Rocky Mountain Chocolate Factory, Inc. (RMCF) VP Sells $16,430.40 in Stock

Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) VP Gregory L. Pope sold 1,467 shares of the company’s stock in a transaction that occurred on Wednesday, July 12th. The shares were sold at an average price of $11.20, for a total value of $16,430.40. Following the transaction, the vice president now directly owns 30,311 shares in the company, valued at approximately $339,483.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rocky Mountain Chocolate Factory, Inc. (NASDAQ RMCF) traded down 0.35% during trading on Friday, hitting $11.40. The company had a trading volume of 7,737 shares. 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 $66.79 million, a price-to-earnings ratio of 19.00 and a beta of 0.90. The firm’s 50 day moving average is $11.46 and its 200-day moving average is $11.56.

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. The business had revenue of $9.35 million for the quarter. Rocky Mountain Chocolate Factory had a net margin of 9.23% and a return on equity of 18.66%. On average, equities analysts forecast that Rocky Mountain Chocolate Factory, Inc. will post $0.71 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Tuesday, September 5th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend 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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Hedge funds have recently bought and sold shares of the company. FMR LLC boosted its stake in Rocky Mountain Chocolate Factory by 10.7% in the second quarter. FMR LLC now owns 591,531 shares of the company’s stock valued at $6,980,000 after buying an additional 57,032 shares in the last quarter. Renaissance Technologies LLC boosted its stake 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 in the last quarter. Vanguard Group Inc. boosted its stake in Rocky Mountain Chocolate Factory by 2.0% in the second quarter. Vanguard Group Inc. now owns 198,217 shares of the company’s stock valued at $2,339,000 after buying an additional 3,909 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in 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 valued at $2,259,000 after buying an additional 7,189 shares in the last quarter. Finally, North Star Investment Management Corp. boosted its stake in 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 valued at $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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