FutureFuel (NYSE:FF) CFO Rose Sparks Acquires 10,750 Shares of Company Stock

Key Points

• CFO Rose Sparks bought 10,750 FutureFuel shares at an average price of $2.82, spending $30,315. The purchase increased her holdings by 44.25% to 35,045 shares.
• FutureFuel reported a quarterly loss of $0.19 per share on revenue of $104.67 million, with a negative net margin of 12.59%.
• Analyst opinions are mixed, but MarketBeat reports a consensus Hold rating and an average price target of $9.00.

FutureFuel Corp. (NYSE:FF - Get Free Report) CFO Rose Sparks purchased 10,750 shares of the firm's stock in a transaction on Thursday, November 12th. The shares were acquired at an average cost of $2.82 per share, for a total transaction of $30,315.00. Following the completion of the acquisition, the chief financial officer owned 35,045 shares of the company's stock, valued at approximately $98,826.90. This trade represents a 44.25% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

FutureFuel Price Performance

Shares of NYSE FF traded up $0.10 during mid-day trading on Friday, reaching $2.93. The company's stock had a trading volume of 962,960 shares, compared to its average volume of 454,787. FutureFuel Corp. has a 52 week low of $2.62 and a 52 week high of $6.99. The stock has a fifty day moving average of $5.25 and a two-hundred day moving average of $4.62. 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 - Get Free Report) last issued its earnings results on Monday, November 9th. The energy company reported ($0.19) earnings per share (EPS) for the quarter. FutureFuel had a negative net margin of 12.59% and a negative return on equity of 19.93%. The business had revenue of $104.67 million for the quarter.

FutureFuel Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Shareholders 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 of this dividend is Friday, December 4th. FutureFuel's dividend payout ratio (DPR) is -5.88%.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of FutureFuel in the second quarter valued at $8,653,000. Kestra Advisory Services LLC purchased a new stake in FutureFuel during the third quarter valued at $1,567,000. Empowered Funds LLC purchased a new stake in FutureFuel during the second quarter valued at $1,384,000. Bank of New York Mellon Corp bought a new position in FutureFuel during the second quarter valued at $1,214,000. Finally, GSA Capital Partners LLP bought a new position in FutureFuel during the second quarter valued at $1,029,000. 44.56% of the stock is currently owned by institutional investors.

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.

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