Quantitative Investment Management LLC Invests $5.61 Million in Rivian Automotive, Inc. $RIVN

Quantitative Investment Management LLC purchased a new position in Rivian Automotive, Inc. (NASDAQ:RIVN) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 382,298 shares of the electric vehicle automaker’s stock, valued at approximately $5,612,000.

Several other institutional investors have also bought and sold shares of the company. Newbridge Financial Services Group Inc. increased its position in Rivian Automotive by 113.6% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock worth $26,000 after buying an additional 1,000 shares during the last quarter. Mather Group LLC. bought a new stake in shares of Rivian Automotive in the third quarter valued at $30,000. Hemington Wealth Management lifted its position in shares of Rivian Automotive by 291.0% during the 3rd quarter. Hemington Wealth Management now owns 2,123 shares of the electric vehicle automaker’s stock valued at $31,000 after buying an additional 1,580 shares during the last quarter. WealthCollab LLC lifted its position in shares of Rivian Automotive by 98.4% during the 2nd quarter. WealthCollab LLC now owns 3,126 shares of the electric vehicle automaker’s stock valued at $43,000 after buying an additional 1,550 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of Rivian Automotive during the 3rd quarter worth $45,000. Hedge funds and other institutional investors own 66.25% of the company’s stock.

Rivian Automotive Stock Performance

Shares of RIVN opened at $15.30 on Friday. Rivian Automotive, Inc. has a 52-week low of $10.36 and a 52-week high of $22.69. The stock’s 50-day simple moving average is $16.20 and its 200 day simple moving average is $15.75. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.89 and a current ratio of 2.33. The stock has a market capitalization of $18.99 billion, a price-to-earnings ratio of -4.98 and a beta of 1.75.

Rivian Automotive (NASDAQ:RIVN) last posted its earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.66) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.02. Rivian Automotive had a negative return on equity of 65.05% and a negative net margin of 67.68%.The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the firm earned ($0.70) EPS. The company’s quarterly revenue was down 25.8% compared to the same quarter last year. Research analysts forecast that Rivian Automotive, Inc. will post -3.2 EPS for the current fiscal year.

Insider Activity at Rivian Automotive

In other Rivian Automotive news, CEO Robert J. Scaringe sold 34,900 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $16.80, for a total value 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 represents a 3.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Peter Krawiec sold 3,655 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $19.45, for a total transaction of $71,089.75. Following the completion of the transaction, the director directly owned 29,122 shares of the company’s stock, valued at approximately $566,422.90. The trade was a 11.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 135,488 shares of company stock valued at $2,369,819. Corporate insiders own 2.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on RIVN shares. Wedbush reissued an “outperform” rating and issued a $25.00 price objective on shares of Rivian Automotive in a report on Friday, February 13th. TD Cowen raised shares of Rivian Automotive from a “hold” rating to a “buy” rating and upped their price objective for the company from $17.00 to $20.00 in a report on Tuesday. Canaccord Genuity Group reiterated a “buy” rating on shares of Rivian Automotive in a research report on Monday, December 15th. Robert W. Baird upgraded shares of Rivian Automotive from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $14.00 to $25.00 in a research note on Thursday, December 18th. Finally, Wolfe Research lowered shares of Rivian Automotive from a “peer perform” rating to an “underperform” rating in a research report on Monday, January 12th. Eleven 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. Based on data from MarketBeat, Rivian Automotive has an average rating of “Hold” and a consensus price target of $18.00.

More Rivian Automotive News

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

• Positive Sentiment: Wall Street support: TD Cowen upgraded Rivian and raised its outlook, adding near‑term bullish analyst momentum that had lifted the stock before the reveal. TD Cowen Upgrade
• Positive Sentiment: Asset value unlocked: Rivian’s AI/robotics spinout, Mind Robotics, raised $500M at ~a $2B valuation—validating Rivian’s technology/IP and providing an indirect value catalyst separate from vehicle sales. Mind Robotics Funding
• Neutral Sentiment: R2 is strategically crucial but execution‑dependent: analysts and commentary frame the R2 as a make‑or‑break product for Rivian’s move into the mass market—big upside if the ramp and margins play out, but dependent on production execution and timing. Investopedia R2 Analysis
• Negative Sentiment: Pricing/timing disappointment: Rivian announced the R2 will start with a $57,990 Performance “Launch” model this spring, while the targeted $45,000 base R2 won’t arrive until late 2027—dampening near‑term expectations for a direct, immediate Model Y competitor. Reuters: R2 Deliveries & Pricing
• Negative Sentiment: Immediate market reaction: Several outlets note the stock traded down and underperformed the broader market after the reveal — investors appear to have taken profits or sold on the realization that the mass‑market price point is still years away. Zacks: Why RIVN Fell

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.