Los Angeles Capital Management LLC reduced its stake in Hudson Technologies, Inc. (NASDAQ:HDSN - Free Report) by 60.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,752 shares of the industrial products company's stock after selling 50,688 shares during the period. Los Angeles Capital Management LLC owned 0.07% of Hudson Technologies worth $188,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in Hudson Technologies by 69.7% in the third quarter. JPMorgan Chase & Co. now owns 338,607 shares of the industrial products company's stock valued at $2,824,000 after acquiring an additional 139,042 shares during the period. Sanctuary Advisors LLC acquired a new position in Hudson Technologies in the third quarter valued at approximately $373,000. Barclays PLC boosted its stake in Hudson Technologies by 314.0% in the third quarter. Barclays PLC now owns 68,191 shares of the industrial products company's stock valued at $569,000 after acquiring an additional 51,719 shares during the period. Jane Street Group LLC boosted its position in shares of Hudson Technologies by 23.3% during the third quarter. Jane Street Group LLC now owns 79,868 shares of the industrial products company's stock worth $666,000 after buying an additional 15,099 shares during the period. Finally, Wedge Capital Management L L P NC acquired a new position in shares of Hudson Technologies during the fourth quarter worth approximately $1,612,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.
Hudson Technologies Price Performance
Shares of NASDAQ HDSN traded up $0.19 during midday trading on Friday, hitting $5.80. 1,334,155 shares of the company's stock were exchanged, compared to its average volume of 499,794. The stock's 50 day moving average price is $5.79 and its 200-day moving average price is $6.62. The firm has a market cap of $262.15 million, a P/E ratio of 8.92, a PEG ratio of 0.49 and a beta of 1.12. Hudson Technologies, Inc. has a twelve month low of $5.17 and a twelve month high of $12.22.
About Hudson Technologies
(
Free Report)
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.
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