Insider Selling: Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) VP Sells 1,467 Shares of Stock

Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) VP Gregory L. Pope sold 1,467 shares of the business’s stock in a transaction on Wednesday, July 12th. The stock was 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 approximately $339,483.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Rocky Mountain Chocolate Factory, Inc. (RMCF) traded down 0.35% during mid-day trading on Friday, hitting $11.40. 7,737 shares of the stock traded hands. Rocky Mountain Chocolate Factory, Inc. has a 12 month low of $9.65 and a 12 month high of $13.23. The company has a market cap of $66.79 million, a P/E ratio of 19.00 and a beta of 0.90. The firm has a 50 day moving average of $11.46 and a 200 day moving average of $11.56.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Tuesday, September 5th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date is Thursday, August 31st. Rocky Mountain Chocolate Factory’s dividend payout ratio is currently 81.36%.

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Several large investors have recently modified their holdings of RMCF. FMR LLC boosted its stake in shares of Rocky Mountain Chocolate Factory by 10.7% in the second quarter. FMR LLC now owns 591,531 shares of the company’s stock worth $6,980,000 after buying an additional 57,032 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Rocky Mountain Chocolate Factory by 4.1% in the first quarter. Renaissance Technologies LLC now owns 508,070 shares of the company’s stock worth $5,731,000 after buying an additional 19,885 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Rocky Mountain Chocolate Factory by 2.0% in the second quarter. Vanguard Group Inc. now owns 198,217 shares of the company’s stock worth $2,339,000 after buying an additional 3,909 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Rocky Mountain Chocolate Factory by 3.9% in the second quarter. Dimensional Fund Advisors LP now owns 191,420 shares of the company’s stock worth $2,259,000 after buying an additional 7,189 shares in the last quarter. Finally, North Star Investment Management Corp. boosted its stake in shares of Rocky Mountain Chocolate Factory by 3.9% in the second quarter. North Star Investment Management Corp. now owns 132,650 shares of the company’s stock worth $1,560,000 after buying an additional 5,000 shares in the last quarter. Institutional investors and hedge funds own 38.04% 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)

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