Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF – Get Free Report) major shareholder Global Value Investment Corp. bought 7,409 shares of the stock in a transaction that occurred on Monday, October 21st. The shares were bought at an average price of $2.32 per share, for a total transaction of $17,188.88. Following the completion of the transaction, the insider now directly owns 1,258,892 shares of the company’s stock, valued at $2,920,629.44. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Global Value Investment Corp. also recently made the following trade(s):
- On Wednesday, October 23rd, Global Value Investment Corp. acquired 330,743 shares of Rocky Mountain Chocolate Factory stock. The stock was bought at an average cost of $2.70 per share, for a total transaction of $893,006.10.
- On Monday, September 16th, Global Value Investment Corp. sold 820 shares of Rocky Mountain Chocolate Factory stock. The shares were sold at an average price of $1.75, for a total value of $1,435.00.
- On Friday, October 18th, Global Value Investment Corp. bought 23,700 shares of Rocky Mountain Chocolate Factory stock. The shares were purchased at an average price of $2.14 per share, for a total transaction of $50,718.00.
Rocky Mountain Chocolate Factory Price Performance
NASDAQ:RMCF opened at $2.77 on Friday. The business’s 50-day simple moving average is $1.97 and its two-hundred day simple moving average is $2.43. Rocky Mountain Chocolate Factory, Inc. has a 52 week low of $1.50 and a 52 week high of $5.15.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on shares of Rocky Mountain Chocolate Factory in a research note on Friday. They issued a “hold” rating for the company.
View Our Latest Report on Rocky Mountain Chocolate Factory
Hedge Funds Weigh In On Rocky Mountain Chocolate Factory
A hedge fund recently bought a new stake in Rocky Mountain Chocolate Factory stock. Sanctuary Advisors LLC purchased a new stake in Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF – Free Report) during the second quarter, according to its most recent filing with the SEC. The fund purchased 19,750 shares of the company’s stock, valued at approximately $43,000. Sanctuary Advisors LLC owned about 0.31% of Rocky Mountain Chocolate Factory as of its most recent filing with the SEC. Institutional investors and hedge funds own 50.27% of the company’s stock.
Rocky Mountain Chocolate Factory Company Profile
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.
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