An insider at FutureFuel Corp. (NYSE:FF) altered his positioning in the company today through a transaction that resulted in the increasing of his exposure to the company. Director Donald C. Bedell acquired 5,000 shares of common stock at an average price of $14 per share. Following the completion of this transaction, Bedell now has 50,097 shares indirectly invested in the company. Moreover, FutureFuel Corp. (NYSE:FF) is a $621.97 million market cap company that is engaged in the chemical and biofuels business. The Company operates in two segments: chemicals and biofuels. In addition, FutureFuel Chemical Company manufactures diversified chemical products, bio-based products comprised of biofuels, and bio-based specialty chemical products.
In addition, there are multiple hedge funds involved with the company. Chuck Royce‘s Royce & Associates lowered its activity by 3% last quart,r now holding about 1.48 million shares worth approximately $24.5 million; while Billionaire Jim Simons‘ Renaissance Technologies holds 794,000 shares worth about $13.2 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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