Rivian Automotive Inc’s recent filing unveils that its Officer ROBERT J. SCARINGE acquired Company’s shares for reported $0.84 million on Mar 24 ’25. In the deal valued at $11.82 per share,71,429 shares were bought.
Then, Scaringe Robert J sold 71,429 shares, generating $803,576 in total proceeds. Upon selling the shares at $11.25, the Chief Executive Officer now owns 853,011 shares.
Before that, ROBERT J. SCARINGE bought 71,429 shares. Rivian Automotive Inc shares valued at $803,576 were divested by the Officer at a price of $11.25 per share.
Piper Sandler downgraded its Rivian Automotive Inc [RIVN] rating to a Neutral from a an Overweight in a research note published on March 20, 2025; the price target was decreased to $13 from $19. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in early March with a ‘”a Hold”‘ rating. BofA Securities also remained covering RIVN and has decreased its forecast on February 24, 2025 with a “an Underperform” recommendation from previously “Neutral” rating. Cantor Fitzgerald revised its rating on February 21, 2025. It rated RIVN as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of RIVN
On Tuesday, Rivian Automotive Inc [NASDAQ:RIVN] saw its stock jump 1.39% to $12.36. Over the last five days, the stock has gained 10.36%. Rivian Automotive Inc shares have fallen nearly -7.07% since the year began. Nevertheless, the stocks have risen 10.65% 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 $12.33, while 200 days put it at $12.75.
Levels Of Support And Resistance For RIVN Stock
The 24-hour chart illustrates a support level at 12.03, which if violated will result in even more drops to 11.70. On the upside, there is a resistance level at 12.53. A further resistance level may holdings at 12.70. The Relative Strength Index (RSI) on the 14-day chart is 57.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.53%. Stochastics %K at 94.93% indicates the stock is a selling.
How much short interest is there in Rivian Automotive Inc?
A steep rise in short interest was recorded in Rivian Automotive Inc stocks on 2025-03-14, dropping by -5.87 million shares to a total of 140.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 145.91 million shares. There was a decline of -4.19%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 29, 2025 when Bernstein began covering the stock and recommended ‘”an Underperform”‘ rating along with a $6.10 price target.
