Wealth Enhancement Advisory Services LLC Buys Shares of 21,041 FutureFuel Corp. (NYSE:FF)

Wealth Enhancement Advisory Services LLC purchased a new position in shares of FutureFuel Corp. (NYSE:FF) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,041 shares of the energy company’s stock, valued at approximately $121,000.

Other institutional investors have also recently made changes to their positions in the company. nVerses Capital LLC purchased a new stake in FutureFuel in the second quarter worth about $26,000. SG Americas Securities LLC purchased a new stake in shares of FutureFuel in the 3rd quarter worth approximately $58,000. EntryPoint Capital LLC bought a new position in shares of FutureFuel during the first quarter valued at approximately $83,000. Pallas Capital Advisors LLC purchased a new position in FutureFuel during the second quarter valued at approximately $63,000. Finally, CWM LLC raised its stake in FutureFuel by 292.1% in the second quarter. CWM LLC now owns 16,980 shares of the energy company’s stock worth $87,000 after buying an additional 12,649 shares in the last quarter. Hedge funds and other institutional investors own 44.56% of the company’s stock.

Insider Activity

In other news, Director Paul Manheim purchased 6,000 shares of the business’s stock in a transaction on Thursday, August 15th. The shares were acquired 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 owns 19,103 shares of the company’s stock, valued at $116,528.30. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 41.10% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised FutureFuel from a “buy” rating to a “strong-buy” rating in a research report on Monday.

FutureFuel Price Performance

FF opened at $5.09 on Wednesday. The firm has a market capitalization of $222.53 million, a PE ratio of 6.20 and a beta of 0.61. The business’s 50-day moving average is $5.87 and its two-hundred day moving average is $5.43. FutureFuel Corp. has a 1 year low of $4.15 and a 1 year high of $8.36.

FutureFuel 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.