Rivian Automotive Inc’s recently made public that its Chief Executive Officer Scaringe Robert J unloaded Company’s shares for reported $0.8 million on Mar 12 ’25. In the deal valued at $11.25 per share,71,429 shares were sold. As a result of this transaction, Scaringe Robert J now holds 853,011 shares worth roughly $9.55 million.
Then, ROBERT J. SCARINGE bought 71,429 shares, generating $803,576 in total proceeds.
Before that, McDonough Claire sold 6,856 shares. Rivian Automotive Inc shares valued at $97,759 were divested by the Chief Financial Officer at a price of $14.26 per share. As a result of the transaction, McDonough Claire now holds 335,076 shares, worth roughly $3.75 million.
TD Cowen initiated its Rivian Automotive Inc [RIVN] rating to a Hold in a research note published on March 07, 2025; the price target was $12.70. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late February from “a Neutral” to “an Underperform”. Cantor Fitzgerald also remained covering RIVN and has decreased its forecast on February 21, 2025 with a “Neutral” recommendation from previously “an Overweight” rating. Bernstein started covering the stock on January 29, 2025. It rated RIVN as “an Underperform”.
Price Performance Review of RIVN
On Tuesday, Rivian Automotive Inc [NASDAQ:RIVN] saw its stock jump 1.63% to $11.20. Over the last five days, the stock has gained 3.80%. Rivian Automotive Inc shares have fallen nearly -15.79% since the year began. Nevertheless, the stocks have risen 4.77% over the past one year. While a 52-week high of $18.85 was reached on 01/03/25, a 52-week low of $8.26 was recorded on 03/11/25. SMA at 50 days reached $12.67, while 200 days put it at $12.74.
Levels Of Support And Resistance For RIVN Stock
The 24-hour chart illustrates a support level at 10.86, which if violated will result in even more drops to 10.52. On the upside, there is a resistance level at 11.64. A further resistance level may holdings at 12.07. The Relative Strength Index (RSI) on the 14-day chart is 43.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.89%. Stochastics %K at 26.29% indicates the stock is a holding.
How much short interest is there in Rivian Automotive Inc?
A steep rise in short interest was recorded in Rivian Automotive Inc stocks on 2025-02-28, dropping by -1.07 million shares to a total of 138.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 139.81 million shares. There was a decline of -0.77%, which implies that there is a negative sentiment for the stock.
