Insider Buying: FutureFuel Corp. (NYSE:FF) Director Buys 6,000 Shares of Stock

FutureFuel Corp. (NYSE:FF) Director Paul Manheim bought 6,000 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was purchased at an average cost of $6.10 per share, with a total value of $36,600.00. Following the completion of the acquisition, the director now directly owns 19,103 shares of the company’s stock, valued at approximately $116,528.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

FutureFuel Stock Up 0.7 %

Shares of NYSE FF opened at $6.16 on Friday. The firm’s 50-day moving average price is $5.14 and its 200-day moving average price is $5.65. FutureFuel Corp. has a 52-week low of $4.15 and a 52-week high of $8.36. The company has a market cap of $269.58 million, a PE ratio of 13.39 and a beta of 0.63.

Institutional Investors Weigh In On FutureFuel

A number of large investors have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC lifted its holdings in shares of FutureFuel by 1.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 333,753 shares of the energy company’s stock valued at $2,687,000 after buying an additional 3,460 shares during the period. nVerses Capital LLC purchased a new stake in FutureFuel during the second quarter valued at $26,000. PNC Financial Services Group Inc. lifted its holdings in FutureFuel by 821.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company’s stock valued at $37,000 after acquiring an additional 5,375 shares during the period. Nisa Investment Advisors LLC boosted its position in FutureFuel by 27.3% in the second quarter. Nisa Investment Advisors LLC now owns 25,238 shares of the energy company’s stock worth $129,000 after purchasing an additional 5,408 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in shares of FutureFuel by 4.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 172,808 shares of the energy company’s stock valued at $1,391,000 after purchasing an additional 8,003 shares during the period. Institutional investors own 44.56% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. HC Wainwright boosted their price objective on shares of FutureFuel from $0.70 to $0.80 and gave the stock a “buy” rating in a report on Tuesday, May 14th. StockNews.com upgraded FutureFuel from a “hold” rating to a “buy” rating in a research note on Monday, August 12th.

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.