Robert Scaringe Sells 17,450 Shares of Rivian Automotive (NASDAQ:RIVN) Stock

08 Jan 2026, 17:24 by Teresa Graham · The Cerbat Gem

Rivian Automotive, Inc. (NASDAQ:RIVN – Get Free Report) CEO Robert Scaringe sold 17,450 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $19.55, for a total transaction of $341,147.50. Following the transaction, the chief executive officer directly owned 1,132,659 shares of the company’s stock, valued at $22,143,483.45. The trade was a 1.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Rivian Automotive Stock Performance

Shares of NASDAQ:RIVN traded down $0.17 during trading hours on Thursday, hitting $19.89. The stock had a trading volume of 36,610,072 shares, compared to its average volume of 37,435,781. The stock’s fifty day simple moving average is $17.45 and its 200 day simple moving average is $14.81. The firm has a market capitalization of $24.38 billion, a price-to-earnings ratio of -6.40 and a beta of 1.77. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.23 and a current ratio of 2.71. Rivian Automotive, Inc. has a 1-year low of $10.36 and a 1-year high of $22.69.

Rivian Automotive (NASDAQ:RIVN – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The electric vehicle automaker reported ($0.65) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.71) by $0.06. Rivian Automotive had a negative return on equity of 57.33% and a negative net margin of 61.34%.The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the previous year, the firm posted ($1.08) earnings per share. The business’s revenue was up 78.3% on a year-over-year basis. Sell-side analysts anticipate that Rivian Automotive, Inc. will post -3.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of RIVN. Vanguard Group Inc. lifted its holdings in shares of Rivian Automotive by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 81,673,512 shares of the electric vehicle automaker’s stock valued at $1,198,967,000 after buying an additional 2,597,310 shares during the last quarter. Capital International Investors raised its position in Rivian Automotive by 13.4% during the third quarter. Capital International Investors now owns 18,351,127 shares of the electric vehicle automaker’s stock valued at $269,395,000 after acquiring an additional 2,161,394 shares in the last quarter. Geode Capital Management LLC lifted its stake in Rivian Automotive by 4.9% in the second quarter. Geode Capital Management LLC now owns 14,614,204 shares of the electric vehicle automaker’s stock valued at $200,200,000 after acquiring an additional 689,045 shares during the last quarter. Soma Equity Partners LP grew its position in Rivian Automotive by 9.9% in the third quarter. Soma Equity Partners LP now owns 9,204,745 shares of the electric vehicle automaker’s stock worth $135,126,000 after acquiring an additional 829,782 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Rivian Automotive during the 2nd quarter worth $105,629,000. Hedge funds and other institutional investors own 66.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Piper Sandler upped their price target on shares of Rivian Automotive from $14.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday. Stifel Nicolaus raised their target price on shares of Rivian Automotive from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Zacks Research upgraded shares of Rivian Automotive from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. Needham & Company LLC upped their price target on Rivian Automotive from $14.00 to $23.00 and gave the company a “buy” rating in a report on Friday, December 12th. Finally, Tigress Financial increased their price objective on Rivian Automotive from $21.00 to $25.00 and gave the company a “buy” rating in a research report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, thirteen have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $15.95.

Get Our Latest Report on Rivian Automotive

More Rivian Automotive News

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

Positive Sentiment: Goldman Sachs raised its price target to $18 (from $16), citing progress on the R2 platform and autonomous-driving developments and noting solid Q4 2025 deliveries — a signal of confidence in Rivian’s product roadmap and execution. Goldman Sachs Hikes Rivian (RIVN) to $18 as Focus Shifts to R2 Platform, Autonomous Driving Progress
Neutral Sentiment: Piper Sandler raised its price target to $20 (from $14) but kept a Neutral rating — the new target implies only marginal upside relative to the current share price, so the move is more a valuation tweak than a bullish endorsement. Benzinga
Neutral Sentiment: Market commentary and valuation pieces are noting recent share-price momentum and debating where fair value sits after gains — useful for longer-term perspective but unlikely to drive immediate directional moves. A Look At Rivian Automotive (RIVN) Valuation After Recent Share Price Momentum
Neutral Sentiment: A short market note on one-year price forecasts reiterates mixed views and limited near-term catalysts, keeping investor expectations balanced. Rivian Automotive (NASDAQ: RIVN) Stock Price Prediction for 2026
Negative Sentiment: Rivian is recalling 19,641 U.S. R1S and R1T vehicles due to an improperly reassembled rear toe link — a safety-related recall that can raise service costs, dent consumer confidence, and be a short-term drag on results. Rivian recalls nearly 20,000 US vehicles over improperly reassembled toe link
Negative Sentiment: Analysts are warning of a potential 2026 demand “air-pocket” for Rivian; Morgan Stanley reiterated an Underweight with a $12 target, highlighting near-term demand and policy/tech-transition risks that could pressure sales and sentiment. Analysts Warn of Potential Demand “Air-Pocket” for Rivian (RIVN) in 2026
Negative Sentiment: Coverage summarizing broader analyst caution about 2026 demand adds downside risk to sentiment and could keep trading volatile until clearer delivery and order trends appear. Analysts warn of potential demand ‘air-pocket’ for Rivian (RIVN) in 2026
Negative Sentiment: Ford announced an in-house AI driving assistant — a competitive data/feature threat for automakers investing in in-vehicle AI experiences, which could increase pressure on Rivian to accelerate software/features spending. Ford is throwing its hat into the ring alongside Rivian and making an AI companion in-house

Rivian Automotive Company Profile

(Get Free Report)

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.