Key Points
- CFO Claire Mcdonough sold 10,245 Rivian shares on April 22 at an average price of $18.00 under a pre-arranged Rule 10b5-1 plan, reducing her stake by 1.07% to 946,814 shares (≈$17.0M); she also sold 27,133 shares on Feb. 18 at $16.80.
- Rivian's recent results and outlook show a Q1 EPS loss of $0.54 that beat estimates and revenue of $1.29B (down 25.8% YoY), with negative margins and a MarketBeat consensus rating of "Hold" (average target ~$18.05) amid positives from the R2 production ramp and plant resilience but risks from pricing and expected near-term earnings weakness.
Rivian Automotive, Inc. (NASDAQ:RIVN - Get Free Report) CFO Claire Mcdonough sold 10,245 shares of the firm's stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $18.00, for a total value of $184,410.00. Following the sale, the chief financial officer directly owned 946,814 shares in the company, valued at $17,042,652. This trade represents a 1.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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
Shares of Rivian Automotive stock opened at $16.52 on Friday. The firm 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 52 week low of $11.57 and a 52 week high of $22.69. The company has a quick ratio of 1.89, a current ratio of 2.33 and a debt-to-equity ratio of 0.97. The firm's 50 day moving average is $15.72 and its two-hundred day moving average is $16.09.
Rivian Automotive (NASDAQ:RIVN - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The electric vehicle automaker reported ($0.54) earnings per share for the quarter, topping the consensus estimate of ($0.68) by $0.14. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 65.05%. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the firm earned ($0.70) EPS. The company's revenue was down 25.8% compared to the same quarter last year. Research analysts forecast that Rivian Automotive, Inc. will post -3.04 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its stake in 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 valued at $1,719,000 after buying an additional 81,291 shares during the period. Y Intercept Hong Kong Ltd lifted 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 worth $23,851,000 after acquiring an additional 1,152,551 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Rivian Automotive by 211.0% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 265,600 shares of the electric vehicle automaker's stock valued at $3,899,000 after acquiring an additional 180,200 shares in the last quarter. New York State Common Retirement Fund boosted its holdings in shares of Rivian Automotive by 36.4% in the third quarter. New York State Common Retirement Fund now owns 597,353 shares of the electric vehicle automaker's stock valued at $8,769,000 after acquiring an additional 159,400 shares in the last quarter. Finally, DNB Asset Management AS increased 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 period. 66.25% of the stock is currently owned by institutional investors and hedge funds.
Rivian Automotive News Summary
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
Wall Street Analyst Weigh In
Several research firms have issued reports on RIVN. Tigress Financial restated a "buy" rating and issued a $25.00 price objective on shares of Rivian Automotive in a research note on Friday, April 10th. Stifel Nicolaus lifted their target price on Rivian Automotive from $17.00 to $20.00 and gave the stock a "buy" rating in a research report on Tuesday, February 17th. Weiss Ratings reissued a "sell (d-)" rating on shares of Rivian Automotive in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised Rivian Automotive from a "hold" rating to a "buy" rating and upped their target price for the company from $16.00 to $23.00 in a research report on Friday, February 13th. Finally, Wells Fargo & Company lifted their price target on Rivian Automotive from $12.00 to $15.00 and gave the stock an "equal weight" rating in a research report on Friday, February 13th. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, Rivian Automotive has a consensus rating of "Hold" and an average target price of $18.05.
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About Rivian Automotive
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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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