Jeffrey E. Eberwein Purchases 730 Shares of Hudson Global, Inc. (NASDAQ:HSON) Stock

Hudson Global, Inc. (NASDAQ:HSON – Get Rating) CEO Jeffrey E. Eberwein acquired 730 shares of the company’s stock in a transaction dated Monday, January 9th. The shares were bought at an average cost of $25.18 per share, with a total value of $18,381.40. Following the purchase, the chief executive officer now owns 258,396 shares of the company’s stock, valued at approximately $6,506,411.28. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Hudson Global Stock Up 1.5 %

Shares of HSON stock opened at $26.02 on Friday. The stock has a fifty day moving average of $24.92 and a 200 day moving average of $30.11. Hudson Global, Inc. has a 52 week low of $20.51 and a 52 week high of $44.00. The firm has a market capitalization of $72.62 million, a price-to-earnings ratio of 8.91, a PEG ratio of 0.38 and a beta of 0.49.

Hudson Global (NASDAQ:HSON – Get Rating) last announced its quarterly earnings results on Thursday, November 10th. The business services provider reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.13). The business had revenue of $48.69 million during the quarter, compared to analysts’ expectations of $50.50 million. Hudson Global had a return on equity of 29.62% and a net margin of 4.53%. Equities research analysts anticipate that Hudson Global, Inc. will post 3.13 earnings per share for the current year.

Hedge Funds Weigh In On Hudson Global

A number of institutional investors have recently added to or reduced their stakes in HSON. NewEdge Advisors LLC bought a new position in Hudson Global in the second quarter worth $641,000. Millennium Management LLC bought a new position in shares of Hudson Global during the second quarter valued at $539,000. Dimensional Fund Advisors LP increased its holdings in shares of Hudson Global by 11.9% during the first quarter. Dimensional Fund Advisors LP now owns 74,685 shares of the business services provider’s stock valued at $3,037,000 after acquiring an additional 7,916 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Hudson Global by 7.2% during the third quarter. Vanguard Group Inc. now owns 95,159 shares of the business services provider’s stock valued at $3,200,000 after acquiring an additional 6,400 shares in the last quarter. Finally, Essex Investment Management Co. LLC increased its holdings in shares of Hudson Global by 26.2% during the second quarter. Essex Investment Management Co. LLC now owns 27,092 shares of the business services provider’s stock valued at $851,000 after acquiring an additional 5,617 shares in the last quarter. Institutional investors own 60.64% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HSON shares. EF Hutton Acquisition Co. I assumed coverage on Hudson Global in a research note on Monday, November 28th. They set a “buy” rating and a $42.50 price objective for the company. StockNews.com lowered Hudson Global from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 14th.

About Hudson Global

(Get Rating)

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as complete recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.