Rivian Automotive Inc (NASDAQ: RIVN) is -15.71% 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 $11.53 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $11.21, the stock is -3.89% and -7.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 34.67 million and changing -2.78% at the moment leaves the stock -12.32% off its SMA200. RIVN registered 6.36% gain for a year compared to 6-month gain of 5.36%. The firm has a 50-day simple moving average (SMA 50) of $12.1446 and a 200-day simple moving average (SMA200) of $12.78445.
The stock witnessed a 1.63% loss in the last 1 month and extending the period to 3 months gives it a -15.40%, and is -9.67% 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 8.22% over the week and 6.24% over the month.
Rivian Automotive Inc (RIVN) has around 14861 employees, a market worth around $12.68B and $4.97B in sales. Profit margin for the company is -95.51%. Distance from 52-week low is 35.71% and -40.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-41.41%).
with sales reaching $981.52M over the same period.The EPS is expected to grow by 28.91% this year, but quarterly earnings will post 8.73% year-over-year. Quarterly sales are estimated to shrink -18.48% in year-over-year returns.
Rivian Automotive Inc (RIVN) Top Institutional Holders
987.0 institutions hold shares in Rivian Automotive Inc (RIVN), with institutional investors hold 58.23% 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 44.25% 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).
