Jay Flatley Buys 490 Shares of Rivian Automotive (NASDAQ:RIVN) Stock

Rivian Automotive, Inc. (NASDAQ:RIVN) Director Jay Flatley purchased 490 shares of the company’s stock in a transaction on Thursday, July 6th. The shares were bought at an average price of $20.67 per share, for a total transaction of $10,128.30. Following the completion of the transaction, the director directly owned 161,310 shares in the company, valued at $3,334,277.70. This represents a 0.30% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rivian Automotive Trading Up 1.1%

Rivian Automotive stock opened at $15.36 on Friday. 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. The stock has a market capitalization of $19.06 billion, a PE ratio of -5.00 and a beta of 1.75. The firm has a 50 day simple moving average of $16.51 and a 200-day simple moving average of $15.64.

Rivian Automotive (NASDAQ:RIVN) last announced its earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.66) EPS for the quarter, topping the consensus estimate of ($0.68) by $0.02. The firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.70) earnings per share. As a group, equities research analysts expect that Rivian Automotive, Inc. will post -3.2 EPS for the current fiscal year.

Rivian Automotive News Roundup

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

• Positive Sentiment: Rivian’s planned global R2 SUV rollout and a managed‑charging partnership with EnergyHub expand addressable market and introduce potential recurring software/grid revenue — a clear growth catalyst if production and software monetization scale. Read More.
• Positive Sentiment: TechCrunch reports Rivian is attempting one of the fastest new‑model launches in U.S. history for the R2; a successful rapid ramp could materially improve volumes and unit economics (high upside but execution risk remains). Read More.
• Positive Sentiment: Several bullish retail/investor pieces argue the R2 could be a “Model 3”‑style inflection if demand and margins cooperate, which supports investor optimism ahead of near‑term catalysts. Read More.
• Positive Sentiment: Director Jay Flatley recently disclosed a 490‑share purchase (small scale) — insider buying tends to be read positively by markets even when size is modest. Read More.
• Neutral Sentiment: Rivian presented at the Morgan Stanley TMT conference; investor Q&A offers management color on R2 timing, margins and capital allocation but is not an immediate market mover by itself. Read More.
• Neutral Sentiment: Bank of America began/reinstated coverage — new institutional coverage can affect liquidity and visibility, though the impact depends on the published rating. Read More.
• Neutral Sentiment: Analysts remain split on demand, margins and regulatory risk; mixed ratings and wide price‑target dispersion suggest ongoing volatility rather than clear consensus direction. Read More.
• Neutral Sentiment: Several hedge funds and institutional investors have adjusted positions recently; institutional ownership remains high, which can amplify moves but also stabilizes liquidity. Read More.
• Negative Sentiment: OSHA has opened a probe into a worker fatality at a Rivian Illinois warehouse; the investigation (which could take months) raises near‑term regulatory, reputational and potential operational risk. Read More.
• Negative Sentiment: Bank of America assigned an Underperform with a $14 target — a prominent sell‑side call that can pressure sentiment and act as an immediate headwind for the stock. Read More.
• Negative Sentiment: CEO Robert Scaringe sold 17,450 shares at an average price of $15 on March 3 — a sizable insider sale that often weighs on near‑term sentiment despite his large remaining stake. Read More.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Rivian Automotive during the fourth quarter valued at approximately $220,323,000. Renaissance Technologies LLC boosted its stake in Rivian Automotive by 32.4% in the 4th quarter. Renaissance Technologies LLC now owns 16,397,496 shares of the electric vehicle automaker’s stock worth $323,195,000 after purchasing an additional 4,012,386 shares during the period. Vanguard Group Inc. boosted its stake in Rivian Automotive by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 81,673,512 shares of the electric vehicle automaker’s stock worth $1,198,967,000 after purchasing an additional 2,597,310 shares during the period. Capital International Investors grew its position in Rivian Automotive by 13.2% during the 4th quarter. Capital International Investors now owns 20,769,844 shares of the electric vehicle automaker’s stock worth $409,374,000 after purchasing an additional 2,418,717 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in Rivian Automotive by 496.6% during the 2nd quarter. AQR Capital Management LLC now owns 2,305,236 shares of the electric vehicle automaker’s stock worth $31,490,000 after purchasing an additional 1,918,852 shares in the last quarter. 66.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Canaccord Genuity Group reiterated a “buy” rating on shares of Rivian Automotive in a research report on Monday, December 15th. DA Davidson lowered shares of Rivian Automotive from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $15.00 to $14.00 in a research report on Tuesday, February 17th. TD Cowen lifted their price objective on shares of Rivian Automotive from $13.00 to $17.00 and gave the stock a “hold” rating in a research note on Friday, February 13th. Wall Street Zen lowered shares of Rivian Automotive from a “hold” rating to a “strong sell” rating in a research note on Sunday, February 15th. Finally, Robert W. Baird upgraded shares of Rivian Automotive from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $14.00 to $25.00 in a report on Thursday, December 18th. Nine equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $17.86.

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.