Hudson Technologies, Inc. (NASDAQ:HDSN) Shares Sold by Boston Partners

Boston Partners reduced its position in Hudson Technologies, Inc. (NASDAQ:HDSN) by 60.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 27,207 shares of the industrial products company’s stock after selling 40,977 shares during the period. Boston Partners owned about 0.06% of Hudson Technologies worth $152,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HDSN. Wedge Capital Management L L P NC purchased a new stake in shares of Hudson Technologies in the fourth quarter valued at $1,612,000. JPMorgan Chase & Co. grew its holdings in Hudson Technologies by 69.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 338,607 shares of the industrial products company’s stock valued at $2,824,000 after buying an additional 139,042 shares during the period. Barclays PLC increased its stake in shares of Hudson Technologies by 314.0% during the 3rd quarter. Barclays PLC now owns 68,191 shares of the industrial products company’s stock valued at $569,000 after acquiring an additional 51,719 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Hudson Technologies during the 3rd quarter worth about $373,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Hudson Technologies in the fourth quarter worth approximately $249,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Hudson Technologies Price Performance

NASDAQ HDSN opened at $6.15 on Monday. The business’s 50-day simple moving average is $5.83 and its 200-day simple moving average is $6.46. The firm has a market capitalization of $270.75 million, a P/E ratio of 9.46, a P/E/G ratio of 0.49 and a beta of 1.12. Hudson Technologies, Inc. has a 1-year low of $5.17 and a 1-year high of $11.92.

Analyst Upgrades and Downgrades

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

About Hudson Technologies

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.