Hyzon Motors Inc. (NASDAQ:HYZN) Major Shareholder Sells $135,292.70 in Stock

Hyzon Motors Inc. (NASDAQ:HYZN) major shareholder Fuel Cell Technologies Horizon sold 1,352,927 shares of the business’s stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $0.10, for a total transaction of $135,292.70. Following the transaction, the insider now owns 52,848,220 shares in the company, valued at $5,284,822. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Fuel Cell Technologies Horizon also recently made the following trade(s):

• On Monday, August 12th, Fuel Cell Technologies Horizon sold 1,411,049 shares of Hyzon Motors stock. The stock was sold at an average price of $0.10, for a total transaction of $141,104.90.
• On Tuesday, June 4th, Fuel Cell Technologies Horizon sold 217,971 shares of Hyzon Motors stock. The shares were sold at an average price of $0.52, for a total value of $113,344.92.
• On Tuesday, May 28th, Fuel Cell Technologies Horizon sold 202,346 shares of Hyzon Motors stock. The shares were sold at an average price of $0.50, for a total value of $101,173.00.
• On Friday, May 24th, Fuel Cell Technologies Horizon sold 20,401 shares of Hyzon Motors stock. The stock was sold at an average price of $0.51, for a total value of $10,404.51.
• On Wednesday, May 22nd, Fuel Cell Technologies Horizon sold 5,333 shares of Hyzon Motors stock. The shares were sold at an average price of $0.52, for a total transaction of $2,773.16.
• On Thursday, May 16th, Fuel Cell Technologies Horizon sold 197,183 shares of Hyzon Motors stock. The stock was sold at an average price of $0.55, for a total transaction of $108,450.65.

Hyzon Motors Price Performance

Shares of HYZN stock opened at $0.07 on Friday. The firm has a market cap of $18.46 million, a P/E ratio of -0.10 and a beta of 2.94. The company has a 50 day moving average of $0.27 and a 200-day moving average of $0.51. Hyzon Motors Inc. has a 12-month low of $0.07 and a 12-month high of $1.43.

Hyzon Motors (NASDAQ:HYZN) last announced its quarterly earnings data on Monday, May 13th. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.03. The firm had revenue of $9.98 million for the quarter, compared to the consensus estimate of $0.50 million. As a group, equities analysts expect that Hyzon Motors Inc. will post -0.58 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Hyzon Motors stock. Vanguard Group Inc. boosted its position in Hyzon Motors Inc. (NASDAQ:HYZN) by 1.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 3,745,622 shares of the company’s stock after acquiring an additional 48,833 shares during the period. Vanguard Group Inc. owned 1.53% of Hyzon Motors worth $2,760,000 as of its most recent SEC filing. 61.41% of the stock is currently owned by hedge funds and other institutional investors.

Hyzon Motors Company Profile

Hyzon Motors Inc supplies hydrogen fuel cell systems for decarbonization applications in various industries. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It also focuses primarily on assembling and converting hydrogen-powered FCEVs; and building and fostering a clean hydrogen supply ecosystem with partners and third parties from feedstock through hydrogen production, dispensing, and financing.