8,279,518 Shares in Microvast Holdings, Inc. $MVST Purchased by Legal & General Group Plc

Key Points

• Legal & General Group Plc acquired 8.28 million Microvast shares worth approximately $9.7 million, giving it a 2.15% stake. Other institutions, including BlackRock, Vanguard and Millennium Management, also increased or initiated positions; institutional investors collectively own 20.72% of the company.
• Microvast faces significant risks, including multiple securities class-action notices and a Nasdaq non-compliance warning that could lead to delisting. The company’s latest quarter also missed revenue expectations, reporting $87.26 million in revenue versus $94.40 million expected and a loss of $0.01 per share.
• MVST opened at $0.69, near its 12-month low of $0.68, while analysts maintain a consensus “Hold” rating and a $4.00 price target. CEO Yang Wu sold a small number of shares to cover tax obligations but continues to own roughly 134.1 million shares.

Legal & General Group Plc purchased a new stake in shares of Microvast Holdings, Inc. (NASDAQ:MVST - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,279,518 shares of the company's stock, valued at approximately $9,687,000. Legal & General Group Plc owned 2.15% of Microvast as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Microvast in the second quarter worth about $19,348,000. Vanguard Group Inc. grew its position in shares of Microvast by 14.6% during the 3rd quarter. Vanguard Group Inc. now owns 12,010,655 shares of the company's stock valued at $46,241,000 after acquiring an additional 1,533,708 shares during the period. Geode Capital Management LLC grew its position in shares of Microvast by 4.6% during the 4th quarter. Geode Capital Management LLC now owns 4,842,635 shares of the company's stock valued at $13,561,000 after acquiring an additional 212,228 shares during the period. Millennium Management LLC increased its stake in shares of Microvast by 101.6% during the 1st quarter. Millennium Management LLC now owns 4,646,060 shares of the company's stock worth $5,436,000 after purchasing an additional 2,341,637 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Microvast by 31.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,859,317 shares of the company's stock worth $10,806,000 after purchasing an additional 927,013 shares during the period. Hedge funds and other institutional investors own 20.72% of the company's stock.

Insider Transactions at Microvast

In other news, CEO Yang Wu sold 46,313 shares of the firm's 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 completion of the transaction, the chief executive officer directly owned 134,065,439 shares of the company's stock, valued at $166,241,144.36. This trade 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 at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 57,421 shares of company stock worth $70,543. Insiders own 44.80% of the company's stock.

More 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.

Microvast Price Performance

MVST opened at $0.69 on Wednesday. The firm has a 50-day moving average price of $0.91 and a 200-day moving average price of $1.44. Microvast Holdings, Inc. has a twelve month low of $0.68 and a twelve month high of $7.12. The company has a quick ratio of 0.82, a current ratio of 1.09 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $265.40 million, a price-to-earnings ratio of -34.51 and a beta of 3.55.

Microvast (NASDAQ:MVST - Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.01) EPS for the quarter. The business had revenue of $87.26 million for the quarter, compared to analysts' expectations of $94.40 million. Microvast had a net margin of 13.95% and a negative return on equity of 10.34%. Equities analysts expect that Microvast Holdings, Inc. will post -0.05 EPS for the current year.

Wall Street Analysts Forecast Growth

MVST has been the topic of several research analyst reports. HC Wainwright dropped their price objective on Microvast to $4.00 and set a "buy" rating on the stock in a research note on Thursday, August 13th. Weiss Ratings upgraded Microvast from a "sell (d-)" rating to a "sell (d+)" rating in a research note on Tuesday, August 11th. Finally, Zacks Research raised Microvast from a "strong sell" rating to a "hold" rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Microvast presently has a consensus rating of "Hold" and a consensus target price of $4.00.

About Microvast

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.

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