Martingale Asset Management L P Lowers Position in FutureFuel Corp. (NYSE:FF)

Martingale Asset Management L P trimmed its holdings in shares of FutureFuel Corp. (NYSE:FF) by 33.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 32,653 shares of the energy company’s stock after selling 16,700 shares during the period. Martingale Asset Management L P owned approximately 0.07% of FutureFuel worth $188,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. nVerses Capital LLC purchased a new position in shares of FutureFuel during the second quarter valued at approximately $26,000. SG Americas Securities LLC purchased a new position in shares of FutureFuel during the third quarter valued at approximately $58,000. Pallas Capital Advisors LLC bought a new stake in shares of FutureFuel during the second quarter valued at approximately $63,000. The Manufacturers Life Insurance Company bought a new stake in shares of FutureFuel during the third quarter valued at approximately $69,000. Finally, CWM LLC increased its position in shares of FutureFuel by 292.1% during the second quarter. CWM LLC now owns 16,980 shares of the energy company’s stock valued at $87,000 after acquiring an additional 12,649 shares in the last quarter. 44.56% of the stock is currently owned by hedge funds and other institutional investors.

FutureFuel Stock Down 0.7 %

Shares of FF opened at $5.15 on Thursday. The company has a market capitalization of $225.16 million, a P/E ratio of 6.38 and a beta of 0.58. The firm has a 50 day moving average of $5.72 and a 200 day moving average of $5.42. FutureFuel Corp. has a twelve month low of $4.15 and a twelve month high of $8.36.

Insiders Place Their Bets

In related news, CEO Roeland Polet bought 10,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The stock was acquired at an average price of $5.11 per share, with a total value of $51,100.00. Following the transaction, the chief executive officer now owns 10,000 shares in the company, valued at approximately $51,100. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 41.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of FutureFuel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

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.