Illinois Municipal Retirement Fund Sells 81,845 Shares of Rivian Automotive, Inc. $RIVN

Illinois Municipal Retirement Fund lowered its holdings in shares of Rivian Automotive, Inc. (NASDAQ:RIVN) by 65.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,596 shares of the electric vehicle automaker’s stock after selling 81,845 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Rivian Automotive were worth $625,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of RIVN. Caisse Des Depots ET Consignations increased its position in Rivian Automotive by 55.7% during the third quarter. Caisse Des Depots ET Consignations now owns 139,000 shares of the electric vehicle automaker’s stock worth $2,041,000 after buying an additional 49,722 shares during the last quarter. ING Groep NV acquired a new position in shares of Rivian Automotive during the 3rd quarter valued at about $7,501,000. First National Trust Co raised its stake in shares of Rivian Automotive by 5.6% in the 3rd quarter. First National Trust Co now owns 16,900 shares of the electric vehicle automaker’s stock valued at $248,000 after acquiring an additional 900 shares in the last quarter. Prospera Financial Services Inc lifted its holdings in Rivian Automotive by 5.2% in the 3rd quarter. Prospera Financial Services Inc now owns 15,803 shares of the electric vehicle automaker’s stock worth $232,000 after purchasing an additional 775 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its holdings in Rivian Automotive by 31.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 39,911 shares of the electric vehicle automaker’s stock worth $586,000 after purchasing an additional 9,466 shares during the last quarter. Institutional investors and hedge funds own 66.25% of the company’s stock.

Insider Activity at Rivian Automotive

In other Rivian Automotive news, CFO Claire Mcdonough sold 27,133 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.80, for a total value of $455,834.40. Following the sale, the chief financial officer owned 680,836 shares of the company’s stock, valued at $11,438,044.80. The trade was a 3.83% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Peter Krawiec sold 3,655 shares of the 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 owned 29,122 shares of the company’s stock, valued at approximately $566,422.90. This represents a 11.15% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 182,187 shares of company stock worth $3,185,878. 2.16% of the stock is owned by corporate insiders.

Rivian Automotive Stock Down 3.5%

Shares of RIVN opened at $15.59 on Friday. 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 company has a 50-day simple moving average of $17.59 and a 200-day simple moving average of $15.41. Rivian Automotive, Inc. has a 52 week low of $10.36 and a 52 week high of $22.69. The firm has a market capitalization of $19.11 billion, a P/E ratio of -5.08 and a beta of 1.76.

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

Analysts Set New Price Targets

Several equities analysts have commented on the company. Morgan Stanley reiterated an “underweight” rating and set a $12.00 price target on shares of Rivian Automotive in a report on Monday, December 8th. Wedbush reiterated an “outperform” rating and issued a $25.00 target price on shares of Rivian Automotive in a research note on Friday, February 13th. Evercore reissued an “outperform” rating on shares of Rivian Automotive in a research report on Monday, December 15th. Zacks Research raised Rivian Automotive from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Needham & Company LLC lifted their price objective on Rivian Automotive from $14.00 to $23.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and seven have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $17.71.

Trending Headlines about Rivian Automotive

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

• Positive Sentiment: Q4 beat and strong 2026 guidance — Rivian reported better-than-expected Q4 revenue and EPS and issued 2026 delivery guidance (62k–67k vehicles), pointing to ~50%+ year-over-year delivery growth and its first full year of positive gross profit; that results print drove recent upside. Can Services 2x Rivian Stock?
• Positive Sentiment: Analyst bullishness/upgrades — some firms (e.g., Stifel) boosted targets and flagged upside if R2 demand materializes, supporting a constructive analyst narrative that helped lift the stock earlier. Stifel bullishness
• Neutral Sentiment: Balanced analyst view and consensus — the street remains split (Buy/Hold/Sell mix and a MarketBeat consensus “Hold”), so upside is contingent on execution rather than a broad analyst stampede. MarketBeat analyst consensus
• Neutral Sentiment: Longer-term thesis highlighted — pieces note narrowing losses, growing software & services mix and the upcoming lower‑cost R2 as the engine for multi-year growth, but these depend on successful ramp and margin improvement. Can Rivian Stock Beat the Market in 2026?
• Negative Sentiment: DA Davidson downgrade — DA Davidson cut Rivian to Underperform (low $14 PT), warning the 2026 guidance assumes an unusually strong R2 debut; this note raises near-term downside if the R2 ramp disappoints. DA Davidson downgrades Rivian
• Negative Sentiment: Insider selling by CEO & CFO — CEO Robert Scaringe and CFO Claire McDonough sold shares (~34.9k and ~27.1k shares) on Feb 18 at about $16.80; while both retain large stakes, the concurrent executive sales are weighing on sentiment. Insider trades alert
• Negative Sentiment: R2 execution and demand risk — multiple notes and coverage warn the biggest risk is an R2 ramp or demand miss; given the guidance relies heavily on R2, execution disappointment could quickly reverse gains. What’s going on with Rivian Automotive stock?

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.