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

Posted by Defense World Staff on Jan 4th, 2025

Barclays PLC grew its stake in Hyliion Holdings Corp. (NYSE:HYLN – Free Report) by 272.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 184,685 shares of the company’s stock after acquiring an additional 135,055 shares during the period. Barclays PLC owned 0.11% of Hyliion worth $459,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in shares of Hyliion by 9.9% during 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 during the last quarter. HITE Hedge Asset Management LLC acquired a new stake in Hyliion in the second quarter worth about $656,000. AQR Capital Management LLC bought a new stake in Hyliion during the 2nd quarter worth about $40,000. Millennium Management LLC lifted its position in Hyliion by 64.8% during the 2nd quarter. Millennium Management LLC now owns 4,735,608 shares of the company’s stock valued at $7,672,000 after purchasing an additional 1,861,497 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Hyliion by 20.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 58,072 shares of the company’s stock valued at $94,000 after purchasing an additional 9,948 shares during the last quarter. 22.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Hyliion

In other 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 transaction of $253,500.00. Following the completion of the transaction, the director now directly owns 972,078 shares in the company, valued at approximately $3,791,104.20. The trade was a 6.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jeffrey A. Craig purchased 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was acquired at an average price of $2.95 per share, for a total transaction of $147,500.00. Following the purchase, the director now owns 282,060 shares in the company, valued at $832,077. This trade represents a 21.55 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 20.40% of the company’s stock.

Hyliion Trading Up 4.3 %

Hyliion stock opened at $2.67 on Friday. Hyliion Holdings Corp. has a 1-year low of $0.80 and a 1-year high of $4.09. The company has a fifty day simple moving average of $2.91 and a 200 day simple moving average of $2.35. The company has a market cap of $463.87 million, a P/E ratio of -7.22 and a beta of 2.03.