Stock Analysis

This Insider Has Just Sold Shares In Hudson Technologies, Inc. (NASDAQ:HDSN)

NasdaqCM:HDSN
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We'd be surprised if Hudson Technologies, Inc. (NASDAQ:HDSN) shareholders haven't noticed that the Director, Stephen Mandracchia, recently sold US$157k worth of stock at US$1.57 per share. On the bright side, that sale was only 7.8% of their holding, so we doubt it's very meaningful, on its own.

See our latest analysis for Hudson Technologies

Hudson Technologies Insider Transactions Over The Last Year

In fact, the recent sale by Stephen Mandracchia was the biggest sale of Hudson Technologies shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to take some cash off the table, even slightly below the current price of US$1.58. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 7.8% of Stephen Mandracchia's stake.

Insiders in Hudson Technologies didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NasdaqCM:HDSN Insider Trading Volume March 18th 2021

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Hudson Technologies

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 14% of Hudson Technologies shares, worth about US$9.7m, according to our data. However, it's possible that insiders might have an indirect interest through a more complex structure. Whilst better than nothing, we're not overly impressed by these holdings.

So What Do The Hudson Technologies Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. We'd certainly practice some caution before buying! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. In terms of investment risks, we've identified 3 warning signs with Hudson Technologies and understanding these should be part of your investment process.

Of course Hudson Technologies may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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