Dockside LLC Makes New Investment in Rivian Automotive, Inc. $RIVN

Dockside LLC purchased a new position in shares of Rivian Automotive, Inc. (NASDAQ:RIVN) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 31,665 shares of the electric vehicle automaker’s stock, valued at approximately $624,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RIVN. FORA Capital LLC boosted its position in shares of Rivian Automotive by 188.9% in the fourth quarter. FORA Capital LLC now owns 241,897 shares of the electric vehicle automaker’s stock worth $4,768,000 after buying an additional 158,172 shares during the period. Kestra Advisory Services LLC boosted its position in shares of Rivian Automotive by 9.9% in the fourth quarter. Kestra Advisory Services LLC now owns 76,523 shares of the electric vehicle automaker’s stock worth $1,508,000 after buying an additional 6,924 shares during the period. Marshall Wace LLP boosted its position in shares of Rivian Automotive by 78.1% in the fourth quarter. Marshall Wace LLP now owns 497,258 shares of the electric vehicle automaker’s stock worth $9,801,000 after buying an additional 218,020 shares during the period. Quinn Opportunity Partners LLC purchased a new stake in shares of Rivian Automotive in the fourth quarter worth about $197,000. Finally, Barrier Capital Management LLC purchased a new stake in shares of Rivian Automotive in the fourth quarter worth about $2,566,000. 66.25% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $22.00 target price (down from $23.00) on shares of Rivian Automotive in a research report on Friday, May 1st. TD Cowen reaffirmed a “buy” rating and issued a $20.00 target price on shares of Rivian Automotive in a research report on Wednesday, June 3rd. Tigress Financial reaffirmed a “buy” rating and issued a $25.00 target price on shares of Rivian Automotive in a research report on Friday, April 10th. Wall Street Zen raised Rivian Automotive from a “strong sell” rating to a “sell” rating in a research report on Sunday, May 10th. Finally, Bank of America assumed coverage on Rivian Automotive in a research report on Wednesday, March 4th. They issued an “underperform” rating and a $14.00 target price for the company. Twelve investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $18.57.

Insider Transactions at Rivian Automotive

In related news, CEO Robert J. Scaringe sold 34,818 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $15.00, for a total value of $522,270.00. Following the completion of the transaction, the chief executive officer owned 922,286 shares of the company’s stock, valued at approximately $13,834,290. This represents a 3.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Claire Mcdonough sold 10,245 shares of the stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $18.00, for a total value of $184,410.00. Following the completion of the transaction, the chief financial officer directly owned 946,814 shares of the company’s stock, valued at $17,042,652. This represents a 1.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 117,790 shares of company stock valued at $1,832,466 in the last three months. 1.48% of the stock is currently owned by company insiders.

Rivian Automotive Stock Performance

Shares of RIVN opened at $16.76 on Monday. The company has a market capitalization of $20.80 billion, a P/E ratio of -5.74 and a beta of 1.62. Rivian Automotive, Inc. has a one year low of $11.57 and a one year high of $22.69. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.64 and a current ratio of 2.10. The stock has a 50-day moving average price of $15.55 and a 200 day moving average price of $16.37.

Rivian Automotive News Summary

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

• Positive Sentiment: Rivian began customer deliveries of its R2 SUV, a milestone that supports the company’s push into the mass market and has renewed investor optimism about future demand. Is Rivian Stock A Buy Now? Inside The R2 SUV Delivery Milestone And 2026 Guidance
• Positive Sentiment: Analysts and market commentary suggest the R2 launch could help challenge the view that U.S. consumers are “anti-EV,” since Rivian may now offer a more compelling and accessible vehicle choice. Rivian CEO Says Americans Aren’t Anti-EV, There’s Just ‘Few Great Choices’: How R2 Launch Could Help
• Neutral Sentiment: AT&T expanded its partnership with Rivian to provide 5G connectivity for the R2 platform, which supports the vehicle’s software-defined features but is not a major near-term financial catalyst on its own. AT&T (T) Expands Partnership With Rivian (RIVN) to Provide 5G Connectivity for R2 Platform
• Neutral Sentiment: Several analyst-focused pieces are highlighting Rivian’s valuation and the importance of the R2 launch, reinforcing that the stock is being driven by expectations around execution rather than immediate earnings results. Rivian (RIVN) Stock Valuation After R2 SUV Deliveries And Growing Profitability Concerns
• Negative Sentiment: Despite the R2 excitement, concerns remain about slowing revenue growth, profitability, and recent stock volatility, which could limit upside if deliveries or margins disappoint. Why Rivian Automotive (RIVN) Dipped More Than Broader Market Today

Rivian Automotive Company 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.