FutureFuel (NYSE:FF) Stock: Insider Roeland Polet Purchases 48,080 Shares

FutureFuel Corp. (NYSE:FF) CEO Roeland Polet purchased 48,080 shares of the company’s stock in a transaction dated Thursday, November 12th. The stock was bought at an average cost of $2.83 per share, for a total transaction of $136,066.40. Following the completion of the purchase, the chief executive officer directly owned 83,080 shares of the company’s stock, valued at $235,116.40. The trade was a 137.37% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

FutureFuel Stock Performance

Shares of NYSE:FF traded up $0.10 during midday trading on Friday, hitting $2.93. 1,008,866 shares of the stock were exchanged, compared to its average volume of 1,035,634. FutureFuel Corp. has a 52-week low of $2.62 and a 52-week high of $6.99. The business’s fifty day simple moving average is $5.20 and its two-hundred day simple moving average is $4.62. The company has a market capitalization of $128.42 million, a PE ratio of -4.31 and a beta of 0.82.

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

FutureFuel Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, December 4th. FutureFuel’s payout ratio is currently -5.88%.

Institutional Investors Weigh In On FutureFuel

A number of large investors have recently bought and sold shares of FF. BlackRock Inc. acquired a new stake in FutureFuel in the 2nd quarter worth approximately $8,653,000. Kestra Advisory Services LLC bought a new stake in FutureFuel during the third quarter worth approximately $1,567,000. Empowered Funds LLC bought a new stake in FutureFuel during the second quarter worth approximately $1,384,000. Bank of New York Mellon Corp bought a new stake in FutureFuel during the second quarter worth approximately $1,214,000. Finally, GSA Capital Partners LLP acquired a new position in FutureFuel during the second quarter valued at approximately $1,029,000. 44.56% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of FutureFuel in a report on Wednesday. Wall Street Zen raised shares of FutureFuel from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Finally, Gabelli began coverage on shares of FutureFuel in a research note on Tuesday, November 10th. They issued an “add” rating and a $9.00 target price for the company. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, FutureFuel currently has an average rating of “Hold” and an average price target of $9.00.

FutureFuel Company Profile

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.