Rocky Mountain Chocolate Factory
RMCF on Nasdaq. Market value $8m.
Should I look at this?
We have not checked this company yet
This is not advice.
Who owns it
None of the long-term investors we follow own it. 25 funds in all.
Largest holders overall
- Renaissance Technologies$234,724Cut
- Dimensional Fund Advisors LP$73,048Cut
- Vanguard Capital Management$59,586
- Geode Capital Management$54,178Cut
- Wealth Enhancement Advisory Services$37,941New
- GSA Capital Partners LLP$36,000Added
- Leverty Financial Group$35,918
- Susquehanna International Group, LLP$29,900New
- Vanguard Fiduciary Trust$27,151
- Salvus Wealth Management$20,968
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
4 investors own more than 5%.
- Global Value Investment CorporationInsider or founderat least 21.1%(filed with 7 related holders)Since 18 December 2025
What they said
Item 4 is amended and restated as follows: The Reporting Persons purchased the shares of Common Stock for investment purposes, and such purchases have been made in the ordinary course of business of the Reporting Persons. In pursuing such investment purposes but subject to the…
Read the filing - ARM-D Rocky Mountain Chocolate Holdings LLCPassive investorat least 16.1%(filed with 1 related holder)Since 18 December 2025
What they said
The information included in Item 3 is hereby incorporated by reference into this Item 4. The Reporting Persons acquired the shares for investment purposes. The Reporting Persons may, from time to time, engage in discussions with the board of directors and management of the…
Read the filing - American Heritage Railways, Inc.Insider or founderat least 8.7%(filed with 1 related holder)Since 7 May 2026
What they said
The transactions described below ae reported for purposes of Item 5(c). On February 19, 2026, the Reporting Person sold 2,000 shares at an average price of $2.6191 per share. On February 20, 2026, the Reporting Person sold 7,499 shares at an average price of $2.6015 per share.…
Read the filing - Radoff Family Foundationat least 4.6%(filed with 1 related holder)Since 16 September 2025
- Wax Asset Management, LLCPassive investorSold down below 5%Since 31 December 2025
- FMR LLCPassive investorSold down below 5%Since 31 March 2025
| Holder | Stake | Since | |
|---|---|---|---|
Global Value Investment Corporation Insider or founder | at least 21.1% (filed with 7 related holders) | 18 December 2025 | What they saidItem 4 is amended and restated as follows: The Reporting Persons purchased the shares of Common Stock for investment purposes, and such purchases have been made in the ordinary course of business of the Reporting Persons. In pursuing such investment purposes but subject to the… Read the filing |
ARM-D Rocky Mountain Chocolate Holdings LLC Passive investor | at least 16.1% (filed with 1 related holder) | 18 December 2025 | What they saidThe information included in Item 3 is hereby incorporated by reference into this Item 4. The Reporting Persons acquired the shares for investment purposes. The Reporting Persons may, from time to time, engage in discussions with the board of directors and management of the… Read the filing |
American Heritage Railways, Inc. Insider or founder | at least 8.7% (filed with 1 related holder) | 7 May 2026 | What they saidThe transactions described below ae reported for purposes of Item 5(c). On February 19, 2026, the Reporting Person sold 2,000 shares at an average price of $2.6191 per share. On February 20, 2026, the Reporting Person sold 7,499 shares at an average price of $2.6015 per share.… Read the filing |
Radoff Family Foundation | at least 4.6% (filed with 1 related holder) | 16 September 2025 | |
Wax Asset Management, LLC Passive investor | Sold down below 5% | 31 December 2025 | |
FMR LLC Passive investor | Sold down below 5% | 31 March 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 1 insider bought $418,204 of shares on the open market.
- GEYGAN JEFFREY RICHARTInterim CEO, DirectorBought
- Date
- 16 January 2026
- Shares
- 11,300
- Price
- $1.98
- Value
- $22,374
- GEYGAN JEFFREY RICHARTOfficer, DirectorBought
- Date
- 16 January 2026
- Shares
- 11,300
- Price
- $1.98
- Value
- $22,374
- GEYGAN JEFFREY RICHARTInterim CEO, DirectorBought
- Date
- 4 November 2025
- Shares
- 8,935
- Price
- $1.64
- Value
- $14,653
- GEYGAN JEFFREY RICHARTOfficer, DirectorBought
- Date
- 4 November 2025
- Shares
- 8,935
- Price
- $1.64
- Value
- $14,653
- GEYGAN JEFFREY RICHARTOfficer, DirectorBought
- Date
- 24 October 2025
- Shares
- 6,720
- Price
- $1.82
- Value
- $12,230
- GEYGAN JEFFREY RICHARTInterim CEO, DirectorBought
- Date
- 24 October 2025
- Shares
- 6,720
- Price
- $1.82
- Value
- $12,230
- GEYGAN JEFFREY RICHARTInterim CEO, DirectorBought
- Date
- 22 October 2025
- Shares
- 8,775
- Price
- $1.78
- Value
- $15,620
- GEYGAN JEFFREY RICHARTOfficer, DirectorBought
- Date
- 22 October 2025
- Shares
- 8,775
- Price
- $1.78
- Value
- $15,620
- GEYGAN JEFFREY RICHARTInterim CEO, DirectorBought
- Date
- 21 October 2025
- Shares
- 14,562
- Price
- $1.65
- Value
- $24,027
- GEYGAN JEFFREY RICHARTOfficer, DirectorBought
- Date
- 21 October 2025
- Shares
- 14,562
- Price
- $1.65
- Value
- $24,027
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 16 January 2026 | GEYGAN JEFFREY RICHART Interim CEO, Director | Bought | 11,300 | $1.98 | $22,374 |
| 16 January 2026 | GEYGAN JEFFREY RICHART Officer, Director | Bought | 11,300 | $1.98 | $22,374 |
| 4 November 2025 | GEYGAN JEFFREY RICHART Interim CEO, Director | Bought | 8,935 | $1.64 | $14,653 |
| 4 November 2025 | GEYGAN JEFFREY RICHART Officer, Director | Bought | 8,935 | $1.64 | $14,653 |
| 24 October 2025 | GEYGAN JEFFREY RICHART Officer, Director | Bought | 6,720 | $1.82 | $12,230 |
| 24 October 2025 | GEYGAN JEFFREY RICHART Interim CEO, Director | Bought | 6,720 | $1.82 | $12,230 |
| 22 October 2025 | GEYGAN JEFFREY RICHART Interim CEO, Director | Bought | 8,775 | $1.78 | $15,620 |
| 22 October 2025 | GEYGAN JEFFREY RICHART Officer, Director | Bought | 8,775 | $1.78 | $15,620 |
| 21 October 2025 | GEYGAN JEFFREY RICHART Interim CEO, Director | Bought | 14,562 | $1.65 | $24,027 |
| 21 October 2025 | GEYGAN JEFFREY RICHART Officer, Director | Bought | 14,562 | $1.65 | $24,027 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.