Rivian Automotive (NASDAQ:RIVN) CEO Sells $303,960.00 in Stock

Rivian Automotive, Inc. (NASDAQ:RIVN) CEO Robert Scaringe sold 20,264 shares of the stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $15.00, for a total value of $303,960.00. Following the completion of the sale, the chief executive officer owned 1,022,584 shares of the company’s stock, valued at approximately $15,338,760. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rivian Automotive Stock Performance

Shares of RIVN opened at $15.40 on Friday. The stock’s 50-day moving average is $15.34 and its two-hundred day moving average is $15.94. The stock has a market cap of $19.11 billion, a PE ratio of -5.02 and a beta of 1.69. Rivian Automotive, Inc. has a 12 month low of $10.36 and a 12 month high of $22.69. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.33 and a quick ratio of 1.89.

Rivian Automotive (NASDAQ:RIVN) last posted its earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.54) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.14. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.27 billion. Rivian Automotive had a negative return on equity of 65.05% and a negative net margin of 67.68%.The company’s revenue for the quarter was down 25.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.70) earnings per share. Equities analysts forecast that Rivian Automotive, Inc. will post -3.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on RIVN shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rivian Automotive in a research note on Thursday, January 22nd. Bank of America started coverage on shares of Rivian Automotive in a research note on Wednesday, March 4th. They issued an “underperform” rating and a $14.00 target price for the company. Wedbush reaffirmed an “outperform” rating and set a $25.00 price target on shares of Rivian Automotive in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft upgraded shares of Rivian Automotive from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $16.00 to $23.00 in a report on Friday, February 13th. Finally, Leerink Partners reissued an “outperform” rating on shares of Rivian Automotive in a research report on Thursday, March 12th. Eleven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $18.05.

Hedge Funds Weigh In On Rivian Automotive

Several institutional investors and hedge funds have recently made changes to their positions in RIVN. Farther Finance Advisors LLC increased its position in shares of Rivian Automotive by 227.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 117,096 shares of the electric vehicle automaker’s stock worth $1,719,000 after purchasing an additional 81,291 shares during the last quarter. Y Intercept Hong Kong Ltd raised its stake in shares of Rivian Automotive by 244.1% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 1,624,707 shares of the electric vehicle automaker’s stock valued at $23,851,000 after purchasing an additional 1,152,551 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Rivian Automotive by 211.0% during the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 265,600 shares of the electric vehicle automaker’s stock worth $3,899,000 after purchasing an additional 180,200 shares during the last quarter. New York State Common Retirement Fund lifted its position in shares of Rivian Automotive by 36.4% during the third quarter. New York State Common Retirement Fund now owns 597,353 shares of the electric vehicle automaker’s stock worth $8,769,000 after purchasing an additional 159,400 shares during the last quarter. Finally, DNB Asset Management AS grew its stake in Rivian Automotive by 85.4% in the third quarter. DNB Asset Management AS now owns 728,262 shares of the electric vehicle automaker’s stock worth $10,691,000 after purchasing an additional 335,511 shares in the last quarter. 66.25% of the stock is currently owned by hedge funds and other institutional investors.

Rivian Automotive News Roundup

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: Rivian reported Q1 production of 10,236 and deliveries of 10,365 vehicles, beating Street delivery estimates and reaffirming full‑year 2026 guidance of 62k–67k vehicles — evidence demand is stabilizing and management is sticking to its plan. Rivian Releases Q1 2026 Production and Delivery Figures
• Positive Sentiment: Coverage highlighting Rivian outpacing Tesla on this specific delivery metric and commentary that the company is undervalued helped some investors view the beat as a validation of the turnaround thesis. Tesla Stumbles As Rivian Gains Q1 Edge
• Positive Sentiment: Rivian’s ecosystem benefits: a Rivian spinoff (Also) closed a $200M Series C with DoorDash partnership — potentially broadening long‑term commercial/autonomy opportunities around Rivian tech and supply chain. Rivian spinout EV start-up raises $200m
• Neutral Sentiment: DA Davidson upgraded RIVN from Underperform to Neutral — an improved tone but with a modest price target that implies limited near‑term upside; helpful for sentiment but not a strong buy signal. DA Davidson Upgrade
• Negative Sentiment: CEO Robert Scaringe sold 20,264 shares (~$304k) under a pre‑arranged Rule 10b5‑1 plan; while disclosed as pre‑planned, insider selling can create short‑term investor concern about insider conviction. Insider Sale: Robert Scaringe
• Negative Sentiment: Some reports flagged that U.S. monthly sales declined for the fourth straight month ahead of the upcoming R2 launch — a reminder demand recovery remains uneven despite the quarterly beat. US sales decline for fourth consecutive month
• Negative Sentiment: Despite the delivery beat, the stock fell with EV peers on the day — indicating valuation and macro/sector rotation pressures likely capped upside from the operational beat. Rivian tops delivery estimates, sticks to 2026 outlook

About Rivian Automotive

Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.

Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.