ExodusPoint Capital Management LP Purchases New Shares in Microvast Holdings, Inc. (NASDAQ:MVST)

Posted by Editorial Team on Apr 15th, 2025

ExodusPoint Capital Management LP acquired a new stake in Microvast Holdings, Inc. (NASDAQ:MVST – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 37,593 shares of the company’s stock, valued at approximately $78,000.

A number of other large investors have also modified their holdings of the company. LPL Financial LLC increased its stake in shares of Microvast by 559.0% in the 4th quarter. LPL Financial LLC now owns 272,455 shares of the company’s stock valued at $564,000 after purchasing an additional 231,109 shares in the last quarter. Charles Schwab Investment Management Inc. purchased a new stake in shares of Microvast in the fourth quarter valued at approximately $229,000. Wealthfront Advisers LLC acquired a new position in shares of Microvast during the 4th quarter worth approximately $135,000. Prudential Financial Inc. purchased a new position in shares of Microvast during the 4th quarter valued at approximately $55,000. Finally, IMG Wealth Management Inc. acquired a new stake in Microvast in the 4th quarter valued at $38,000. Institutional investors and hedge funds own 20.72% of the company’s stock.

Analysts Set New Price Targets

Separately, HC Wainwright reaffirmed a “buy” rating and set a $3.00 price objective on shares of Microvast in a report on Tuesday, April 8th.

Check Out Our Latest Stock Analysis on MVST

Microvast Price Performance

Shares of Microvast stock opened at $1.70 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.30 and a quick ratio of 0.83. The business has a 50 day simple moving average of $1.63 and a two-hundred day simple moving average of $1.28. The stock has a market capitalization of $552.86 million, a P/E ratio of -4.47 and a beta of 2.54. Microvast Holdings, Inc. has a 12 month low of $0.15 and a 12 month high of $2.87.

About Microvast

(Free Report)

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.