Hudson Technologies, Inc. (NASDAQ:HDSN) Shares Sold by Williams Jones Wealth Management LLC.

Williams Jones Wealth Management LLC. lowered its stake in Hudson Technologies, Inc. (NASDAQ:HDSN - Free Report) by 56.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,000 shares of the industrial products company's stock after selling 57,293 shares during the period. Williams Jones Wealth Management LLC. owned about 0.10% of Hudson Technologies worth $246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Renaissance Technologies LLC increased its holdings in shares of Hudson Technologies by 19.6% in the 4th quarter. Renaissance Technologies LLC now owns 1,502,150 shares of the industrial products company's stock valued at $8,382,000 after acquiring an additional 246,000 shares during the last quarter. D. E. Shaw & Co. Inc. increased its holdings in shares of Hudson Technologies by 282.6% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,345,553 shares of the industrial products company's stock valued at $7,508,000 after acquiring an additional 993,833 shares during the last quarter. Westerly Capital Management LLC increased its holdings in shares of Hudson Technologies by 25.6% in the 4th quarter. Westerly Capital Management LLC now owns 1,017,580 shares of the industrial products company's stock valued at $5,678,000 after acquiring an additional 207,580 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Hudson Technologies by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 995,729 shares of the industrial products company's stock valued at $5,558,000 after acquiring an additional 4,873 shares during the last quarter. Finally, 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. Institutional investors and hedge funds own 71.34% of the company's stock.

Wall Street Analyst Weigh In

HDSN has been the topic of a number of recent analyst reports. Canaccord Genuity Group increased their price objective on Hudson Technologies from $6.25 to $6.75 and gave the company a "hold" rating in a report on Thursday, May 8th. Craig Hallum upgraded Hudson Technologies from a "hold" rating to a "buy" rating and set a $8.00 price objective on the stock in a report on Thursday, May 8th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Hudson Technologies has a consensus rating of "Hold" and an average target price of $7.25.

Hudson Technologies Stock Up 0.9%

NASDAQ:HDSN traded up $0.07 during mid-day trading on Tuesday, reaching $7.15. 47,716 shares of the stock were exchanged, compared to its average volume of 512,566. The company has a 50 day simple moving average of $6.36 and a 200-day simple moving average of $5.99. The stock has a market capitalization of $310.67 million, a P/E ratio of 10.98, a P/E/G ratio of 0.49 and a beta of 0.92. Hudson Technologies, Inc. has a 1 year low of $5.11 and a 1 year high of $9.70.

Hudson Technologies (NASDAQ:HDSN - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The industrial products company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.05. The firm had revenue of $55.34 million for the quarter, compared to the consensus estimate of $52.23 million. Hudson Technologies had a return on equity of 12.74% and a net margin of 12.49%. As a group, research analysts predict that Hudson Technologies, Inc. will post 0.55 EPS for the current year.

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.