BlackRock Inc. Acquires New Position in Microvast Holdings, Inc. $MVST

Key Points

• BlackRock acquired 16.54 million Microvast shares worth approximately $19.35 million, giving it a 4.96% stake. Other institutions also increased their holdings, with institutional investors collectively owning 20.72% of MVST.
• Microvast faces ongoing securities-fraud litigation allegations related to gross-margin expectations, production capacity and the Huzhou Phase 3.2 project. The allegations are unproven but could create legal costs, damages exposure and further share-price volatility.
• MVST opened at $0.69, near its 12-month low, after quarterly revenue of $87.26 million fell short of the $94.40 million analyst estimate. Analysts have an average “Hold” rating and a $4.00 price target, while the company remains unprofitable.

BlackRock Inc. bought a new stake in Microvast Holdings, Inc. (NASDAQ:MVST - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 16,536,629 shares of the company's stock, valued at approximately $19,348,000. BlackRock Inc. owned about 4.96% of Microvast at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MVST. Millennium Management LLC boosted its position in Microvast by 101.6% in the 1st quarter. Millennium Management LLC now owns 4,646,060 shares of the company's stock valued at $5,436,000 after buying an additional 2,341,637 shares during the period. First Trust Advisors LP increased its position in shares of Microvast by 4,632.7% during the fourth quarter. First Trust Advisors LP now owns 2,088,304 shares of the company's stock worth $5,847,000 after acquiring an additional 2,044,179 shares during the period. Vanguard Group Inc. increased its position in shares of Microvast by 14.6% during the third quarter. Vanguard Group Inc. now owns 12,010,655 shares of the company's stock worth $46,241,000 after acquiring an additional 1,533,708 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Microvast by 125.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,363,006 shares of the company's stock valued at $3,542,000 after acquiring an additional 1,314,060 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Microvast by 349.0% in the second quarter. Bank of America Corp DE now owns 1,636,970 shares of the company's stock valued at $5,942,000 after acquiring an additional 1,272,420 shares in the last quarter. Hedge funds and other institutional investors own 20.72% of the company's stock.

More Microvast News

Here are the key news stories impacting Microvast this week:

• Neutral Sentiment: Several firms—including Rosen, Wolf Haldenstein, Levi & Korsinsky, Bernstein Liebhard, Kaplan Fox, Pomerantz, Portnoy, Faruqi & Faruqi, and others—are soliciting investors who purchased Microvast securities from April 1, 2025, through March 16, 2026. Investors have until September 21, 2026 to seek appointment as lead plaintiff. These announcements largely repeat the same underlying case rather than represent separate finalized judgments. Rosen Law Firm Microvast deadline announcement
• Negative Sentiment: The lawsuits allege that Microvast and certain executives made misleading statements about gross-margin expectations, production capacity and the Huzhou Phase 3.2 project, while operational delays, CFO turnover and inventory issues later contributed to investor losses. The allegations have not been proven in court, but the litigation creates potential legal costs, damages exposure and ongoing headline risk. Pomerantz Microvast class action announcement
• Negative Sentiment: The legal campaign adds to concerns surrounding Microvast’s fundamentals. The company recently reported quarterly revenue below analyst expectations and remains unprofitable, while its shares are trading well below both their 50-day and 200-day moving averages. Continued investor selling or additional disclosures could increase volatility in MVST.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MVST. Zacks Research upgraded shares of Microvast from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. HC Wainwright decreased their price objective on shares of Microvast to $4.00 and set a "buy" rating for the company in a research report on Thursday, August 13th. Finally, Weiss Ratings upgraded shares of Microvast from a "sell (d-)" rating to a "sell (d+)" rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Microvast currently has an average rating of "Hold" and an average target price of $4.00.

Insider Buying and Selling

In other Microvast news, CEO Yang Wu sold 46,313 shares of the firm's stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $1.24, for a total transaction of $57,428.12. Following the completion of the transaction, the chief executive officer directly owned 134,065,439 shares in the company, valued at approximately $166,241,144.36. This trade represents a 0.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 57,421 shares of company stock worth $70,543 in the last quarter. 44.80% of the stock is currently owned by insiders.

Microvast Trading Up 0.5%

Shares of MVST stock opened at $0.69 on Thursday. The business's 50 day moving average is $0.90 and its two-hundred day moving average is $1.43. Microvast Holdings, Inc. has a twelve month low of $0.68 and a twelve month high of $7.12. The company has a market capitalization of $266.71 million, a P/E ratio of -34.68 and a beta of 3.55. The company has a current ratio of 1.09, a quick ratio of 0.82 and a debt-to-equity ratio of 0.03.

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

Microvast Company 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.

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