Rocky Mountain Chocolate Factory (NASDAQ:RMCF) CEO Jeffrey Richart Geygan Purchases 13,753 Shares

Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) CEO Jeffrey Richart Geygan bought 13,753 shares of the stock in a transaction on Monday, October 20th. The stock was purchased at an average price of $1.61 per share, for a total transaction of $22,142.33. Following the completion of the purchase, the chief executive officer owned 1,758,321 shares of the company’s stock, valued at approximately $2,830,896.81. This trade represents a 0.79% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Jeffrey Richart Geygan also recently made the following trade(s):

• On Friday, October 17th, Jeffrey Richart Geygan purchased 61,670 shares of Rocky Mountain Chocolate Factory stock. The shares were purchased at an average price of $1.59 per share, with a total value of $98,055.30.

Rocky Mountain Chocolate Factory Trading Up 0.9%

Shares of Rocky Mountain Chocolate Factory stock opened at $1.64 on Wednesday. Rocky Mountain Chocolate Factory, Inc. has a 52-week low of $1.12 and a 52-week high of $3.49. The stock’s 50-day simple moving average is $1.59 and its 200 day simple moving average is $1.47. The stock has a market capitalization of $12.75 million, a P/E ratio of -2.68 and a beta of 1.10. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.91 and a current ratio of 1.53.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last issued its earnings results on Monday, October 13th. The company reported ($0.09) earnings per share for the quarter. The business had revenue of $6.82 million for the quarter. Rocky Mountain Chocolate Factory had a negative return on equity of 63.75% and a negative net margin of 15.77%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Rocky Mountain Chocolate Factory in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Rocky Mountain Chocolate Factory presently has an average rating of “Sell”.

Institutional Investors Weigh In On Rocky Mountain Chocolate Factory

Institutional investors and hedge funds have recently modified their holdings of the company. Allworth Financial LP bought a new position in shares of Rocky Mountain Chocolate Factory in the first quarter valued at approximately $32,000. Salvus Wealth Management LLC lifted its stake in Rocky Mountain Chocolate Factory by 53.1% in the 3rd quarter. Salvus Wealth Management LLC now owns 23,567 shares of the company’s stock worth $37,000 after purchasing an additional 8,172 shares in the last quarter. Finally, Wealthedge Investment Advisors LLC boosted its holdings in Rocky Mountain Chocolate Factory by 208.5% in the 1st quarter. Wealthedge Investment Advisors LLC now owns 121,582 shares of the company’s stock valued at $148,000 after purchasing an additional 82,173 shares during the period. 50.27% of the stock is owned by hedge funds and other institutional investors.

About Rocky Mountain Chocolate Factory

Rocky Mountain Chocolate Factory, Inc, together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator. It operates through Franchising, Manufacturing, Retail Stores, and Other segments. The company produces approximately 400 chocolate candies and other confectionery products, including clusters, caramels, creams, toffees, mints, and truffles; and offers 15 varieties of caramel apples and other products that are prepared in individual stores, as well as provides ice cream, coffee, and other sundries.