Zevenbergen Capital Investments LLC trimmed its stake in shares of Rivian Automotive, Inc. (NASDAQ:RIVN – Free Report) by 11.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 203,305 shares of the electric vehicle automaker’s stock after selling 25,150 shares during the period. Zevenbergen Capital Investments LLC’s holdings in Rivian Automotive were worth $2,985,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of RIVN. Vanguard Group Inc. grew its stake in shares of Rivian Automotive by 2.6% during the 2nd quarter. Vanguard Group Inc. now owns 79,076,202 shares of the electric vehicle automaker’s stock worth $1,086,507,000 after purchasing an additional 1,983,509 shares during the period. Geode Capital Management LLC boosted its holdings in Rivian Automotive by 4.9% during the second quarter. Geode Capital Management LLC now owns 14,614,204 shares of the electric vehicle automaker’s stock worth $200,200,000 after buying an additional 689,045 shares in the last quarter. Northern Trust Corp boosted its holdings in Rivian Automotive by 11.2% during the first quarter. Northern Trust Corp now owns 8,047,760 shares of the electric vehicle automaker’s stock worth $100,195,000 after buying an additional 809,064 shares in the last quarter. Norges Bank acquired a new stake in Rivian Automotive during the second quarter valued at $105,629,000. Finally, Charles Schwab Investment Management Inc. increased its holdings 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. 66.25% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Rivian Automotive
In other Rivian Automotive news, CFO Claire Mcdonough sold 21,210 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $17.14, for a total value of $363,539.40. Following the completion of the sale, the chief financial officer owned 738,056 shares in the company, valued at approximately $12,650,279.84. This represents a 2.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Peter Krawiec sold 3,655 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was 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 in the company, valued at $566,422.90. This trade represents a 11.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 120,154 shares of company stock valued at $2,017,909. Corporate insiders own 2.16% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Stock Report on RIVN
Rivian Automotive Stock Performance
Shares of NASDAQ:RIVN opened at $22.45 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.71 and a quick ratio of 2.23. Rivian Automotive, Inc. has a 1 year low of $10.36 and a 1 year high of $22.64. The firm has a market capitalization of $27.52 billion, a PE ratio of -7.22 and a beta of 1.79. The business’s 50 day moving average price is $15.59 and its 200-day moving average price is $14.23.
Rivian Automotive (NASDAQ:RIVN – Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The electric vehicle automaker reported ($0.65) EPS for the quarter, beating 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 firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the prior year, the company earned ($1.08) EPS. The firm’s revenue was up 78.3% compared to the same quarter last year. As a group, equities research analysts expect that Rivian Automotive, Inc. will post -3.2 earnings per share for the current fiscal year.
Rivian Automotive News Summary
Here are the key news stories impacting Rivian Automotive this week:
- Positive Sentiment: Baird upgraded Rivian to Outperform / Strong‑Buy and raised its price target, citing the R2 SUV and autonomy roadmap as catalysts. Baird upgrades Rivian Automotive (RIVN)
- Positive Sentiment: Wedbush raised its 12‑month target to $25 (from $16) ahead of the R2 launch, boosting investor expectations for upside from new models and higher‑margin software/services. Rivian Stock Jumps Again — Wedbush Raises Target to $25 Ahead of R2 Launch
- Positive Sentiment: Multiple firms (Needham, Canaccord, Goldman among others) have reiterated or moved to more bullish stances after Rivian’s recent Autonomy & AI Day, reinforcing the narrative that the company’s software/AI roadmap is a material growth vector. Canaccord Maintains Buy on Rivian (RIVN) After Autonomy & AI Day
- Positive Sentiment: Rivian began rolling out its “Universal Hands‑Free” driving feature and continues to highlight autonomy/AI progress — tangible product developments that support higher long‑term software and services revenue expectations. Rivian rolls out new ‘Universal Hands-Free’ driving feature
- Positive Sentiment: Unusual options activity — a large purchase of call contracts — signals speculative/institutional interest betting on further upside near term. Rivian Stock Rides Momentum: What’s Going On With Shares Thursday?
- Neutral Sentiment: Analysts and commentary note Europe as a potential growth market (R2/R3, export dynamics), but launch timing and execution remain uncertain — positive opportunity but not immediate revenue. Is Europe Becoming Rivian’s Next Big Growth Opportunity?
- Negative Sentiment: Board change — former Patagonia CEO Rose Marcario resigned from Rivian’s board (SEC filing), a governance development that could concern some investors about board continuity. Former Patagonia CEO Rose Marcario resigns from Rivian’s board
- Negative Sentiment: An insider director (Peter Krawiec) sold ~3,655 shares recently; while the sale size is modest, insider selling is often viewed cautiously during strong rallies. Peter Krawiec Sells 3,655 Shares of Rivian Automotive (NASDAQ:RIVN) Stock
About Rivian Automotive
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.
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