Baron Wealth Management LLC Sells 200,000 Shares of Rivian Automotive, Inc. $RIVN

Baron Wealth Management LLC cut its holdings in Rivian Automotive, Inc. (NASDAQ:RIVN) by 38.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 313,953 shares of the electric vehicle automaker’s stock after selling 200,000 shares during the period. Rivian Automotive accounts for about 1.9% of Baron Wealth Management LLC’s holdings, making the stock its 8th biggest position. Baron Wealth Management LLC’s holdings in Rivian Automotive were worth $6,188,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Brighton Jones LLC increased its stake in Rivian Automotive by 28.0% in the fourth quarter. Brighton Jones LLC now owns 17,685 shares of the electric vehicle automaker’s stock valued at $235,000 after purchasing an additional 3,864 shares during the last quarter. AQR Capital Management LLC grew its holdings in Rivian Automotive by 1.5% in the 1st quarter. AQR Capital Management LLC now owns 386,384 shares of the electric vehicle automaker’s stock valued at $4,733,000 after buying an additional 5,590 shares during the period. Empowered Funds LLC increased its stake in shares of Rivian Automotive by 10.1% during the 1st quarter. Empowered Funds LLC now owns 54,560 shares of the electric vehicle automaker’s stock valued at $679,000 after acquiring an additional 4,998 shares during the last quarter. Focus Partners Wealth increased its stake in shares of Rivian Automotive by 29.0% during the 1st quarter. Focus Partners Wealth now owns 64,534 shares of the electric vehicle automaker’s stock valued at $803,000 after acquiring an additional 14,497 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Rivian Automotive by 57.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 5,107 shares of the electric vehicle automaker’s stock worth $64,000 after acquiring an additional 1,856 shares during the period. Hedge funds and other institutional investors own 66.25% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Rivian Automotive from a “hold” rating to a “buy” rating and boosted their target price for the company from $16.00 to $23.00 in a report on Friday, February 13th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Rivian Automotive in a research note on Monday, February 9th. Jefferies Financial Group reissued a “hold” rating and set a $15.00 price objective on shares of Rivian Automotive in a research note on Tuesday, March 3rd. Needham & Company LLC upped their price objective on Rivian Automotive from $14.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Finally, Robert W. Baird raised Rivian Automotive from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $14.00 to $25.00 in a research report on Thursday, December 18th. Eleven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat, Rivian Automotive has an average rating of “Hold” and an average price target of $18.05.

Insider Buying and Selling at Rivian Automotive

In related news, CFO Claire Mcdonough sold 27,133 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.80, for a total transaction of $455,834.40. Following the completion of the sale, the chief financial officer directly owned 680,836 shares of the company’s stock, valued at approximately $11,438,044.80. This trade represents a 3.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert J. Scaringe sold 34,900 shares of Rivian Automotive stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $16.80, for a total transaction of $586,320.00. Following the sale, the chief executive officer directly owned 1,044,731 shares in the company, valued at $17,551,480.80. This trade represents a 3.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 131,833 shares of company stock valued at $2,196,995 over the last 90 days. Insiders own 2.16% of the company’s stock.

Rivian Automotive Stock Performance

Shares of NASDAQ:RIVN opened at $14.77 on Friday. The company has a market cap of $18.33 billion, a P/E ratio of -4.81 and a beta of 1.75. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.89 and a current ratio of 2.33. Rivian Automotive, Inc. has a one year low of $10.36 and a one year high of $22.69. The business’s 50-day simple moving average is $15.46 and its 200 day simple moving average is $15.90.

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

Trending Headlines about Rivian Automotive

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

• Positive Sentiment: Volkswagen has triggered the next $1 billion tranche into Rivian after the JV completed a software/winter-testing milestone for the VW ID EVERY1, validating Rivian’s software/architecture and unlocking material liquidity that improves Rivian’s funding runway and commercialization path for the JV vehicle. Rivian gets another $1B from Volkswagen
• Neutral Sentiment: Multiple outlets report the JV milestone and funding as a procedural tranche tied to engineering milestones — bullish for credibility but still dependent on future production/sales execution and JV timing. VW’s software partnership with Rivian clears investment hurdle
• Neutral Sentiment: Market commentary frames Rivian as a “quiet outperformer” with strategic shifts that could be an inflection point — supportive context for investors but not an immediate catalyst. MarketBeat Week in Review – 03/23 – 03/27
• Negative Sentiment: Short-term price weakness has drawn coverage explaining a recent pullback versus the broader market; macro/headline-driven selling (sector rotation, rate/inflation concerns) is cited as pressuring EV names including Rivian. Here’s Why Rivian Automotive (RIVN) Fell More Than Broader Market
• Negative Sentiment: Longer-term performance pieces note significant multi-year losses for pure-play EVs including Rivian, a reminder investors weigh both the near-term funding boost and the company’s longer path to sustained profitability. If You Bought Lucid, Nio, or Rivian Stock 5 Years Ago, Here’s How Much You’ve Lost

Rivian Automotive Company Profile

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.