The stock of Hudson Technologies, Inc. (NASDAQ:HDSN) is a huge mover today! About 1.11 million shares traded hands or 234.96% up from the average. Hudson Technologies, Inc. (NASDAQ:HDSN) has risen 76.40% since April 1, 2016 and is uptrending. It has outperformed by 75.18% the S&P500.
The move comes after 7 months positive chart setup for the $211.65M company. It was reported on Nov, 3 by Barchart.com. We have $13.84 PT which if reached, will make NASDAQ:HDSN worth $237.05 million more.
According to Zacks Investment Research, “Hudson Technologies, Inc. is a leading provider of innovative solutions to recurring problems within the refrigeration industry. Hudson’s proprietary RefrigerantSide Services increase operating efficiency and energy savings, and remove moisture, oils and other contaminants frequently found in the refrigeration circuits of large comfort cooling and process refrigeration systems. Performed at a customer’s site as an integral part of an effective scheduled maintenance program or in response to emergencies, RefrigerantSide Services offer significant savings to customers due to their ability to be completed rapidly and at higher purity levels, and can be utilized while the customer’s system continues to operate. In addition, the Company sells refrigerants and provides traditional reclamation services to the commercial and industrial air conditioning and refrigeration markets.”
Insitutional Activity: The institutional sentiment increased to 1.46 in Q2 2016. Its up 0.06, from 1.4 in 2016Q1. The ratio increased, as 6 funds sold all Hudson Technologies, Inc. shares owned while 7 reduced positions. 8 funds bought stakes while 11 increased positions. They now own 15.51 million shares or 1.69% less from 15.77 million shares in 2016Q1.
Dimensional Fund Advsrs Limited Partnership holds 0% or 475,698 shares in its portfolio. Blackrock Fund Advsr last reported 72,995 shares in the company. Tower Capital Ltd Limited Liability Company (Trc) owns 4,586 shares or 0% of their US portfolio. Blair William Company Il has 126,288 shares for 0% of their US portfolio. California Public Employees Retirement holds 0% or 104,500 shares in its portfolio. Blackrock Institutional Trust Na holds 0% or 29,887 shares in its portfolio. Granahan Inv Management Incorporated Ma holds 0.19% or 1.48M shares in its portfolio. Vanguard Inc last reported 751,974 shares in the company. Financial Bank Of America De last reported 0% of its portfolio in the stock. Vnbtrust Natl Association owns 395,471 shares or 0.83% of their US portfolio. Creative Planning holds 0% of its portfolio in Hudson Technologies, Inc. (NASDAQ:HDSN) for 88,450 shares. Marathon Cap Mngmt accumulated 2.51% or 1.36M shares. Moreover, Founders Capital Management Ltd Liability Corp has 0.06% invested in Hudson Technologies, Inc. (NASDAQ:HDSN) for 30,000 shares. Blackrock Invest Mgmt Lc accumulated 4,711 shares or 0% of the stock. Wasatch Advisors Inc reported 504,906 shares or 0.03% of all its holdings.
Insider Transactions: Since August 5, 2016, the stock had 0 insider buys, and 10 sales for $5.69 million net activity. COLEMAN BRIAN F sold $10,440 worth of stock. Shares for $1.33 million were sold by MANDRACCHIA STEPHEN P on Tuesday, August 9. 5,218 Hudson Technologies, Inc. (NASDAQ:HDSN) shares with value of $31,673 were sold by Krishnamurti Nat. MORCH OTTO C had sold 7,000 shares worth $34,750 on Friday, August 12. $2.91M worth of Hudson Technologies, Inc. (NASDAQ:HDSN) shares were sold by ZUGIBE KEVIN J. Parrillo Richard sold 28,800 shares worth $142,330.
More recent Hudson Technologies, Inc. (NASDAQ:HDSN) news were published by: Businesswire.com which released: “Hudson Technologies Reports Record Third Quarter Revenues of $34.9 Million …” on November 02, 2016. Also Marketwatch.com published the news titled: “Hudson Technologies shares surge on $400 million DoD contract” on July 18, 2016. Businesswire.com‘s news article titled: “Hudson Technologies Announces Retirement of James R. Buscemi, Vice President …” with publication date: May 18, 2016 was also an interesting one.
HDSN Company Profile
Hudson Technologies, Inc. (Hudson), incorporated on January 11, 1991, is a refrigerant services company. The Firm provides solutions to recurring problems within the refrigeration industry. The Company’s services and products include refrigerant and industrial gas sales; refrigerant management services, which consist of reclamation of refrigerants, and RefrigerantSide services, which consist of system decontamination to remove moisture, oils and other contaminants. The Company’s services and products are used in commercial air conditioning, industrial processing and refrigeration systems. The Firm also participates in the generation of carbon offset projects as a component of its services and products.
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