Hudson Technologies, Inc. (NASDAQ:HDSN – Get Free Report) major shareholder Hartree Partners, Lp acquired 5,317 shares of Hudson Technologies stock in a transaction dated Wednesday, September 2nd. The shares were bought at an average price of $5.10 per share, for a total transaction of $27,116.70. Following the transaction, the insider owned 5,205,317 shares of the company’s stock, valued at approximately $26,547,116.70. The trade was a 0.10% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% 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, August 25th, Hartree Partners, Lp bought 91,166 shares of Hudson Technologies stock. The shares were purchased at an average price of $5.50 per share, with a total value of $501,413.00.
- On Monday, August 24th, Hartree Partners, Lp purchased 9,446 shares of Hudson Technologies stock. The stock was acquired at an average cost 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 bought at an average price of $5.50 per share, with a total value of $28,589.00.
- On Wednesday, July 29th, Hartree Partners, Lp purchased 52,104 shares of Hudson Technologies stock. The shares were bought at an average price of $5.99 per share, for a total transaction of $312,102.96.
- On Tuesday, July 21st, Hartree Partners, Lp purchased 47,708 shares of Hudson Technologies stock. The stock was bought 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 shares were purchased at an average cost of $5.99 per share, with a total value of $106,873.58.
- On Tuesday, July 7th, Hartree Partners, Lp acquired 600 shares of Hudson Technologies stock. The shares were purchased at an average cost of $5.99 per share, with a total value of $3,594.00.
- On Monday, July 6th, Hartree Partners, Lp acquired 4,634 shares of Hudson Technologies stock. The shares were purchased 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 stock was purchased at an average cost of $5.97 per share, for a total transaction of $1,619,672.94.
- On Wednesday, July 1st, Hartree Partners, Lp bought 288,111 shares of Hudson Technologies stock. The stock was purchased at an average price of $5.88 per share, with a total value of $1,694,092.68.
Hudson Technologies Trading Up 1.9%
Shares of HDSN stock traded up $0.10 during trading hours on Friday, reaching $5.35. 295,769 shares of the stock were exchanged, compared to its average volume of 441,213. The firm has a market capitalization of $225.18 million, a price-to-earnings ratio of 26.75 and a beta of 0.77. Hudson Technologies, Inc. has a 12-month low of $4.64 and a 12-month high of $10.52. The company’s 50-day moving average price is $5.87 and its 200-day moving average price is $5.92.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports 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. Wall Street Zen downgraded Hudson Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Finally, Canaccord Genuity Group lowered their target price on shares of Hudson Technologies from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Hudson Technologies has an average rating of “Hold” and an average target price of $8.62.
Read Our Latest Analysis on HDSN
Institutional Trading of Hudson Technologies
A number of large investors have recently modified their holdings of HDSN. JB Capital Partners LP bought a new stake in Hudson Technologies during the 2nd quarter valued at $1,757,588. Segall Bryant & Hamill LLC grew its position in shares of Hudson Technologies by 248.4% during the 1st quarter. Segall Bryant & Hamill LLC now owns 628,341 shares of the industrial products company’s stock worth $3,695,000 after buying an additional 447,987 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Hudson Technologies by 53,751.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 269,256 shares of the industrial products company’s stock worth $1,844,000 after buying an additional 268,756 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Hudson Technologies during the second quarter valued at $16,303,000. Finally, Ancora Advisors LLC purchased a new position in shares of Hudson Technologies during the second quarter valued at $1,741,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Hudson Technologies Company Profile
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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