Hudson Global, Inc. (NASDAQ:HSON) CEO Acquires $14,417.75 in Stock

Hudson Global, Inc. (NASDAQ:HSONGet Rating) CEO Jeffrey E. Eberwein acquired 571 shares of the firm’s stock in a transaction on Wednesday, January 25th. The shares were acquired at an average price of $25.25 per share, with a total value of $14,417.75. Following the completion of the purchase, the chief executive officer now owns 265,181 shares of the company’s stock, valued at $6,695,820.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Hudson Global Price Performance

NASDAQ HSON traded up $0.82 on Wednesday, reaching $25.44. The company had a trading volume of 5,484 shares, compared to its average volume of 12,193. The firm has a market capitalization of $71.00 million, a PE ratio of 8.63, a P/E/G ratio of 0.41 and a beta of 0.49. The firm has a 50-day moving average of $23.95 and a 200-day moving average of $29.75. Hudson Global, Inc. has a 1 year low of $20.51 and a 1 year high of $44.00.

Hudson Global (NASDAQ:HSONGet Rating) last announced its earnings results on Thursday, November 10th. The business services provider reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.13). The firm had revenue of $48.69 million during the quarter, compared to analysts’ expectations of $50.50 million. Hudson Global had a net margin of 4.53% and a return on equity of 29.62%. As a group, sell-side analysts expect that Hudson Global, Inc. will post 3.13 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HSON. EF Hutton Acquisition Co. I began coverage on shares of Hudson Global in a research report on Monday, November 28th. They set a “buy” rating and a $42.50 price target for the company. StockNews.com downgraded Hudson Global from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 14th.

Hedge Funds Weigh In On Hudson Global

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new stake in shares of Hudson Global during the second quarter valued at about $29,000. UBS Group AG boosted its holdings in Hudson Global by 241.4% in the first quarter. UBS Group AG now owns 1,502 shares of the business services provider’s stock valued at $61,000 after purchasing an additional 1,062 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in Hudson Global by 31.9% during the 2nd quarter. O Shaughnessy Asset Management LLC now owns 11,638 shares of the business services provider’s stock valued at $365,000 after purchasing an additional 2,814 shares in the last quarter. State Street Corp increased its holdings in Hudson Global by 8.3% during the 1st quarter. State Street Corp now owns 9,929 shares of the business services provider’s stock worth $404,000 after purchasing an additional 757 shares during the last quarter. Finally, Millennium Management LLC acquired a new position in shares of Hudson Global in the 2nd quarter valued at approximately $539,000. 60.64% of the stock is owned by hedge funds and other institutional investors.

About Hudson Global

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Hudson Global, Inc is a talent solutions company, which engages in the provision of recruitment outsourcing and total talent solutions to organizations. Its operates through the following segments: Americas, Asia Pacific, and Europe. The Firm services includes complete recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting.

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