Rivian Automotive (NASDAQ:RIVN) Insider Sells $225,000.00 in Stock

by · The Markets Daily

Rivian Automotive, Inc. (NASDAQ:RIVN – Get Free Report) insider Michael John Callahan sold 15,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $15.00, for a total transaction of $225,000.00. Following the sale, the insider directly owned 1,001,776 shares of the company’s stock, valued at approximately $15,026,640. This trade represents a 1.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michael John Callahan also recently made the following trade(s):

  • On Friday, September 11th, Michael John Callahan sold 15,000 shares of Rivian Automotive stock. The stock was sold at an average price of $16.29, for a total value of $244,350.00.

Rivian Automotive Price Performance

Shares of NASDAQ:RIVN opened at $14.30 on Monday. Rivian Automotive, Inc. has a 12 month low of $12.39 and a 12 month high of $22.69. The company has a current ratio of 2.10, a quick ratio of 1.65 and a debt-to-equity ratio of 0.87. The company has a 50-day moving average price of $15.73 and a 200 day moving average price of $15.87. The company has a market cap of $20.70 billion, a price-to-earnings ratio of -5.54 and a beta of 1.62.

Rivian Automotive (NASDAQ:RIVN – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The electric vehicle automaker reported ($0.63) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.66) by $0.03. The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Rivian Automotive had a negative net margin of 54.96% and a negative return on equity of 73.90%. The business’s revenue was up 27.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.97) earnings per share. As a group, equities research analysts predict that Rivian Automotive, Inc. will post -2.96 earnings per share for the current year.

Key Stories Impacting Rivian Automotive

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

  • Positive Sentiment: Rivian delivered a quarterly record of 19,248 vehicles, up 46% year over year and reportedly above analyst expectations. The performance was supported by the rollout of the lower-priced R2 SUV, strengthening the company’s prospects in the broader mass-market EV segment. Rivian deliveries hit record high as R2 rollout gains momentum
  • Positive Sentiment: The company produced 19,751 vehicles in the quarter and reaffirmed its 2026 delivery outlook of 65,000 to 70,000 vehicles, suggesting production and demand remain aligned with management’s expectations. Rivian Releases Q3 2026 Production and Delivery Figures
  • Positive Sentiment: Investors purchased 147,831 RIVN call options, 27% above the average call volume, signaling heightened bullish or speculative interest in the stock.
  • Neutral Sentiment: Rivian plans to add LiDAR and RAP1 autonomy technology to employee R2 vehicles by late 2026, with customer availability targeted for 2027. The technology could support future growth, but meaningful customer adoption is still several months away. Rivian Pushes R2 LiDAR Autonomy Tech for Customers to 2027
  • Negative Sentiment: Although deliveries beat expectations, Rivian did not raise its 2026 forecast. Investors appeared to want stronger forward guidance, making the results vulnerable to a “buy the news, sell the news” reaction. Rivian Crushes Delivery Numbers. Why the Stock Is Down
  • Negative Sentiment: Rivian recalled R2 SUVs because improperly tightened high-voltage battery-pack fasteners could cause a loss of power while driving. The recall raises near-term concerns about quality, safety and potential repair costs. Rivian issues R2 recall for poorly tightened battery packs

Institutional Trading of Rivian Automotive

Several large investors have recently made changes to their positions in the business. Parallel Advisors LLC raised its position in Rivian Automotive by 4.0% during the first quarter. Parallel Advisors LLC now owns 16,056 shares of the electric vehicle automaker’s stock valued at $242,000 after acquiring an additional 613 shares in the last quarter. Tradition Wealth Management LLC boosted its position in Rivian Automotive by 5.7% in the 4th quarter. Tradition Wealth Management LLC now owns 14,056 shares of the electric vehicle automaker’s stock worth $277,000 after purchasing an additional 753 shares in the last quarter. Reynders McVeigh Capital Management LLC grew its stake in shares of Rivian Automotive by 6.8% during the 2nd quarter. Reynders McVeigh Capital Management LLC now owns 15,767 shares of the electric vehicle automaker’s stock worth $274,000 after purchasing an additional 1,000 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of Rivian Automotive by 2.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 56,758 shares of the electric vehicle automaker’s stock worth $985,000 after purchasing an additional 1,134 shares during the period. Finally, Grey Fox Wealth Advisors LLC increased its holdings in shares of Rivian Automotive by 6.5% during the 4th quarter. Grey Fox Wealth Advisors LLC now owns 18,756 shares of the electric vehicle automaker’s stock valued at $370,000 after purchasing an additional 1,151 shares in the last quarter. 66.25% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft cut shares of Rivian Automotive from a “buy” rating to an “underperform” rating in a research note on Tuesday, August 4th. TD Cowen lifted their price objective on shares of Rivian Automotive from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Stifel Nicolaus set a $22.00 price objective on shares of Rivian Automotive in a report on Monday, August 24th. Piper Sandler raised Rivian Automotive from a “neutral” rating to an “overweight” rating and upped their target price for the company from $18.00 to $20.00 in a research report on Monday, July 27th. Finally, Wells Fargo & Company raised their target price on Rivian Automotive from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Twelve analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat, Rivian Automotive presently has an average rating of “Hold” and a consensus price target of $19.00.

Read Our Latest Report on Rivian Automotive

About Rivian Automotive

(Get Free Report)

Rivian Automotive, Inc is an electric vehicle manufacturer focused on developing and producing vehicles designed for adventure, utility and commercial use. The company’s lineup includes the R1T electric pickup truck and R1S electric SUV, which feature all-electric powertrains, advanced driver-assistance technology and software-enabled vehicle systems.

Rivian also develops electric commercial vehicles, including delivery vans, along with vehicle software, charging solutions and related services.

Further Reading