Jane Street Group LLC Has $658,000 Stock Holdings in Hyliion Holdings Corp. (NYSE:HYLN)

Jane Street Group LLC raised its position in Hyliion Holdings Corp. (NYSE:HYLN) by 79.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 265,302 shares of the company’s stock after acquiring an additional 117,358 shares during the period. Jane Street Group LLC owned about 0.15% of Hyliion worth $658,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. HITE Hedge Asset Management LLC bought a new stake in shares of Hyliion in the 2nd quarter valued at approximately $656,000. Millennium Management LLC boosted its stake in Hyliion by 64.8% in the 2nd quarter. Millennium Management LLC now owns 4,735,608 shares of the company’s stock valued at $7,672,000 after buying an additional 1,861,497 shares in the last quarter. Verition Fund Management LLC grew its position in Hyliion by 52.9% in the third quarter. Verition Fund Management LLC now owns 33,700 shares of the company’s stock valued at $84,000 after acquiring an additional 11,653 shares during the period. State Street Corp raised its stake in Hyliion by 0.6% during the third quarter. State Street Corp now owns 2,985,109 shares of the company’s stock worth $7,403,000 after acquiring an additional 16,707 shares in the last quarter. Finally, Intech Investment Management LLC bought a new position in shares of Hyliion during the third quarter valued at $77,000. Institutional investors own 22.81% of the company’s stock.

Analyst Ratings Changes

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

Insider Transactions at Hyliion

In related news, Director Vincent T. Cubbage sold 65,000 shares of the 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 sale, the director now directly owns 972,078 shares in the company, valued at $3,791,104.20. This trade represents a 6.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jeffrey A. Craig acquired 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were purchased at an average price of $2.95 per share, with a total value of $147,500.00. Following the acquisition, 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 corporate insiders.

Hyliion Stock Up 4.3 %

Shares of HYLN stock opened at $2.67 on Friday. Hyliion Holdings Corp. has a 12 month low of $0.80 and a 12 month 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 stock has a 50-day moving average price of $2.91 and a 200 day moving average price of $2.34.

About Hyliion