Cooper Creek Partners Amends HDSN Stake, Signals Continued Confidence
Ticker: HDSN · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 925528
| Field | Detail |
|---|---|
| Company | Hudson Technologies Inc /Ny (HDSN) |
| Form Type | SC 13G/A |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**Cooper Creek Partners still holds HDSN, good sign for stock stability.**
AI Summary
Cooper Creek Partners Management LLC filed an amended Schedule 13G/A on February 12, 2024, indicating their ownership in Hudson Technologies Inc. (HDSN) as of December 31, 2023. This filing, Amendment No. 17, updates their previous disclosures, showing their continued significant, but passive, stake in the company. This matters to investors because it confirms a major institutional investor remains committed to HDSN, potentially signaling confidence in the company's long-term prospects.
Why It Matters
This filing shows that a significant institutional investor, Cooper Creek Partners, continues to hold a substantial position in Hudson Technologies, which can be a positive signal for other investors.
Risk Assessment
Risk Level: low — This is a routine update from a passive investor, indicating no immediate negative or positive catalysts.
Analyst Insight
An investor should note that a major institutional holder is maintaining their position, suggesting no immediate red flags or strong bullish signals from this specific filing. It's a data point for long-term conviction.
Key Players & Entities
- Cooper Creek Partners Management LLC (company) — the entity filing the SC 13G/A
- Hudson Technologies Inc. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 12, 2024 (date) — the date the SC 13G/A was filed
- Amendment No. 17 (number) — the specific amendment number of the filing
Forward-Looking Statements
- Cooper Creek Partners will maintain a significant, passive stake in Hudson Technologies Inc. for the foreseeable future. (Cooper Creek Partners Management LLC) — medium confidence, target: December 31, 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No. 17' in the filing.
Who is the subject company of this filing?
The subject company is HUDSON TECHNOLOGIES INC /NY, with the ticker symbol HDSN, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HUDSON TECHNOLOGIES INC /NY'.
Who filed this SC 13G/A?
This SC 13G/A was filed by COOPER CREEK PARTNERS MANAGEMENT LLC, as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COOPER CREEK PARTNERS MANAGEMENT LLC'.
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, as explicitly stated in the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)' in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 12, 2024 regarding HUDSON TECHNOLOGIES INC /NY (HDSN).