Neo Ivy Capital Management Sells 106,483 Shares of Rivian Automotive, Inc. $RIVN

Neo Ivy Capital Management cut its holdings in Rivian Automotive, Inc. (NASDAQ:RIVN) by 51.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 99,870 shares of the electric vehicle automaker’s stock after selling 106,483 shares during the quarter. Neo Ivy Capital Management’s holdings in Rivian Automotive were worth $1,466,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its stake in Rivian Automotive by 15.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 5,849,818 shares of the electric vehicle automaker’s stock valued at $80,376,000 after buying an additional 799,030 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Rivian Automotive during the second quarter worth $1,324,000. Farther Finance Advisors LLC raised its holdings in shares of Rivian Automotive by 227.0% during the third quarter. Farther Finance Advisors LLC now owns 117,096 shares of the electric vehicle automaker’s stock worth $1,719,000 after acquiring an additional 81,291 shares during the period. Y Intercept Hong Kong Ltd raised its holdings in shares of Rivian Automotive by 244.1% during 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 acquiring an additional 1,152,551 shares during the period. Finally, Tableaux LLC bought a new stake in Rivian Automotive in the 2nd quarter valued at $3,435,000. 66.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

RIVN has been the subject of a number of research reports. Piper Sandler lowered their target price on Rivian Automotive from $20.00 to $18.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Tigress Financial boosted their price target on Rivian Automotive from $21.00 to $25.00 and gave the company a “buy” rating in a report on Friday, November 14th. Evercore reaffirmed an “outperform” rating on shares of Rivian Automotive in a research report on Monday, December 15th. Cantor Fitzgerald reissued a “neutral” rating on shares of Rivian Automotive in a research report on Monday, February 9th. Finally, DA Davidson cut Rivian Automotive from a “neutral” rating to an “underperform” rating and cut their target price for the company from $15.00 to $14.00 in a research note on Tuesday, February 17th. Nine research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat, Rivian Automotive presently has a consensus rating of “Hold” and a consensus price target of $17.86.

Rivian Automotive Trading Up 1.1%

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

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

Key Stories 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.

Insider Activity at Rivian Automotive

In other news, CEO Robert J. Scaringe sold 34,900 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $16.80, for a total value of $586,320.00. Following the completion of the sale, the chief executive officer owned 1,044,731 shares of the company’s stock, valued at approximately $17,551,480.80. This represents a 3.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Peter Krawiec sold 3,655 shares of the firm’s 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 directly owned 29,122 shares of the company’s stock, valued at $566,422.90. This represents a 11.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 152,938 shares of company stock valued at $2,675,717. Insiders own 2.16% of the company’s stock.

Rivian Automotive Company Profile

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.