FutureFuel (NYSE:FF) CFO Acquires $30,315.00 in Stock

FutureFuel Corp. (NYSE:FF) CFO Rose Sparks acquired 10,750 shares of the firm’s stock in a transaction on Thursday, November 12th. The shares were bought at an average price of $2.82 per share, for a total transaction of $30,315.00. Following the completion of the transaction, the chief financial officer owned 35,045 shares of the company’s stock, valued at approximately $98,826.90. This trade represents a 44.25% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

FutureFuel Price Performance

Shares of NYSE:FF traded up $0.10 during trading on Friday, hitting $2.93. The company had a trading volume of 962,960 shares, compared to its average volume of 454,787. The stock has a market cap of $128.42 million, a price-to-earnings ratio of -4.31 and a beta of 0.82. FutureFuel Corp. has a one year low of $2.62 and a one year high of $6.99. The company has a fifty day simple moving average of $5.25 and a two-hundred day simple moving average of $4.62.

FutureFuel (NYSE:FF) last announced its earnings results on Monday, November 9th. The energy company reported ($0.19) EPS for the quarter. The company had revenue of $104.67 million during the quarter. FutureFuel had a negative return on equity of 19.93% and a negative net margin of 12.59%.

FutureFuel Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be given a $0.01 dividend. The ex-dividend date is Friday, December 4th. This represents a $0.04 dividend on an annualized basis and a yield of 1.4%. FutureFuel’s dividend payout ratio (DPR) is currently -5.88%.

Institutional Trading of FutureFuel

Institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. boosted its position in shares of FutureFuel by 834.9% during the third quarter. Russell Investments Group Ltd. now owns 147,233 shares of the energy company’s stock valued at $752,000 after buying an additional 131,484 shares during the period. Kestra Advisory Services LLC bought a new position in shares of FutureFuel during the third quarter valued at approximately $1,567,000. Odyssean LLC raised its holdings in shares of FutureFuel by 79.3% in the second quarter. Odyssean LLC now owns 60,816 shares of the energy company’s stock worth $275,000 after buying an additional 26,890 shares during the period. AXQ Capital LP purchased a new stake in shares of FutureFuel in the second quarter worth approximately $55,000. Finally, Empowered Funds LLC purchased a new stake in shares of FutureFuel in the second quarter worth approximately $1,384,000. Institutional investors own 44.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on FF shares. Wall Street Zen raised shares of FutureFuel from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of FutureFuel in a research note on Wednesday. Finally, Gabelli initiated coverage on shares of FutureFuel in a research note on Tuesday. They issued an “add” rating and a $9.00 target price on the stock. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $9.00.

About FutureFuel

FutureFuel Corp. is a U.S.-based chemical and biofuel manufacturer with operations in Batesville, Arkansas. The company operates through chemicals and biofuels businesses, using its manufacturing capabilities to produce both custom-made and proprietary products. Its chemicals business serves customers in markets that include agriculture, pharmaceuticals and coatings, among others. FutureFuel manufactures specialty chemicals to customer specifications and also develops and produces its own chemical products.