GM Advisory Group LLC Sells 140,781 Shares of Lucid Group, Inc. $LCID

GM Advisory Group LLC reduced its stake in shares of Lucid Group, Inc. (NASDAQ:LCID) by 90.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,668 shares of the company’s stock after selling 140,781 shares during the quarter. GM Advisory Group LLC’s holdings in Lucid Group were worth $373,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. lifted its holdings in shares of Lucid Group by 11.1% during the second quarter. Rockefeller Capital Management L.P. now owns 340,533 shares of the company’s stock worth $719,000 after purchasing an additional 34,116 shares during the period. HBK Investments L P purchased a new position in Lucid Group during the 2nd quarter worth approximately $2,658,000. Highbridge Capital Management LLC purchased a new position in Lucid Group during the 2nd quarter worth approximately $3,245,000. Y Intercept Hong Kong Ltd acquired a new stake in Lucid Group during the 3rd quarter valued at approximately $2,248,000. Finally, Marex Group plc acquired a new stake in Lucid Group during the 2nd quarter valued at approximately $7,613,000. Institutional investors own 75.17% of the company’s stock.

Lucid Group News Summary

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

• Positive Sentiment: Citigroup started coverage with a “Buy” and a $17 price target, signaling institutional support and suggesting significant upside from current levels. Benzinga Coverage Note
• Positive Sentiment: Stifel reiterated a $17 12-month price target after Lucid’s March investor day, showing at least some sell-side confidence that the company’s strategy could translate into higher long-term value. Wall Street Price Target Update
• Positive Sentiment: Management outlined a new midsize EV platform intended to underpin three models (Cosmos, Earth and Lunar robotaxi concept) with a target starting price under $50,000 — a potential route to higher-volume, more affordable EVs if execution meets targets. Benzinga Product/Strategy Note
• Positive Sentiment: Lucid announced a first European dealer partnership in Germany (Wackenhut) to launch sales and service — a tangible step toward international expansion and improving distribution/service footprint. PR Newswire Dealer Partnership
• Neutral Sentiment: Lucid leadership spoke at Bank of America’s Global Automotive Summit, increasing visibility with institutional investors but with no new financial guidance announced. PR Newswire Summit Participation
• Neutral Sentiment: Coverage and commentaries note “mixed signals” from Lucid: credible tech and product roadmaps but uncertain near-term production and margins. These narratives are keeping investor attention but not resolving execution questions. Kalkine Media Analysis
• Negative Sentiment: Short-term share weakness: coverage noted LCID fell more than the market today, reflecting investor caution after recent announcements and ongoing volatility. Zacks Market Move
• Negative Sentiment: Major concerns persist around rising operating costs, high cash burn, heavy debt (high D/E) and very low production volumes — these factors could pressure near-term profitability and require additional capital. Zacks Investor Day Caveats
• Neutral Sentiment: Some articles referencing “Lucid Group” coverage (e.g., board appointment of a former Pfizer R&D leader) relate to a different company in healthcare services and are not about Lucid Motors (LCID); these are likely noise for LCID investors. Yahoo — Different Lucid Group

Lucid Group Price Performance

LCID opened at $9.95 on Thursday. The company has a debt-to-equity ratio of 3.00, a current ratio of 1.25 and a quick ratio of 0.83. The stock has a market capitalization of $3.26 billion, a P/E ratio of -0.82 and a beta of 1.12. The company’s 50 day simple moving average is $10.38 and its 200-day simple moving average is $14.54. Lucid Group, Inc. has a one year low of $9.12 and a one year high of $33.70.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Zacks Research upgraded shares of Lucid Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. Robert W. Baird set a $14.00 price target on shares of Lucid Group in a report on Tuesday, January 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lucid Group in a research report on Monday, December 29th. Citigroup initiated coverage on Lucid Group in a research note on Wednesday. They set a “buy” rating and a $17.00 price objective for the company. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $10.00 target price on shares of Lucid Group in a research note on Wednesday, February 25th. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $13.14.

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.