Key Points
- Heritage Railways In American sold 5,241 shares on Feb. 27 at an average of $2.60 and, across Feb. 19–Mar. 5, sold a total of 54,100 shares in staggered transactions disclosed to the SEC.
- Allen C. Harper reported matching sales of 54,100 shares over the same period, indicating partial, staged exits by major shareholders even though both still retain large positions (~945k–998k shares).
- RMCF’s fundamentals and sentiment are weak: the company posted negative EPS and margins, has a small market cap (~$21.3M), and Weiss Ratings and MarketBeat consensus currently rate the stock a Sell.
Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF - Get Free Report) major shareholder Heritage Railways In American sold 5,241 shares of the stock in a transaction on Friday, February 27th. The shares were sold at an average price of $2.60, for a total value of $13,626.60. Following the sale, the insider owned 966,115 shares in the company, valued at approximately $2,511,899. This represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
Heritage Railways In American also recently made the following trade(s):
- On Thursday, March 5th, Heritage Railways In American sold 8,918 shares of Rocky Mountain Chocolate Factory stock. The stock was sold at an average price of $2.60, for a total value of $23,186.80.
- On Wednesday, March 4th, Heritage Railways In American sold 11,297 shares of Rocky Mountain Chocolate Factory stock. The stock was sold at an average price of $2.60, for a total value of $29,372.20.
- On Thursday, February 26th, Heritage Railways In American sold 18,715 shares of Rocky Mountain Chocolate Factory stock. The shares were sold at an average price of $2.61, for a total value of $48,846.15.
- On Wednesday, February 25th, Heritage Railways In American sold 430 shares of Rocky Mountain Chocolate Factory stock. The stock was sold at an average price of $2.60, for a total value of $1,118.00.
- On Friday, February 20th, Heritage Railways In American sold 7,499 shares of Rocky Mountain Chocolate Factory stock. The stock was sold at an average price of $2.60, for a total value of $19,497.40.
- On Thursday, February 19th, Heritage Railways In American sold 2,000 shares of Rocky Mountain Chocolate Factory stock. The shares were sold at an average price of $2.62, for a total transaction of $5,240.00.
Rocky Mountain Chocolate Factory Stock Performance
Shares of RMCF stock opened at $2.28 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.66 and a debt-to-equity ratio of 1.29. The company has a 50 day moving average price of $2.42 and a 200-day moving average price of $2.01. Rocky Mountain Chocolate Factory, Inc. has a 52 week low of $1.14 and a 52 week high of $2.99. The firm has a market capitalization of $21.27 million, a PE ratio of -4.38 and a beta of 0.72.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF - Get Free Report) last issued its quarterly earnings data on Tuesday, January 13th. The company reported ($0.02) earnings per share for the quarter. Rocky Mountain Chocolate Factory had a negative net margin of 13.62% and a negative return on equity of 62.48%. The company had revenue of $7.54 million for the quarter.
Key Stories Impacting Rocky Mountain Chocolate Factory
Here are the key news stories impacting Rocky Mountain Chocolate Factory this week:
- Negative Sentiment: Heritage Railways In American reported a series of sales (Feb. 19–Mar. 5) totaling 54,100 shares at an average price near $2.60 — a modest reduction (~5% of that holder’s stake). The sales were staggered across several days and were disclosed to the SEC. Heritage Railways SEC filing
- Negative Sentiment: Allen C. Harper (also a major shareholder) filed matching sales over the same Feb. 19–Mar. 5 period, totaling 54,100 shares sold at ~ $2.60. Like the Heritage filings, Harper still retains a large position (~945k–998k shares), so these look like partial, staged exits rather than complete divestitures. Allen Harper SEC filing
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Rocky Mountain Chocolate Factory in a research note on Monday, March 30th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of "Sell".
View Our Latest Research Report on RMCF
Institutional Investors Weigh In On Rocky Mountain Chocolate Factory
Several hedge funds and other institutional investors have recently made changes to their positions in RMCF. DRW Securities LLC purchased a new position in shares of Rocky Mountain Chocolate Factory in the fourth quarter worth approximately $235,000. Thompson Davis & CO. Inc. bought a new position in Rocky Mountain Chocolate Factory in the first quarter worth approximately $215,000. American Capital Advisory LLC purchased a new position in shares of Rocky Mountain Chocolate Factory during the 4th quarter worth $134,000. Finally, Salvus Wealth Management LLC grew its position in shares of Rocky Mountain Chocolate Factory by 53.1% during the 3rd quarter. Salvus Wealth Management LLC now owns 23,567 shares of the company's stock valued at $37,000 after acquiring an additional 8,172 shares during the period. Hedge funds and other institutional investors own 50.27% of the company's stock.
About Rocky Mountain Chocolate Factory
(
Get Free Report)
Rocky Mountain Chocolate Factory, Inc is a specialty chocolate confectionery franchisor and manufacturer headquartered in Durango, Colorado. Established in 1981, the company develops, produces and markets a range of premium chocolate products, including truffles, caramels, toffees, fudge, nuts, dipped fruits and caramel apples. It operates company-owned retail stores as well as a franchised network, supplying handcrafted confections and related gift items through more than 300 retail locations across North America and select international markets.
From its origins as a single store in downtown Durango, Rocky Mountain Chocolate Factory introduced its first franchised outlets in the mid-1980s and completed a public offering in 1985.
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