Director Coleman sold 484.6K shares (20.0% of holdings) at $7.40; stock now $6.99, down 30.9% in 90 days vs 52-week high.
Brian F. Coleman sold 484,616 shares at $7.40 on 2025-12-05, reducing his position from 2,428,928 to 1,944,312 shares. The sale occurred when HDSN traded materially above its current price of $6.99 and considerably above the 52-week low of $5.25. The stock has declined 30.9% over 90 days despite a modest 2.0% recovery in the last 30 days, and currently sits 33.0% below its 52-week high of $10.44. Company fundamentals show revenue contraction of 18.0% year-over-year, though net income of $12,374,000 remains positive on quarterly revenue of $74,012,000. The 20.0% reduction in Coleman's holdings represents a substantial position reduction by a director, warranting review of whether similar activity occurs across other insiders and whether the forward outlook justifies the recent revenue decline.