Rivian Automotive (NASDAQ:RIVN) Stock: Insider Michael John Callahan Sells 15,000 Shares

Key Points

• Insider Michael John Callahan sold 15,000 Rivian shares for $225,000 at an average price of $15.00 under a pre-arranged Rule 10b5-1 plan, reducing his ownership by 1.48% to 1,001,776 shares.
• Rivian shares traded at $14.30, below their 50-day and 200-day moving averages. The company recently exceeded quarterly earnings and revenue estimates, but remains unprofitable with a negative net margin.
• Analysts have a consensus “Hold” rating and an average price target of $19.00, while recent developments include record vehicle deliveries and production, alongside an R2 battery-pack recall and unchanged 2026 delivery guidance.

Rivian Automotive, Inc. (NASDAQ:RIVN - Get Free Report) insider Michael John Callahan sold 15,000 shares of Rivian Automotive stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $15.00, for a total transaction of $225,000.00. Following the sale, the insider directly owned 1,001,776 shares of the company's stock, valued at $15,026,640. This represents a 1.48% 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.

Michael John Callahan also recently made the following trade(s):

• On Friday, September 11th, Michael John Callahan sold 15,000 shares of Rivian Automotive stock. The shares were sold at an average price of $16.29, for a total value of $244,350.00.

Rivian Automotive Price Performance

NASDAQ RIVN traded down $0.46 during trading hours on Friday, reaching $14.30. 60,661,819 shares of the stock traded hands, compared to its average volume of 29,549,975. The stock has a 50 day simple moving average of $15.76 and a two-hundred day simple moving average of $15.88. Rivian Automotive, Inc. has a 1 year low of $12.39 and a 1 year high of $22.69. 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 company has a market cap of $20.70 billion, a price-to-earnings ratio of -5.54 and a beta of 1.62.

Rivian Automotive (NASDAQ:RIVN - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The electric vehicle automaker reported ($0.63) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.66) by $0.03. The firm had revenue of $1.66 billion during 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 company'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. On average, analysts predict that Rivian Automotive, Inc. will post -2.96 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on RIVN. Royal Bank Of Canada upped their price objective on shares of Rivian Automotive from $14.00 to $16.00 and gave the company a "sector perform" rating in a research note on Friday, July 31st. Wells Fargo & Company lifted their target price on shares of Rivian Automotive from $15.00 to $16.00 and gave the stock an "equal weight" rating in a research report on Friday, July 31st. TD Cowen boosted 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. Jefferies Financial Group upped their price target on shares of Rivian Automotive from $16.00 to $17.00 and gave the company a "hold" rating in a research report on Tuesday, July 7th. Finally, Piper Sandler raised Rivian Automotive from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $18.00 to $20.00 in a research note on Monday, July 27th. Twelve 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, the company has a consensus rating of "Hold" and an average target price of $19.00.

Key Stories Impacting Rivian Automotive

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

• Positive Sentiment: Rivian delivered a quarterly record of 19,248 vehicles, up 46% year over year and reportedly above analyst expectations. The performance was supported by the rollout of the lower-priced R2 SUV, strengthening the company’s prospects in the broader mass-market EV segment. Rivian deliveries hit record high as R2 rollout gains momentum
• Positive Sentiment: The company produced 19,751 vehicles in the quarter and reaffirmed its 2026 delivery outlook of 65,000 to 70,000 vehicles, suggesting production and demand remain aligned with management’s expectations. Rivian Releases Q3 2026 Production and Delivery Figures
• Positive Sentiment: Investors purchased 147,831 RIVN call options, 27% above the average call volume, signaling heightened bullish or speculative interest in the stock.
• Neutral Sentiment: Rivian plans to add LiDAR and RAP1 autonomy technology to employee R2 vehicles by late 2026, with customer availability targeted for 2027. The technology could support future growth, but meaningful customer adoption is still several months away. Rivian Pushes R2 LiDAR Autonomy Tech for Customers to 2027
• Negative Sentiment: Although deliveries beat expectations, Rivian did not raise its 2026 forecast. Investors appeared to want stronger forward guidance, making the results vulnerable to a “buy the news, sell the news” reaction. Rivian Crushes Delivery Numbers. Why the Stock Is Down
• Negative Sentiment: Rivian recalled R2 SUVs because improperly tightened high-voltage battery-pack fasteners could cause a loss of power while driving. The recall raises near-term concerns about quality, safety and potential repair costs. Rivian issues R2 recall for poorly tightened battery packs

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. MCF Advisors LLC boosted its position in Rivian Automotive by 3,500.0% during the 2nd quarter. MCF Advisors LLC now owns 1,800 shares of the electric vehicle automaker's stock valued at $31,000 after buying an additional 1,750 shares during the period. Ancora Advisors LLC bought a new stake in Rivian Automotive in the 2nd quarter worth $44,000. Oslo Pensjonsforsikring AS purchased a new position in shares of Rivian Automotive in the first quarter valued at about $39,000. Osbon Capital Management LLC purchased a new position in shares of Rivian Automotive in the fourth quarter valued at about $57,000. Finally, Continuum Advisory LLC bought a new position in shares of Rivian Automotive during the second quarter valued at about $75,000. 66.25% of the stock is owned by hedge funds and other institutional investors.

About Rivian Automotive

Rivian Automotive, Inc is an electric vehicle manufacturer focused on developing and producing vehicles designed for adventure, utility and commercial use. The company's lineup includes the R1T electric pickup truck and R1S electric SUV, which feature all-electric powertrains, advanced driver-assistance technology and software-enabled vehicle systems.

Rivian also develops electric commercial vehicles, including delivery vans, along with vehicle software, charging solutions and related services.

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