Virtu Financial LLC Purchases New Stake in Lucid Group, Inc. $LCID

Virtu Financial LLC acquired a new position in shares of Lucid Group, Inc. (NASDAQ:LCID) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 128,229 shares of the company’s stock, valued at approximately $1,355,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Tudor Investment Corp ET AL purchased a new position in shares of Lucid Group during the 3rd quarter worth $1,361,978,000. SG Americas Securities LLC grew its holdings in shares of Lucid Group by 65.9% in the fourth quarter. SG Americas Securities LLC now owns 181,153 shares of the company’s stock valued at $1,915,000 after purchasing an additional 71,966 shares during the period. Vanguard Group Inc. grew its holdings in shares of Lucid Group by 6.2% in the fourth quarter. Vanguard Group Inc. now owns 12,061,286 shares of the company’s stock valued at $127,488,000 after purchasing an additional 701,826 shares during the period. Calamos Advisors LLC acquired a new stake in Lucid Group during the fourth quarter worth about $1,586,000. Finally, California Public Employees Retirement System increased its position in Lucid Group by 26.8% during the second quarter. California Public Employees Retirement System now owns 1,773,188 shares of the company’s stock worth $3,741,000 after purchasing an additional 374,746 shares during the last quarter. Institutional investors and hedge funds own 75.17% of the company’s stock.

Lucid Group News Summary

Here are the key news stories impacting Lucid Group this week:

• Negative Sentiment: Lucid is facing a securities fraud class action and repeated investor alerts, which can weigh on sentiment and raise legal-risk concerns for shareholders. Bronstein, Gewirtz & Grossman LLC Urges Lucid Group, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
• Negative Sentiment: Several firms, including Rosen, The Gross Law Firm, Schall, Pomerantz, Berger Montague, and others, are advertising lead-plaintiff deadlines, underscoring that the litigation is active and may keep attention on Lucid’s alleged disclosure issues. LCID Shareholder Alert: July 28, 2026 Lead Plaintiff Deadline in Lucid Group, Inc. Securities Class Action – Contact The Gross Law Firm
• Neutral Sentiment: Separately, Lucid announced a partnership with Uber and Nuro to deploy autonomous robo-taxis in Houston starting in 2027, which could be strategically positive long term but is too early to materially offset the legal overhang today. Lucid (LCID) Teams Up With Uber And Nuro For Houston Robo Taxis

Analyst Upgrades and Downgrades

LCID has been the topic of several recent analyst reports. Citigroup reiterated a “buy” rating and issued a $14.00 target price (down from $17.00) on shares of Lucid Group in a report on Friday, May 15th. Bank of America assumed coverage on shares of Lucid Group in a research report on Wednesday, March 4th. They set an “underperform” rating and a $10.00 price target on the stock. Cantor Fitzgerald reiterated a “neutral” rating and issued a $14.00 price objective on shares of Lucid Group in a report on Monday, May 4th. Morgan Stanley set a $5.00 price objective on Lucid Group in a research report on Wednesday, May 6th. Finally, Zacks Research raised Lucid Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lucid Group currently has a consensus rating of “Reduce” and an average target price of $9.67.

Lucid Group Price Performance

Shares of NASDAQ LCID opened at $5.36 on Friday. The company has a quick ratio of 0.48, a current ratio of 1.02 and a debt-to-equity ratio of 3.00. The business’s 50 day moving average is $6.24 and its two-hundred day moving average is $9.18. Lucid Group, Inc. has a 52-week low of $4.47 and a 52-week high of $33.70. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of -0.41 and a beta of 0.89.

Lucid Group (NASDAQ:LCID) last released its quarterly earnings results on Tuesday, May 5th. The company reported ($2.82) EPS for the quarter, missing the consensus estimate of ($2.53) by ($0.29). Lucid Group had a negative return on equity of 304.01% and a negative net margin of 248.09%.The firm had revenue of $282.46 million for the quarter, compared to analysts’ expectations of $358.46 million. During the same quarter in the prior year, the business earned ($0.20) earnings per share. The company’s quarterly revenue was up 20.2% on a year-over-year basis. Research analysts predict that Lucid Group, Inc. will post -10.75 EPS for the current year.

Lucid Group Profile

Lucid Group, Inc is a California-based electric vehicle manufacturer specializing in the design, engineering and production of luxury electric sedans. Its flagship model, the Lucid Air, features a proprietary battery and powertrain architecture that emphasizes energy efficiency, extended driving range and high performance. In addition to passenger vehicles, Lucid offers charging solutions and software-enabled services aimed at optimizing the ownership experience and accelerating adoption of zero-emission transportation.

The company was founded in 2007 under the name Atieva, initially focusing on battery technology and electric powertrains for other automakers before transitioning to its own branded vehicles.