Tudor Investment Corp ET AL Makes New $1.36 Billion Investment in Lucid Group, Inc. $LCID

Key Points

• Tudor Investment Corp ET AL bought 57,250,000 shares of Lucid (≈$1.36 billion), giving it a roughly 17.66% ownership stake and making LCID its 19th-largest holding while representing about 0.8% of Tudor’s portfolio.
• Institutional ownership of Lucid is high (≈75.17%) and several hedge funds have added positions, but Wall Street sentiment is mixed-to-negative — the consensus rating is "Reduce" (average target ~$13.14) amid concerns about cash burn, rising costs and a 3.0 debt-to-equity ratio.
• Potential upside catalysts include Citi initiating coverage with a "Buy" and management’s roadmap for a midsize EV platform targeting an entry price below $50,000, though execution and liquidity remain key risks.

Tudor Investment Corp ET AL purchased a new position in shares of Lucid Group, Inc. (NASDAQ:LCID - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 57,250,000 shares of the company's stock, valued at approximately $1,361,978,000. Lucid Group accounts for about 0.8% of Tudor Investment Corp ET AL's portfolio, making the stock its 19th largest holding. Tudor Investment Corp ET AL owned 17.66% of Lucid Group as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Rockefeller Capital Management L.P. increased its stake in 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 acquiring an additional 34,116 shares during the last quarter. HBK Investments L P acquired a new position in shares of Lucid Group in the 2nd quarter valued at $2,658,000. Highbridge Capital Management LLC purchased a new position in shares of Lucid Group during the 2nd quarter worth $3,245,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Lucid Group during the 3rd quarter worth $2,248,000. Finally, Marex Group plc acquired a new stake in shares of Lucid Group during the 2nd quarter worth about $7,613,000. Hedge funds and other institutional investors own 75.17% of the company's stock.

More Lucid Group News

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

• Positive Sentiment: Citi initiated coverage with a "Buy" and $17 price target, signaling meaningful upside from current levels and giving investors a catalyst for renewed interest. Benzinga coverage of Citi initiation
• Positive Sentiment: Management outlined a midsize EV platform to underpin three forthcoming models (Lucid Cosmos, Lucid Earth and the Lunar robotaxi concept) with a targeted entry price below $50,000 — this roadmap could materially expand addressable market if execution holds. Benzinga: What's Going On With Lucid Group Stock
• Neutral Sentiment: Investor Day and management appearances (Bank of America summit) keep Lucid in the conversation and provide transparency on strategy and product timelines, but they’ve not yet resolved profitability or cash concerns. PR Newswire: Lucid to speak at BoA summit
• Neutral Sentiment: Coverage and commentary from outlets (Motley Fool, Kalkine) highlight both turnaround potential and mixed signals — useful for long-term thesis-building but not immediate proof of execution. Kalkine Media: Mixed Signals
• Negative Sentiment: Street consensus skews bearish: brokerages’ average recommendation is "Reduce," adding selling pressure and signaling limited near-term conviction among many analysts. American Banking News: Average "Reduce" recommendation
• Negative Sentiment: Recent market coverage notes the stock is underperforming the market and trading below key moving averages; investors remain focused on rising operating costs, cash burn and a high debt-to-equity profile — persistent execution or liquidity worries can keep the share price pressured. Yahoo Finance: LCID declines more than market
• Negative Sentiment: One press release in the feed appears to reference a different "Lucid Group" (healthcare communications) and is likely not relevant to LCID investors — watch for such noise in headlines to avoid misattribution. Yahoo: Appointment (likely different Lucid)

Lucid Group Price Performance

LCID opened at $9.95 on Thursday. The stock's 50-day moving average price is $10.38 and its 200 day moving average price is $14.54. Lucid Group, Inc. has a 12-month low of $9.12 and a 12-month high of $33.70. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of -0.82 and a beta of 1.12. The company has a current ratio of 1.25, a quick ratio of 0.83 and a debt-to-equity ratio of 3.00.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Morgan Stanley lowered shares of Lucid Group from a "buy" rating to an "underweight" rating and reduced their price objective for the company from $30.00 to $10.00 in a report on Monday, December 8th. Cantor Fitzgerald dropped their price target on shares of Lucid Group from $21.00 to $14.00 and set a "neutral" rating for the company in a research report on Wednesday, February 25th. Zacks Research raised 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 objective on shares of Lucid Group in a report on Tuesday, January 6th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and issued a $10.00 target price on shares of Lucid Group in a report on Wednesday, February 25th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Reduce" and an average target price 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.

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