Hudson Technologies, Inc. (NASDAQ:HDSN – Get Free Report) major shareholder Hartree Partners, Lp acquired 58,710 shares of Hudson Technologies stock in a transaction on Friday, October 30th. The stock was acquired at an average price of $4.25 per share, with a total value of $249,517.50. Following the purchase, the insider directly owned 5,607,227 shares in the company, valued at approximately $23,830,714.75. This trade represents a 1.06% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Hartree Partners, Lp also recently made the following trade(s):
- On Monday, November 2nd, Hartree Partners, Lp bought 41,290 shares of Hudson Technologies stock. The shares were acquired at an average cost of $4.25 per share, with a total value of $175,482.50.
- On Thursday, October 29th, Hartree Partners, Lp bought 200,000 shares of Hudson Technologies stock. The shares were acquired at an average price of $4.44 per share, for a total transaction of $888,000.00.
- On Thursday, September 24th, Hartree Partners, Lp bought 118,549 shares of Hudson Technologies stock. The shares were acquired at an average price of $5.10 per share, for a total transaction of $604,599.90.
- On Wednesday, September 23rd, Hartree Partners, Lp purchased 11,013 shares of Hudson Technologies stock. The stock was bought at an average cost of $5.10 per share, for a total transaction of $56,166.30.
- On Monday, September 21st, Hartree Partners, Lp purchased 2,502 shares of Hudson Technologies stock. The shares were bought at an average price of $5.10 per share, with a total value of $12,760.20.
- On Wednesday, September 16th, Hartree Partners, Lp acquired 11,136 shares of Hudson Technologies stock. The shares were bought at an average price of $5.10 per share, with a total value of $56,793.60.
- On Wednesday, September 2nd, Hartree Partners, Lp acquired 5,317 shares of Hudson Technologies stock. The stock was bought at an average cost of $5.10 per share, for a total transaction of $27,116.70.
- On Tuesday, August 25th, Hartree Partners, Lp acquired 91,166 shares of Hudson Technologies stock. The stock was bought at an average cost of $5.50 per share, for a total transaction of $501,413.00.
- On Monday, August 24th, Hartree Partners, Lp bought 9,446 shares of Hudson Technologies stock. The stock was bought at an average price of $5.50 per share, for a total transaction of $51,953.00.
- On Wednesday, August 12th, Hartree Partners, Lp bought 5,198 shares of Hudson Technologies stock. The shares were bought at an average cost of $5.50 per share, with a total value of $28,589.00.
Hudson Technologies Trading Down 1.9%
Shares of HDSN stock traded down $0.08 during trading hours on Monday, hitting $4.23. 709,287 shares of the company were exchanged, compared to its average volume of 454,136. The firm has a fifty day simple moving average of $5.22 and a 200 day simple moving average of $5.93. Hudson Technologies, Inc. has a 52-week low of $4.10 and a 52-week high of $9.10. The stock has a market capitalization of $178.04 million, a price-to-earnings ratio of -211.50 and a beta of 0.89.
Hudson Technologies (NASDAQ:HDSN – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The industrial products company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.07). Hudson Technologies had a positive return on equity of 0.80% and a negative net margin of 0.54%. The company had revenue of $59.42 million during the quarter, compared to the consensus estimate of $77.96 million. Sell-side analysts anticipate that Hudson Technologies, Inc. will post 0.11 EPS for the current year.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on HDSN. B. Riley Financial dropped their price target on Hudson Technologies from $7.25 to $6.00 and set a “buy” rating on the stock in a research report on Thursday. Canaccord Genuity Group decreased their price objective on Hudson Technologies from $8.00 to $7.00 and set a “buy” rating for the company in a report on Thursday. Weiss Ratings cut Hudson Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Finally, Zacks Research lowered shares of Hudson Technologies from a “hold” rating to a “strong sell” rating in a research report on Thursday. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $7.50.
Check Out Our Latest Analysis on HDSN
Hedge Funds Weigh In On Hudson Technologies
Hedge funds have recently bought and sold shares of the company. State of Wyoming bought a new stake in Hudson Technologies during the 2nd quarter worth approximately $78,000. Sequoia Financial Advisors LLC purchased a new stake in Hudson Technologies in the 1st quarter worth approximately $82,000. EP Wealth Advisors LLC purchased a new stake in Hudson Technologies in the 2nd quarter worth approximately $97,000. Empirical Asset Management LLC bought a new position in Hudson Technologies in the 2nd quarter valued at $98,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Hudson Technologies in the 2nd quarter valued at $106,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Hudson Technologies Company Profile
Hudson Technologies, Inc (NASDAQ:HDSN) provides refrigerant products and services for the heating, ventilation, air conditioning and refrigeration (HVACR) industry. The company supplies reclaimed and recycled refrigerants, as well as virgin refrigerants and related products, to customers that operate or service commercial, industrial and residential cooling systems.
Its services include refrigerant reclamation, refrigerant management, cylinder management, technical support and logistics.
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