Rivian Automotive Inc (NASDAQ: RIVN) is -6.69% 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 $13.02 in the last trading session, with the day’s loss setting it -0.61%.
Currently trading at $12.41, the stock is 8.53% and 1.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 35.88 million and changing -4.69% at the moment leaves the stock -2.76% off its SMA200. RIVN registered 17.97% gain for a year compared to 6-month gain of 12.51%. The firm has a 50-day simple moving average (SMA 50) of $12.2678 and a 200-day simple moving average (SMA200) of $12.76255.
The stock witnessed a 6.98% loss in the last 1 month and extending the period to 3 months gives it a -11.74%, and is 6.98% up 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 6.47% over the week and 5.73% over the month.
Rivian Automotive Inc (RIVN) has around 14861 employees, a market worth around $14.03B and $4.97B in sales. Profit margin for the company is -95.51%. Distance from 52-week low is 50.24% and -34.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-41.41%).
with sales reaching $982.76M over the same period.The EPS is expected to grow by 28.92% this year, but quarterly earnings will post 8.48% year-over-year. Quarterly sales are estimated to shrink -18.38% in year-over-year returns.
Rivian Automotive Inc (RIVN) Top Institutional Holders
1002.0 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 18.48%. Institutions hold 44.27% 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 4.7442 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 24 ’25 at a price of $11.82 per share for a total of $0.84 million. Following the sale, the insider now owns 0.85 million shares.
Still, SEC filings show that on Mar 12 ’25, Scaringe Robert J (Chief Executive Officer) disposed off 71,429 shares at an average price of $11.25 for $0.8 million. The insider now directly holds 853,011 shares of Rivian Automotive Inc (RIVN).
