Hudson Technologies, Inc. (NASDAQ:HDSN) Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its stake in shares of Hudson Technologies, Inc. (NASDAQ:HDSN) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 110,727 shares of the industrial products company’s stock after buying an additional 3,990 shares during the quarter. Russell Investments Group Ltd. owned about 0.24% of Hudson Technologies worth $618,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. FMR LLC boosted its stake in shares of Hudson Technologies by 299.8% during the third quarter. FMR LLC now owns 4,670 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 3,502 shares during the last quarter. RPO LLC purchased a new position in Hudson Technologies in the 4th quarter valued at about $62,000. DORCHESTER WEALTH MANAGEMENT Co acquired a new stake in shares of Hudson Technologies during the 4th quarter worth about $72,000. Ieq Capital LLC purchased a new stake in shares of Hudson Technologies during the fourth quarter worth about $91,000. Finally, Aigen Investment Management LP raised its position in shares of Hudson Technologies by 13.6% in the fourth quarter. Aigen Investment Management LP now owns 18,052 shares of the industrial products company’s stock valued at $101,000 after buying an additional 2,167 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Hudson Technologies Price Performance

NASDAQ HDSN opened at $5.28 on Wednesday. The company has a market cap of $232.45 million, a P/E ratio of 8.12, a P/E/G ratio of 0.49 and a beta of 1.03. Hudson Technologies, Inc. has a 12 month low of $5.11 and a 12 month high of $10.84. The company has a 50-day moving average of $5.80 and a 200-day moving average of $6.09.

Wall Street Analysts Forecast Growth

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