XTX Topco Ltd Boosts Stake in Hudson Technologies, Inc. (NASDAQ:HDSN)

XTX Topco Ltd boosted its holdings in Hudson Technologies, Inc. (NASDAQ:HDSN - Free Report) by 148.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,229 shares of the industrial products company's stock after buying an additional 61,651 shares during the quarter. XTX Topco Ltd owned approximately 0.23% of Hudson Technologies worth $576,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of Hudson Technologies by 152.0% during the fourth quarter. JPMorgan Chase & Co. now owns 853,252 shares of the industrial products company's stock worth $4,761,000 after purchasing an additional 514,645 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in Hudson Technologies during the 4th quarter valued at approximately $1,733,000. Wedge Capital Management L L P NC acquired a new position in shares of Hudson Technologies in the 4th quarter valued at about $1,612,000. Renaissance Technologies LLC boosted its stake in Hudson Technologies by 19.6% during the fourth quarter. Renaissance Technologies LLC now owns 1,502,150 shares of the industrial products company's stock worth $8,382,000 after acquiring an additional 246,000 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Hudson Technologies by 13.0% during the fourth quarter. American Century Companies Inc. now owns 790,472 shares of the industrial products company's stock valued at $4,411,000 after acquiring an additional 90,921 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Hudson Technologies Trading Up 7.9 %

Shares of NASDAQ HDSN traded up $0.46 during midday trading on Friday, hitting $6.21. The company's stock had a trading volume of 454,107 shares, compared to its average volume of 503,516. Hudson Technologies, Inc. has a one year low of $5.11 and a one year high of $10.69. The stock has a fifty day moving average price of $5.79 and a 200 day moving average price of $6.08. The firm has a market capitalization of $273.18 million, a price-to-earnings ratio of 9.58, a P/E/G ratio of 0.49 and a beta of 1.03.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reduced their price objective on shares of Hudson Technologies from $8.00 to $6.25 and set a "hold" rating for the company in a research report on Monday, March 10th. Six research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $7.50.

Hudson Technologies 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.