Stock Track | Hyliion Holdings Soars 22.16% Amid Insider Buying and Strong Growth Outlook

Stock Track11-22 01:12

Hyliion Holdings Corp. (HYLN) witnessed a surge of 22.16% in its stock price on Thursday, marking a new 52-week high of $3.48. The rally was likely fueled by a combination of factors, including insider buying activity and the company's positive growth outlook.

Late on Wednesday, an SEC filing revealed that board director Craig Jeffrey purchased 50,000 shares of Hyliion at $2.95 per share. Jeffrey's insider buying action, increasing his total shareholding to 282,060 shares, signaled confidence in the company's prospects and may have sparked investor interest.

Additionally, Hyliion provided projections for 2025, indicating growth in deliveries of its KARNO generator and expected proceeds from sales and research and development services in the low double-digit millions. The company also aims to achieve approximately break-even gross margins on a cash basis by late 2025 or early 2026, with modest growth in cash spending compared to 2024. These positive growth prospects likely contributed to the stock's upward momentum.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1143061982?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-22 01:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1143061982","market":"us","top_or_hot":-1,"title":"Stock Track | Hyliion Holdings Soars 22.16% Amid Insider Buying and Strong Growth Outlook","media":"Stock Track","content":"<p>Hyliion Holdings Corp. (HYLN) witnessed a surge of 22.16% in its stock price on Thursday, marking a new 52-week high of $3.48. The rally was likely fueled by a combination of factors, including insider buying activity and the company's positive growth outlook.</p>\n\n<p>Late on Wednesday, an SEC filing revealed that board director Craig Jeffrey purchased 50,000 shares of Hyliion at $2.95 per share. Jeffrey's insider buying action, increasing his total shareholding to 282,060 shares, signaled confidence in the company's prospects and may have sparked investor interest.</p>\n\n<p>Additionally, Hyliion provided projections for 2025, indicating growth in deliveries of its KARNO generator and expected proceeds from sales and research and development services in the low double-digit millions. The company also aims to achieve approximately break-even gross margins on a cash basis by late 2025 or early 2026, with modest growth in cash spending compared to 2024. These positive growth prospects likely contributed to the stock's upward momentum.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Hyliion Holdings Soars 22.16% Amid Insider Buying and Strong Growth Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Hyliion Holdings Soars 22.16% Amid Insider Buying and Strong Growth Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-22 01:12 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hyliion Holdings Corp. (HYLN) witnessed a surge of 22.16% in its stock price on Thursday, marking a new 52-week high of $3.48. The rally was likely fueled by a combination of factors, including ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HYLN","symbol_name":"Hyliion Holdings Corp.","start_time":0,"source_url":"","article_id":"1143061982","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1143061982","pubTimestamp":1732209145,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Hyliion Holdings Corp.  witnessed a surge of 22.16% in its stock price on Thursday, marking a new 52-week high of $3.48. The rally was likely fueled by a combination of factors, including insider buying activity and the company's positive growth outlook.Late on Wednesday, an SEC filing revealed that board director Craig Jeffrey purchased 50,000 shares of Hyliion at $2.95 per share. Jeffrey's insider buying action, increasing his total shareholding to 282,060 shares, signaled confidence in the co","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HYLN":"Hyliion Holdings Corp."},"translate_title":"股票轨迹Hyliion Holdings因内部购买和强劲增长前景而飙升22.16%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HYLN":1},"content_text":"Hyliion Holdings Corp. (HYLN) witnessed a surge of 22.16% in its stock price on Thursday, marking a new 52-week high of $3.48. The rally was likely fueled by a combination of factors, including insider buying activity and the company's positive growth outlook.\nLate on Wednesday, an SEC filing revealed that board director Craig Jeffrey purchased 50,000 shares of Hyliion at $2.95 per share. Jeffrey's insider buying action, increasing his total shareholding to 282,060 shares, signaled confidence in the company's prospects and may have sparked investor interest.\nAdditionally, Hyliion provided projections for 2025, indicating growth in deliveries of its KARNO generator and expected proceeds from sales and research and development services in the low double-digit millions. The company also aims to achieve approximately break-even gross margins on a cash basis by late 2025 or early 2026, with modest growth in cash spending compared to 2024. These positive growth prospects likely contributed to the stock's upward momentum.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1143061982"}