FF - Insider Confidence On Display: Ronald J Kruszewski Acquires $457K In FutureFuel Stock | Benzinga
Disclosed in the latest SEC filing, a significant insider purchase on June 13, involves Ronald J Kruszewski, Director at FutureFuel (NYSE:FF).
What Happened: Kruszewski made a significant move by purchasing 100,000 shares of FutureFuel as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $457,912.
In the Friday's morning session, FutureFuel's shares are currently trading at $4.7, experiencing a up of 1.95%.
Unveiling the Story Behind FutureFuel
FutureFuel Corp makes and sells diversified chemical products, bio-based fuel products, and specialty chemical products. The company is organized into two segments based on product type: biofuels and chemicals. The biofuel segment sells biodiesel and other petroleum products. Its fuels are made from a mix of diesel, vegetable oils, and grease feedstock. The chemicals segment sells products that are used in the production of agricultural chemicals, which include herbicides, coatings, and cleaning products, such as detergents.
Financial Insights: FutureFuel
Decline in Revenue: Over the 3 months period, FutureFuel faced challenges, resulting in a decline of approximately -21.43% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, ...