Rocky Mountain Chocolate Factory, Inc. (RMCF) CFO Sells $214,718.70 in Stock

Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) CFO Bryan J. Merryman sold 17,330 shares of the stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $12.39, for a total value of $214,718.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Rocky Mountain Chocolate Factory, Inc. (NASDAQ RMCF) traded down $0.05 on Tuesday, hitting $12.39. The stock had a trading volume of 3,300 shares, compared to its average volume of 15,307. The stock has a market cap of $73.14, a PE ratio of 22.53 and a beta of 0.78. The company has a current ratio of 1.86, a quick ratio of 1.16 and a debt-to-equity ratio of 0.08. Rocky Mountain Chocolate Factory, Inc. has a 52 week low of $10.67 and a 52 week high of $13.23.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last released its earnings results on Friday, January 12th. The company reported $0.13 EPS for the quarter. The company had revenue of $9.96 million during the quarter. Rocky Mountain Chocolate Factory had a return on equity of 16.75% and a net margin of 8.50%.

Separately, TheStreet cut Rocky Mountain Chocolate Factory from a “b” rating to a “c+” rating in a report on Friday, January 12th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Rocky Mountain Chocolate Factory by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 198,217 shares of the company’s stock valued at $2,339,000 after purchasing an additional 3,909 shares during the period. Cardinal Capital Management lifted its stake in shares of Rocky Mountain Chocolate Factory by 12.5% in the 3rd quarter. Cardinal Capital Management now owns 43,813 shares of the company’s stock valued at $517,000 after purchasing an additional 4,864 shares during the period. North Star Investment Management Corp. lifted its stake in shares of Rocky Mountain Chocolate Factory by 3.8% in the 4th quarter. North Star Investment Management Corp. now owns 137,650 shares of the company’s stock valued at $1,621,000 after purchasing an additional 5,000 shares during the period. Capital Management Corp VA lifted its stake in shares of Rocky Mountain Chocolate Factory by 2.3% in the 3rd quarter. Capital Management Corp VA now owns 265,330 shares of the company’s stock valued at $3,136,000 after purchasing an additional 6,050 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Rocky Mountain Chocolate Factory by 3.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 191,420 shares of the company’s stock valued at $2,259,000 after purchasing an additional 7,189 shares during the period. Institutional investors own 40.19% of the company’s stock.

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Rocky Mountain Chocolate Factory Company Profile

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)

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