Hudson Technologies Inc. (NASDAQ:HDSN) shares were up 2.1% during trading on Tuesday . The stock traded as high as $6.00 and last traded at $5.93, with a volume of 123,447 shares. The stock had previously closed at $5.81.

Several research analysts have recently commented on HDSN shares. Roth Capital reiterated a “buy” rating and issued a $7.50 target price on shares of Hudson Technologies in a research report on Thursday, August 25th. B. Riley reiterated a “buy” rating and issued a $7.50 target price on shares of Hudson Technologies in a research report on Saturday, August 6th. Zacks Investment Research upgraded Hudson Technologies from a “hold” rating to a “buy” rating and set a $3.75 target price for the company in a research report on Friday, July 1st. Finally, TheStreet upgraded Hudson Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, May 31st.

The stock’s 50-day moving average price is $5.70 and its 200-day moving average price is $4.12. The company has a market capitalization of $214.44 million, a price-to-earnings ratio of 27.74 and a beta of 1.34.

Hudson Technologies (NASDAQ:HDSN) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.03. Hudson Technologies had a return on equity of 14.90% and a net margin of 8.54%. The business earned $34.60 million during the quarter, compared to analysts’ expectations of $34.24 million. Equities research analysts forecast that Hudson Technologies Inc. will post $0.29 earnings per share for the current fiscal year.

In related news, CFO Nat Krishnamurti sold 5,218 shares of the business’s stock in a transaction dated Tuesday, September 6th. The stock was sold at an average price of $6.07, for a total transaction of $31,673.26. Following the completion of the transaction, the chief financial officer now owns 14,000 shares of the company’s stock, valued at approximately $84,980. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Stephen P. Mandracchia sold 271,742 shares of the business’s stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $4.90, for a total value of $1,331,535.80. The disclosure for this sale can be found here. Corporate insiders own 24.40% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. United Services Automobile Association boosted its position in Hudson Technologies by 255.7% in the second quarter. United Services Automobile Association now owns 93,894 shares of the company’s stock valued at $338,000 after buying an additional 67,500 shares in the last quarter. BlackRock Fund Advisors boosted its position in Hudson Technologies by 12.8% in the second quarter. BlackRock Fund Advisors now owns 72,995 shares of the company’s stock valued at $263,000 after buying an additional 8,265 shares during the period. Vanguard Group Inc. boosted its position in Hudson Technologies by 0.7% in the second quarter. Vanguard Group Inc. now owns 751,974 shares of the company’s stock valued at $2,707,000 after buying an additional 5,133 shares during the period. Dimensional Fund Advisors LP boosted its position in Hudson Technologies by 6.8% in the second quarter. Dimensional Fund Advisors LP now owns 475,698 shares of the company’s stock valued at $1,713,000 after buying an additional 30,082 shares during the period. Finally, Thompson Davis & CO. Inc. boosted its position in Hudson Technologies by 6.0% in the second quarter. Thompson Davis & CO. Inc. now owns 35,500 shares of the company’s stock valued at $128,000 after buying an additional 2,000 shares during the period. 61.39% of the stock is owned by institutional investors and hedge funds.

About Hudson Technologies

Hudson Technologies, Inc is a refrigerant services company. The Company provides solutions to recurring problems within the refrigeration industry. Its products and services include refrigerant and industrial gas sales; refrigerant management services, which consist of reclamation of refrigerants, and RefrigerantSide services, which consist of system decontamination.

5 Day Chart for NASDAQ:HDSN

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