Richard P. Rowe Purchases 15,000 Shares of FutureFuel Corp. (NYSE:FF) Stock

FutureFuel Corp. (NYSE:FF) Director Richard P. Rowe acquired 15,000 shares of the company’s stock in a transaction on Thursday, April 3rd. The shares were purchased at an average cost of $3.95 per share, with a total value of $59,250.00. Following the completion of the acquisition, the director now directly owns 20,000 shares in the company, valued at approximately $79,000. The trade was a 300.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

FutureFuel Price Performance

Shares of NYSE:FF opened at $3.86 on Friday. The company has a 50 day moving average of $4.60 and a 200-day moving average of $5.20. FutureFuel Corp. has a one year low of $3.78 and a one year high of $8.32. The stock has a market cap of $168.71 million, a price-to-earnings ratio of 4.70 and a beta of 0.56.

FutureFuel (NYSE:FF) last released its earnings results on Friday, March 28th. The energy company reported $0.06 EPS for the quarter. The firm had revenue of $61.51 million during the quarter. FutureFuel had a net margin of 13.18% and a return on equity of 15.32%.

Hedge Funds Weigh In On FutureFuel

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quarry LP acquired a new stake in FutureFuel in the third quarter worth $47,000. Price T Rowe Associates Inc. MD bought a new position in FutureFuel during the fourth quarter worth about $54,000. Intech Investment Management LLC bought a new stake in shares of FutureFuel in the fourth quarter worth about $63,000. SG Americas Securities LLC raised its position in shares of FutureFuel by 28.8% during the fourth quarter. SG Americas Securities LLC now owns 12,990 shares of the energy company’s stock worth $69,000 after purchasing an additional 2,904 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new stake in FutureFuel during the 3rd quarter worth approximately $69,000. Institutional investors own 44.56% of the company’s stock.

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.