Rivian Automotive, Inc. $RIVN is Y Intercept Hong Kong Ltd’s 7th Largest Position

Y Intercept Hong Kong Ltd reduced its position in Rivian Automotive, Inc. (NASDAQ:RIVN) by 15.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,379,830 shares of the electric vehicle automaker’s stock after selling 244,877 shares during the period. Rivian Automotive makes up approximately 0.6% of Y Intercept Hong Kong Ltd’s holdings, making the stock its 7th largest holding. Y Intercept Hong Kong Ltd’s holdings in Rivian Automotive were worth $27,196,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Gerber Kawasaki Wealth & Investment Management increased its position in Rivian Automotive by 7.6% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,805 shares of the electric vehicle automaker’s stock worth $331,000 after buying an additional 1,184 shares during the last quarter. Circle Wealth Management LLC purchased a new stake in Rivian Automotive in the fourth quarter worth $1,636,000. Advisors Asset Management Inc. increased its position in Rivian Automotive by 7.5% in the fourth quarter. Advisors Asset Management Inc. now owns 50,982 shares of the electric vehicle automaker’s stock worth $1,005,000 after buying an additional 3,568 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its position in Rivian Automotive by 33.1% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 131,013 shares of the electric vehicle automaker’s stock worth $2,582,000 after buying an additional 32,576 shares during the last quarter. Finally, DRW Securities LLC grew its position in shares of Rivian Automotive by 145.1% in the fourth quarter. DRW Securities LLC now owns 10,367 shares of the electric vehicle automaker’s stock valued at $204,000 after purchasing an additional 6,137 shares in the last quarter. 66.25% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

RIVN has been the subject of several recent research reports. Jefferies Financial Group reiterated a “hold” rating and issued a $15.00 price target on shares of Rivian Automotive in a research report on Tuesday, March 3rd. Cantor Fitzgerald lifted their price target on Rivian Automotive from $18.00 to $19.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Piper Sandler reduced their price target on Rivian Automotive from $20.00 to $18.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. UBS Group upgraded Rivian Automotive from a “sell” rating to a “neutral” rating and lifted their price target for the company from $15.00 to $16.00 in a research report on Friday, February 13th. Finally, Wedbush reiterated an “outperform” rating and issued a $25.00 price target on shares of Rivian Automotive in a research report on Friday, February 13th. Twelve analysts have rated the stock with a Buy rating, nine have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $18.57.

Insider Buying and Selling at Rivian Automotive

In related news, CEO Robert J. Scaringe sold 34,818 shares of Rivian Automotive stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $15.00, for a total transaction of $522,270.00. Following the completion of the sale, the chief executive officer owned 922,286 shares of the company’s stock, valued at approximately $13,834,290. This trade represents a 3.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Claire Mcdonough sold 8,023 shares of Rivian Automotive stock in a transaction on Friday, May 29th. The shares were sold at an average price of $16.00, for a total value of $128,368.00. Following the sale, the chief financial officer directly owned 887,007 shares of the company’s stock, valued at $14,192,112. This represents a 0.90% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 117,790 shares of company stock valued at $1,832,466 in the last three months. 1.48% of the stock is owned by corporate insiders.

Key Rivian Automotive News

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

• Positive Sentiment: Rivian began customer deliveries of its R2 SUV, a milestone that supports the company’s push into the mass market and has renewed investor optimism about future demand. Is Rivian Stock A Buy Now? Inside The R2 SUV Delivery Milestone And 2026 Guidance
• Positive Sentiment: Analysts and market commentary suggest the R2 launch could help challenge the view that U.S. consumers are “anti-EV,” since Rivian may now offer a more compelling and accessible vehicle choice. Rivian CEO Says Americans Aren’t Anti-EV, There’s Just ‘Few Great Choices’: How R2 Launch Could Help
• Neutral Sentiment: AT&T expanded its partnership with Rivian to provide 5G connectivity for the R2 platform, which supports the vehicle’s software-defined features but is not a major near-term financial catalyst on its own. AT&T (T) Expands Partnership With Rivian (RIVN) to Provide 5G Connectivity for R2 Platform
• Neutral Sentiment: Several analyst-focused pieces are highlighting Rivian’s valuation and the importance of the R2 launch, reinforcing that the stock is being driven by expectations around execution rather than immediate earnings results. Rivian (RIVN) Stock Valuation After R2 SUV Deliveries And Growing Profitability Concerns
• Negative Sentiment: Despite the R2 excitement, concerns remain about slowing revenue growth, profitability, and recent stock volatility, which could limit upside if deliveries or margins disappoint. Why Rivian Automotive (RIVN) Dipped More Than Broader Market Today

Rivian Automotive Price Performance

Shares of NASDAQ RIVN opened at $16.76 on Friday. The stock has a market cap of $20.80 billion, a PE ratio of -5.74 and a beta of 1.62. Rivian Automotive, Inc. has a fifty-two week low of $11.57 and a fifty-two week high of $22.69. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.64 and a current ratio of 2.10. The stock has a fifty day moving average of $15.55 and a 200-day moving average of $16.37.

Rivian Automotive Profile

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.