Lucid Group, Inc. $LCID Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its position in Lucid Group, Inc. (NASDAQ:LCID) by 70.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,691 shares of the company’s stock after selling 127,462 shares during the quarter. SG Americas Securities LLC’s holdings in Lucid Group were worth $512,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada increased its stake in Lucid Group by 9.5% during the first quarter. Royal Bank of Canada now owns 110,716 shares of the company’s stock worth $267,000 after purchasing an additional 9,578 shares during the period. AQR Capital Management LLC grew its holdings in shares of Lucid Group by 89.9% in the first quarter. AQR Capital Management LLC now owns 537,801 shares of the company’s stock valued at $1,226,000 after purchasing an additional 254,551 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Lucid Group by 103.2% in the first quarter. NewEdge Advisors LLC now owns 37,987 shares of the company’s stock valued at $92,000 after purchasing an additional 19,294 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Lucid Group by 112.0% in the first quarter. Goldman Sachs Group Inc. now owns 5,440,620 shares of the company’s stock valued at $13,166,000 after purchasing an additional 2,874,603 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in Lucid Group by 11.3% during the 1st quarter. Empowered Funds LLC now owns 110,844 shares of the company’s stock worth $268,000 after buying an additional 11,252 shares during the period. Institutional investors and hedge funds own 75.17% of the company’s stock.

Lucid Group Stock Down 2.8%

Shares of NASDAQ:LCID opened at $5.82 on Thursday. Lucid Group, Inc. has a fifty-two week low of $4.47 and a fifty-two week high of $33.70. The firm’s 50 day moving average price is $5.82 and its 200 day moving average price is $8.55. 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 stock has a market cap of $2.27 billion, a price-to-earnings ratio of -0.44 and a beta of 0.83.

Lucid Group News Roundup

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

• Positive Sentiment: Lucid strengthened its liquidity with an $800 million draw, which may reduce near-term funding risk. Lucid Group strengthens liquidity with $800 million draw
• Positive Sentiment: The company recently completed a leadership shake-up and restructuring that could improve execution and accountability. Lucid Group (LCID) Resets Leadership, Is It Still 21% Undervalued?
• Neutral Sentiment: Several law firms are reminding investors about the July 28 lead-plaintiff deadline in the LCID securities class action. LCID UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Lucid Group (LCID) Investors of Securities Class Action Lawsuit Deadline on July 28, 2026
• Neutral Sentiment: New class action filings and investor alerts keep legal overhang in focus for Lucid shares. Bronstein, Gewirtz & Grossman LLC Urges Lucid Group, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
• Negative Sentiment: The class action alleges Lucid misled investors about operational issues, including Gravity delivery disruptions and overstated manufacturing capability, which could weigh on sentiment. LCID INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Lucid Group, Inc. Investors – Holzer & Holzer, LLC Encourages Investors With Losses to Contact the Firm
• Negative Sentiment: Reports also point to broader EV-sector weakness and renewed concern about Lucid’s capital-intensive business model. Why Lucid Stock Dropped Today

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on LCID shares. TD Cowen reduced their target price on shares of Lucid Group from $10.00 to $7.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lucid Group in a research report on Wednesday, June 24th. Citigroup reiterated a “buy” rating and issued a $14.00 price objective (down from $17.00) on shares of Lucid Group in a research note on Friday, May 15th. Royal Bank Of Canada decreased their target price on Lucid Group from $10.00 to $8.00 and set a “sector perform” rating for the company in a report on Monday, April 13th. Finally, Benchmark cut Lucid Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 6th. One 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, the stock presently has an average rating of “Reduce” and an average price target of $9.67.

Lucid Group Company 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.