In a filing, Rivian Automotive Inc revealed its Chief Financial Officer McDonough Claire unloaded Company’s shares for reported $97759.0 on Feb 19 ’25. In the deal valued at $14.26 per share,6,856 shares were sold. As a result of this transaction, McDonough Claire now holds 335,076 shares worth roughly $3.84 million.
Then, CLAIRE MCDONOUGH bought 6,856 shares, generating $97,759 in total proceeds.
Before that, Scaringe Robert J sold 35,713 shares. Rivian Automotive Inc shares valued at $491,414 were divested by the Chief Executive Officer at a price of $13.76 per share. As a result of the transaction, Scaringe Robert J now holds 863,361 shares, worth roughly $9.89 million.
BofA Securities downgraded its Rivian Automotive Inc [RIVN] rating to an Underperform from a a Neutral in a research note published on February 24, 2025; the price target was decreased to $10 from $13. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who decreased its forecast for the stock in late February from “an Overweight” to “a Neutral”. Bernstein began covering RIVN with “an Underperform” recommendation on January 29, 2025. Robert W. Baird revised its rating on December 18, 2024. It rated RIVN as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of RIVN
On Tuesday, Rivian Automotive Inc [NASDAQ:RIVN] saw its stock fall -4.26% to $11.45. Over the last five days, the stock has lost -20.71%. Rivian Automotive Inc shares have fallen nearly -13.91% since the year began. While a 52-week high of $18.85 was reached on 01/03/25, a 52-week low of $8.26 was recorded on 02/25/25. SMA at 50 days reached $13.48, while 200 days put it at $12.68.
Levels Of Support And Resistance For RIVN Stock
The 24-hour chart illustrates a support level at 11.16, which if violated will result in even more drops to 10.87. On the upside, there is a resistance level at 11.96. A further resistance level may holdings at 12.48. The Relative Strength Index (RSI) on the 14-day chart is 37.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.72%. Stochastics %K at 17.86% indicates the stock is a buying.
The most recent change occurred on December 09, 2024 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $18 price target.
