Rocky Mountain Chocolate Factory (NASDAQ:RMCF) Major Shareholder Sells $19,497.40 in Stock

Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) major shareholder Heritage Railways In American sold 7,499 shares of Rocky Mountain Chocolate Factory stock in a transaction on Friday, February 20th. The stock was sold at an average price of $2.60, for a total value of $19,497.40. Following the completion of the transaction, the insider owned 990,501 shares in the company, valued at $2,575,302.60. The trade was a 0.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% 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 Friday, February 27th, Heritage Railways In American sold 5,241 shares of Rocky Mountain Chocolate Factory stock. The stock was sold at an average price of $2.60, for a total value of $13,626.60.
• On Thursday, February 26th, Heritage Railways In American sold 18,715 shares of Rocky Mountain Chocolate Factory stock. The stock was 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 Thursday, February 19th, Heritage Railways In American sold 2,000 shares of Rocky Mountain Chocolate Factory stock. The stock was sold at an average price of $2.62, for a total value of $5,240.00.

Rocky Mountain Chocolate Factory Stock Performance

Shares of NASDAQ RMCF opened at $2.25 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 stock has a market capitalization of $21.00 million, a price-to-earnings ratio of -4.33 and a beta of 0.72. The stock’s fifty day simple moving average is $2.41 and its 200 day simple moving average is $2.02. Rocky Mountain Chocolate Factory, Inc. has a 52-week low of $1.14 and a 52-week high of $2.99.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of RMCF. Salvus Wealth Management LLC grew its holdings in shares of Rocky Mountain Chocolate Factory by 53.1% during the third quarter. Salvus Wealth Management LLC now owns 23,567 shares of the company’s stock valued at $37,000 after buying an additional 8,172 shares in the last quarter. American Capital Advisory LLC purchased a new position in shares of Rocky Mountain Chocolate Factory during the fourth quarter valued at $134,000. DRW Securities LLC purchased a new position in shares of Rocky Mountain Chocolate Factory during the fourth quarter valued at $235,000. Finally, Thompson Davis & CO. Inc. purchased a new position in shares of Rocky Mountain Chocolate Factory during the first quarter valued at $215,000. Hedge funds and other institutional investors own 50.27% of the company’s stock.

Key Stories Impacting Rocky Mountain Chocolate Factory

Here are the key news stories impacting Rocky Mountain Chocolate Factory this week:

• Positive Sentiment: Several institutional investors opened or increased small positions (DRW Securities, Thompson Davis & Co., American Capital Advisory, Salvus Wealth Management), which could provide modest support to the float. Institutional trading summary
• Neutral Sentiment: Technical mix: the 50‑day moving average (~$2.42) remains above the 200‑day (~$2.01), a mild technical positive, but the shares sit well below their 52‑week high and near the mid-to-lower range. RMCF technicals
• Negative Sentiment: Major shareholder Heritage Railways In American reported a sequence of staggered sales (Feb. 19–Mar. 5) totaling 54,100 shares at about $2.60 — a material, disclosed reduction of its stake. Heritage Railways SEC filing
• Negative Sentiment: Allen C. Harper, another major holder, filed matching staged sales over the same period (also totaling ~54,100 shares), signaling coordinated partial exits that increase selling pressure despite both retain large positions. Allen C. Harper SEC filing
• Negative Sentiment: Analyst sentiment remains weak: Weiss Ratings recently reiterated a “sell (D-)” view, reinforcing negative market perceptions. Weiss Ratings note
• Negative Sentiment: Fundamentals show pressure: most recent quarter reported a small EPS loss, negative margins and a quick ratio below 1, which supports cautious investor stance. RMCF financials

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Rocky Mountain Chocolate Factory in a report on Monday, March 30th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Rocky Mountain Chocolate Factory has a consensus rating of “Sell”.

Rocky Mountain Chocolate Factory Company Profile

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.