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. The company has a market cap of $66.79 million, a P/E ratio of 19.00 and a beta of 0.90. Rocky Mountain Chocolate Factory, Inc. has a 12 month low of $9.65 and a 12 month high of $13.23. 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 issued its quarterly earnings data on Thursday, July 6th. The company reported $0.14 earnings per share for the quarter. Rocky Mountain Chocolate Factory had a net margin of 9.23% and a return on equity of 18.66%. The business had revenue of $9.35 million for the quarter. 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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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its position in Rocky Mountain Chocolate Factory by 2.3% in the fourth quarter. Renaissance Technologies LLC now owns 488,185 shares of the company’s stock worth $4,975,000 after buying an additional 11,000 shares during the last quarter. Algert Global LLC purchased a new position in Rocky Mountain Chocolate Factory during the first quarter worth about $216,000. North Star Investment Management Corp. raised its position in Rocky Mountain Chocolate Factory by 27.2% in the first quarter. North Star Investment Management Corp. now owns 127,650 shares of the company’s stock worth $1,440,000 after buying an additional 27,300 shares during the last quarter. O Shaughnessy Asset Management LLC raised 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 last quarter. Finally, LSV Asset Management raised 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 last quarter. 38.04% of the stock is currently owned by hedge funds and other institutional investors.

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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