Hudson Technologies, Inc. (NASDAQ:HDSN - Get Free Report) major shareholder Hartree Partners, Lp purchased 41,290 shares of the business's stock in a transaction that occurred on Monday, November 2nd. The stock was bought at an average cost of $4.25 per share, with a total value of $175,482.50. Following the acquisition, the insider owned 5,648,517 shares in the company, valued at $24,006,197.25. This represents a 0.74% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
Hartree Partners, Lp also recently made the following trade(s):
- On Friday, October 30th, Hartree Partners, Lp acquired 58,710 shares of Hudson Technologies stock. The shares were bought at an average cost of $4.25 per share, for a total transaction of $249,517.50.
- On Thursday, October 29th, Hartree Partners, Lp acquired 200,000 shares of Hudson Technologies stock. The shares were bought at an average cost 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 stock was bought at an average price of $5.10 per share, for a total transaction of $604,599.90.
- On Wednesday, September 23rd, Hartree Partners, Lp bought 11,013 shares of Hudson Technologies stock. The shares were bought at an average cost of $5.10 per share, with a total value 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 purchased 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 purchased 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 purchased at an average price of $5.50 per share, for a total transaction of $501,413.00.
- On Monday, August 24th, Hartree Partners, Lp acquired 9,446 shares of Hudson Technologies stock. The shares were purchased at an average price of $5.50 per share, with a total value of $51,953.00.
- On Wednesday, August 12th, Hartree Partners, Lp bought 5,198 shares of Hudson Technologies stock. The stock was purchased at an average price of $5.50 per share, for a total transaction of $28,589.00.
Hudson Technologies Price Performance
Shares of NASDAQ:HDSN opened at $4.23 on Tuesday. Hudson Technologies, Inc. has a 1 year low of $4.10 and a 1 year high of $9.10. The firm has a market capitalization of $178.04 million, a PE ratio of -211.50 and a beta of 0.83. The business's 50 day moving average price is $5.19 and its 200-day moving average price is $5.92.
Hudson Technologies (NASDAQ:HDSN - Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The industrial products company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.07). Hudson Technologies had a negative net margin of 0.54% and a positive return on equity of 0.80%. The firm had revenue of $59.42 million during the quarter, compared to analyst estimates of $77.96 million. As a group, analysts expect that Hudson Technologies, Inc. will post 0.11 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on HDSN shares. Weiss Ratings cut Hudson Technologies from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, August 11th. B. Riley Financial lowered their price objective on Hudson Technologies from $7.25 to $6.00 and set a "buy" rating on the stock in a research note on Thursday. Zacks Research cut Hudson Technologies from a "hold" rating to a "strong sell" rating in a report on Thursday, October 29th. Finally, Canaccord Genuity Group cut their target price on Hudson Technologies from $8.00 to $7.00 and set a "buy" rating for the company in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Hudson Technologies currently has a consensus rating of "Hold" and a consensus target price of $7.50.
Get Our Latest Analysis on Hudson Technologies
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the company. State of Wyoming acquired a new stake in shares of Hudson Technologies in the second quarter valued at $78,000. Sequoia Financial Advisors LLC acquired a new position in Hudson Technologies during the 1st quarter worth $82,000. EP Wealth Advisors LLC acquired a new position in Hudson Technologies during the 2nd quarter worth $97,000. Empirical Asset Management LLC purchased a new stake in Hudson Technologies during the 2nd quarter worth about $98,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Hudson Technologies during the 2nd quarter worth about $106,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.
About Hudson Technologies
(
Get Free Report)
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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