Legal & General Group Plc Takes Position in Microvast Holdings, Inc. $MVST

Legal & General Group Plc acquired a new stake in shares of Microvast Holdings, Inc. (NASDAQ:MVST) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 8,279,518 shares of the company’s stock, valued at approximately $9,687,000.

Several other hedge funds also recently bought and sold shares of MVST. Dimensional Fund Advisors LP lifted its stake in Microvast by 125.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,363,006 shares of the company’s stock worth $3,542,000 after purchasing an additional 1,314,060 shares in the last quarter. Hsbc Holdings PLC grew its position in shares of Microvast by 95.0% during the 1st quarter. Hsbc Holdings PLC now owns 62,234 shares of the company’s stock valued at $93,000 after purchasing an additional 30,321 shares in the last quarter. Swiss National Bank grew its position in shares of Microvast by 2.9% during the 1st quarter. Swiss National Bank now owns 422,000 shares of the company’s stock valued at $633,000 after purchasing an additional 11,900 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Microvast by 11.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 54,060 shares of the company’s stock valued at $79,000 after purchasing an additional 5,547 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of Microvast by 423.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 23,703 shares of the company’s stock worth $66,000 after purchasing an additional 19,173 shares during the period. Hedge funds and other institutional investors own 20.72% of the company’s stock.

Microvast Trading Down 3.9%

Shares of Microvast stock opened at $0.69 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.09 and a quick ratio of 0.82. Microvast Holdings, Inc. has a 1 year low of $0.68 and a 1 year high of $7.12. The firm has a market cap of $265.40 million, a PE ratio of -34.51 and a beta of 3.55. The company has a 50 day simple moving average of $0.91 and a two-hundred day simple moving average of $1.44.

Microvast (NASDAQ:MVST) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($0.01) EPS for the quarter. The company had revenue of $87.26 million during the quarter, compared to the consensus estimate of $94.40 million. Microvast had a negative return on equity of 10.34% and a net margin of 13.95%. Analysts expect that Microvast Holdings, Inc. will post -0.05 earnings per share for the current fiscal year.

Analyst Ratings Changes

MVST has been the topic of a number of recent analyst reports. Zacks Research upgraded Microvast from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. HC Wainwright reduced their target price on Microvast to $4.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Finally, Weiss Ratings upgraded Microvast from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $4.00.

Key Microvast News

Here are the key news stories impacting Microvast this week:

• Negative Sentiment: Multiple law firms are publicizing a securities class action against Microvast and certain officers. The lawsuit covers investors who purchased securities between April 1, 2025, and March 16, 2026, and alleges violations of federal securities laws. The allegations reportedly involve statements concerning gross margins and the company’s Huzhou Phase 3.2 project. Pomerantz class action announcement
• Negative Sentiment: The growing number of investor-law-firm notices increases visibility around the litigation and could damage investor confidence. Investors have until September 21, 2026, to seek appointment as lead plaintiff; this deadline is procedural and does not establish that Microvast committed wrongdoing. Portnoy class action notice
• Negative Sentiment: Microvast also received a Nasdaq non-compliance notice, raising the possibility of delisting if the company cannot regain compliance. Delisting risk can reduce institutional participation, liquidity and the stock’s appeal to investors. Microvast Nasdaq non-compliance report
• Neutral Sentiment: The legal announcements largely repeat the same previously filed class-action allegations and lead-plaintiff deadline rather than reporting a new financial result, settlement or court ruling. Microvast’s latest reported quarter showed revenue below analyst expectations and a loss per share, adding to the broader risk backdrop.

Insider Transactions at Microvast

In related news, CEO Yang Wu sold 46,313 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $1.24, for a total value of $57,428.12. Following the transaction, the chief executive officer owned 134,065,439 shares of the company’s stock, valued at $166,241,144.36. This represents a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 57,421 shares of company stock valued at $70,543 in the last ninety days. 44.80% of the stock is currently owned by insiders.

Microvast Profile

Microvast Holdings, Inc, traded on NASDAQ under the symbol MVST, is a global provider of advanced lithium-ion battery solutions for transportation and stationary energy storage applications. The company designs, develops and manufactures a range of battery cells, modules and packs tailored to electric buses, commercial vehicles, passenger cars and grid storage systems. Its technology emphasizes fast charging, long cycle life and high energy density to meet stringent performance requirements in demanding operating environments.

Founded in 2006, Microvast has established a vertically integrated platform that spans research and development, pilot production and full-scale manufacturing.