---
title: "Rivian Automotive (NASDAQ:RIVN) Director Jay Flatley Purchases 490 Shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278157010.md"
description: "Rivian Automotive Director Jay Flatley purchased 490 shares at $20.67 each, totaling $10,128.30, increasing his ownership by 0.30% to 161,310 shares valued at $3,334,277.70. CEO Robert Scaringe sold 17,450 shares, reducing his stake by 1.67%. Rivian reported Q4 EPS of -$0.66 on $1.29 billion revenue, with analysts holding a mixed consensus of \"Hold\" and a target of $17.86. The stock trades around $15.30, facing challenges from insider selling and a Bank of America Underperform rating with a $14 target."
datetime: "2026-03-06T19:27:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278157010.md)
  - [en](https://longbridge.com/en/news/278157010.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278157010.md)
---

# Rivian Automotive (NASDAQ:RIVN) Director Jay Flatley Purchases 490 Shares

## Key Points

-   **CEO Robert Scaringe sold 17,450 shares** on March 3 at an average price of $15 for $261,750, lowering his stake by 1.67% to 1,027,281 shares; the transaction was disclosed in an SEC Form 4 filing.
-   **Rivian reported Q4 EPS of -$0.66 (beat est.)** on $1.29 billion in revenue (down 25.8% YoY) and the stock trades near $15.30 with a market cap around $19 billion amid negative margins.
-   Analysts are mixed—the consensus is a **"Hold"** with an average target of $17.86—and company catalysts include the planned **R2 launch** and an EnergyHub managed‑charging deal, though a Bank of America **Underperform** call and insider selling are potential near‑term headwinds.

Rivian Automotive, Inc. (NASDAQ:RIVN - Get Free Report) Director Jay Flatley purchased 490 shares of the firm's stock in a transaction on Thursday, July 6th. The shares were acquired at an average price of $20.67 per share, with a total value of $10,128.30. Following the completion of the acquisition, the director owned 161,310 shares in the company, valued at approximately $3,334,277.70. This trade represents a 0.30% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

## Rivian Automotive Trading Up 1.2%

-   3 Under-the-Radar Earnings Surprises Could Signal a New Trend

RIVN stock traded up $0.18 during mid-day trading on Friday, reaching $15.37. The company's stock had a trading volume of 14,331,359 shares, compared to its average volume of 30,400,338. The company has a market cap of $19.07 billion, a price-to-earnings ratio of -5.01 and a beta of 1.75. Rivian Automotive, Inc. has a 12 month low of $10.36 and a 12 month high of $22.69. The business's 50 day moving average price is $16.62 and its 200 day moving average price is $15.62. The company has a current ratio of 2.33, a quick ratio of 1.89 and a debt-to-equity ratio of 0.97.

* * *

* * *

Rivian Automotive (NASDAQ:RIVN - Get Free Report) last released its earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.66) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.68) by $0.02. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.27 billion. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 65.05%. Rivian Automotive's quarterly revenue was down 25.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.70) EPS. On average, equities research analysts predict that Rivian Automotive, Inc. will post -3.2 EPS for the current year.

## Key Headlines Impacting Rivian Automotive

-   Rivian Posts Biggest Gain Since IPO After Q4 2025 Earnings

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

-   Positive Sentiment: Rivian is positioning the cheaper, global R2 SUV as a volume growth vehicle and has signed a managed‑charging partnership with EnergyHub — both expand addressable market and create potential grid/recurring revenue upside if rollout and software monetization succeed. Rivian R2 Launch And EnergyHub Deal Reframe Growth And Risk Profile
-   Positive Sentiment: Reporting (TechCrunch) flags Rivian is attempting one of the fastest R2 launches in U.S. history — rapid production ramp could materially improve volumes and unit economics if executed, making this a high‑upside operational catalyst. Rivian is betting its future on one of the fastest EV launches in US history
-   Neutral Sentiment: Analysts remain split on demand, margins and regulatory impacts; mixed coverage keeps a wide dispersion of price targets and suggests ongoing trading volatility rather than consensus direction. Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks
-   Neutral Sentiment: Rivian presented at the Morgan Stanley TMT conference — useful for management color on R2 timing, margins and capital allocation but not an immediate market mover by itself. Rivian Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
-   Neutral Sentiment: Bank of America began/reinstated coverage — new institutional coverage can boost liquidity and focus, but the ultimate impact depends on the rating. Bank of America Begins Coverage on Rivian Automotive (NASDAQ:RIVN)
-   Negative Sentiment: Bank of America assigned an Underperform with a $14 target — an influential sell‑side view that can pressure sentiment and act as an immediate headwind for shares. Ford and Rivian: BofA Reinstates Both as Regulatory Shift Reshapes the Auto Landscape
-   Negative Sentiment: CEO Robert Scaringe sold 17,450 shares at an average of $15 on March 3 — a sizable insider sale that often weighs on near‑term sentiment, even though his remaining stake remains large. SEC Form 4 — Robert J. Scaringe

## Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. TD Cowen boosted their price objective on Rivian Automotive from $13.00 to $17.00 and gave the company a "hold" rating in a report on Friday, February 13th. Canaccord Genuity Group reissued a "buy" rating on shares of Rivian Automotive in a research report on Monday, December 15th. Wedbush restated an "outperform" rating and set a $25.00 price objective on shares of Rivian Automotive in a report on Friday, February 13th. Morgan Stanley reiterated an "underweight" rating and set a $12.00 price objective on shares of Rivian Automotive in a report on Monday, December 8th. Finally, Wall Street Zen lowered Rivian Automotive from a "hold" rating to a "strong sell" rating in a research report on Sunday, February 15th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $17.86.

-   America’s New Favorite EV Isn’t Tesla—and the Stock May Surprise

**Get Our Latest Stock Report on RIVN**

## Hedge Funds Weigh In On Rivian Automotive

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its holdings in shares of Rivian Automotive by 28.0% in 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 raised its position in Rivian Automotive by 1.5% during the first quarter. AQR Capital Management LLC now owns 386,384 shares of the electric vehicle automaker's stock valued at $4,733,000 after purchasing an additional 5,590 shares in the last quarter. Empowered Funds LLC lifted its stake in Rivian Automotive by 10.1% during the first quarter. Empowered Funds LLC now owns 54,560 shares of the electric vehicle automaker's stock worth $679,000 after purchasing an additional 4,998 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of Rivian Automotive by 29.0% in the 1st quarter. Focus Partners Wealth now owns 64,534 shares of the electric vehicle automaker's stock worth $803,000 after purchasing an additional 14,497 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased 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 valued at $64,000 after purchasing an additional 1,856 shares during the last quarter. Hedge funds and other 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.

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