Entropy Technologies LP Takes $3.86 Million Position in Rivian Automotive, Inc. $RIVN

Entropy Technologies LP bought a new stake in Rivian Automotive, Inc. (NASDAQ:RIVN) during the third quarter, HoldingsChannel reports. The firm bought 262,734 shares of the electric vehicle automaker’s stock, valued at approximately $3,857,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC grew its stake in Rivian Automotive by 28.0% in the fourth quarter. Brighton Jones LLC now owns 17,685 shares of the electric vehicle automaker’s stock valued at $235,000 after purchasing an additional 3,864 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Rivian Automotive by 1.5% during the 1st quarter. AQR Capital Management LLC now owns 386,384 shares of the electric vehicle automaker’s stock worth $4,733,000 after purchasing an additional 5,590 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Rivian Automotive by 10.1% in the 1st quarter. Empowered Funds LLC now owns 54,560 shares of the electric vehicle automaker’s stock valued at $679,000 after buying an additional 4,998 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of Rivian Automotive by 29.0% in the 1st quarter. Focus Partners Wealth now owns 64,534 shares of the electric vehicle automaker’s stock valued at $803,000 after buying an additional 14,497 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of Rivian Automotive by 57.1% in the first quarter. Geneos Wealth Management Inc. now owns 5,107 shares of the electric vehicle automaker’s stock valued at $64,000 after buying an additional 1,856 shares in the last quarter. Institutional investors own 66.25% of the company’s stock.

Rivian Automotive Trading Down 8.1%

RIVN stock opened at $15.30 on Friday. Rivian Automotive, Inc. has a one year low of $10.36 and a one year high of $22.69. The stock has a market cap of $18.99 billion, a price-to-earnings ratio of -4.98 and a beta of 1.75. The company has a fifty day moving average price of $16.20 and a two-hundred day moving average price of $15.75. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.33 and a quick ratio of 1.89.

Rivian Automotive (NASDAQ:RIVN) last issued 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 for the quarter, compared to analyst estimates of $1.27 billion. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 65.05%. The company’s revenue was down 25.8% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.70) earnings per share. Equities analysts anticipate that Rivian Automotive, Inc. will post -3.2 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Evercore restated an “outperform” rating on shares of Rivian Automotive in a report on Monday, December 15th. Wolfe Research cut shares of Rivian Automotive from a “peer perform” rating to an “underperform” rating in a research note on Monday, January 12th. Bank of America began coverage on shares of Rivian Automotive in a research note on Wednesday, March 4th. They set an “underperform” rating and a $14.00 price objective on the stock. Wells Fargo & Company upped their target price on shares of Rivian Automotive from $12.00 to $15.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $15.00 target price on shares of Rivian Automotive in a research note on Tuesday, March 3rd. Eleven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat, Rivian Automotive presently has a consensus rating of “Hold” and a consensus target price of $18.00.

Key Rivian Automotive News

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

• Positive Sentiment: Wall Street support: TD Cowen upgraded Rivian and raised its outlook, adding near‑term bullish analyst momentum that had lifted the stock before the reveal. TD Cowen Upgrade
• Positive Sentiment: Asset value unlocked: Rivian’s AI/robotics spinout, Mind Robotics, raised $500M at ~a $2B valuation—validating Rivian’s technology/IP and providing an indirect value catalyst separate from vehicle sales. Mind Robotics Funding
• Neutral Sentiment: R2 is strategically crucial but execution‑dependent: analysts and commentary frame the R2 as a make‑or‑break product for Rivian’s move into the mass market—big upside if the ramp and margins play out, but dependent on production execution and timing. Investopedia R2 Analysis
• Negative Sentiment: Pricing/timing disappointment: Rivian announced the R2 will start with a $57,990 Performance “Launch” model this spring, while the targeted $45,000 base R2 won’t arrive until late 2027—dampening near‑term expectations for a direct, immediate Model Y competitor. Reuters: R2 Deliveries & Pricing
• Negative Sentiment: Immediate market reaction: Several outlets note the stock traded down and underperformed the broader market after the reveal — investors appear to have taken profits or sold on the realization that the mass‑market price point is still years away. Zacks: Why RIVN Fell

Insider Activity at Rivian Automotive

In other news, Director Peter Krawiec sold 3,655 shares of the business’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 sale, the director owned 29,122 shares in the company, valued at $566,422.90. The trade was a 11.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Robert J. Scaringe sold 34,900 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $16.80, for a total value of $586,320.00. Following the completion of the transaction, the chief executive officer directly owned 1,044,731 shares in the company, valued at $17,551,480.80. The trade was a 3.23% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 135,488 shares of company stock worth $2,369,819. 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.