Rivian Automotive (NASDAQ:RIVN) CFO Sells $190,588.00 in Stock

Rivian Automotive, Inc. (NASDAQ:RIVN) CFO Claire Mcdonough sold 13,144 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $14.50, for a total transaction of $190,588.00. Following the completion of the sale, the chief financial officer directly owned 827,201 shares in the company, valued at approximately $11,994,414.50. This trade represents a 1.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Claire Mcdonough also recently made the following trade(s):

• On Friday, May 29th, Claire Mcdonough sold 8,023 shares of Rivian Automotive stock. The stock was sold at an average price of $16.00, for a total transaction of $128,368.00.

Rivian Automotive Stock Up 1.8%

NASDAQ RIVN opened at $16.01 on Friday. Rivian Automotive, Inc. has a 1 year low of $11.84 and a 1 year high of $22.69. The stock has a market capitalization of $23.18 billion, a PE ratio of -6.21 and a beta of 1.61. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.10 and a quick ratio of 1.65. The business’s 50-day moving average is $16.47 and its 200 day moving average is $15.81.

Rivian Automotive (NASDAQ:RIVN) last released its quarterly earnings data on Thursday, July 30th. The electric vehicle automaker reported ($0.47) earnings per share for the quarter, topping the consensus estimate of ($0.66) by $0.19. Rivian Automotive had a negative return on equity of 73.90% and a negative net margin of 54.96%.The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter last year, the business posted ($0.97) EPS. The business’s revenue was up 27.2% on a year-over-year basis. Sell-side analysts forecast that Rivian Automotive, Inc. will post -2.98 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of RIVN. Brighton Jones LLC lifted its position in Rivian Automotive by 28.0% during the 4th quarter. Brighton Jones LLC now owns 17,685 shares of the electric vehicle automaker’s stock valued at $235,000 after acquiring an additional 3,864 shares during the period. AQR Capital Management LLC grew its holdings in Rivian Automotive by 1.5% in the first quarter. AQR Capital Management LLC now owns 386,384 shares of the electric vehicle automaker’s stock worth $4,733,000 after purchasing an additional 5,590 shares during the period. Empowered Funds LLC increased its stake in shares of Rivian Automotive by 10.1% during the first quarter. Empowered Funds LLC now owns 54,560 shares of the electric vehicle automaker’s stock valued at $679,000 after purchasing an additional 4,998 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Rivian Automotive by 29.0% during the first quarter. Focus Partners Wealth now owns 64,534 shares of the electric vehicle automaker’s stock valued at $803,000 after purchasing an additional 14,497 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Rivian Automotive by 57.1% during the first quarter. Geneos Wealth Management Inc. now owns 5,107 shares of the electric vehicle automaker’s stock valued at $64,000 after purchasing an additional 1,856 shares during the last quarter. 66.25% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on RIVN. Morgan Stanley upped their price objective on shares of Rivian Automotive from $13.00 to $14.00 and gave the stock an “underweight” rating in a report on Friday, July 31st. Wall Street Zen upgraded shares of Rivian Automotive from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Needham & Company LLC reissued a “buy” rating on shares of Rivian Automotive in a research note on Monday, August 10th. TD Cowen raised their price objective on shares of Rivian Automotive from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $19.00 price objective on shares of Rivian Automotive in a research report on Tuesday, July 28th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $18.95.

Key Headlines Impacting Rivian Automotive

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

• Positive Sentiment: Rivian reported quarterly revenue of $1.66 billion, ahead of analyst expectations of $1.52 billion, while its adjusted loss of $0.47 per share was narrower than expected. Revenue increased 27.2% year over year, and management highlighted improving gross profit and stronger EBITDA guidance. Rivian’s Earnings Beat, R2 Launch and Tech Spinout Might Change The Case For Investing In Rivian Automotive
• Positive Sentiment: Investors are increasingly focused on the R2 electric SUV, expected to sell for less than $60,000, and the future R3. Rivian expects these models to become important profit drivers and is targeting annual production capacity above 400,000 vehicles, supporting the company’s long-term scale strategy. Rivian Automotive EV Strategy Gains Attention
• Positive Sentiment: Also, Rivian’s micromobility and autonomous-vehicle spinout, raised $150 million. The funding can advance autonomous delivery vehicles and reduces the need for Rivian to directly finance that development, while preserving potential strategic value from the business. Rivian Spinout Also Raises Another $150 Million
• Positive Sentiment: Institutional investors reportedly added more than 70 million Rivian shares during the second quarter. Continued ownership by major investors, including Amazon and Uber, provides a supportive signal for market confidence in Rivian’s commercial and technology relationships. Institutional Investors Added Over 70 Million RIVN Shares
• Neutral Sentiment: CFO Claire McDonough sold 13,144 shares for approximately $190,588 under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested awards. The transaction reduced her holdings by 1.56%, but she still owns 827,201 shares, making the sale a limited confidence signal. SEC Form 4 Filing
• Negative Sentiment: Rivian may lose approximately $164 million in regulatory-credit revenue during the second half of the year. The reduction could pressure reported margins even as vehicle deliveries and operating performance improve.
• Negative Sentiment: Rivian remains unprofitable, with analysts expecting a full-year loss of about $2.98 per share. Its ability to execute the R2 launch, control cash use and reach sustainable profitability remains central to the investment case.

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.