Caisse Des Depots ET Consignations Boosts Stock Position in Rivian Automotive, Inc. $RIVN

02 May 2026, 03:58 by Renee Jackson · The Cerbat Gem

Caisse Des Depots ET Consignations increased its stake in shares of Rivian Automotive, Inc. (NASDAQ:RIVN – Free Report) by 24.8% in the fourth quarter, HoldingsChannel reports. The firm owned 173,462 shares of the electric vehicle automaker’s stock after buying an additional 34,462 shares during the quarter. Caisse Des Depots ET Consignations’ holdings in Rivian Automotive were worth $3,419,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd increased its holdings in Rivian Automotive by 244.1% in the third quarter. Y Intercept Hong Kong Ltd now owns 1,624,707 shares of the electric vehicle automaker’s stock worth $23,851,000 after buying an additional 1,152,551 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in Rivian Automotive by 211.0% during the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 265,600 shares of the electric vehicle automaker’s stock valued at $3,899,000 after purchasing an additional 180,200 shares during the last quarter. New York State Common Retirement Fund grew its holdings in Rivian Automotive by 36.4% during the third quarter. New York State Common Retirement Fund now owns 597,353 shares of the electric vehicle automaker’s stock valued at $8,769,000 after purchasing an additional 159,400 shares during the last quarter. DNB Asset Management AS grew its holdings in Rivian Automotive by 85.4% during the third quarter. DNB Asset Management AS now owns 728,262 shares of the electric vehicle automaker’s stock valued at $10,691,000 after purchasing an additional 335,511 shares during the last quarter. Finally, Rakuten Investment Management Inc. acquired a new position in Rivian Automotive during the third quarter valued at approximately $2,929,000. Hedge funds and other institutional investors own 66.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Wolfe Research downgraded Rivian Automotive from a “peer perform” rating to an “underperform” rating in a report on Monday, January 12th. Leerink Partners reiterated an “outperform” rating on shares of Rivian Automotive in a report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft upgraded Rivian Automotive from a “hold” rating to a “buy” rating and increased their price target for the company from $16.00 to $23.00 in a report on Friday, February 13th. Piper Sandler lowered their price target on Rivian Automotive from $20.00 to $18.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Finally, Benchmark reiterated a “buy” rating and set a $25.00 price target on shares of Rivian Automotive in a report on Friday. Twelve investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $18.41.

View Our Latest Stock Analysis on RIVN

Insider Activity at Rivian Automotive

In related news, CFO Claire Mcdonough sold 10,245 shares of the firm’s stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $18.00, for a total value of $184,410.00. Following the completion of the transaction, the chief financial officer directly owned 946,814 shares of the company’s stock, valued at $17,042,652. This trade represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert J. Scaringe sold 21,446 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $16.17, for a total value of $346,781.82. Following the completion of the transaction, the chief executive officer directly owned 1,001,138 shares of the company’s stock, valued at approximately $16,188,401.46. This trade represents 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. Insiders sold 148,888 shares of company stock valued at $2,411,276 over the last three months. 2.16% of the stock is owned by company insiders.

Key Stories Impacting Rivian Automotive

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

Positive Sentiment: Q1 beat driven by higher deliveries and software growth — Rivian topped EPS and revenue estimates, reported year-over-year delivery gains and rising software & services revenue, validating improving unit economics as R2 production begins. Zacks: Rivian Q1 Earnings Beat
Positive Sentiment: R2 production ramp and Georgia plant capacity increase — Rivian has begun scalable R2 production and raised initial Georgia plant capacity to 300k units (50% higher), a move aimed at lowering per‑unit costs over time. These operational levers justify upside if demand materializes. BusinessWire: Optimized Capacity Plan
Positive Sentiment: Analyst support remains — Multiple firms reaffirmed buy/outperform or raised targets (Benchmark, Needham, BNP Paribas Exane, Cantor Fitzgerald raised its PT), leaving sizable upside in broker models that can prop investor interest. Benzinga: Analyst Notes
Neutral Sentiment: DOE loan amended and timing changed — Rivian renegotiated its DOE loan down to $4.5B (from ~$6.6B) but can draw funds sooner; that reduces long‑term headroom while accelerating near‑term liquidity access. Market reaction depends on how investors weigh later capacity vs earlier funding. Reuters: DOE Loan Change
Negative Sentiment: Cash burn and margin/cash‑flow worries pressured sentiment — Despite the beat, investors focused on elevated automotive losses, rising costs and ongoing cash consumption that could require more financing or slow path to positive free cash flow. Fool: Cash Burn Focus
Negative Sentiment: Customer concentration and demand signals raised concern — Commentators flagged growing reliance on Amazon for auto revenue and investors noted that management did not provide stronger R2 demand clarity, prompting short‑term selling. Invezz: Amazon Reliance

Rivian Automotive Stock Down 8.3%

RIVN opened at $15.04 on Friday. Rivian Automotive, Inc. has a 1-year low of $11.57 and a 1-year high of $22.69. The company has a current ratio of 2.33, a quick ratio of 1.89 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $18.66 billion, a price-to-earnings ratio of -4.90 and a beta of 1.64. The business has a 50 day moving average of $15.71 and a 200-day moving average of $16.18.

Rivian Automotive (NASDAQ:RIVN – Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The electric vehicle automaker reported ($0.54) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.14. Rivian Automotive had a negative return on equity of 72.68% and a negative net margin of 63.62%.The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the prior year, the business earned ($0.70) earnings per share. Rivian Automotive’s revenue for the quarter was down 25.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Rivian Automotive, Inc. will post -3.04 earnings per share for the current year.

About Rivian Automotive

(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.