BlackRock Inc. acquired 2,840,272 shares of Hudson Technologies according to a recent filing. The transaction is valued at approximately $16.3 million. This purchase grants the asset manager a 6.75% stake in the refrigerant services company.
Institutional investors now collectively own 71.34% of Hudson Technologies. The stock recently opened at $5.25, positioned near its 52-week low.
Market analysts currently maintain mixed ratings on the stock. The overall consensus rating for the company remains a Hold.