57,600 Shares in Hyliion Holdings Corp. (NYSE:HYLN) Purchased by Two Sigma Investments LP

Two Sigma Investments LP acquired a new stake in Hyliion Holdings Corp. (NYSE:HYLN) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 57,600 shares of the company’s stock, valued at approximately $150,000.

Other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its holdings in shares of Hyliion by 0.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,065,720 shares of the company’s stock worth $2,782,000 after acquiring an additional 8,326 shares during the period. Rhumbline Advisers increased its position in shares of Hyliion by 4.3% in the fourth quarter. Rhumbline Advisers now owns 219,617 shares of the company’s stock valued at $573,000 after buying an additional 8,979 shares in the last quarter. Xponance Inc. acquired a new position in shares of Hyliion during the 4th quarter worth $29,000. Price T Rowe Associates Inc. MD boosted its position in shares of Hyliion by 11.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 121,536 shares of the company’s stock worth $318,000 after buying an additional 12,007 shares in the last quarter. Finally, ProShare Advisors LLC grew its stake in Hyliion by 47.5% in the 4th quarter. ProShare Advisors LLC now owns 39,287 shares of the company’s stock valued at $103,000 after acquiring an additional 12,657 shares during the last quarter. Hedge funds and other institutional investors own 22.81% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Hyliion from a “hold” rating to a “sell” rating in a research report on Thursday, May 22nd.

Hyliion Stock Performance

Shares of NYSE:HYLN opened at $1.51 on Friday. The business’s fifty day moving average price is $1.47 and its two-hundred day moving average price is $1.98. The stock has a market cap of $263.98 million, a PE ratio of -4.08 and a beta of 2.74. Hyliion Holdings Corp. has a one year low of $1.11 and a one year high of $4.10.

Insider Activity at Hyliion

In other news, CFO Jon Panzer acquired 40,000 shares of Hyliion stock in a transaction that occurred on Friday, May 23rd. The shares were acquired at an average price of $1.14 per share, with a total value of $45,600.00. Following the completion of the purchase, the chief financial officer now owns 925,669 shares of the company’s stock, valued at approximately $1,055,262.66. This represents a 4.52% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have purchased a total of 65,000 shares of company stock valued at $73,850 over the last quarter. Insiders own 20.90% of the company’s stock.

Hyliion Profile