FutureFuel (NYSE:FF) Stock: Insider Donald Bedell Buys 40,000 Shares

FutureFuel Corp. (NYSE:FF) Director Donald Bedell acquired 40,000 shares of the business’s stock in a transaction dated Thursday, November 12th. The stock was purchased at an average cost of $2.83 per share, for a total transaction of $113,200.00. Following the transaction, the director owned 50,000 shares in the company, valued at approximately $141,500. The trade was a 400.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

FutureFuel Stock Up 3.5%

Shares of NYSE FF traded up $0.10 during trading hours on Friday, hitting $2.93. 1,008,866 shares of the stock were exchanged, compared to its average volume of 1,035,634. The company has a market cap of $128.42 million, a PE ratio of -4.31 and a beta of 0.82. The firm has a fifty day moving average price of $5.20 and a 200-day moving average price of $4.62. FutureFuel Corp. has a 12 month low of $2.62 and a 12 month high of $6.99.

FutureFuel (NYSE:FF) last posted its earnings results 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 Announces Dividend

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

Institutional Trading of FutureFuel

Several large investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in FutureFuel during the 2nd quarter valued at approximately $8,653,000. Kestra Advisory Services LLC purchased a new position in shares of FutureFuel in the third quarter worth $1,567,000. Empowered Funds LLC purchased a new position in shares of FutureFuel in the second quarter worth $1,384,000. Bank of New York Mellon Corp purchased a new position in shares of FutureFuel in the second quarter worth $1,214,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of FutureFuel during the second quarter worth $1,029,000. Hedge funds and other institutional investors own 44.56% of the company’s stock.

Wall Street Analyst Weigh In

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