On November 26, 2024, Claire Mcdonough, the Chief Financial Officer of Rivian Automotive Inc's subsidiary, sold 8,097 shares of Rivian Automotive Inc (RIVN, Financial). Following this transaction, the insider now owns 370,401 shares of the company. The details of this transaction can be found in the SEC Filing.
Rivian Automotive Inc is an American electric vehicle manufacturer that focuses on producing electric trucks and SUVs. The company aims to revolutionize the automotive industry with its innovative electric vehicles and sustainable transportation solutions.
Over the past year, Claire Mcdonough has sold a total of 20,673 shares and has not purchased any shares. The insider transaction history for Rivian Automotive Inc indicates that there have been no insider buys in total over the past year, while there have been 15 insider sells during the same period.
As of the day of the recent sale, shares of Rivian Automotive Inc were trading at $12.20 each, giving the stock a market cap of $12.482 billion. The stock's GF Value is estimated at $34.66, resulting in a price-to-GF-Value ratio of 0.35. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on three factors:
- Historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
