New South Capital Management Inc. Sells 21,455 Shares of Hudson Technologies, Inc. (NASDAQ:HDSN)

New South Capital Management Inc. lowered its position in Hudson Technologies, Inc. (NASDAQ:HDSN) by 1.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,321,717 shares of the industrial products company’s stock after selling 21,455 shares during the period. New South Capital Management Inc.’s holdings in Hudson Technologies were worth $7,375,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. West Tower Group LLC bought a new position in shares of Hudson Technologies during the 3rd quarter worth approximately $28,000. Quarry LP increased its holdings in Hudson Technologies by 901.1% during the 3rd quarter. Quarry LP now owns 4,675 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 4,208 shares in the last quarter. FMR LLC increased its stake in shares of Hudson Technologies by 299.8% in the 3rd quarter. FMR LLC now owns 4,670 shares of the industrial products company’s stock valued at $39,000 after buying an additional 3,502 shares during the period. DORCHESTER WEALTH MANAGEMENT Co acquired a new stake in shares of Hudson Technologies in the 4th quarter valued at $72,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Hudson Technologies in the 3rd quarter valued at $88,000. Institutional investors own 71.34% of the company’s stock.

Hudson Technologies Stock Performance

NASDAQ HDSN opened at $5.59 on Thursday. The stock has a fifty day moving average of $5.77 and a 200-day moving average of $6.66. The stock has a market capitalization of $252.66 million, a P/E ratio of 8.60, a price-to-earnings-growth ratio of 0.49 and a beta of 1.09. Hudson Technologies, Inc. has a 52 week low of $5.17 and a 52 week high of $14.28.

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.