Hyliion Holdings Corp. (NYSE:HYLN) Insider Govindaraj Ramasamy Acquires 10,000 Shares

Hyliion Holdings Corp. (NYSE:HYLNGet Free Report) insider Govindaraj Ramasamy purchased 10,000 shares of the company’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 completion of the purchase, the insider now directly owns 227,500 shares of the company’s stock, valued at $341,250. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Hyliion Stock Performance

NYSE:HYLN traded up $0.04 on Monday, hitting $1.49. 617,694 shares of the stock were exchanged, compared to its average volume of 1,000,347. The stock has a fifty day moving average of $1.45 and a 200-day moving average of $1.28. Hyliion Holdings Corp. has a fifty-two week low of $0.52 and a fifty-two week high of $2.29.

Hyliion (NYSE:HYLNGet Free Report) last posted its earnings results on Tuesday, April 30th. The company reported ($0.07) earnings per share (EPS) for the quarter. Hyliion had a negative net margin of 7,004.36% and a negative return on equity of 29.69%. As a group, research analysts forecast that Hyliion Holdings Corp. will post -0.33 earnings per share for the current year.

Institutional Investors Weigh In On Hyliion

A number of large investors have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD grew its stake in shares of Hyliion by 9.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 104,086 shares of the company’s stock valued at $184,000 after buying an additional 8,580 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Hyliion by 11.7% in the first quarter. Vanguard Group Inc. now owns 7,291,480 shares of the company’s stock valued at $12,833,000 after buying an additional 762,909 shares in the last quarter. GSA Capital Partners LLP grew its stake in shares of Hyliion by 17.2% in the third quarter. GSA Capital Partners LLP now owns 712,672 shares of the company’s stock valued at $841,000 after buying an additional 104,648 shares in the last quarter. Finally, Institutional & Family Asset Management LLC boosted its holdings in Hyliion by 2,565.7% in the third quarter. Institutional & Family Asset Management LLC now owns 54,620 shares of the company’s stock valued at $64,000 after purchasing an additional 52,571 shares during the last quarter. Institutional investors and hedge funds own 22.81% of the company’s stock.

Hyliion Company Profile

(Get Free Report)

Read More

Receive News & Ratings for Hyliion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyliion and related companies with MarketBeat.com's FREE daily email newsletter.