HDSN HUDSON TECHNOLOGIES INC /NY
Price Chart
Executive Summary
Six HDSN insiders, including CEO Kenneth Gaglione and five directors, made open-market purchases totaling $120K over two days (May 13-14, 2026). This cluster follows the company's Q1 2026 earnings release (May 6) which showed 9% revenue growth to $60.2M but a sharp 89% decline in net income to $0.3M ($0.01/share) from $2.8M ($0.06/share) a year ago. The insider buying cluster, while modest at 0.06% of market cap, is amplified by the cross-filing earnings context and the CEO's participation, signaling confidence in the upcoming selling season despite weak profitability.
Key Financial Metrics
Actionable Insight
The CEO-led insider buying cluster after a weak earnings print is a contrarian bullish signal. Monitor Q2 2026 results (guided $73-76M revenue) for confirmation of the selling season ramp. The stock's recent decline (down ~17% T+20 on prior neutral reports) may have created a buying opportunity for insiders. Watch for additional Form 4 filings from other executives.
Key Facts
- Six insiders purchased shares in a 2-day cluster: CEO Kenneth Gaglione bought 5,000 shares at $4.895 ($24,475), and five directors bought a combined 19,450 shares at $4.84-$4.96 ($95,013).
- Total cluster value is $119,488, representing approximately 0.06% of HDSN's $204M market cap.
- The cluster occurred 7-8 days after HDSN reported Q1 2026 earnings: revenue up 9% to $60.2M, but net income fell 89% to $0.3M ($0.01/share) from $2.8M ($0.06/share).
- Q2 2026 revenue guidance of $73-76 million implies sequential growth of 21-26% from Q1.
- The company repurchased $2.5M of stock in Q1 2026 and had $19.4M cash at quarter end.
- Historical calibration shows past HDSN reports had negative T+20 performance (-11.08% avg), but this cluster involves CEO participation and follows earnings, which are amplifiers per cross-filing actuarial data.
Financial Impact
Insider purchases total $119,488, or 0.06% of market cap — modest in absolute terms but notable as a cluster with CEO participation.
Risk Factors
- Net income declined 89% YoY to just $0.3M — the business is significantly less profitable despite revenue growth.
- Gross margin contracted to 20% from 22% due to unfavorable product mix.
- SG&A increased 16% to $9.5M, driven by ERP implementation costs and strategic initiatives.
- The cluster value is only 0.06% of market cap — small relative to company size, limiting signal strength.
- Historical T+20 performance on HDSN reports has been negative (-11.08% avg), suggesting the stock has been under persistent selling pressure.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HDSN-1778865693427 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 21, 2026
2d ago
|
Insider Cluster
| $5.18 awaiting T+20 | awaiting T+20 | — | $5.06 (−2.32%) |
|
May 21, 2026
2d ago
|
Insider Cluster
| $4.96 awaiting T+20 | awaiting T+20 | — | $5.06 (+2.02%) |
|
May 18, 2026
5d ago
|
8-K
| $4.93 awaiting T+20 | awaiting T+20 | — | $5.06 (+2.64%) |
|
May 15, 2026
8d ago
|
Insider Cluster
| $4.95 awaiting T+20 | awaiting T+20 | — | $5.06 (+2.22%) |
|
May 15, 2026
8d ago
|
Insider Cluster
| $4.86 awaiting T+20 | awaiting T+20 | — | $5.06 (+4.22%) |
|
Apr 24, 2026
29d ago
|
DEFA14A
| $6.30 $5.17 | ▼ −17.94% | ▼ −21.96% | $5.06 (−19.68%) |
|
Apr 22, 2026
4w ago
|
Press Release
| $6.20 $4.89 | ▲ +21.13% | ▲ +24.29% | $5.06 (+18.39%) |
|
Apr 13, 2026
5w ago
|
8-K
| $6.17 $5.11 | ▼ −17.18% | ▼ −24.91% | $5.06 (−17.99%) |
|
Mar 4, 2026
11w ago
|
8-K
| $6.35 $5.84 | ▼ −8.03% | ▼ −4.24% | $5.06 (−20.31%) |
|
Mar 4, 2026
11w ago
|
Press Release
| $6.35 $5.84 | ▼ −8.03% | ▼ −4.24% | $5.06 (−20.31%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access