Govindaraj Ramasamy Buys 10,000 Shares of Hyliion Holdings Corp. (NYSE:HYLN) Stock

Hyliion Holdings Corp. (NYSE:HYLN) insider Govindaraj Ramasamy purchased 10,000 shares of the business’s stock in a transaction on Wednesday, June 12th. The shares were purchased at an average price of $1.50 per share, with a total value of $15,000.00. Following the acquisition, the insider now directly owns 227,500 shares in the company, valued at $341,250. The acquisition was disclosed in a filing with the SEC, which is available through this link.

Hyliion Trading Up 2.7 %

Shares of Hyliion stock opened at $1.53 on Wednesday. The stock has a 50 day moving average price of $1.45 and a 200-day moving average price of $1.29. Hyliion Holdings Corp. has a one year low of $0.52 and a one year high of $2.29.

Hyliion (NYSE:HYLN) last announced its earnings results on Tuesday, April 30th. The company reported ($0.07) EPS for the quarter. Hyliion had a negative return on equity of 29.69% and a negative net margin of 7,004.36%. Sell-side analysts expect that Hyliion Holdings Corp. will post -0.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Hyliion

A number of institutional investors and hedge funds have recently modified their holdings of HYLN. Vanguard Group Inc. lifted its stake in shares of Hyliion by 11.7% during the 1st quarter. Vanguard Group Inc. now owns 7,291,480 shares of the company’s stock worth $12,833,000 after acquiring an additional 762,909 shares during the last quarter. GSA Capital Partners LLP lifted its stake in shares of Hyliion by 17.2% during the 3rd quarter. GSA Capital Partners LLP now owns 712,672 shares of the company’s stock worth $841,000 after acquiring an additional 104,648 shares during the last quarter. Institutional & Family Asset Management LLC lifted its stake in shares of Hyliion by 2,565.7% during the 3rd quarter. Institutional & Family Asset Management LLC now owns 54,620 shares of the company’s stock worth $64,000 after acquiring an additional 52,571 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Hyliion by 9.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 104,086 shares of the company’s stock worth $184,000 after acquiring an additional 8,580 shares during the last quarter. 22.81% of the stock is owned by institutional investors.

Hyliion Company Profile