Rivian Automotive (NASDAQ:RIVN) CEO Sells $303,960.00 in Stock

Rivian Automotive, Inc. (NASDAQ:RIVN) CEO Robert Scaringe sold 20,264 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $15.00, for a total value of $303,960.00. Following the transaction, the chief executive officer owned 1,022,584 shares in the company, valued at approximately $15,338,760. This trade represents a 1.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rivian Automotive Trading Up 3.1%

Shares of Rivian Automotive stock traded up $0.46 during trading on Thursday, hitting $15.40. 20,683,757 shares of the company were exchanged, compared to its average volume of 30,398,746. The firm has a market capitalization of $19.11 billion, a P/E ratio of -5.02 and a beta of 1.69. The firm’s fifty day moving average price is $15.37 and its 200 day moving average price is $15.92. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.33 and a quick ratio of 1.89. Rivian Automotive, Inc. has a 1-year low of $10.36 and a 1-year high of $22.69.

Rivian Automotive (NASDAQ:RIVN) last released 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. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.27 billion. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 65.05%. Rivian Automotive’s quarterly revenue was down 25.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.70) EPS. As a group, sell-side analysts expect 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: Q1 deliveries topped consensus — Rivian produced 10,236 vehicles and delivered 10,365 in Q1, above Street delivery estimates, signaling recovering demand and execution momentum. Rivian Releases Q1 2026 Production and Delivery Figures and Sets Date for First Quarter 2026 Financial Results
• Positive Sentiment: Company reaffirmed 2026 delivery guidance of 62K–67K vehicles — management stuck to its full‑year plan, which reduces near‑term forecast risk and supports revenue/production visibility. Rivian reaffirms 2026 delivery guidance of 62K to 67K vehicles
• Positive Sentiment: Rivian spinoff (Also) raised $200M and struck a DoorDash partnership — Also’s funding round and DoorDash board involvement create optionality for autonomy/last‑mile revenue that could amplify Rivian’s ecosystem value over time. Rivian spinout EV start-up raises $200m in Series C round
• Neutral Sentiment: Street sentiment adjusted but mixed — D.A. Davidson upgraded Rivian from Underperform to Neutral, citing valuation after a sharp pullback, but its $14 target still implies downside versus current levels. DA Davidson Upgrades Rivian From Underperform — Here’s What Still Has to Go Right
• Neutral Sentiment: Market reaction mixed despite the beat — several outlets note Rivian outpaced delivery estimates but sector‑wide profit‑taking and macro factors left EV stocks soft in the session. Tesla Rival Rivian Tops Delivery Estimates With New Model Still Due
• Negative Sentiment: Monthly U.S. sales are still declining — reports flag Rivian’s U.S. sales fell for a fourth consecutive month ahead of the R2 launch, a short‑term demand concern that tempers the delivery beat. Tesla rival Rivian’s US sales decline for fourth consecutive month ahead of R2 launch
• Negative Sentiment: Longer‑term commercial risks remain — Amazon EDV exclusivity ended and additional fleet orders have been slow, a structural revenue risk that analysts continue to flag. When Will Rivian Turn a Big Disappointment Into Big Business?

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Norges Bank acquired a new stake in Rivian Automotive in the 4th quarter valued at approximately $220,323,000. Renaissance Technologies LLC boosted its position in Rivian Automotive by 32.4% during the 4th quarter. Renaissance Technologies LLC now owns 16,397,496 shares of the electric vehicle automaker’s stock worth $323,195,000 after acquiring an additional 4,012,386 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Rivian Automotive by 3.3% during 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 acquiring an additional 2,597,310 shares in the last quarter. Capital International Investors grew its stake in shares of 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 acquiring an additional 2,418,717 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Rivian Automotive by 496.6% in the second quarter. AQR Capital Management LLC now owns 2,305,236 shares of the electric vehicle automaker’s stock valued at $31,490,000 after purchasing an additional 1,918,852 shares during the last quarter. 66.25% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Robert W. Baird raised shares of Rivian Automotive from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $14.00 to $25.00 in a report on Thursday, December 18th. UBS Group upgraded Rivian Automotive from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $15.00 to $16.00 in a report on Friday, February 13th. Wells Fargo & Company boosted their target price on Rivian Automotive from $12.00 to $15.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. The Goldman Sachs Group increased their price target on Rivian Automotive from $13.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Finally, Deutsche Bank Aktiengesellschaft raised Rivian Automotive from a “hold” rating to a “buy” rating and raised their price target for the stock from $16.00 to $23.00 in a research report on Friday, February 13th. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat, Rivian Automotive presently has a consensus rating of “Hold” and an average price target of $18.05.

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.