24,264 Shares in Hyliion Holdings Corp. (NYSE:HYLN) Bought by XTX Topco Ltd

XTX Topco Ltd bought a new position in shares of Hyliion Holdings Corp. (NYSE:HYLN) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 24,264 shares of the company’s stock, valued at approximately $60,000.

A number of other institutional investors have also added to or reduced their stakes in HYLN. HITE Hedge Asset Management LLC purchased a new position in shares of Hyliion during the second quarter worth about $656,000. Millennium Management LLC increased its holdings in shares of Hyliion by 64.8% in the 2nd quarter. Millennium Management LLC now owns 4,735,608 shares of the company’s stock worth $7,672,000 after buying an additional 1,861,497 shares during the last quarter. Verition Fund Management LLC raised its position in shares of Hyliion by 52.9% during the 3rd quarter. Verition Fund Management LLC now owns 33,700 shares of the company’s stock valued at $84,000 after buying an additional 11,653 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of Hyliion during the 3rd quarter worth $77,000. Finally, Bank of New York Mellon Corp grew its position in Hyliion by 9.9% in the second quarter. Bank of New York Mellon Corp now owns 574,988 shares of the company’s stock worth $931,000 after acquiring an additional 51,794 shares in the last quarter. 22.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Northland Capmk upgraded Hyliion to a “hold” rating in a research report on Tuesday, October 1st.

Hyliion Price Performance

Shares of NYSE HYLN opened at $2.73 on Friday. The stock has a market capitalization of $474.29 million, a P/E ratio of -7.38 and a beta of 2.03. Hyliion Holdings Corp. has a one year low of $0.79 and a one year high of $4.09. The firm’s 50 day simple moving average is $2.88 and its two-hundred day simple moving average is $2.27.

Insider Activity at Hyliion

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

About Hyliion