Hudson Technologies, Inc. (NASDAQ:HDSN) Shares Bought by EntryPoint Capital LLC

EntryPoint Capital LLC grew its stake in shares of Hudson Technologies, Inc. (NASDAQ:HDSN) by 67.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 54,531 shares of the industrial products company’s stock after buying an additional 21,940 shares during the period. EntryPoint Capital LLC owned 0.12% of Hudson Technologies worth $304,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in HDSN. Geode Capital Management LLC raised its holdings in shares of Hudson Technologies by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 990,856 shares of the industrial products company’s stock worth $8,265,000 after purchasing an additional 10,707 shares during the period. American Century Companies Inc. lifted its position in Hudson Technologies by 13.0% during the fourth quarter. American Century Companies Inc. now owns 790,472 shares of the industrial products company’s stock valued at $4,411,000 after buying an additional 90,921 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in Hudson Technologies by 5.8% during the third quarter. Public Employees Retirement System of Ohio now owns 367,640 shares of the industrial products company’s stock worth $3,066,000 after buying an additional 20,000 shares during the period. JPMorgan Chase & Co. increased its position in shares of Hudson Technologies by 69.7% in the third quarter. JPMorgan Chase & Co. now owns 338,607 shares of the industrial products company’s stock worth $2,824,000 after acquiring an additional 139,042 shares in the last quarter. Finally, Wedge Capital Management L L P NC purchased a new position in shares of Hudson Technologies in the 4th quarter valued at $1,612,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reduced their price target on Hudson Technologies from $8.00 to $6.25 and set a “hold” rating for the company in a report on Monday, March 10th. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Hudson Technologies has an average rating of “Hold” and an average target price of $7.50.

Hudson Technologies Stock Performance

NASDAQ:HDSN opened at $6.34 on Friday. The company has a market capitalization of $279.12 million, a price-to-earnings ratio of 9.75, a price-to-earnings-growth ratio of 0.49 and a beta of 1.12. Hudson Technologies, Inc. has a one year low of $5.17 and a one year high of $11.49. The stock has a 50-day simple moving average of $5.86 and a 200 day simple moving average of $6.43.

Hudson Technologies Company Profile

Hudson Technologies, Inc, through its subsidiary, Hudson Technologies Company, engages in the provision of solutions to recurring problems within the refrigeration industry in the United States. The company engages in the sale of refrigerant and industrial gas; provision of refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination and recovery to remove moisture, oils, and other contaminants.