Rivian Automotive (NASDAQ:RIVN) Stock Price Down 2.9% – Should You Sell?

Posted by Francis Steltz on Aug 16th, 2026

Rivian Automotive, Inc. (NASDAQ:RIVN – Get Free Report) shares traded down 2.9% during mid-day trading on Friday . The company traded as low as $15.32 and last traded at $15.36. Approximately 16,956,079 shares changed hands during trading, a decline of 45% from the average daily volume of 30,770,963 shares. The stock had previously closed at $15.82.

Analyst Ratings Changes

RIVN has been the subject of several recent analyst reports. Wall Street Zen raised Rivian Automotive from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. UBS Group lifted their target price on shares of Rivian Automotive from $16.00 to $17.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. BNP Paribas Exane lifted their target price on shares of Rivian Automotive from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Wednesday, July 8th. Wells Fargo & Company boosted their price target on shares of Rivian Automotive from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $19.00 price target on shares of Rivian Automotive in a report on Tuesday, July 28th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $18.95.

Check Out Our Latest Research Report on RIVN

Rivian Automotive Price Performance

The company has a current ratio of 2.10, a quick ratio of 1.65 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $22.24 billion, a PE ratio of -5.95 and a beta of 1.61. The business has a fifty day moving average price of $16.50 and a 200-day moving average price of $15.80.

Insiders Place Their Bets

In other Rivian Automotive news, CFO Claire Mcdonough sold 8,023 shares of Rivian Automotive stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $16.00, for a total transaction of $128,368.00. Following the transaction, the chief financial officer directly owned 887,007 shares of the company’s stock, valued at approximately $14,192,112. This trade represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert J. Scaringe sold 34,818 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $15.00, for a total transaction of $522,270.00. Following the completion of the sale, the chief executive officer owned 922,286 shares of the company’s stock, valued at approximately $13,834,290. The trade was a 3.64% 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. Insiders sold a total of 68,385 shares of company stock valued at $1,125,094 over the last quarter. 1.48% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Rivian Automotive

Institutional investors and hedge funds have recently made changes to their positions in the business. Newbridge Financial Services Group Inc. lifted its stake in Rivian Automotive by 113.6% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock worth $26,000 after purchasing an additional 1,000 shares during the last quarter. Core Wealth Advisors LLC bought a new position in shares of Rivian Automotive during the fourth quarter valued at about $27,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Rivian Automotive during the third quarter valued at about $31,000. Zions Bancorporation National Association UT purchased a new position in shares of Rivian Automotive in the fourth quarter worth about $33,000. Finally, Oslo Pensjonsforsikring AS purchased a new position in shares of Rivian Automotive in the first quarter worth about $39,000. Institutional investors own 66.25% of the company’s stock.

About Rivian Automotive

(Get 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.