The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Rivian Automotive Inc shares valued at $409,360 were sold by Scaringe Robert J on Apr 21 ’25. At $11.46 per share, Scaringe Robert J sold 35,713 shares. The insider’s holdings dropped to 853,011 shares worth approximately $11.74 million following the completion of this transaction.
Also, ROBERT J. SCARINGE purchased 35,713 shares, netting a total of over 409,360 in proceeds.
Before that, Scaringe Robert J had sold 71,429 shares from its account. In a trade valued at $803,576, the Chief Executive Officer traded Rivian Automotive Inc shares for $11.25 each. Upon closing the transaction, the insider’s holdings decreased to 71,429 shares, worth approximately $11.74 million.
As published in a research note from Piper Sandler on March 20, 2025, Rivian Automotive Inc [RIVN] has been rated down from an Overweight to a Neutral and the price target has been revised to $13 from $19. Analysts at TD Cowen started covering the stock with ‘”a Hold”‘ outlook in a report released in early March. As of February 24, 2025, BofA Securities has decreased its “Neutral” rating to a “an Underperform” for RIVN. Earlier on February 21, 2025, Cantor Fitzgerald downgraded its rating. Their new recommendation was “a Neutral” for RIVN stock which previously was a “an Overweight”.
Analyzing RIVN Stock Performance
During the last five days, there has been a surge of approximately 13.81%. Over the course of the year, Rivian Automotive Inc shares have jumped approximately 3.46%. Shares of the company reached a 52-week high of $16.65 on 01/03/25 and a 52-week low of $10.36 on 04/04/25. A 50-day SMA is recorded $11.82, while a 200-day SMA reached $12.59.
Support And Resistance Levels for Rivian Automotive Inc (RIVN)
According to the 24-hour chart, there is a support level at 13.59, which, if violated, would cause prices to drop to 13.41. In the upper region, resistance lies at 14.05. The next price resistance is at 14.33. RSI (Relative Strength Index) is 66.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.33, which suggests the price will increase in the coming days. Percent R is at 12.08%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
