Jay Flatley Buys 1,250 Shares of Rivian Automotive (NASDAQ:RIVN) Stock

Rivian Automotive, Inc. (NASDAQ:RIVN) Director Jay Flatley acquired 1,250 shares of the business’s stock in a transaction that occurred on Wednesday, April 17th. The stock was bought at an average cost of $8.84 per share, for a total transaction of $11,050.00. Following the completion of the transaction, the director directly owned 162,070 shares in the company, valued at $1,432,698.80. This represents a 0.78% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Rivian Automotive Price Performance

RIVN stock opened at $15.36 on Friday. The stock has a 50-day moving average price of $16.51 and a two-hundred day moving average price of $15.64. Rivian Automotive, Inc. has a 1 year low of $10.36 and a 1 year high of $22.69. The stock has a market cap of $19.06 billion, a PE ratio of -5.00 and a beta of 1.75. The company has a current ratio of 2.33, a quick ratio of 1.89 and a debt-to-equity ratio of 0.97.

Rivian Automotive (NASDAQ:RIVN) last issued its quarterly earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.66) EPS for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.02. The company 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. Equities analysts forecast that Rivian Automotive, Inc. will post -3.2 EPS for the current fiscal year.

Hedge Funds Weigh In On Rivian Automotive

Institutional investors have recently added to or reduced their stakes in the company. Assetmark Inc. lifted its stake in Rivian Automotive by 315.6% in the 2nd quarter. Assetmark Inc. now owns 1,787 shares of the electric vehicle automaker’s stock valued at $25,000 after purchasing an additional 1,357 shares during the last quarter. Newbridge Financial Services Group Inc. increased its position in Rivian Automotive by 113.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock worth $26,000 after buying an additional 1,000 shares during the last quarter. Core Wealth Advisors LLC bought a new stake in Rivian Automotive in the fourth quarter valued at approximately $27,000. Mather Group LLC. bought a new stake in Rivian Automotive in the third quarter valued at approximately $30,000. Finally, Hemington Wealth Management lifted its position in shares of Rivian Automotive by 291.0% in the third quarter. Hemington Wealth Management now owns 2,123 shares of the electric vehicle automaker’s stock valued at $31,000 after buying an additional 1,580 shares during the last quarter. 66.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

RIVN has been the subject of several research reports. Stifel Nicolaus raised their price target on shares of Rivian Automotive from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft raised shares of Rivian Automotive from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $16.00 to $23.00 in a research report on Friday, February 13th. UBS Group raised shares of Rivian Automotive from a “sell” rating to a “neutral” rating and raised their target price for the company from $15.00 to $16.00 in a research report on Friday, February 13th. Benchmark boosted their price target on shares of Rivian Automotive from $18.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, Needham & Company LLC boosted their price target on shares of Rivian Automotive from $14.00 to $23.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Nine equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Rivian Automotive presently has a consensus rating of “Hold” and a consensus target price of $17.86.

Key Headlines Impacting Rivian Automotive

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

• Positive Sentiment: Rivian’s planned global R2 SUV rollout and a managed‑charging partnership with EnergyHub expand addressable market and introduce potential recurring software/grid revenue — a clear growth catalyst if production and software monetization scale. Read More.
• Positive Sentiment: TechCrunch reports Rivian is attempting one of the fastest new‑model launches in U.S. history for the R2; a successful rapid ramp could materially improve volumes and unit economics (high upside but execution risk remains). Read More.
• Positive Sentiment: Several bullish retail/investor pieces argue the R2 could be a “Model 3”‑style inflection if demand and margins cooperate, which supports investor optimism ahead of near‑term catalysts. Read More.
• Positive Sentiment: Director Jay Flatley recently disclosed a 490‑share purchase (small scale) — insider buying tends to be read positively by markets even when size is modest. Read More.
• Neutral Sentiment: Rivian presented at the Morgan Stanley TMT conference; investor Q&A offers management color on R2 timing, margins and capital allocation but is not an immediate market mover by itself. Read More.
• Neutral Sentiment: Bank of America began/reinstated coverage — new institutional coverage can affect liquidity and visibility, though the impact depends on the published rating. Read More.
• Neutral Sentiment: Analysts remain split on demand, margins and regulatory risk; mixed ratings and wide price‑target dispersion suggest ongoing volatility rather than clear consensus direction. Read More.
• Neutral Sentiment: Several hedge funds and institutional investors have adjusted positions recently; institutional ownership remains high, which can amplify moves but also stabilizes liquidity. Read More.
• Negative Sentiment: OSHA has opened a probe into a worker fatality at a Rivian Illinois warehouse; the investigation (which could take months) raises near‑term regulatory, reputational and potential operational risk. Read More.
• Negative Sentiment: Bank of America assigned an Underperform with a $14 target — a prominent sell‑side call that can pressure sentiment and act as an immediate headwind for the stock. Read More.
• Negative Sentiment: CEO Robert Scaringe sold 17,450 shares at an average price of $15 on March 3 — a sizable insider sale that often weighs on near‑term sentiment despite his large remaining stake. Read More.

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.