BlackRock Amends Hudson Technologies Stake (SC 13G/A)
Ticker: HDSN · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 925528
| Field | Detail |
|---|---|
| Company | Hudson Technologies Inc /Ny (HDSN) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its stake in Hudson Technologies, signaling a change in its position.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, indicating its ownership of Hudson Technologies Inc. common stock as of December 31, 2023. This filing is an amendment (Amendment No: 1), suggesting a change in BlackRock's previously reported stake in Hudson Technologies. For investors, this matters because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its confidence or strategy regarding the stock, potentially influencing other investors.
Why It Matters
This filing updates BlackRock's reported ownership in Hudson Technologies, providing transparency on a significant institutional investor's position, which can impact market sentiment.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership and does not inherently present a direct risk to investors.
Analyst Insight
An investor should review the full SC 13G/A filing to understand the specific changes in BlackRock's ownership percentage and share count, as this could indicate a bullish or bearish stance on Hudson Technologies Inc. by a major institutional player.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Hudson Technologies Inc. (company) — the subject company whose common stock is being reported
- January 26, 2024 (date) — the filing date of the SC 13G/A amendment
- December 31, 2023 (date) — the date of the event which required the filing of this statement
- Amendment No: 1 (number) — indicates this is an update to a previous filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., a security brokers, dealers & flotation company based in New York, NY.
What company's securities are being reported in this filing?
The securities being reported belong to Hudson Technologies Inc. /NY, a company in the wholesale-machinery, equipment & supplies industry, based in Pearl River, NY.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023.
What is the CUSIP Number for the reported securities?
The CUSIP Number for the Common Stock of Hudson Technologies Inc. is 444144109.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding HUDSON TECHNOLOGIES INC /NY (HDSN).