Hyliion Holdings Corp. (NYSE:HYLN) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its position in Hyliion Holdings Corp. (NYSE:HYLN) by 2.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,057,394 shares of the company’s stock after buying an additional 20,541 shares during the period. Charles Schwab Investment Management Inc. owned about 0.61% of Hyliion worth $2,622,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of HYLN. Creative Planning acquired a new position in Hyliion during the third quarter worth approximately $29,000. AQR Capital Management LLC purchased a new stake in Hyliion during the second quarter worth approximately $40,000. Intech Investment Management LLC purchased a new stake in Hyliion during the third quarter worth approximately $77,000. The Manufacturers Life Insurance Company grew its stake in Hyliion by 20.7% during the second quarter. The Manufacturers Life Insurance Company now owns 58,072 shares of the company’s stock worth $94,000 after buying an additional 9,948 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its stake in Hyliion by 9.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 104,086 shares of the company’s stock worth $184,000 after buying an additional 8,580 shares during the period. Institutional investors and hedge funds own 22.81% of the company’s stock.

Hyliion Stock Down 0.3 %

NYSE HYLN opened at $3.00 on Monday. The stock has a market capitalization of $521.19 million, a PE ratio of -8.11 and a beta of 2.03. The company has a 50 day moving average price of $2.84 and a two-hundred day moving average price of $2.23. Hyliion Holdings Corp. has a 12-month low of $0.62 and a 12-month high of $4.09.

Wall Street Analysts Forecast Growth

Separately, Northland Capmk raised shares of Hyliion to a “hold” rating in a report on Tuesday, October 1st.

Insider Activity

In related news, Director Jeffrey A. Craig purchased 50,000 shares of Hyliion stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average price of $2.95 per share, for a total transaction of $147,500.00. Following the transaction, the director now directly owns 282,060 shares in the company, valued at approximately $832,077. This represents a 21.55 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Vincent T. Cubbage sold 65,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $3.90, for a total transaction of $253,500.00. Following the transaction, the director now owns 972,078 shares in the company, valued at approximately $3,791,104.20. This trade represents a 6.27 % decrease in their position. The disclosure for this sale can be found here. 20.40% of the stock is owned by corporate insiders.

Hyliion Profile