BNP Paribas Financial Markets acquired a new stake in shares of Hyliion Holdings Corp. (NYSE:HYLN - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 360,775 shares of the company's stock, valued at approximately $942,000. BNP Paribas Financial Markets owned approximately 0.21% of Hyliion at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Xponance Inc. purchased a new stake in shares of Hyliion during the 4th quarter valued at $29,000. Cibc World Markets Corp purchased a new stake in shares of Hyliion during the 4th quarter valued at $34,000. Aquatic Capital Management LLC purchased a new stake in shares of Hyliion during the 4th quarter valued at $42,000. Raymond James Financial Inc. purchased a new stake in shares of Hyliion during the 4th quarter valued at $43,000. Finally, AXQ Capital LP purchased a new stake in shares of Hyliion during the 4th quarter valued at $46,000. 22.81% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, CFO Jon Panzer bought 40,000 shares of the business's stock in a transaction on Friday, May 23rd. The stock was acquired at an average price of $1.14 per share, for a total transaction of $45,600.00. Following the purchase, the chief financial officer now directly owns 925,669 shares in the company, valued at $1,055,262.66. This trade represents a 4.52% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders bought 65,000 shares of company stock valued at $73,850. 20.90% of the stock is owned by insiders.
Hyliion Stock Down 5.0%
HYLN traded down $0.06 during trading hours on Tuesday, hitting $1.14. The stock had a trading volume of 1,288,282 shares, compared to its average volume of 1,141,094. The company's fifty day simple moving average is $1.44 and its 200 day simple moving average is $2.10. Hyliion Holdings Corp. has a 1 year low of $1.11 and a 1 year high of $4.10. The stock has a market cap of $199.29 million, a PE ratio of -3.08 and a beta of 2.76.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered Hyliion from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd.
View Our Latest Analysis on Hyliion
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