Key Points
- Horowitz Fund Andreessen acquired 103,960 Navan shares on Dec. 18 at an average price of $13.61, a $1.41M purchase that raised its holding to about 6.03M shares (≈$82.0M) — a 1.76% increase in the position.
- The purchase is part of broader insider accumulation (roughly $9.35M of buys across Dec. 17–19) that included Benjamin A. Horowitz and director Andre D. Williams, signaling confidence from major holders.
- Wall Street is broadly bullish with a MarketBeat consensus 'Buy' and an average price target near $24.92 (some targets up to $29), but Navan faces execution risk after wider GAAP losses and a CFO exit while the stock trades near $15 (12‑month range $11.76–$22.75).
Navan, Inc. (NASDAQ:NAVN - Get Free Report) major shareholder Horowitz Fund Andreessen acquired 103,960 shares of Navan stock in a transaction on Thursday, December 18th. The stock was acquired at an average cost of $13.61 per share, for a total transaction of $1,414,895.60. Following the completion of the purchase, the insider owned 6,026,111 shares of the company's stock, valued at approximately $82,015,370.71. The trade was a 1.76% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Navan Price Performance
Shares of Navan stock opened at $15.11 on Friday. Navan, Inc. has a 12 month low of $11.76 and a 12 month high of $22.75.
Navan (NASDAQ:NAVN - Get Free Report) last announced its quarterly earnings results on Monday, December 15th. The company reported ($4.58) EPS for the quarter.
Analyst Upgrades and Downgrades
NAVN has been the subject of several research analyst reports. Jefferies Financial Group set a $20.00 price target on shares of Navan in a report on Tuesday. Oppenheimer began coverage on Navan in a research note on Monday, November 24th. They issued an "outperform" rating and a $25.00 target price for the company. Morgan Stanley reaffirmed an "overweight" rating and set a $20.00 price target on shares of Navan in a research report on Tuesday. The Goldman Sachs Group assumed coverage on Navan in a research note on Monday, November 24th. They set a "buy" rating and a $29.00 target price for the company. Finally, Mizuho began coverage on shares of Navan in a research report on Monday, November 24th. They set an "outperform" rating and a $25.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating and twelve have assigned a Buy rating to the company. Based on data from MarketBeat, Navan presently has a consensus rating of "Buy" and a consensus price target of $24.92.
View Our Latest Research Report on Navan
Key Headlines Impacting Navan
Here are the key news stories impacting Navan this week:
- Positive Sentiment: Director Benjamin A. Horowitz (and the Horowitz Fund / V. L. Andreessen) bought a total of roughly 692,395 Navan shares across Dec. 17–19 at average prices of $12.65–$14.70 (≈$9.35M total), boosting his stake to ~6.27M shares — a sizable insider accumulation that signals confidence from a major holder. Horowitz Form 4 Horowitz Fund Form 4
- Positive Sentiment: Director Anre D. Williams purchased 100,000 shares at $12.72 on Dec. 17, a material insider buy that increased his holding by ~665%. This adds to the pattern of insider accumulation. Williams Form 4
- Positive Sentiment: Wall Street coverage is broadly bullish: multiple firms initiated coverage with Buy/Outperform and price targets well above the current level (average ~$24.9), providing an analyst tailwind should execution continue. MarketBeat roundup
- Neutral Sentiment: Unusual options activity — a large volume of call purchases — was reported, which can amplify intraday moves but is ambiguous on direction (could be speculative or hedging). Monitor open interest and strikes for conviction. Options flow report
- Neutral Sentiment: Navan has been featured in “most active movers” lists and valuation-check commentary after a recent 30-day slide, increasing attention and liquidity but also short-term volatility. Movers list
- Negative Sentiment: Fundamental pressure: Navan reported wider GAAP losses in its recent quarter and announced a CFO exit, which triggered a pullback (reports noted a ~6% intraday decline after the update). These issues increase execution risk even as revenue/gross margin improved. Earnings, CFO exit coverage Valuation check
Navan Company Profile
(
Get Free Report)
Navan (NASDAQ: NAVN) is a technology company that provides an integrated platform for corporate travel, expense management and business payments. The company combines online travel booking and itinerary management with expense reporting, corporate card services and payment processing to help organizations consolidate travel and T&E (travel and expense) workflows into a single system. Navan emphasizes a mobile-first user experience, automated reconciliation and policy controls to simplify administrative processes for finance and travel teams while improving the experience for travelers.
Navan’s offerings typically include online and mobile travel booking, real-time traveler support and duty-of-care features, automated expense capture and reporting, corporate card and virtual card issuance, and tools for payments and invoice management.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
