Rivian Automotive, Inc. $RIVN Shares Purchased by Odyssean LLC

Odyssean LLC increased its holdings in Rivian Automotive, Inc. (NASDAQ:RIVN) by 97.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 110,259 shares of the electric vehicle automaker’s stock after acquiring an additional 54,343 shares during the period. Odyssean LLC’s holdings in Rivian Automotive were worth $1,913,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RIVN. Capital International Investors lifted its stake in shares of Rivian Automotive by 13.2% in the 4th quarter. Capital International Investors now owns 20,769,844 shares of the electric vehicle automaker’s stock valued at $409,374,000 after purchasing an additional 2,418,717 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Rivian Automotive by 32.4% during the 4th quarter. Renaissance Technologies LLC now owns 16,397,496 shares of the electric vehicle automaker’s stock worth $323,195,000 after purchasing an additional 4,012,386 shares during the last quarter. Geode Capital Management LLC lifted its position in Rivian Automotive by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 14,782,865 shares of the electric vehicle automaker’s stock valued at $290,568,000 after buying an additional 59,503 shares during the last quarter. Norges Bank acquired a new position in Rivian Automotive in the fourth quarter valued at about $220,323,000. Finally, Soma Equity Partners LP boosted its stake in Rivian Automotive by 9.9% during 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 buying an additional 829,782 shares during the period. Institutional investors and hedge funds own 66.25% of the company’s stock.

More Rivian Automotive News

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

• Positive Sentiment: Rivian recently moved above both its 50-day and 200-day moving averages, signals that technical analysts often interpret as evidence of improving short- and long-term momentum. Rivian Automotive Recently Broke Out Above the 50-Day Moving Average Rivian Automotive Recently Broke Out Above the 200-Day Moving Average
• Positive Sentiment: Raised delivery forecasts and quarterly revenue growth of approximately 27% have supported optimism about demand and Rivian’s operating trajectory. The outlook is tempered by margin pressure and continued cash consumption. What Rising Delivery Forecasts Say About Rivian’s Stock Prospects
• Positive Sentiment: Traders purchased about 185,311 RIVN call options, roughly 43% above typical volume. This indicates increased speculative bullish interest, although options activity does not guarantee sustained buying in the shares. Rivian Options Activity Sparks Fresh Curiosity
• Positive Sentiment: Forecast growth in the broader EV-charging market, alongside Rivian’s participation in charging ecosystems, provides a supportive long-term industry backdrop but is not a direct near-term revenue catalyst. EV Charging Station Market Growth Forecast
• Neutral Sentiment: CFO Claire McDonough sold approximately 1% of her direct holdings under a prearranged Rule 10b5-1 plan and still owns about 819,000 shares. The planned nature and limited size reduce the significance of the transaction. Rivian CFO Sells Shares
• Negative Sentiment: Rivian remains unprofitable, with analysts expecting a full-year loss and investors continuing to monitor manufacturing margins, liquidity and cash burn despite improved revenue and EPS performance.
• Neutral Sentiment: The reported August short-interest data lists zero shares and a zero-day short ratio while also describing a significant increase. Those contradictory figures appear unreliable and provide no meaningful short-covering signal.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Cantor Fitzgerald reiterated a “neutral” rating and set a $19.00 price target on shares of Rivian Automotive in a research report on Tuesday, July 28th. Jefferies Financial Group lifted their target price on shares of Rivian Automotive from $16.00 to $17.00 and gave the company a “hold” rating in a report on Tuesday, July 7th. DA Davidson boosted their target price on Rivian Automotive from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Wall Street Zen upgraded Rivian Automotive from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, BNP Paribas Exane raised their price target on Rivian Automotive from $22.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 8th. Twelve investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $19.05.

Insiders Place Their Bets

In other news, CFO Claire Mcdonough sold 13,144 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $14.50, for a total transaction of $190,588.00. Following the sale, the chief financial officer owned 827,201 shares of the company’s stock, valued at approximately $11,994,414.50. This represents a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Karen Boone sold 20,000 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $20.00, for a total value of $400,000.00. Following the completion of the sale, the director owned 110,000 shares in the company, valued at approximately $2,200,000. The trade was a 15.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 84,008 shares of company stock worth $1,369,594 over the last 90 days. Corporate insiders own 1.48% of the company’s stock.

Rivian Automotive Stock Up 0.8%

Shares of RIVN opened at $16.74 on Wednesday. The company’s 50-day simple moving average is $16.49 and its 200-day simple moving average is $15.86. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.65 and a current ratio of 2.10. Rivian Automotive, Inc. has a 1 year low of $12.39 and a 1 year high of $22.69. The stock has a market capitalization of $24.24 billion, a PE ratio of -6.49 and a beta of 1.61.

Rivian Automotive (NASDAQ:RIVN) last announced its quarterly earnings data on Thursday, July 30th. The electric vehicle automaker reported ($0.47) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.66) by $0.19. The firm had revenue of $1.66 billion during 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 quarterly 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. Analysts forecast that Rivian Automotive, Inc. will post -2.98 earnings per share for the current fiscal year.

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.