XTX Topco Ltd Purchases 61,651 Shares of Hudson Technologies, Inc. (NASDAQ:HDSN)

XTX Topco Ltd grew its stake in Hudson Technologies, Inc. (NASDAQ:HDSN - Free Report) by 148.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,229 shares of the industrial products company's stock after purchasing 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.

A number of other large investors also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in Hudson Technologies by 152.0% during 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 in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Hudson Technologies in the fourth quarter valued at about $1,733,000. Wedge Capital Management L L P NC bought a new position in shares of Hudson Technologies during the fourth quarter valued at about $1,612,000. Renaissance Technologies LLC boosted its holdings 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 purchasing an additional 246,000 shares during the last quarter. Finally, American Century Companies Inc. grew its position in Hudson Technologies by 13.0% in the 4th quarter. American Century Companies Inc. now owns 790,472 shares of the industrial products company's stock worth $4,411,000 after purchasing an additional 90,921 shares in the last quarter. Institutional investors own 71.34% of the company's stock.

Hudson Technologies Stock Performance

HDSN traded up $0.03 during midday trading on Wednesday, reaching $5.31. The company had a trading volume of 429,930 shares, compared to its average volume of 502,673. The business has a 50-day moving average price of $5.80 and a two-hundred day moving average price of $6.09. Hudson Technologies, Inc. has a 12-month low of $5.11 and a 12-month high of $10.84. The stock has a market cap of $233.77 million, a PE ratio of 8.17, a P/E/G ratio of 0.49 and a beta of 1.03.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group dropped 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 equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price 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.