Rhumbline Advisers Purchases 87,907 Shares of Lucid Group, Inc. $LCID
Rhumbline Advisers increased its stake in Lucid Group, Inc. by 10.8% in the second quarter, acquiring an additional 87,907 shares to hold a total of 902,632 shares valued at $1.905 million. Despite this, institutional investors collectively own about 75.17% of LCID, with other significant holders including Vanguard Group Inc. and Swiss National Bank. Lucid Group continues to face challenges, having missed quarterly earnings and revenue estimates, remaining unprofitable, and carrying a consensus "Reduce" rating with a target price of $21.54 from analysts.
https://www.marketbeat.com/instant-alerts/filing-rhumbline-advisers-purchases-87907-shares-of-lucid-group-inc-lcid-2025-12-10/