Rivian Automotive, Inc. $RIVN Stake Boosted by Kestra Advisory Services LLC

Posted by Geri Gentry on Jul 22nd, 2026

Kestra Advisory Services LLC increased its stake in Rivian Automotive, Inc. (NASDAQ:RIVN – Free Report) by 41.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 108,360 shares of the electric vehicle automaker’s stock after purchasing an additional 31,837 shares during the period. Kestra Advisory Services LLC’s holdings in Rivian Automotive were worth $1,631,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RIVN. Resona Asset Management Co. Ltd. grew its stake in Rivian Automotive by 5.1% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 245,818 shares of the electric vehicle automaker’s stock worth $3,678,000 after buying an additional 11,920 shares during the last quarter. Frank Rimerman Advisors LLC acquired a new stake in Rivian Automotive in the first quarter worth $194,000. Clare Market Investments LLC bought a new stake in Rivian Automotive in the first quarter valued at $916,000. Cypress Capital LLC lifted its stake in Rivian Automotive by 22.6% in the first quarter. Cypress Capital LLC now owns 14,667 shares of the electric vehicle automaker’s stock valued at $221,000 after buying an additional 2,707 shares during the last quarter. Finally, Hodges Capital Management Inc. acquired a new position in shares of Rivian Automotive during the first quarter valued at $301,000. Institutional investors and hedge funds own 66.25% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on RIVN shares. Jefferies Financial Group upped their price target on shares of Rivian Automotive from $16.00 to $17.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. TD Cowen reiterated a “buy” rating and issued a $20.00 price objective on shares of Rivian Automotive in a research report on Wednesday, June 3rd. UBS Group boosted their target price on shares of Rivian Automotive from $16.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Wall Street Zen upgraded shares of Rivian Automotive from a “strong sell” rating to a “sell” rating in a research report on Sunday, May 10th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $22.00 price target on shares of Rivian Automotive in a research note on Monday, April 6th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and six have issued a Sell rating to the company. According to MarketBeat, Rivian Automotive has an average rating of “Hold” and a consensus price target of $18.86.

Get Our Latest Report on RIVN

Rivian Automotive Trading Up 3.0%

NASDAQ:RIVN opened at $17.76 on Wednesday. Rivian Automotive, Inc. has a 1 year low of $11.57 and a 1 year high of $22.69. The stock has a market cap of $24.17 billion, a price-to-earnings ratio of -6.08 and a beta of 1.60. The business has a fifty day moving average of $16.18 and a 200-day moving average of $16.04. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.64 and a current ratio of 2.10.

Rivian Automotive (NASDAQ:RIVN – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The electric vehicle automaker reported ($0.55) EPS for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.05. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.37 billion. Rivian Automotive had a negative return on equity of 75.65% and a negative net margin of 63.62%.The company’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period last year, the company earned ($0.48) earnings per share. Equities analysts predict that Rivian Automotive, Inc. will post -3.06 earnings per share for the current year.

Insider Buying and Selling at Rivian Automotive

In other news, CFO Claire Mcdonough sold 8,023 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $16.00, for a total value of $128,368.00. Following the completion of the sale, the chief financial officer directly owned 887,007 shares of the company’s stock, valued at approximately $14,192,112. This represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Boone sold 20,000 shares of the stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $20.00, for a total transaction of $400,000.00. Following the completion of the transaction, the director owned 110,000 shares of the company’s stock, valued at $2,200,000. This trade represents a 15.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 68,385 shares of company stock valued at $1,125,094. Company insiders own 1.48% of the company’s stock.

About Rivian Automotive

(Free Report)

Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.

Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.