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Jeffrey Geygan of Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) Just Spent US$68k On A Handful Of Shares
Even if it's not a huge purchase, we think it was good to see that Jeffrey Geygan, a Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) insider, recently shelled out US$68k to buy stock, at US$6.81 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.
View our latest analysis for Rocky Mountain Chocolate Factory
The Last 12 Months Of Insider Transactions At Rocky Mountain Chocolate Factory
Notably, that recent purchase by Jeffrey Geygan is the biggest insider purchase of Rocky Mountain Chocolate Factory shares that we've seen in the last year. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$7.84. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
While Rocky Mountain Chocolate Factory insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Rocky Mountain Chocolate Factory Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. From our data, it seems that Rocky Mountain Chocolate Factory insiders own 11% of the company, worth about US$5.3m. Whilst better than nothing, we're not overly impressed by these holdings.
So What Does This Data Suggest About Rocky Mountain Chocolate Factory Insiders?
It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Rocky Mountain Chocolate Factory stock. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 3 warning signs we've spotted with Rocky Mountain Chocolate Factory (including 1 which shouldn't be ignored).
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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What are the risks and opportunities for Rocky Mountain Chocolate Factory?
Rocky Mountain Chocolate Factory, Inc., together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator.
Risks
Earnings have declined by 46.6% per year over past 5 years
Does not have a meaningful market cap ($32M)
Further research on
Rocky Mountain Chocolate Factory
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About NasdaqGM:RMCF
Rocky Mountain Chocolate Factory
Rocky Mountain Chocolate Factory, Inc., together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator.
Flawless balance sheet with weak fundamentals.
