Odyssean LLC Grows Stock Holdings in Rivian Automotive, Inc. $RIVN

Odyssean LLC increased its position in shares of Rivian Automotive, Inc. (NASDAQ:RIVN) by 97.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,259 shares of the electric vehicle automaker’s stock after purchasing an additional 54,343 shares during the period. Odyssean LLC’s holdings in Rivian Automotive were worth $1,913,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in Rivian Automotive by 28.0% during the 4th quarter. Brighton Jones LLC now owns 17,685 shares of the electric vehicle automaker’s stock worth $235,000 after buying an additional 3,864 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Rivian Automotive by 1.5% during the 1st quarter. AQR Capital Management LLC now owns 386,384 shares of the electric vehicle automaker’s stock worth $4,733,000 after acquiring an additional 5,590 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Rivian Automotive by 10.1% in the 1st quarter. Empowered Funds LLC now owns 54,560 shares of the electric vehicle automaker’s stock valued at $679,000 after acquiring an additional 4,998 shares during the last quarter. Focus Partners Wealth raised its position in shares of Rivian Automotive by 29.0% during the 1st quarter. Focus Partners Wealth now owns 64,534 shares of the electric vehicle automaker’s stock worth $803,000 after acquiring an additional 14,497 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of Rivian Automotive by 57.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 5,107 shares of the electric vehicle automaker’s stock worth $64,000 after acquiring an additional 1,856 shares in the last quarter. Hedge funds and other institutional investors own 66.25% of the company’s stock.

Key Rivian Automotive News

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: Rivian recently moved above both its 50-day and 200-day moving averages, signals that technical analysts often interpret as evidence of improving short- and long-term momentum. Rivian Automotive Recently Broke Out Above the 50-Day Moving Average Rivian Automotive Recently Broke Out Above the 200-Day Moving Average
• Positive Sentiment: Raised delivery forecasts and quarterly revenue growth of approximately 27% have supported optimism about demand and Rivian’s operating trajectory. The outlook is tempered by margin pressure and continued cash consumption. What Rising Delivery Forecasts Say About Rivian’s Stock Prospects
• Positive Sentiment: Traders purchased about 185,311 RIVN call options, roughly 43% above typical volume. This indicates increased speculative bullish interest, although options activity does not guarantee sustained buying in the shares. Rivian Options Activity Sparks Fresh Curiosity
• Positive Sentiment: Forecast growth in the broader EV-charging market, alongside Rivian’s participation in charging ecosystems, provides a supportive long-term industry backdrop but is not a direct near-term revenue catalyst. EV Charging Station Market Growth Forecast
• Neutral Sentiment: CFO Claire McDonough sold approximately 1% of her direct holdings under a prearranged Rule 10b5-1 plan and still owns about 819,000 shares. The planned nature and limited size reduce the significance of the transaction. Rivian CFO Sells Shares
• Negative Sentiment: Rivian remains unprofitable, with analysts expecting a full-year loss and investors continuing to monitor manufacturing margins, liquidity and cash burn despite improved revenue and EPS performance.
• Neutral Sentiment: The reported August short-interest data lists zero shares and a zero-day short ratio while also describing a significant increase. Those contradictory figures appear unreliable and provide no meaningful short-covering signal.

Insider Activity

In other news, CEO Robert J. Scaringe sold 34,818 shares of Rivian Automotive stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $15.00, for a total value of $522,270.00. Following the transaction, the chief executive officer directly owned 922,286 shares of the company’s stock, valued at $13,834,290. The trade was a 3.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Claire Mcdonough sold 8,023 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $16.00, for a total transaction of $128,368.00. Following the completion of the sale, the chief financial officer owned 819,178 shares of the company’s stock, valued at approximately $13,106,848. This trade represents a 0.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 84,008 shares of company stock valued at $1,369,594. 1.48% of the stock is currently owned by company insiders.

Rivian Automotive Stock Up 0.8%

Shares of NASDAQ RIVN opened at $16.74 on Wednesday. The stock has a market cap of $24.24 billion, a PE ratio of -6.49 and a beta of 1.61. The company has a quick ratio of 1.65, a current ratio of 2.10 and a debt-to-equity ratio of 0.87. Rivian Automotive, Inc. has a 52-week low of $12.39 and a 52-week high of $22.69. The business has a 50-day moving average price of $16.49 and a 200 day moving average price of $15.86.

Rivian Automotive (NASDAQ:RIVN) last released its quarterly earnings results on Thursday, July 30th. The electric vehicle automaker reported ($0.47) EPS for the quarter, topping the consensus estimate of ($0.66) by $0.19. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.52 billion. Rivian Automotive had a negative return on equity of 73.90% and a negative net margin of 54.96%.The firm’s revenue was up 27.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.97) earnings per share. Equities research analysts forecast that Rivian Automotive, Inc. will post -2.98 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. TD Cowen upped their price target on Rivian Automotive from $20.00 to $21.00 and gave the company a “buy” rating in a report on Friday, July 31st. Morgan Stanley raised their price objective on shares of Rivian Automotive from $13.00 to $14.00 and gave the stock an “underweight” rating in a report on Friday, July 31st. Weiss Ratings upgraded shares of Rivian Automotive from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, July 6th. Royal Bank Of Canada upped their target price on shares of Rivian Automotive from $14.00 to $16.00 and gave the company a “sector perform” rating in a report on Friday, July 31st. Finally, Benchmark reaffirmed a “buy” rating and issued a $25.00 target price on shares of Rivian Automotive in a research report on Friday, May 1st. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat, Rivian Automotive currently has a consensus rating of “Hold” and a consensus price target of $19.05.

Rivian Automotive Profile

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.