Insider Buying: FutureFuel (NYSE:FF) CEO Buys $48,000.00 in Stock

FutureFuel Corp. (NYSE:FF) CEO Roeland Polet bought 15,000 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were purchased at an average cost of $3.20 per share, with a total value of $48,000.00. Following the transaction, the chief executive officer owned 25,000 shares in the company, valued at approximately $80,000. The trade was a 150.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

FutureFuel Stock Performance

Shares of NYSE:FF opened at $3.27 on Thursday. The stock’s 50-day moving average is $3.79 and its 200-day moving average is $3.91. The company has a market cap of $143.24 million, a P/E ratio of -5.36 and a beta of 0.64. FutureFuel Corp. has a 52-week low of $3.09 and a 52-week high of $5.78.

FutureFuel (NYSE:FF) last announced its earnings results on Monday, November 10th. The energy company reported ($0.21) earnings per share for the quarter. The business had revenue of $22.69 million for the quarter. FutureFuel had a negative net margin of 15.95% and a negative return on equity of 13.47%.

Hedge Funds Weigh In On FutureFuel

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its holdings in FutureFuel by 226.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock valued at $35,000 after acquiring an additional 6,266 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of FutureFuel by 740.5% during the second quarter. Nisa Investment Advisors LLC now owns 9,800 shares of the energy company’s stock valued at $38,000 after purchasing an additional 8,634 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of FutureFuel by 527.1% in the second quarter. PNC Financial Services Group Inc. now owns 9,990 shares of the energy company’s stock valued at $39,000 after purchasing an additional 8,397 shares in the last quarter. Brooklyn Investment Group raised its stake in shares of FutureFuel by 4,087.0% in the third quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock valued at $50,000 after purchasing an additional 12,547 shares in the last quarter. Finally, Centiva Capital LP bought a new position in FutureFuel in the third quarter worth $50,000. 44.56% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of FutureFuel in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

FutureFuel Company Profile

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.