Rivian Automotive Inc (NASDAQ: RIVN) is -5.11% lower on its value in year-to-date trading and has touched a low of $8.46 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 $12.09 in the last trading session, with the day’s gains setting it 0.53%.
Currently trading at $12.62, the stock is 6.89% and 6.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 24.43 million and changing 4.38% at the moment leaves the stock -0.35% off its SMA200. RIVN registered 39.60% gain for a year compared to 6-month gain of 20.31%. The firm has a 50-day simple moving average (SMA 50) of $11.859 and a 200-day simple moving average (SMA200) of $12.66465.
The stock witnessed a 4.30% loss in the last 1 month and extending the period to 3 months gives it a -1.17%, and is 8.79% 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 4.97% over the week and 7.54% over the month.
Rivian Automotive Inc (RIVN) has around 14861 employees, a market worth around $14.27B and $4.97B in sales. Profit margin for the company is -95.51%. Distance from 52-week low is 49.17% and -33.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-41.41%).
with sales reaching $1.02B over the same period.The EPS is expected to grow by 28.13% this year, but quarterly earnings will post 8.13% year-over-year. Quarterly sales are estimated to shrink -15.45% in year-over-year returns.
Rivian Automotive Inc (RIVN) Top Institutional Holders
990.0 institutions hold shares in Rivian Automotive Inc (RIVN), with institutional investors hold 65.42% of the company’s shares. The shares outstanding are 1.12B, and float is at 757.62M with Short Float at 19.16%. Institutions hold 44.09% 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 7.5032 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 55.91 million shares representing 5.585% 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 35,713 shares of the company’s common stock on Apr 21 ’25 at a price of $11.46 per share for a total of $0.41 million. Following the sale, the insider now owns 0.85 million shares.
Still, SEC filings show that on Apr 07 ’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).
