Insider Trading January 29, 2026

Microvast CFO Disposes Small Stake as Company Posts Strong Q3 Results

Rodney Worthen sold 2,671 shares; firm reports record quarterly revenue and an analyst raises its price target

By Marcus Reed MVST
Microvast CFO Disposes Small Stake as Company Posts Strong Q3 Results
MVST

Microvast Holdings' Chief Financial Officer, Rodney Worthen, sold 2,671 shares on November 25, 2025, for $3.48 each, totaling $9,295. SEC filings show he also received restricted stock unit grants totaling 100,714 shares across August 10, 2025 and January 9, 2026. Separately, Microvast reported record third-quarter 2025 revenue of $123.3 million and an improved gross profit margin; Cantor Fitzgerald kept an Overweight rating and increased its price target to $7.00 based on a 3.8x EV/revenue multiple applied to a 2026 revenue estimate of $525 million.

Key Points

  • Microvast CFO Rodney Worthen sold 2,671 shares on November 25, 2025 at $3.48 per share, totaling $9,295.
  • Worthen also received restricted stock unit grants of 15,000 shares on August 10, 2025 and 85,714 shares on January 9, 2026.
  • Microvast reported record third-quarter 2025 revenue of $123.3 million (up 21.6% year-over-year) and a gross profit margin of 37.6% (up 4.4 percentage points); Cantor Fitzgerald maintained an Overweight rating and raised its price target from $5.00 to $7.00 based on a 3.8x EV/revenue multiple applied to a 2026 revenue estimate of $525 million.

Microvast Holdings, Inc. (NASDAQ:MVST) recorded a small insider sale late last year when Chief Financial Officer Rodney Worthen sold 2,671 shares of common stock on November 25, 2025. The transaction price was $3.48 per share, producing gross proceeds of $9,295, according to a Form 4 filing with the Securities and Exchange Commission.

The same SEC filing documents that Worthen received equity grants earlier and later in the reporting window. He acquired 15,000 shares on August 10, 2025 and 85,714 shares on January 9, 2026, both through awards of restricted stock units. The filings show these movements in Worthen's holdings without additional commentary from company management.


Quarterly results and analyst view

Meanwhile, Microvast disclosed robust third-quarter 2025 financial performance. Reported revenue for the quarter reached $123.3 million, a year-over-year increase of 21.6% compared with the same period in the prior year. The company's gross profit margin improved to 37.6%, a rise of 4.4 percentage points from the comparable quarter.

On the analyst front, Cantor Fitzgerald retained its Overweight rating on Microvast and raised its price target from $5.00 to $7.00. The firm’s revised target is calculated by applying a 3.8x enterprise value-to-revenue multiple to Microvast’s projected 2026 revenue of $525 million. Cantor Fitzgerald’s valuation positions Microvast at a 2% premium relative to its battery peer group in the firm’s assessment.


Context and factual limits

The transactions and financial figures reported above come from the company's public filings and disclosures cited in the SEC Form 4 and the company’s reported quarterly results. The analyst valuation and rating are presented as Cantor Fitzgerald stated them, including the multiple and revenue estimate used to derive the $7.00 price target. No additional commentary or causation beyond these stated facts is provided in the filings referenced.

This account reports the sequence of the insider sale, the restricted stock unit grants, quarterly financial metrics, and the analyst update as disclosed in the filings and reports cited.

Risks

  • Insider sale documented in the SEC filing - the sale was small in dollar terms, but it is an observable change in insider holdings that market participants may note; this is a matter of corporate disclosure rather than an explicit indicator of company performance.
  • Cantor Fitzgerald’s $7.00 price target relies on a 2026 revenue estimate of $525 million and a 3.8x EV/revenue multiple; the target’s logic depends directly on that revenue projection and the chosen multiple.
  • Analyst valuation places Microvast at a 2% premium to its battery peer group in Cantor Fitzgerald’s assessment, which highlights sensitivity to peer-group comparisons and relative valuation assumptions.

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