555,914 Lucid Group, Inc. $LCID Shares Sold by Context Capital Management LLC

Context Capital Management LLC trimmed its position in shares of Lucid Group, Inc. (NASDAQ:LCID) by 93.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,180 shares of the company’s stock after selling 555,914 shares during the period. Context Capital Management LLC’s holdings in Lucid Group were worth $168,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of LCID. IFP Advisors Inc increased its position in Lucid Group by 1,231.3% in the 2nd quarter. IFP Advisors Inc now owns 3,781 shares of the company’s stock worth $25,000 after purchasing an additional 3,497 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Lucid Group by 249.9% during the 2nd quarter. Allworth Financial LP now owns 4,010 shares of the company’s stock valued at $27,000 after buying an additional 2,864 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Lucid Group by 1,574.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,914 shares of the company’s stock valued at $28,000 after buying an additional 2,740 shares during the last quarter. Nykredit A S acquired a new stake in shares of Lucid Group during the 2nd quarter valued at about $47,000. Finally, Brighton Jones LLC bought a new stake in shares of Lucid Group in the 3rd quarter valued at approximately $72,000. Institutional investors and hedge funds own 75.17% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on LCID shares. Weiss Ratings restated a “sell (e+)” rating on shares of Lucid Group in a report on Monday, September 21st. Citigroup reduced their target price on shares of Lucid Group from $14.00 to $11.00 and set a “buy” rating for the company in a research note on Wednesday, August 19th. Needham & Company LLC reiterated a “hold” rating on shares of Lucid Group in a research note on Tuesday. TD Cowen reissued a “hold” rating and issued a $4.00 target price (down from $7.00) on shares of Lucid Group in a research report on Tuesday. Finally, Cantor Fitzgerald dropped their price target on shares of Lucid Group from $8.00 to $6.00 and set a “neutral” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Lucid Group currently has an average rating of “Reduce” and an average price target of $7.33.

Lucid Group Price Performance

Shares of NASDAQ:LCID opened at $3.77 on Wednesday. Lucid Group, Inc. has a fifty-two week low of $2.37 and a fifty-two week high of $17.40. The business has a 50-day moving average of $3.81 and a two-hundred day moving average of $6.65. The stock has a market capitalization of $1.49 billion, a P/E ratio of -0.29 and a beta of 0.80.

Lucid Group (NASDAQ:LCID) last released its quarterly earnings results on Monday, November 9th. The company reported ($2.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.27) by ($0.03). The company had revenue of $350.32 million for the quarter, compared to the consensus estimate of $395.67 million. Lucid Group had a negative return on equity of 1,391.51% and a negative net margin of 253.58%. The business’s revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the company posted ($2.65) EPS. As a group, research analysts expect that Lucid Group, Inc. will post -12.15 EPS for the current fiscal year.

Key Stories Impacting Lucid Group

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

• Positive Sentiment: Lucid expanded its credit facility with its largest shareholder, Saudi Arabia’s Public Investment Fund, by $1.75 billion. The move lifts pro forma liquidity to about $3.75 billion and is expected to fund operations into the fourth quarter of 2027, giving the company more time to pursue its vehicle plans. Lucid expands PIF credit facility
• Positive Sentiment: Lucid reported that quarterly cash consumption fell 30% sequentially, while management said its operational transformation is progressing. Investors appear focused on the improved cash discipline despite the earnings shortfall. Why Lucid Stock Keeps Going Up
• Positive Sentiment: The company is expanding its service footprint, and global service wait times declined 20% in the third quarter—potentially supporting customer experience as Lucid grows. Lucid expands service network
• Neutral Sentiment: RBC sees early progress in Lucid’s operational reset but identifies execution as the central risk. The additional financing also comes with conditions, so the company’s ability to sustain its turnaround remains important. RBC on Lucid’s operational reset
• Negative Sentiment: Third-quarter results missed consensus: Lucid reported a $2.30 per-share loss versus an expected $2.27 loss, and revenue of $350.3 million versus estimates of about $395.7 million. Revenue was up 4.1% year over year, but the miss and continued losses underscore the challenge of converting the reset into stronger growth. Lucid misses Wall Street’s expectations
• Negative Sentiment: Cantor Fitzgerald and Robert W. Baird both lowered their price targets and maintained neutral ratings, reflecting analyst caution after earnings. Cantor Fitzgerald rating information

Lucid Group Company Profile

Lucid Group, Inc. designs, engineers and manufactures electric vehicles and related technologies. Its lineup includes the Lucid Air luxury electric sedan and the Lucid Gravity luxury SUV, which combine electric powertrains with software and battery systems developed by the company. The company was founded in 2007 as Atieva, initially focusing on electric-vehicle battery technology, and adopted the Lucid Motors name in 2016 as it expanded into vehicle development. Lucid is headquartered in Newark, California, and manufactures vehicles in Arizona, with additional production and assembly operations in Saudi Arabia.