by Quarter for Rocky Mountain Chocolate Factory (NASDAQ:RMCF)

Receive News & Ratings for Rocky Mountain Chocolate Factory Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rocky Mountain Chocolate Factory Inc. and related companies with MarketBeat.com's FREE daily email newsletter.