Barclays PLC Acquires 135,055 Shares of Hyliion Holdings Corp. (NYSE:HYLN)

Barclays PLC increased its holdings in shares of Hyliion Holdings Corp. (NYSE:HYLN) by 272.1% during the third quarter, Holdings Channel.com reports. The fund owned 184,685 shares of the company’s stock after purchasing an additional 135,055 shares during the quarter. Barclays PLC’s holdings in Hyliion were worth $459,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Creative Planning bought a new stake in shares of Hyliion during the 3rd quarter valued at $29,000. AQR Capital Management LLC acquired a new position in Hyliion in the second quarter valued at about $40,000. XTX Topco Ltd acquired a new position in Hyliion in the third quarter valued at about $60,000. Intech Investment Management LLC bought a new stake in Hyliion during the third quarter worth about $77,000. Finally, Verition Fund Management LLC grew its stake in Hyliion by 52.9% during the third quarter. Verition Fund Management LLC now owns 33,700 shares of the company’s stock worth $84,000 after buying an additional 11,653 shares in the last quarter. 22.81% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Insider Buying and Selling at Hyliion

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

Hyliion Stock Performance

Shares of HYLN opened at $2.67 on Friday. Hyliion Holdings Corp. has a 52-week low of $0.80 and a 52-week high of $4.09. The firm has a market cap of $463.87 million, a price-to-earnings ratio of -7.22 and a beta of 2.03. The business’s fifty day moving average is $2.91 and its 200-day moving average is $2.35.

Hyliion Profile