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

SG Americas Securities LLC lowered its holdings in Lucid Group, Inc. (NASDAQ:LCID) by 70.4% during the first quarter, HoldingsChannel reports. The fund owned 53,691 shares of the company’s stock after selling 127,462 shares during the period. SG Americas Securities LLC’s holdings in Lucid Group were worth $512,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in LCID. J. Derek Lewis & Associates Inc. purchased a new stake in Lucid Group during the fourth quarter worth approximately $158,000. Corient Private Wealth LLC purchased a new position in Lucid Group in the fourth quarter valued at approximately $118,000. Caitong International Asset Management Co. Ltd purchased a new position in Lucid Group in the fourth quarter valued at approximately $77,000. Alpine Global Management LLC raised its holdings in Lucid Group by 561.7% during the fourth quarter. Alpine Global Management LLC now owns 16,160 shares of the company’s stock worth $171,000 after purchasing an additional 19,660 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Lucid Group during the fourth quarter worth approximately $1,355,000. Institutional investors and hedge funds own 75.17% of the company’s stock.

Key Headlines Impacting Lucid Group

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

LCID has been the subject of several research analyst reports. Benchmark cut shares of Lucid Group from a “buy” rating to a “hold” rating in a report on Wednesday, May 6th. Royal Bank Of Canada reduced their price target on shares of Lucid Group from $10.00 to $8.00 and set a “sector perform” rating for the company in a research report on Monday, April 13th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $14.00 price objective on shares of Lucid Group in a report on Monday, May 4th. Evercore set a $6.00 target price on Lucid Group in a research report on Monday, May 11th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Lucid Group in a report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Lucid Group currently has a consensus rating of “Reduce” and an average price target of $9.67.

Lucid Group Stock Down 2.8%

LCID stock opened at $5.82 on Thursday. Lucid Group, Inc. has a one year low of $4.47 and a one year high of $33.70. The stock has a market capitalization of $2.27 billion, a PE ratio of -0.44 and a beta of 0.83. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.48 and a current ratio of 1.02. The company has a fifty day moving average of $5.82 and a 200-day moving average of $8.55.

About Lucid Group

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.