Insiders Reap Profits of US$1.9m from Selling Hudson Technologies, (NASDAQ:HDSN) Stock
April 6, 2023
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Hudson Technologies ($NASDAQ:HDSN), Inc. (NASDAQ:HDSN) is a leading provider of innovative refrigerant solutions that help customers reduce operating costs and increase efficiency. Recently, there was a significant benefit to the company’s insiders when they sold $1.9m worth of its stock. This move earned them a generous compensation of over $1.9m. The sale of the shares allowed the insiders to benefit from the strong performance of the stock over the past few months.
This increase in price allowed for a healthy profit for the insiders who opted to take advantage of this lucrative opportunity. This sale of stock by insiders shows their confidence in Hudson Technologies and their belief in the company’s long-term prospects. It is also a positive sign for investors, suggesting that the stock is likely to continue its strong performance in the coming months and years.
Share Price
On Monday, shares of Hudson Technologies, Inc. (NASDAQ: HDSN) closed at 8.7, 0.2% lower than their opening price of 8.8. This was not a significant drop, but insiders were still able to take advantage of the slight decrease in share price to make a tidy profit, selling $1.9 million worth of stock. The precise amount of stock sold, who the buyers and sellers were and the impact this stock sale will have on the company and its shareholders remain to be seen. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hudson Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 325.23 | 103.8 | 31.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hudson Technologies. More…
| Operations | Investing | Financing |
| 62.81 | -3.66 | -57.35 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hudson Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 272.49 | 97.62 | 3.86 |
Key Ratios Snapshot
Some of the financial key ratios for Hudson Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 26.1% | -26.9% | 40.4% |
| FCF Margin | ROE | ROA |
| 18.2% | 47.6% | 30.2% |
Analysis
GoodWhale has analyzed the financials of HUDSON TECHNOLOGIES and according to our Star Chart, we’ve classified the company as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. This makes HUDSON TECHNOLOGIES attractive to a variety of investors who want to benefit from the strength of this type of business. Moreover, our data shows that HUDSON TECHNOLOGIES has a high health score of 8/10 with regard to its cashflows and debt, making it capable of safely riding out any crisis without the risk of bankruptcy. Additionally, our analysis also shows that HUDSON TECHNOLOGIES is strong in asset, growth, and profitability, but weak in dividend. Therefore, investors looking for low-risk, stable companies with strong financials may find HUDSON TECHNOLOGIES an attractive option. More…
Peers
Hudson Technologies Inc is a publicly traded company on the NASDAQ Global Market under the ticker symbol HDSN. It is headquartered in Pearl River, New York and was founded in 1987. The company is a leading provider of innovative solutions to reduce energy consumption, improve indoor air quality, and enable customer comfort in commercial and industrial buildings. Hudson’s core businesses are refrigerant management and energy services. The company’s products and services are sold through a network of authorized distributors and service providers in the United States, Canada, Europe, and Asia.
Hudson’s primary competitors in the refrigerant management market are Masterflex SE, AlumiFuel Power Corp, and NoFire Technologies Inc. In the energy services market, the company competes with a variety of firms providing energy efficiency solutions, including Johnson Controls, Siemens, and Honeywell.
– Masterflex SE ($LTS:0FCT)
Founded in 1908, Masterflex SE is a German company that manufactures high-performance hose and tubing products. The company has a market cap of 62.52M as of 2022 and a Return on Equity of 10.87%. Masterflex SE’s products are used in a variety of applications, including food and beverage processing, pharmaceutical manufacturing, and chemical handling. The company’s products are known for their durability and flexibility, and are used in some of the most demanding environments. Masterflex SE is a publicly traded company, and its shares are listed on the Frankfurt Stock Exchange.
– AlumiFuel Power Corp ($OTCPK:AFPW)
AlumiFuel Power Corporation is engaged in the development and commercialization of hydrogen generation systems. Its products include a portable hydrogen generator based on aluminum powder and water reactions, as well as fuel cells. The company was founded in 2004 and is headquartered in Denver, Colorado.
– NoFire Technologies Inc ($OTCPK:NFTI)
NoFire Technologies Inc is a company that specializes in developing and manufacturing products that are designed to prevent fires. The company has a market cap of 1.81M as of 2022 and a Return on Equity of 17.43%. NoFire Technologies Inc is a publicly traded company on the Toronto Stock Exchange.
Summary
Hudson Technologies (NASDAQ: HDSN) is an excellent investment opportunity. Recent insider activity has shown that those who sold US$1.9 million worth of HDSN shares have been well-compensated. With such a strong track record, investors can expect Hudson Technologies to continue to deliver strong returns for the foreseeable future.
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