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

Jane Street Group LLC boosted its stake in shares of Hyliion Holdings Corp. (NYSE:HYLN) by 79.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 265,302 shares of the company’s stock after buying an additional 117,358 shares during the period. Jane Street Group LLC’s holdings in Hyliion were worth $658,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Millennium Management LLC raised its position 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 during the last quarter. HITE Hedge Asset Management LLC raised its holdings in shares of Hyliion by 130.6% in the third quarter. HITE Hedge Asset Management LLC now owns 933,659 shares of the company’s stock valued at $2,315,000 after purchasing an additional 528,750 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Hyliion by 9.9% in the second quarter. Bank of New York Mellon Corp now owns 574,988 shares of the company’s stock worth $931,000 after purchasing an additional 51,794 shares in the last quarter. Intech Investment Management LLC acquired a new position in Hyliion during the third quarter worth $77,000. Finally, AQR Capital Management LLC bought a new position in Hyliion in the second quarter valued at $40,000. Institutional investors own 22.81% of the company’s stock.

Insiders Place Their Bets

In related news, Director Vincent T. Cubbage sold 65,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $3.90, for a total value of $253,500.00. Following the sale, the director now owns 972,078 shares in the company, valued at approximately $3,791,104.20. This represents a 6.27 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeffrey A. Craig purchased 50,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were acquired at an average cost of $2.95 per share, with a total value of $147,500.00. Following the acquisition, the director now directly owns 282,060 shares in the company, valued at approximately $832,077. The trade was a 21.55 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 20.40% of the company’s stock.

Wall Street Analyst Weigh In

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

Hyliion Stock Up 4.3 %

NYSE:HYLN opened at $2.67 on Friday. Hyliion Holdings Corp. has a twelve month low of $0.80 and a twelve month high of $4.09. The firm has a market capitalization of $463.87 million, a price-to-earnings ratio of -7.22 and a beta of 2.03. The stock’s 50 day moving average price is $2.91 and its two-hundred day moving average price is $2.34.

Hyliion Company Profile