HLNE
Hamilton Lane Incorporated Financial Services - Asset Management Investor Relations →
Hamilton Lane Incorporated (HLNE) closed at $131.72 as of 2026-02-02, trading 20.1% above its 200-week moving average of $109.67. The stock is currently moving closer to the line, down from 29.2% last week. The 14-week RSI sits at 61, indicating neutral momentum.
Over the past 418 weeks of data, HLNE has crossed below its 200-week moving average 9 times. On average, these episodes lasted 3 weeks. Historically, investors who bought HLNE at the start of these episodes saw an average one-year return of +45.7%.
With a market cap of $7.4 billion, HLNE is a mid-cap stock. The company generates a free cash flow yield of 3.1%. Return on equity stands at 31.7%, indicating strong profitability. The stock trades at 6.6x book value.
Share count has increased 16.7% over three years, indicating dilution. HLNE passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 8.1 years, a hypothetical investment of $100 in HLNE would have grown to $435, compared to $288 for the S&P 500. That represents an annualized return of 20.0% vs 14.0% for the index — confirming HLNE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 21.5% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: HLNE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HLNE Crosses Below the Line?
Across 9 historical episodes, buying HLNE when it crossed below its 200-week moving average produced an average return of +46.9% after 12 months (median +55.0%), compared to +19.9% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +119.4% vs +45.8% for the index.
Each line shows $100 invested at the moment HLNE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HLNE has crossed below its 200-week MA 9 times with an average 1-year return of +45.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 2022 | May 2022 | 2 | 2.3% | +0.9% | +116.4% |
| Jun 2022 | Jun 2022 | 1 | 3.8% | +24.7% | +120.5% |
| Jul 2022 | Jul 2022 | 1 | 0.7% | +30.3% | +112.0% |
| Aug 2022 | Sep 2022 | 1 | 1.0% | +42.1% | +108.9% |
| Sep 2022 | Nov 2022 | 7 | 15.3% | +41.5% | +116.1% |
| Dec 2022 | Jan 2023 | 4 | 8.3% | +65.6% | +107.0% |
| Mar 2023 | Mar 2023 | 2 | 8.1% | +68.7% | +111.7% |
| Apr 2023 | Apr 2023 | 1 | 0.5% | +62.2% | +94.3% |
| May 2023 | Jun 2023 | 5 | 10.5% | +75.2% | +104.6% |
| Average | 3 | — | +45.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02