Ag Volkswagen, 10% Owner at Rivian Automotive, Inc. / DE (RIVN), bought 62,889,522 shares at $15.90 ($999.9M) on 2026-04-30, disclosed to the SEC on 2026-05-04.
Ag Volkswagen executed the largest insider purchase in Rivian's history, buying 62.9 million shares for nearly $1 billion at $15.90. This massive bet comes as the stock trades near its 52-week low, potentially signaling a contrarian opportunity for sophisticated traders.
RIVN has dropped 13.25% over the last five days and remains 36.07% below its 52-week high of $22.69.
Catalysts include the upcoming R2 SUV launch plans discussed on May 24 and the R2 production ramp highlighted on May 22.
The stock faces significant headwinds from 14.09% short interest and recent news citing margin concerns regarding the R2 launch.
Negative factors outweigh the positive ones.
| Filing → |
| NAV | BUY | 2017-08-21 | $1.6M | — | Filing → |
| NAV | BUY | 2017-08-16 | $264K | — | Filing → |
| NAV | BUY | 2017-07-20 | $7.4M | — | Filing → |