Rivian Automotive (NASDAQ:RIVN) Trading Down 2% After Insider Selling

Posted by Brian Himes on Sep 16th, 2026

Rivian Automotive, Inc. (NASDAQ:RIVN – Get Free Report)’s share price was down 2% during trading on Wednesday after an insider sold shares in the company. The company traded as low as $14.83 and last traded at $15.23. Approximately 30,640,299 shares changed hands during trading, an increase of 3% from the average session volume of 29,672,152 shares. The stock had previously closed at $15.54.

Specifically, insider Michael John Callahan sold 15,000 shares of Rivian Automotive stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $16.29, for a total value of $244,350.00. Following the sale, the insider directly owned 1,016,776 shares of the company’s stock, valued at $16,563,281.04. The trade was a 1.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

RIVN has been the subject of several recent research reports. Citigroup started coverage on Rivian Automotive in a research note on Monday. They issued a “neutral” rating and a $18.00 price objective for the company. UBS Group lifted their target price on shares of Rivian Automotive from $16.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Royal Bank Of Canada upped their target price on shares of Rivian Automotive from $14.00 to $16.00 and gave the stock a “sector perform” rating in a report on Friday, July 31st. TD Cowen raised their price target on shares of Rivian Automotive from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, Needham & Company LLC reissued a “buy” rating on shares of Rivian Automotive in a research note on Monday, August 10th. Twelve equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat.com, Rivian Automotive has a consensus rating of “Hold” and an average price target of $19.00.

Check Out Our Latest Stock Report on Rivian Automotive

Rivian Automotive Price Performance

The company has a debt-to-equity ratio of 0.87, a current ratio of 2.10 and a quick ratio of 1.65. The stock has a 50 day simple moving average of $16.29 and a two-hundred day simple moving average of $15.91. The company has a market cap of $22.05 billion, a price-to-earnings ratio of -5.90 and a beta of 1.62.

Rivian Automotive (NASDAQ:RIVN – Get Free Report) last issued its earnings results on Thursday, July 30th. The electric vehicle automaker reported ($0.63) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.66) by $0.03. Rivian Automotive had a negative return on equity of 73.90% and a negative net margin of 54.96%.The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the company earned ($0.97) EPS. The company’s revenue for the quarter was up 27.2% on a year-over-year basis. On average, equities research analysts predict that Rivian Automotive, Inc. will post -2.98 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rivian Automotive

A number of hedge funds have recently modified their holdings of the company. Capital International Investors raised its stake in Rivian Automotive by 13.2% during the fourth quarter. Capital International Investors now owns 20,769,844 shares of the electric vehicle automaker’s stock worth $409,374,000 after purchasing an additional 2,418,717 shares during the period. Geode Capital Management LLC grew its stake in shares of Rivian Automotive by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 14,782,865 shares of the electric vehicle automaker’s stock valued at $290,568,000 after buying an additional 59,503 shares during the period. Norges Bank acquired a new stake in shares of Rivian Automotive during the 4th quarter worth approximately $220,323,000. Dimensional Fund Advisors LP raised its position in shares of Rivian Automotive by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,438,776 shares of the electric vehicle automaker’s stock valued at $111,896,000 after buying an additional 25,382 shares during the period. Finally, Legal & General Group Plc raised its position in shares of Rivian Automotive by 5.2% during the 4th quarter. Legal & General Group Plc now owns 4,536,169 shares of the electric vehicle automaker’s stock valued at $89,408,000 after buying an additional 224,435 shares during the period. Hedge funds and other institutional investors own 66.25% of the company’s stock.

About Rivian Automotive

(Get Free Report)

Rivian Automotive, Inc designs, develops and manufactures electric vehicles and related technology. Its consumer vehicle lineup includes the R1T electric pickup truck and R1S electric SUV, which are designed for on-road and off-road use. The company also develops charging solutions, vehicle software and connected services intended to support the ownership and operation of its electric vehicles.

Rivian produces electric commercial vans for delivery and fleet applications, including vehicles developed through its relationship with Amazon.