Heritage Railways In American Sells 11,297 Shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF) Stock

Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) major shareholder Heritage Railways In American sold 11,297 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $2.60, for a total transaction of $29,372.20. Following the sale, the insider owned 954,818 shares of the company’s stock, valued at approximately $2,482,526.80. The trade was a 1.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions 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 transaction of $23,186.80.
• 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 transaction 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 transaction 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 transaction 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 transaction of $19,497.40.
• 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 transaction of $5,240.00.

Rocky Mountain Chocolate Factory Price 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 firm has a market capitalization of $20.99 million, a PE ratio of -4.33 and a beta of 0.72. Rocky Mountain Chocolate Factory, Inc. has a twelve month low of $1.14 and a twelve month high of $2.99. The company has a 50-day moving average price of $2.41 and a two-hundred day moving average price of $2.01.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last issued its earnings results on Tuesday, January 13th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $7.54 million for the quarter. Rocky Mountain Chocolate Factory had a negative return on equity of 62.48% and a negative net margin of 13.62%.

More Rocky Mountain Chocolate Factory News

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

Hedge Funds Weigh In On Rocky Mountain Chocolate Factory

A number of large investors have recently modified their holdings of the company. Salvus Wealth Management LLC boosted its position in shares of Rocky Mountain Chocolate Factory by 53.1% in the third 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. American Capital Advisory LLC bought a new position in shares of Rocky Mountain Chocolate Factory in the fourth quarter valued at approximately $134,000. Thompson Davis & CO. Inc. bought a new position in shares of Rocky Mountain Chocolate Factory in the first quarter valued at approximately $215,000. Finally, DRW Securities LLC bought a new position in shares of Rocky Mountain Chocolate Factory in the fourth quarter valued at approximately $235,000. 50.27% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocky Mountain Chocolate Factory in a research report on Monday, March 30th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average 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.