Rivian Automotive Inc’s recently made public that its Chief Financial Officer McDonough Claire unloaded Company’s shares for reported $0.26 million on May 16 ’25. In the deal valued at $15.39 per share,17,185 shares were sold. As a result of this transaction, McDonough Claire now holds 824,875 shares worth roughly $13.96 million.
Then, Scaringe Robert J sold 107,144 shares, generating $1,633,946 in total proceeds. Upon selling the shares at $15.25, the Chief Executive Officer now owns 1,483,111 shares.
Before that, Scaringe Robert J sold 71,428 shares. Rivian Automotive Inc shares valued at $1,097,077 were divested by the Chief Executive Officer at a price of $15.36 per share. As a result of the transaction, Scaringe Robert J now holds 1,483,111 shares, worth roughly $25.09 million.
Jefferies downgraded its Rivian Automotive Inc [RIVN] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in mid March from “an Overweight” to “a Neutral”. TD Cowen began covering RIVN with “Hold” recommendation on March 07, 2025. BofA Securities revised its rating on February 24, 2025. It rated RIVN as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of RIVN
On Tuesday, Rivian Automotive Inc [NASDAQ:RIVN] saw its stock jump 3.87% to $16.92. Over the last five days, the stock has gained 13.79%. Rivian Automotive Inc shares have risen nearly 27.22% since the year began. Nevertheless, the stocks have risen 67.03% over the past one year. While a 52-week high of $18.85 was reached on 05/20/25, a 52-week low of $9.50 was recorded on 04/04/25. SMA at 50 days reached $12.58, while 200 days put it at $12.46.
Levels Of Support And Resistance For RIVN Stock
The 24-hour chart illustrates a support level at 16.38, which if violated will result in even more drops to 15.83. On the upside, there is a resistance level at 17.31. A further resistance level may holdings at 17.69. The Relative Strength Index (RSI) on the 14-day chart is 78.45, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.77, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.97%. Stochastics %K at 96.95% indicates the stock is a selling.
