Rivian Automotive Inc (NASDAQ: RIVN) is -19.17% lower on its value in year-to-date trading and has touched a low of $8.26 and a high of $18.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RIVN stock was last observed hovering at around $10.61 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $10.75, the stock is -9.58% and -15.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.79 million and changing 1.32% at the moment leaves the stock -15.56% off its SMA200. RIVN registered -13.10% loss for a year compared to 6-month loss of -22.83%. The firm has a 50-day simple moving average (SMA 50) of $12.7557 and a 200-day simple moving average (SMA200) of $12.7305.
The stock witnessed a -13.86% gain in the last 1 month and extending the period to 3 months gives it a -23.54%, and is -3.76% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.05% over the week and 5.95% over the month.
Rivian Automotive Inc (RIVN) has around 14861 employees, a market worth around $12.16B and $4.97B in sales. Profit margin for the company is -95.51%. Distance from 52-week low is 30.15% and -42.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-41.41%).
with sales reaching $993.66M over the same period.The EPS is expected to grow by 29.22% this year, but quarterly earnings will post 8.38% year-over-year. Quarterly sales are estimated to shrink -17.47% in year-over-year returns.
Rivian Automotive Inc (RIVN) Top Institutional Holders
1001.0 institutions hold shares in Rivian Automotive Inc (RIVN), with institutional investors hold 58.27% of the company’s shares. The shares outstanding are 1.12B, and float is at 757.62M with Short Float at 18.31%. Institutions hold 44.29% of the Float.
The top institutional shareholder in the company is AMAZON COM INC with over 158.36 million shares valued at $2.13 billion. The investor’s holdings represent 15.8206% of the RIVN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 75.11 million shares valued at $1.01 billion to account for 7.6797 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 55.91 million shares representing 5.7164% and valued at over $750.26 million, while BLACKROCK INC. holds 4.8558 of the shares totaling 47.49 million with a market value of $637.31 million.
Rivian Automotive Inc (RIVN) Insider Activity
The most recent transaction is an insider sale by Scaringe Robert J, the company’s Chief Executive Officer. SEC filings show that Scaringe Robert J sold 71,429 shares of the company’s common stock on Mar 12 ’25 at a price of $11.25 per share for a total of $0.8 million. Following the sale, the insider now owns 0.85 million shares.
Still, SEC filings show that on Feb 19 ’25, McDonough Claire (Chief Financial Officer) disposed off 6,856 shares at an average price of $14.26 for $97759.0. The insider now directly holds 335,076 shares of Rivian Automotive Inc (RIVN).
