Hudson Technologies, Inc. (NASDAQ:HDSN) Shares Bought by 683 Capital Management LLC

683 Capital Management LLC grew its stake in Hudson Technologies, Inc. (NASDAQ:HDSN - Free Report) by 89.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 635,900 shares of the industrial products company's stock after purchasing an additional 300,110 shares during the period. 683 Capital Management LLC owned approximately 1.41% of Hudson Technologies worth $3,548,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of HDSN. Aigen Investment Management LP raised its position in Hudson Technologies by 13.6% in the 4th quarter. Aigen Investment Management LP now owns 18,052 shares of the industrial products company's stock worth $101,000 after purchasing an additional 2,167 shares during the period. Rhumbline Advisers grew its stake in shares of Hudson Technologies by 3.9% during the fourth quarter. Rhumbline Advisers now owns 69,541 shares of the industrial products company's stock valued at $388,000 after buying an additional 2,601 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Hudson Technologies by 4.8% in the fourth quarter. Franklin Resources Inc. now owns 73,104 shares of the industrial products company's stock worth $408,000 after buying an additional 3,335 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Hudson Technologies by 3.7% during the 4th quarter. Russell Investments Group Ltd. now owns 110,727 shares of the industrial products company's stock worth $618,000 after acquiring an additional 3,990 shares during the last quarter. Finally, Quarry LP boosted its holdings in Hudson Technologies by 89.1% during the 4th quarter. Quarry LP now owns 8,840 shares of the industrial products company's stock valued at $49,000 after acquiring an additional 4,165 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Hudson Technologies Trading Up 1.0 %

Shares of HDSN traded up $0.07 during midday trading on Wednesday, reaching $6.78. 296,777 shares of the stock were exchanged, compared to its average volume of 490,577. The company has a market capitalization of $297.94 million, a P/E ratio of 10.42, a PEG ratio of 0.49 and a beta of 0.92. Hudson Technologies, Inc. has a 52 week low of $5.11 and a 52 week high of $10.04. The company's 50 day moving average is $5.90 and its two-hundred day moving average is $5.99.

Analyst Ratings Changes

Separately, Canaccord Genuity Group decreased their target price on Hudson Technologies from $8.00 to $6.25 and set a "hold" rating for the company in a research report on Monday, March 10th. Five analysts have rated the stock with a hold rating, Based on data from MarketBeat, Hudson Technologies has an average rating of "Hold" and a consensus price target of $6.88.

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.