Rivian Automotive Inc’s recently made public that its Officer ROBERT J. SCARINGE acquired Company’s shares for reported $0.41 million on Apr 21 ’25. In the deal valued at $11.46 per share,35,713 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 Monday, Rivian Automotive Inc [NASDAQ:RIVN] saw its stock fall -3.88% to $11.15. Over the last five days, the stock has lost -2.79%. Rivian Automotive Inc shares have fallen nearly -16.17% since the year began. Nevertheless, the stocks have risen 27.57% over the past one year. While a 52-week high of $18.85 was reached on 01/03/25, a 52-week low of $8.31 was recorded on 04/04/25. SMA at 50 days reached $11.91, while 200 days put it at $12.73.
Levels Of Support And Resistance For RIVN Stock
The 24-hour chart illustrates a support level at 10.82, which if violated will result in even more drops to 10.48. On the upside, there is a resistance level at 11.52. A further resistance level may holdings at 11.88. The Relative Strength Index (RSI) on the 14-day chart is 44.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.76%. Stochastics %K at 34.82% 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 2025-03-31, growing by 3.1 million shares to a total of 141.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 138.74 million shares. There was a rise of 2.18%, which implies that there is a positive 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.
