FutureFuel (NYSE:FF) Director Pamela Butcher Buys 10,000 Shares of Company Stock

FutureFuel Corp. (NYSE:FF) Director Pamela Butcher purchased 10,000 shares of the business’s stock in a transaction on Thursday, November 12th. The stock was purchased at an average cost of $2.82 per share, for a total transaction of $28,200.00. Following the acquisition, the director owned 15,000 shares in the company, valued at approximately $42,300. The trade was a 200.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

FutureFuel Trading Up 3.5%

Shares of FF stock traded up $0.10 during mid-day trading on Friday, reaching $2.93. The stock had a trading volume of 962,960 shares, compared to its average volume of 454,787. The stock’s 50-day moving average price is $5.25 and its two-hundred day moving average price is $4.62. FutureFuel Corp. has a 52-week low of $2.62 and a 52-week high of $6.99. The firm 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 quarterly earnings data on Monday, November 9th. The energy company reported ($0.19) EPS for the quarter. The firm had revenue of $104.67 million for the quarter. FutureFuel had a negative net margin of 12.59% and a negative return on equity of 19.93%.

FutureFuel Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. raised its holdings in FutureFuel by 834.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 147,233 shares of the energy company’s stock worth $752,000 after purchasing an additional 131,484 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of FutureFuel during the 3rd quarter valued at about $1,567,000. Odyssean LLC boosted its stake in shares of FutureFuel by 79.3% during the 2nd quarter. Odyssean LLC now owns 60,816 shares of the energy company’s stock valued at $275,000 after purchasing an additional 26,890 shares in the last quarter. AXQ Capital LP bought a new stake in shares of FutureFuel during the 2nd quarter valued at about $55,000. Finally, Empowered Funds LLC purchased a new position in shares of FutureFuel during the second quarter valued at about $1,384,000. 44.56% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Gabelli assumed coverage on FutureFuel in a report on Tuesday. They issued an “add” rating and a $9.00 price objective for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of FutureFuel in a research report on Wednesday. Finally, Wall Street Zen raised FutureFuel from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, FutureFuel presently has a consensus rating of “Hold” and a consensus 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.