11,136 Shares in Hudson Technologies, Inc. (NASDAQ:HDSN) Bought by Rpo LLC

Rpo LLC purchased a new stake in Hudson Technologies, Inc. (NASDAQ:HDSN) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,136 shares of the industrial products company’s stock, valued at approximately $62,000. Hudson Technologies makes up about 0.1% of Rpo LLC’s holdings, making the stock its 24th largest position.

A number of other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in shares of Hudson Technologies by 152.0% in the 4th quarter. JPMorgan Chase & Co. now owns 853,252 shares of the industrial products company’s stock valued at $4,761,000 after acquiring an additional 514,645 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Hudson Technologies in the fourth quarter valued at approximately $1,733,000. Wedge Capital Management L L P NC acquired a new stake in Hudson Technologies during the fourth quarter worth approximately $1,612,000. American Century Companies Inc. lifted its position in shares of Hudson Technologies by 13.0% during the 4th quarter. American Century Companies Inc. now owns 790,472 shares of the industrial products company’s stock worth $4,411,000 after buying an additional 90,921 shares during the last quarter. Finally, WINTON GROUP Ltd acquired a new position in shares of Hudson Technologies in the 4th quarter valued at $455,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Hudson Technologies Stock Performance

Shares of NASDAQ:HDSN opened at $6.16 on Thursday. Hudson Technologies, Inc. has a one year low of $5.17 and a one year high of $11.49. The company has a 50-day simple moving average of $5.87 and a 200-day simple moving average of $6.37. The stock has a market capitalization of $271.19 million, a price-to-earnings ratio of 9.48, a PEG ratio of 0.49 and a beta of 1.12.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group cut their price target on shares of Hudson Technologies from $8.00 to $6.25 and set a “hold” rating on the stock in a research note on Monday, March 10th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Hudson Technologies currently has a consensus rating of “Hold” and a consensus 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.