Rivian Automotive, Inc. $RIVN Stake Increased by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in Rivian Automotive, Inc. (NASDAQ:RIVN) by 34.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 348,800 shares of the electric vehicle automaker’s stock after acquiring an additional 90,200 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Rivian Automotive were worth $5,249,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Illinois Municipal Retirement Fund lifted its holdings in shares of Rivian Automotive by 1.6% during the 4th quarter. Illinois Municipal Retirement Fund now owns 43,282 shares of the electric vehicle automaker’s stock valued at $853,000 after buying an additional 686 shares during the last quarter. Merit Financial Group LLC raised its stake in shares of Rivian Automotive by 3.2% in the 4th quarter. Merit Financial Group LLC now owns 23,127 shares of the electric vehicle automaker’s stock valued at $456,000 after acquiring an additional 718 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in Rivian Automotive by 36.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,764 shares of the electric vehicle automaker’s stock worth $54,000 after purchasing an additional 739 shares during the period. Utah Retirement Systems lifted its stake in shares of Rivian Automotive by 0.6% in the fourth quarter. Utah Retirement Systems now owns 128,500 shares of the electric vehicle automaker’s stock worth $2,533,000 after buying an additional 744 shares during the last quarter. Finally, Tradition Wealth Management LLC increased its stake in shares of Rivian Automotive by 5.7% in the fourth quarter. Tradition Wealth Management LLC now owns 14,056 shares of the electric vehicle automaker’s stock worth $277,000 after purchasing an additional 753 shares during the period. 66.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on RIVN. Canaccord Genuity Group reaffirmed a “buy” rating and set a $22.00 price objective on shares of Rivian Automotive in a research report on Monday, April 6th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Rivian Automotive in a research report on Monday, June 15th. Benchmark reiterated a “buy” rating and set a $25.00 target price on shares of Rivian Automotive in a research report on Friday, May 1st. Tigress Financial reissued a “buy” rating and issued a $25.00 target price on shares of Rivian Automotive in a research note on Friday, April 10th. Finally, Weiss Ratings downgraded Rivian Automotive from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, June 18th. Twelve analysts have rated the stock with a Buy rating, nine have issued a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $18.57.

Insider Buying and Selling at Rivian Automotive

In related news, CEO Robert J. Scaringe sold 34,818 shares of Rivian Automotive stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $15.00, for a total transaction of $522,270.00. Following the sale, the chief executive officer directly owned 922,286 shares of the company’s stock, valued at approximately $13,834,290. The trade was a 3.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Claire Mcdonough sold 8,023 shares of Rivian Automotive stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $16.00, for a total value of $128,368.00. Following the sale, the chief financial officer directly owned 887,007 shares in the company, valued at $14,192,112. The trade was a 0.90% decrease in their ownership of the stock. 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 three months, insiders have sold 80,076 shares of company stock worth $1,256,286. 1.48% of the stock is currently owned by insiders.

Rivian Automotive Stock Performance

Shares of NASDAQ:RIVN opened at $18.63 on Monday. Rivian Automotive, Inc. has a 12-month low of $11.57 and a 12-month high of $22.69. The company has a quick ratio of 1.64, a current ratio of 2.10 and a debt-to-equity ratio of 1.00. The business has a 50 day moving average of $15.65 and a 200-day moving average of $16.28. The stock has a market cap of $23.12 billion, a PE ratio of -6.38 and a beta of 1.60.

Key Rivian Automotive News

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

• Positive Sentiment: Rivian raised its 2026 delivery forecast to 65,000-70,000 vehicles after Q2 deliveries of 12,194 beat expectations, signaling stronger demand for its EVs and improving near-term momentum. Rivian raises 2026 delivery forecast on strong demand, R2 boost
• Positive Sentiment: The company said Q2 production reached 12,613 vehicles and deliveries topped its own guidance, reinforcing that Rivian is executing better than investors expected and may be gaining traction with its R1 lineup, commercial vans, and new R2 model. Rivian Releases Q2 2026 Production and Delivery Figures, Raises Full Year Delivery Outlook and Sets Date for Second Quarter 2026 Financial Results
• Positive Sentiment: Coverage around the update notes that options traders showed unusually heavy bullish activity, suggesting investors are positioning for continued upside after the delivery beat and guidance raise. Rivian (NASDAQ:RIVN) Options Buzz Puts EV Demand In Focus
• Neutral Sentiment: Some articles focus on broader themes like software-driven margin improvement and comparisons with Tesla and BYD, but these are more analytical than immediate stock-moving catalysts. Tesla, BYD, or Rivian: Which Stock Currently Has the EV Crown?
• Neutral Sentiment: Commentary on insider selling appears to be aimed at calming concerns, but it does not change the core story: investors are mainly reacting to the stronger deliveries and raised outlook. The Truth Behind Rivian’s Insider Selling
• Negative Sentiment: Longer-term concerns remain around profitability, with some coverage noting Rivian is improving operationally but still has not proven it can generate consistent profits. 2 Stocks That Could Soar, Driven by Billions From Software Innovations. Hint: They Aren’t Even Tech Stocks.

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.