Key Points
- Anre Williams, a Navan director, bought 100,000 shares on December 17 at an average price of $12.72 per share for a total of $1.272M, raising their stake to 115,024 shares (a reported 665.60% increase).
- Navan shares opened at $13.77, trade in a 12‑month range of $11.76–$22.75, and the company reported a quarterly EPS loss of ($4.58).
- Wall Street coverage is broadly bullish—multiple firms initiated coverage with Buy/Outperform ratings and the MarketBeat consensus average price target is about $24.92.
Navan, Inc. (NASDAQ:NAVN - Get Free Report) Director Anre Williams purchased 100,000 shares of the stock in a transaction dated Wednesday, December 17th. The shares were acquired at an average cost of $12.72 per share, with a total value of $1,272,000.00. Following the acquisition, the director directly owned 115,024 shares in the company, valued at $1,463,105.28. This represents a 665.60% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Navan Stock Performance
Shares of NAVN stock opened at $13.77 on Friday. Navan, Inc. has a twelve month low of $11.76 and a twelve month high of $22.75.
Navan (NASDAQ:NAVN - Get Free Report) last issued its earnings results on Monday, December 15th. The company reported ($4.58) EPS for the quarter.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on the stock. Mizuho started coverage on shares of Navan in a research report on Monday, November 24th. They issued an "outperform" rating and a $25.00 target price on the stock. BNP Paribas Exane began coverage on Navan in a report on Monday, November 24th. They set an "outperform" rating and a $24.00 price objective on the stock. BTIG Research began coverage on Navan in a research report on Monday, November 24th. They set a "buy" rating and a $26.00 price objective on the stock. The Goldman Sachs Group began coverage on Navan in a research report on Monday, November 24th. They issued a "buy" rating and a $29.00 target price for the company. Finally, JMP Securities set a $25.00 price target on Navan in a research note on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating and twelve have given a Buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and an average price target of $24.92.
Check Out Our Latest Stock Analysis on NAVN
Navan Company Profile
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Travel is more than just getting from point A to point B; it's the lifeblood of connection in the modern business world. It's about forging those critical in-person relationships with clients and partners, sparking innovation through team collaboration, and empowering employees to grow and succeed. These moments matter, and they demand a travel experience worthy of their importance.
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