Denali Advisors LLC Has $433,000 Stock Position in FutureFuel Corp. (NYSE:FF)

Denali Advisors LLC increased its holdings in FutureFuel Corp. (NYSE:FF) by 78.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,800 shares of the energy company’s stock after acquiring an additional 23,700 shares during the period. Denali Advisors LLC owned about 0.12% of FutureFuel worth $433,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its holdings in shares of FutureFuel by 821.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company’s stock worth $37,000 after acquiring an additional 5,375 shares in the last quarter. Laurion Capital Management LP purchased a new stake in shares of FutureFuel during the 3rd quarter worth about $74,000. AXQ Capital LP acquired a new stake in shares of FutureFuel during the 3rd quarter valued at about $89,000. SG Americas Securities LLC grew its stake in shares of FutureFuel by 21.2% in the 4th quarter. SG Americas Securities LLC now owns 15,379 shares of the energy company’s stock valued at $94,000 after buying an additional 2,688 shares in the last quarter. Finally, Aigen Investment Management LP bought a new stake in shares of FutureFuel in the 4th quarter valued at approximately $173,000. 44.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FF has been the topic of several recent research reports. StockNews.com lowered shares of FutureFuel from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. HC Wainwright raised their price target on shares of FutureFuel from $0.70 to $0.80 and gave the company a “buy” rating in a report on Tuesday, May 14th.

Insider Transactions at FutureFuel

In other news, Director Ronald J. Kruszewski bought 8,544 shares of the stock in a transaction that occurred on Tuesday, June 11th. The shares were acquired at an average cost of $4.50 per share, for a total transaction of $38,448.00. Following the purchase, the director now owns 8,544 shares of the company’s stock, valued at approximately $38,448. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other FutureFuel news, Director Ronald J. Kruszewski bought 8,544 shares of the firm’s stock in a transaction that occurred on Tuesday, June 11th. The stock was purchased at an average price of $4.50 per share, for a total transaction of $38,448.00. Following the purchase, the director now directly owns 8,544 shares in the company, valued at $38,448. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ronald J. Kruszewski bought 50,358 shares of the stock in a transaction on Thursday, June 13th. The stock was acquired at an average cost of $4.60 per share, for a total transaction of $231,646.80. Following the acquisition, the director now directly owns 100,000 shares in the company, valued at $460,000. The disclosure for this purchase can be found here. Over the last three months, insiders bought 95,302 shares of company stock worth $429,149. 40.90% of the stock is owned by insiders.

FutureFuel Price Performance

Shares of NYSE:FF opened at $5.02 on Thursday. The stock has a market capitalization of $219.46 million, a P/E ratio of 10.90 and a beta of 0.63. The business has a 50-day moving average of $4.90 and a two-hundred day moving average of $5.78. FutureFuel Corp. has a fifty-two week low of $4.15 and a fifty-two week high of $10.31.

FutureFuel (NYSE:FF) last posted its earnings results on Friday, May 10th. The energy company reported $0.10 earnings per share for the quarter. The firm had revenue of $58.28 million during the quarter. FutureFuel had a return on equity of 7.46% and a net margin of 5.86%.

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.