Fri Sep 20 07:14:50 UTC 2024: ## Institutional Investors Show Interest in Hudson Technologies (HDSN)

**New York, NY – September 20, 2024** – Hudson Technologies, Inc. (NASDAQ: HDSN), a leading provider of refrigeration industry solutions, saw significant activity from institutional investors in the second quarter of 2024.

**Commonwealth Equity Services LLC** initiated a new position in HDSN, acquiring 78,164 shares valued at $687,000. This investment follows a trend of other institutions increasing their stakes in the company.

**Victory Capital Management Inc.** boosted its position by 364.8%, now holding 48,314 shares worth $652,000. Similarly, **Dimensional Fund Advisors LP** increased its holding by 2.0%, now owning 1,574,769 shares valued at $21,243,000.

Other notable investors include **Swiss National Bank**, which acquired a new stake valued at $1,087,000, and **Janney Montgomery Scott LLC**, which increased its position by 17.9% to 61,104 shares worth $824,000.

**Cambridge Investment Research Advisors Inc.** also initiated a new position in the fourth quarter, acquiring shares worth $1,387,000.

Institutional ownership in HDSN currently stands at 71.34%.

**Analyst Opinions**

Analysts are generally optimistic about Hudson Technologies. Craig Hallum and B. Riley both lowered their target prices to $10.00 but maintained “buy” ratings on the stock. Overall, three analysts have rated the stock with a “hold” rating and three have assigned a “buy” rating. The consensus rating is currently “Moderate Buy” with a consensus price target of $10.60.

**Company Overview**

Hudson Technologies, Inc., through its subsidiary, Hudson Technologies Company, provides solutions to recurring problems within the refrigeration industry in the United States. The company offers a range of services, including refrigerant and industrial gas sales, refrigerant management services, and RefrigerantSide services.

The company’s stock opened at $8.42 on Friday, with a market cap of $383.20 million.

**Disclaimer:** This news article is based on publicly available information and should not be considered financial advice.

Read More