Cornercap Investment Counsel Inc. Acquires Shares of 30,409 Hudson Technologies, Inc. (NASDAQ:HDSN)

Cornercap Investment Counsel Inc. bought a new position in shares of Hudson Technologies, Inc. (NASDAQ:HDSN) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 30,409 shares of the industrial products company’s stock, valued at approximately $170,000. Cornercap Investment Counsel Inc. owned approximately 0.07% of Hudson Technologies as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. FMR LLC raised its holdings in Hudson Technologies by 299.8% in the 3rd quarter. FMR LLC now owns 4,670 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 3,502 shares during the period. Quarry LP increased its position in shares of Hudson Technologies by 901.1% in the third quarter. Quarry LP now owns 4,675 shares of the industrial products company’s stock valued at $39,000 after buying an additional 4,208 shares in the last quarter. DORCHESTER WEALTH MANAGEMENT Co acquired a new position in shares of Hudson Technologies during the 4th quarter worth approximately $72,000. Intech Investment Management LLC purchased a new position in shares of Hudson Technologies during the 3rd quarter valued at approximately $88,000. Finally, Ieq Capital LLC acquired a new stake in Hudson Technologies in the 4th quarter valued at $91,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Hudson Technologies Stock Performance

NASDAQ HDSN opened at $6.18 on Monday. The business has a fifty day moving average price of $5.87 and a 200 day moving average price of $6.40. The company has a market cap of $272.07 million, a P/E ratio of 9.51, a P/E/G 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.

Analysts Set New Price Targets

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

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.