36,500 Shares in Hudson Technologies, Inc. (NASDAQ:HDSN) Bought by Aristides Capital LLC

Aristides Capital LLC acquired a new stake in shares of Hudson Technologies, Inc. (NASDAQ:HDSN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 36,500 shares of the industrial products company’s stock, valued at approximately $204,000.

A number of other hedge funds have also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its position in Hudson Technologies by 69.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 338,607 shares of the industrial products company’s stock valued at $2,824,000 after acquiring an additional 139,042 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Hudson Technologies during the third quarter valued at approximately $373,000. Barclays PLC boosted its position in shares of Hudson Technologies by 314.0% in the 3rd quarter. Barclays PLC now owns 68,191 shares of the industrial products company’s stock worth $569,000 after purchasing an additional 51,719 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Hudson Technologies by 23.3% in the 3rd quarter. Jane Street Group LLC now owns 79,868 shares of the industrial products company’s stock worth $666,000 after buying an additional 15,099 shares during the last quarter. Finally, Wedge Capital Management L L P NC purchased a new stake in shares of Hudson Technologies in the 4th quarter worth approximately $1,612,000. Institutional investors own 71.34% of the company’s stock.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group dropped their target price on 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 data from MarketBeat, Hudson Technologies presently has a consensus rating of “Hold” and a consensus price target of $7.50.

Hudson Technologies Stock Down 3.5 %

NASDAQ:HDSN opened at $5.45 on Monday. The stock has a market cap of $239.94 million, a price-to-earnings ratio of 8.38, a PEG ratio of 0.49 and a beta of 1.03. The company’s 50 day moving average price is $5.86 and its 200-day moving average price is $6.32. Hudson Technologies, Inc. has a 52 week low of $5.11 and a 52 week high of $11.08.

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.