Stock Traders Buy Large Volume of Rivian Automotive Call Options (NASDAQ:RIVN)

Rivian Automotive, Inc. (NASDAQ:RIVN) saw unusually large options trading on Friday. Stock investors bought 153,283 call options on the company. This represents an increase of approximately 18% compared to the average volume of 129,402 call options.

Insider Activity at Rivian Automotive

In related news, CFO Claire Mcdonough sold 8,023 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $16.00, for a total value of $128,368.00. Following the completion of the transaction, the chief financial officer owned 887,007 shares of the company’s stock, valued at $14,192,112. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert J. Scaringe sold 34,818 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $15.00, for a total transaction of $522,270.00. Following the completion of the transaction, the chief executive officer directly owned 922,286 shares in the company, valued at approximately $13,834,290. This represents a 3.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 68,385 shares of company stock valued at $1,125,094 over the last quarter. 1.48% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Core Wealth Advisors LLC bought a new position in shares of Rivian Automotive during the fourth quarter valued at $27,000. SOA Wealth Advisors LLC. grew its position in shares of Rivian Automotive by 894.2% during the 4th quarter. SOA Wealth Advisors LLC. now owns 1,551 shares of the electric vehicle automaker’s stock worth $31,000 after buying an additional 1,395 shares during the period. Zions Bancorporation National Association UT acquired a new position in shares of Rivian Automotive during the fourth quarter valued at about $33,000. Glass Jacobson Investment Advisors llc increased its holdings in shares of Rivian Automotive by 96.3% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 1,737 shares of the electric vehicle automaker’s stock valued at $34,000 after acquiring an additional 852 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its stake in shares of Rivian Automotive by 113.6% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock valued at $26,000 after buying an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 66.25% of the company’s stock.

Rivian Automotive Price Performance

Shares of RIVN traded down $1.30 during trading hours on Friday, reaching $15.53. The stock had a trading volume of 40,766,025 shares, compared to its average volume of 31,621,617. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.64 and a current ratio of 2.10. Rivian Automotive has a 12 month low of $11.57 and a 12 month high of $22.69. The stock has a market capitalization of $21.13 billion, a PE ratio of -5.31 and a beta of 1.60. The company’s 50-day moving average is $16.56 and its two-hundred day moving average is $15.89.

Rivian Automotive (NASDAQ:RIVN) last issued its earnings results on Thursday, April 30th. The electric vehicle automaker reported ($0.55) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.60) by $0.05. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Rivian Automotive had a negative return on equity of 75.65% and a negative net margin of 63.62%.The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.48) EPS. Research analysts expect that Rivian Automotive will post -3.06 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Wall Street Zen upgraded Rivian Automotive from a “strong sell” rating to a “sell” rating in a research note on Sunday, May 10th. Weiss Ratings upgraded Rivian Automotive from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, July 6th. Jefferies Financial Group boosted their price target on Rivian Automotive from $16.00 to $17.00 and gave the stock a “hold” rating in a report on Tuesday, July 7th. DA Davidson upped their price objective on Rivian Automotive from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Finally, Tigress Financial reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Rivian Automotive in a research note on Friday, April 10th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $19.10.

Key Rivian Automotive News

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

• Positive Sentiment: Rivian reported second-quarter revenue of $1.66 billion, up 27.2% year over year and above the approximately $1.52 billion analyst estimate. Its adjusted loss of $0.47 per share was narrower than the expected $0.65 loss and substantially better than the year-ago loss. Rivian beats quarterly revenue estimates
• Positive Sentiment: The company began external deliveries of its lower-priced R2 SUV in June, said demand and customer conversion rates are exceeding internal expectations, and maintained its 65,000-to-70,000-vehicle delivery target while raising its full-year outlook. R2 is viewed as critical to expanding Rivian’s addressable market and improving its path to profitability. R2 ramp drives record growth
• Positive Sentiment: Rivian reduced its 2026 spending plans and reported gains in software revenue, supported in part by its Volkswagen partnership. Needham reaffirmed a Buy rating with a $23 price target, while TD Cowen raised its target to $21 and retained a Buy rating. Rivian reduces 2026 spending plans
• Neutral Sentiment: Analyst views remain divided: Wells Fargo raised its target to $16 with an Equal Weight rating, while Morgan Stanley lifted its target to $14 but maintained an Underweight rating, implying downside from recent levels. Analyst price-target changes
• Negative Sentiment: The earnings beat did not resolve concerns about weak automotive margins, ongoing substantial losses, cash needs, and intense competition. CEO RJ Scaringe acknowledged that Chinese EV makers benefit from a much lower capital-cost structure, underscoring the competitive pressure facing Rivian. What’s going on with Rivian 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.