Hudson Technologies, Inc. (NASDAQ:HDSN – Get Free Report) major shareholder Hartree Partners, Lp purchased 11,013 shares of the stock in a transaction dated Wednesday, September 23rd. The stock was acquired at an average cost of $5.10 per share, for a total transaction of $56,166.30. Following the completion of the transaction, the insider owned 5,229,968 shares of the company’s stock, valued at $26,672,836.80. The trade was a 0.21% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major 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 Monday, September 21st, Hartree Partners, Lp acquired 2,502 shares of Hudson Technologies stock. The shares were acquired at an average cost of $5.10 per share, with a total value of $12,760.20.
- On Wednesday, September 16th, Hartree Partners, Lp bought 11,136 shares of Hudson Technologies stock. The shares were acquired at an average price of $5.10 per share, with a total value of $56,793.60.
- On Wednesday, September 2nd, Hartree Partners, Lp bought 5,317 shares of Hudson Technologies stock. The stock was acquired at an average cost of $5.10 per share, for a total transaction of $27,116.70.
- On Tuesday, August 25th, Hartree Partners, Lp purchased 91,166 shares of Hudson Technologies stock. The stock was acquired at an average cost of $5.50 per share, for a total transaction of $501,413.00.
- On Monday, August 24th, Hartree Partners, Lp purchased 9,446 shares of Hudson Technologies stock. The shares were acquired at an average price of $5.50 per share, with a total value of $51,953.00.
- On Wednesday, August 12th, Hartree Partners, Lp acquired 5,198 shares of Hudson Technologies stock. The stock was acquired at an average cost of $5.50 per share, with a total value of $28,589.00.
- On Wednesday, July 29th, Hartree Partners, Lp acquired 52,104 shares of Hudson Technologies stock. The stock was 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 bought 47,708 shares of Hudson Technologies stock. The shares were bought at an average cost of $5.99 per share, for a total transaction of $285,770.92.
- On Monday, July 20th, Hartree Partners, Lp bought 17,842 shares of Hudson Technologies stock. The shares were bought at an average price of $5.99 per share, with a total value of $106,873.58.
- On Tuesday, July 7th, Hartree Partners, Lp purchased 600 shares of Hudson Technologies stock. The stock was bought at an average cost of $5.99 per share, with a total value of $3,594.00.
Hudson Technologies Price Performance
NASDAQ HDSN opened at $5.23 on Friday. The company’s fifty day moving average is $5.63 and its two-hundred day moving average is $5.73. Hudson Technologies, Inc. has a 52-week low of $4.64 and a 52-week high of $10.06. The firm has a market capitalization of $220.13 million, a price-to-earnings ratio of 26.15 and a beta of 0.77.
Institutional Investors Weigh In On Hudson Technologies
Several large investors have recently modified their holdings of HDSN. Squarepoint Ops LLC lifted its position in shares of Hudson Technologies by 154.5% during the 2nd quarter. Squarepoint Ops LLC now owns 66,220 shares of the industrial products company’s stock worth $380,000 after buying an additional 40,202 shares during the period. Kerrisdale Advisers LLC grew its position in Hudson Technologies by 420.6% in the second quarter. Kerrisdale Advisers LLC now owns 299,976 shares of the industrial products company’s stock valued at $1,722,000 after acquiring an additional 242,354 shares during the period. Ancora Advisors LLC acquired a new position in Hudson Technologies during the second quarter worth $1,741,000. Empowered Funds LLC bought a new position in shares of Hudson Technologies during the second quarter valued at $1,182,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Hudson Technologies in the 2nd quarter valued at $296,000. 71.34% of the stock is currently owned by institutional investors.
Key Hudson Technologies News
Here are the key news stories impacting Hudson Technologies this week:
- Positive Sentiment: Major shareholder continues buying: Hartree Partners purchased 11,013 shares and 2,502 shares at approximately $5.10 each in transactions disclosed this week. The purchases increased Hartree’s holdings to more than 5.2 million shares and reinforce its ongoing accumulation of HDSN. However, the transactions are relatively small compared with its existing position. Hartree Partners Acquires 11,013 Shares Hartree Partners Buys 2,502 Shares
- Positive Sentiment: Potential refrigerant-recycling opportunity: Hudson signed a joint development agreement with Icorium to commercialize patented extractive-distillation technology. The project aims to recover more usable refrigerant from complex mixtures, which could improve reclamation efficiency and potentially support margins if successfully commercialized. Hudson Technologies Signs Icorium Deal
- Neutral Sentiment: Short-interest data shows no measurable short position: Reported short interest was zero shares, implying no current short squeeze setup or significant short-selling overhang. The accompanying description of a “large increase” conflicts with the reported zero-share figure, so the data should be treated cautiously.
- Negative Sentiment: Fundamental and valuation concerns remain: Hudson’s latest quarterly EPS missed estimates despite revenue exceeding forecasts. The stock carries a consensus “Hold” rating, and a prior analyst price-target reduction and downgrade add pressure to the outlook. Analysts expect only modest full-year earnings.
Analysts Set New Price Targets
Several brokerages have recently weighed in on HDSN. Canaccord Genuity Group decreased their price objective on Hudson Technologies from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Weiss Ratings cut Hudson Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $8.62.
View Our Latest Analysis on HDSN
About Hudson Technologies
Hudson Technologies, Inc is an environmental services company focused on refrigerants and related products. The company provides refrigerant reclamation, processing, and resale services, helping customers recover and reuse refrigerants from commercial, industrial, and automotive refrigeration and air-conditioning systems.
Its offerings also include virgin, reclaimed, and specialty refrigerants; refrigerant management and compliance services; and on-site and technical services designed to support the installation, maintenance, and replacement of refrigeration and air-conditioning equipment.
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