Insider Selling: Rivian Automotive (NASDAQ:RIVN) CFO Sells $184,410.00 in Stock

Rivian Automotive, Inc. (NASDAQ:RIVN) CFO Claire Mcdonough sold 10,245 shares of Rivian Automotive stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $18.00, for a total value of $184,410.00. Following the completion of the sale, the chief financial officer owned 946,814 shares of the company’s stock, valued at $17,042,652. The trade was a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Claire Mcdonough also recently made the following trade(s):

• On Wednesday, February 18th, Claire Mcdonough sold 27,133 shares of Rivian Automotive stock. The shares were sold at an average price of $16.80, for a total value of $455,834.40.

Rivian Automotive Stock Performance

RIVN stock opened at $16.52 on Monday. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.33 and a quick ratio of 1.89. The business has a 50-day moving average price of $15.72 and a 200 day moving average price of $16.13. The company has a market capitalization of $20.50 billion, a P/E ratio of -5.38 and a beta of 1.69. Rivian Automotive, Inc. has a 1-year low of $11.57 and a 1-year high of $22.69.

Rivian Automotive (NASDAQ:RIVN) last released its quarterly earnings data on Thursday, February 12th. The electric vehicle automaker reported ($0.54) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.14. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.27 billion. Rivian Automotive had a negative return on equity of 65.05% and a negative net margin of 67.68%.The firm’s quarterly revenue was down 25.8% on a year-over-year basis. During the same period in the previous year, the company posted ($0.70) earnings per share. As a group, equities research analysts forecast that Rivian Automotive, Inc. will post -3.04 EPS for the current fiscal year.

Hedge Funds Weigh In On Rivian Automotive

Large investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its holdings in Rivian Automotive by 227.0% in the third 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 in the last quarter. Y Intercept Hong Kong Ltd raised its holdings in Rivian Automotive by 244.1% in the third quarter. Y Intercept Hong Kong Ltd now owns 1,624,707 shares of the electric vehicle automaker’s stock worth $23,851,000 after purchasing an additional 1,152,551 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake 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 acquiring an additional 180,200 shares during the last quarter. New York State Common Retirement Fund grew its stake 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 acquiring an additional 159,400 shares during the last quarter. Finally, DNB Asset Management AS grew its stake in shares of Rivian Automotive by 85.4% during the third quarter. DNB Asset Management AS now owns 728,262 shares of the electric vehicle automaker’s stock worth $10,691,000 after acquiring an additional 335,511 shares during the last quarter. 66.25% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on RIVN shares. DA Davidson upgraded Rivian Automotive from an “underperform” rating to a “neutral” rating and set a $14.00 price objective for the company in a report on Wednesday, April 1st. Bank of America started coverage on Rivian Automotive in a report on Wednesday, March 4th. They issued an “underperform” rating and a $14.00 price objective for the company. UBS Group upgraded Rivian Automotive from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $15.00 to $16.00 in a report on Friday, February 13th. Tigress Financial restated a “buy” rating and issued a $25.00 price objective on shares of Rivian Automotive in a report on Friday, April 10th. Finally, Wall Street Zen upgraded shares of Rivian Automotive from a “strong sell” rating to a “sell” rating in a report on Saturday, April 18th. Eleven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Rivian Automotive currently has a consensus rating of “Hold” and a consensus price target of $18.05.

More Rivian Automotive News

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

• Positive Sentiment: R2 production milestone — Rivian announced a new production milestone for the R2 at its Normal, Illinois plant, signaling that the lower-cost SUV is moving into volume manufacturing, which supports revenue scale and long-term margin improvement. Rivian Just Hit a New Production Milestone. Does That Make RIVN Stock a Buy?
• Positive Sentiment: Plant resilience and R2 ramp after tornado — Rivian confirmed full R2 production resumed quickly after a tornado hit the Normal facility, a positive signal on operations continuity and execution risk. That operational resilience helped recent momentum in the shares. Rivian Automotive (RIVN) Valuation Check As R2 SUV Production Advances After Illinois Tornado
• Positive Sentiment: Battery second-life project with Redwood — Rivian and Redwood Materials are deploying second-life EV battery packs for on-site energy storage at the Normal plant, which could lower operating costs, improve plant energy resilience and strengthen ESG credibility. Rivian Taps Second Life Batteries For Plant Storage And Investor Questions
• Neutral Sentiment: Analyst mix: consensus ‘Hold’ — Coverage is split (sells/holds/buys) with a MarketBeat/Market consensus of “Hold,” implying no clear analyst-driven directional push right now. Rivian Automotive, Inc. (NASDAQ:RIVN) Receives Average Rating of “Hold” from Analysts
• Neutral Sentiment: Investor attention rising — RIVN has been a trending ticker (high retail/institutional search interest), which can amplify moves but doesn’t guarantee direction. Elevated attention increases short-term volatility. Rivian Automotive, Inc. (RIVN) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Earnings preview warns of a Q1 decline — Earnings previews from Zacks and others expect Q1 results to weaken, creating downside risk if Rivian misses revenue or loss-reduction targets in its upcoming report. Earnings Preview: Rivian Automotive (RIVN) Q1 Earnings Expected to Decline
• Negative Sentiment: R2 price vs. original target — The R2 launched at about $57,990, materially above the long-promised $45k target; higher pricing may help margins but raises questions about demand elasticity and the “affordable EV” narrative that supported a volume-growth thesis. Rivian starts R2 EV production in Normal, Illinois

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.