Hudson Technologies, Inc. (NASDAQ:HDSN – Get Free Report) major shareholder Hartree Partners, Lp purchased 52,104 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were acquired at an average cost of $5.99 per share, for a total transaction of $312,102.96. Following the purchase, the insider owned 5,094,190 shares of the company’s stock, valued at $30,514,198.10. This represents a 1.03% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Hartree Partners, Lp also recently made the following trade(s):
- On Tuesday, July 21st, Hartree Partners, Lp acquired 47,708 shares of Hudson Technologies stock. The shares were acquired at an average price of $5.99 per share, with a total value of $285,770.92.
- On Monday, July 20th, Hartree Partners, Lp acquired 17,842 shares of Hudson Technologies stock. The stock was acquired at an average cost of $5.99 per share, with a total value of $106,873.58.
- On Tuesday, July 7th, Hartree Partners, Lp bought 600 shares of Hudson Technologies stock. The stock was acquired at an average price of $5.99 per share, for a total transaction of $3,594.00.
- On Monday, July 6th, Hartree Partners, Lp bought 4,634 shares of Hudson Technologies stock. The shares were acquired at an average price of $5.99 per share, for a total transaction of $27,757.66.
- On Thursday, July 2nd, Hartree Partners, Lp bought 271,302 shares of Hudson Technologies stock. The shares were acquired at an average price of $5.97 per share, for a total transaction of $1,619,672.94.
- On Wednesday, July 1st, Hartree Partners, Lp purchased 288,111 shares of Hudson Technologies stock. The stock was acquired at an average cost of $5.88 per share, with a total value of $1,694,092.68.
- On Tuesday, June 30th, Hartree Partners, Lp purchased 204,789 shares of Hudson Technologies stock. The stock was bought at an average price of $5.68 per share, with a total value of $1,163,201.52.
Hudson Technologies Stock Up 4.1%
HDSN traded up $0.24 on Friday, hitting $6.04. The company had a trading volume of 479,226 shares, compared to its average volume of 399,796. The business’s fifty day simple moving average is $5.79 and its 200 day simple moving average is $6.22. Hudson Technologies, Inc. has a 12-month low of $4.64 and a 12-month high of $10.52. The company has a market cap of $254.10 million, a PE ratio of 19.48 and a beta of 0.78.
Wall Street Analysts Forecast Growth
HDSN has been the topic of several recent research reports. Wall Street Zen lowered Hudson Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Canaccord Genuity Group reduced their target price on shares of Hudson Technologies from $9.50 to $9.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Finally, Weiss Ratings upgraded shares of Hudson Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Hudson Technologies presently has an average rating of “Hold” and an average target price of $8.88.
View Our Latest Report on HDSN
Institutional Investors Weigh In On Hudson Technologies
Institutional investors and hedge funds have recently modified their holdings of the business. Quarry LP raised its holdings in Hudson Technologies by 51.9% in the third quarter. Quarry LP now owns 5,281 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 1,805 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Hudson Technologies by 2.2% during the first quarter. First Trust Advisors LP now owns 145,083 shares of the industrial products company’s stock valued at $853,000 after buying an additional 3,105 shares during the last quarter. Graham Capital Management L.P. boosted its holdings in shares of Hudson Technologies by 9.7% in the 4th quarter. Graham Capital Management L.P. now owns 36,985 shares of the industrial products company’s stock valued at $253,000 after buying an additional 3,256 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Hudson Technologies by 88.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,530 shares of the industrial products company’s stock worth $75,000 after buying an additional 3,532 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC grew its position in shares of Hudson Technologies by 7.2% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 52,762 shares of the industrial products company’s stock worth $361,000 after buying an additional 3,544 shares during the last quarter. 71.34% of the stock is owned by institutional investors.
About Hudson Technologies
Hudson Technologies, Inc is a U.S.-based provider of refrigerant management and sustainability solutions, specializing in the recovery, reclamation and recycling of refrigerant gases. The company’s core business centers on collecting used refrigerants—such as CFCs, HCFCs and HFCs—from industrial, commercial and institutional customers, processing them in certified reclamation facilities and returning material that meets industry purity standards.
Headquartered in Purchase, New York, Hudson Technologies operates a network of reclamation centers across the continental United States.
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