Vanguard Group Inc. Lowers Position in Lucid Group, Inc. $LCID
Vanguard Group Inc. significantly reduced its stake in Lucid Group, Inc. by 89.8% in the third quarter of 2025, selling nearly 100 million shares and retaining approximately 3.70% of the company, valued at $270.24 million. This move comes as several analysts have downgraded LCID and lowered price targets, contributing to a MarketBeat consensus rating of "Reduce" with a target price of $19.71. Lucid Group's stock opened at $10.00 with a market cap of $3.24 billion, facing a negative P/E ratio and a high debt-to-equity ratio of 3.00, despite other institutional investors modestly increasing their positions.
https://www.marketbeat.com/instant-alerts/filing-vanguard-group-inc-lowers-position-in-lucid-group-inc-lcid-2026-03-01/