Key Points
- Rivian CEO Robert Scaringe sold 20,264 shares on March 31 at an average $15.00 for $303,960 under a pre‑arranged Rule 10b5‑1 plan, reducing his stake to 1,022,584 shares (about a 1.94% ownership decline).
- Delivery beat and guidance: Rivian reported Q1 deliveries of 10,365 vehicles and reaffirmed 2026 delivery guidance of 62,000–67,000 vehicles, suggesting demand is stabilizing despite recent challenges.
- Market and analyst context: RIVN trades near $15 with a consensus "Hold" and a $18.05 target; the company remains unprofitable with negative margins and analysts forecast -3.2 EPS for the year.
Rivian Automotive, Inc. (NASDAQ:RIVN - Get Free Report) CEO Robert Scaringe sold 20,264 shares of the firm's stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $15.00, for a total value of $303,960.00. Following the completion of the transaction, the chief executive officer directly owned 1,022,584 shares in the company, valued at approximately $15,338,760. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Rivian Automotive Price Performance
NASDAQ RIVN opened at $15.40 on Friday. The business's fifty day moving average is $15.35 and its 200 day moving average is $15.91. Rivian Automotive, Inc. has a fifty-two week low of $10.36 and a fifty-two week high of $22.69. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.89 and a current ratio of 2.33. The company has a market capitalization of $19.11 billion, a PE ratio of -5.02 and a beta of 1.69.
Rivian Automotive (NASDAQ:RIVN - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The electric vehicle automaker reported ($0.54) EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter last year, the company earned ($0.70) earnings per share. The business's revenue for the quarter was down 25.8% compared to the same quarter last year. Sell-side analysts predict that Rivian Automotive, Inc. will post -3.2 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the stock. Cantor Fitzgerald reiterated a "neutral" rating on shares of Rivian Automotive in a research report on Monday, February 9th. Wedbush restated an "outperform" rating and set a $25.00 price objective on shares of Rivian Automotive in a research report on Friday, February 13th. Needham & Company LLC lifted their target price on shares of Rivian Automotive from $14.00 to $23.00 and gave the company a "buy" rating in a research note on Friday, December 12th. DA Davidson upgraded Rivian Automotive from an "underperform" rating to a "neutral" rating and set a $14.00 price target for the company in a research note on Wednesday. Finally, Stifel Nicolaus raised their price target on Rivian Automotive from $17.00 to $20.00 and gave the company a "buy" rating in a report on Tuesday, February 17th. Eleven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $18.05.
View Our Latest Stock Report on Rivian Automotive
More Rivian Automotive News
Here are the key news stories impacting Rivian Automotive this week:
- Positive Sentiment: Rivian beat Q1 delivery estimates (10,365 vehicles) and reaffirmed 2026 delivery guidance of 62,000–67,000 vehicles — evidence demand is stabilizing and management is sticking to its plan. Rivian Releases Q1 2026 Production and Delivery Figures
- Positive Sentiment: Also (a Rivian spinoff) closed a $200M Series C and secured a DoorDash partnership to deploy small autonomous delivery EVs — strengthens Rivian’s broader EV/autonomy ecosystem and potential revenue pathways. Rivian spinout EV start-up raises $200m
- Positive Sentiment: Analyst/commentary pieces are highlighting Rivian as undervalued relative to growth potential, supporting a constructive long‑term view among some investors. 2 EV Stocks That Are Too Cheap to Ignore Right Now
- Neutral Sentiment: DA Davidson upgraded Rivian from Underperform to Neutral, citing valuation after the pullback — an improvement in tone but the price target implies limited near‑term upside. DA Davidson Upgrades Rivian
- Negative Sentiment: CEO Robert Scaringe sold 20,264 shares (~$304k) under a pre‑arranged 10b5‑1 plan — insider selling can raise short‑term concern even when pre‑planned. Insider Sale: Robert Scaringe
- Negative Sentiment: U.S. monthly sales have reportedly declined for a fourth consecutive month ahead of the R2 model launch, a reminder that demand recovery is still uneven. US sales decline for fourth consecutive month
- Negative Sentiment: Despite the delivery beat, some market coverage noted Rivian’s stock fell alongside peers today, suggesting broader market dynamics and valuation concerns capped upside. Tesla Rival Rivian Tops Delivery Estimates With New Model Still Due
Institutional Investors Weigh In On Rivian Automotive
Several institutional investors and hedge funds have recently modified their holdings of RIVN. Brighton Jones LLC boosted its position in shares of Rivian Automotive by 28.0% during the fourth quarter. Brighton Jones LLC now owns 17,685 shares of the electric vehicle automaker's stock worth $235,000 after acquiring an additional 3,864 shares during the last quarter. AQR Capital Management LLC lifted its stake 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 worth $4,733,000 after purchasing an additional 5,590 shares in the last quarter. Empowered Funds LLC lifted its stake in Rivian Automotive by 10.1% in the 1st quarter. Empowered Funds LLC now owns 54,560 shares of the electric vehicle automaker's stock worth $679,000 after purchasing an additional 4,998 shares in the last quarter. Focus Partners Wealth boosted its holdings 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 purchasing an additional 14,497 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in shares of Rivian Automotive by 57.1% during the first quarter. Geneos Wealth Management Inc. now owns 5,107 shares of the electric vehicle automaker's stock valued at $64,000 after purchasing an additional 1,856 shares in the last quarter. Institutional investors own 66.25% of the company's stock.
About Rivian Automotive
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Get Free Report)
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.
Further Reading
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