FutureFuel Corp. (NYSE:FF) Shares Sold by Point72 Asia Singapore Pte. Ltd.

Point72 Asia Singapore Pte. Ltd. lessened its stake in FutureFuel Corp. (NYSE:FF) by 10.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,051 shares of the energy company’s stock after selling 2,351 shares during the quarter. Point72 Asia Singapore Pte. Ltd.’s holdings in FutureFuel were worth $103,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. nVerses Capital LLC acquired a new stake in shares of FutureFuel during the 2nd quarter worth approximately $26,000. PNC Financial Services Group Inc. raised its position 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 purchasing an additional 5,375 shares during the period. EntryPoint Capital LLC acquired a new position in shares of FutureFuel in the 1st quarter valued at $83,000. Pallas Capital Advisors LLC purchased a new position in shares of FutureFuel during the 2nd quarter worth $63,000. Finally, CWM LLC increased its position in shares of FutureFuel by 292.1% during the 2nd quarter. CWM LLC now owns 16,980 shares of the energy company’s stock worth $87,000 after purchasing an additional 12,649 shares during the last quarter. Hedge funds and other institutional investors own 44.56% of the company’s stock.

FutureFuel Trading Up 4.9 %

FF stock opened at $6.04 on Friday. The business’s fifty day moving average price is $5.70 and its 200 day moving average price is $5.65. FutureFuel Corp. has a 12-month low of $4.15 and a 12-month high of $8.36. The company has a market capitalization of $264.33 million, a PE ratio of 13.13 and a beta of 0.62.

FutureFuel (NYSE:FF) last issued its quarterly earnings results on Friday, August 9th. The energy company reported $0.22 earnings per share (EPS) for the quarter. FutureFuel had a net margin of 11.80% and a return on equity of 15.62%. The company had revenue of $72.41 million for the quarter.

Insider Buying and Selling at FutureFuel

In other FutureFuel news, Director Paul Manheim purchased 6,000 shares of the stock in a transaction that occurred 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 $116,528.30. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 40.90% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of 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.