Investors Buy High Volume of Rivian Automotive Call Options (NASDAQ:RIVN)

Rivian Automotive, Inc. (NASDAQ:RIVN) was the target of some unusual options trading on Wednesday. Stock investors bought 217,446 call options on the company. This represents an increase of 72% compared to the typical volume of 126,697 call options.

Insider Activity

In other Rivian Automotive news, CFO Claire Mcdonough sold 5,544 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $13.43, for a total transaction of $74,455.92. Following the completion of the transaction, the chief financial officer owned 902,630 shares in the company, valued at $12,122,320.90. This trade represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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. Also, CEO Robert J. Scaringe sold 21,446 shares of Rivian Automotive stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $16.17, for a total value of $346,781.82. Following the sale, the chief executive officer directly owned 1,001,138 shares in the company, valued at $16,188,401.46. The trade was a 2.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 92,399 shares of company stock worth $1,443,578. 2.16% of the stock is owned by company insiders.

Hedge Funds Weigh In On Rivian Automotive

Several hedge funds have recently added to or reduced their stakes in RIVN. Brighton Jones LLC grew its position in shares of Rivian Automotive by 28.0% during the 4th quarter. Brighton Jones LLC now owns 17,685 shares of the electric vehicle automaker’s stock worth $235,000 after buying an additional 3,864 shares during the period. AQR Capital Management LLC raised its position in shares of Rivian Automotive by 1.5% in the 1st quarter. AQR Capital Management LLC now owns 386,384 shares of the electric vehicle automaker’s stock valued at $4,733,000 after acquiring an additional 5,590 shares during the period. Empowered Funds LLC raised its position in shares of Rivian Automotive by 10.1% in the 1st quarter. Empowered Funds LLC now owns 54,560 shares of the electric vehicle automaker’s stock valued at $679,000 after acquiring an additional 4,998 shares during the period. Focus Partners Wealth boosted its stake in Rivian Automotive by 29.0% during the 1st quarter. Focus Partners Wealth now owns 64,534 shares of the electric vehicle automaker’s stock worth $803,000 after acquiring an additional 14,497 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in Rivian Automotive by 57.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 5,107 shares of the electric vehicle automaker’s stock worth $64,000 after acquiring an additional 1,856 shares during the last quarter. Institutional investors and hedge funds own 66.25% of the company’s stock.

Trending Headlines about Rivian Automotive

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

• Positive Sentiment: Recent commentary remains upbeat on Rivian’s long-term setup, pointing to the R2 launch, Volkswagen and Uber-related partnerships, and growing autonomy/software revenue as possible margin and demand catalysts in 2026. Here’s Why You Should Retain Rivian Stock in Your Portfolio Now
• Positive Sentiment: Some market coverage is also framing Rivian as a potential long-term winner, arguing that software monetization and the R2 platform could drive substantial future growth if execution improves. How Software Can 10x Rivian’s Stock
• Neutral Sentiment: Rivian’s CFO, Claire McDonough, sold 5,544 shares under a pre-arranged 10b5-1 plan to cover tax withholding tied to equity vesting. That makes the move routine, but insider selling can still weigh on sentiment. SEC Form 4 filing
• Neutral Sentiment: Wall Street remains cautious overall, with analysts roughly split and the stock still carrying an average “Hold” rating, suggesting investors want clearer evidence of execution before rerating the shares. Rivian Automotive, Inc. (NASDAQ:RIVN) Given Average Rating of “Hold” by Analysts
• Negative Sentiment: Rivian shares are also being hit by broader weakness in high-beta consumer discretionary stocks as investors rotate defensively, which is adding pressure even as the company rolls out R2 customization. Rivian Stock Drops Despite R2 Customization Launch Tuesday: What’s Going On?
• Negative Sentiment: Bearish commentary continues to highlight Rivian’s steep fall from prior highs, lingering cash burn concerns, and the challenge of scaling production profitably, keeping valuation sentiment fragile. Rivian Stock’s Path To 10x Growth

Rivian Automotive Trading Up 6.4%

Shares of Rivian Automotive stock traded up $0.83 on Wednesday, hitting $13.73. 42,821,501 shares of the company’s stock traded hands, compared to its average volume of 29,560,734. The firm’s 50-day moving average price is $15.46 and its two-hundred day moving average price is $16.28. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.10 and a quick ratio of 1.64. The stock has a market capitalization of $17.04 billion, a PE ratio of -4.70 and a beta of 1.64. Rivian Automotive has a one year low of $11.57 and a one year high of $22.69.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Cantor Fitzgerald increased their target price on Rivian Automotive from $18.00 to $19.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Leerink Partners reiterated an “outperform” rating on shares of Rivian Automotive in a research report on Thursday, March 12th. Bank of America assumed coverage on Rivian Automotive in a research note on Wednesday, March 4th. They set an “underperform” rating and a $14.00 price objective for the company. Benchmark reissued a “buy” rating and set a $25.00 price objective on shares of Rivian Automotive in a report on Friday, May 1st. Finally, UBS Group raised shares of Rivian Automotive from a “sell” rating to a “neutral” rating and upped their target price for the stock from $15.00 to $16.00 in a report on Friday, February 13th. Twelve investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $18.57.

Rivian Automotive Company 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.