Key Points
- Director Benjamin A. Horowitz bought 46,337 shares at an average price of $18.11 (~$839,163), increasing his direct stake to about 8.35 million shares (a 0.56% position increase).
- Broad insider accumulation continues — including Andreessen Horowitz LSV Fund I buying ~1.06 million shares (~$16.7M) and other insider purchases — and analysts maintain a consensus "Buy" with a target around $24.92.
- Despite insider buying, NAVN shares were down ~3.4% (opened $17.28) with a 52‑week range of $11.76–$22.75; the company has a ~$4.3B market cap, negative P/E, but strong liquidity (current/quick ~4.49) and low leverage (D/E ~0.14).
Navan, Inc. (NASDAQ:NAVN - Get Free Report) Director Benjamin Horowitz acquired 46,337 shares of the business's stock in a transaction on Wednesday, January 7th. The shares were purchased at an average price of $18.11 per share, with a total value of $839,163.07. Following the transaction, the director owned 8,346,792 shares in the company, valued at $151,160,403.12. The trade was a 0.56% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Navan Stock Down 3.4%
Shares of NASDAQ:NAVN opened at $17.28 on Friday. Navan, Inc. has a fifty-two week low of $11.76 and a fifty-two week high of $22.75. The company has a current ratio of 4.49, a quick ratio of 4.49 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $4.30 billion and a PE ratio of -8.82.
Navan News Summary
Here are the key news stories impacting Navan this week:
- Positive Sentiment: Andreessen Horowitz LSV Fund I acquired about 1,056,534 shares across five open‑market transactions (~$16.7M total, weighted avg price ~$15.83), signaling strong insider conviction via indirect ownership vehicles. A Navan (NAVN) Insider Bought 1.06 Million Shares for $16.7 Million
- Positive Sentiment: Director Benjamin A. Horowitz purchased 46,337 shares at an average price of $18.11 (~$839k), increasing his direct stake to ~8.35M shares — a vote of confidence from management. SEC Form 4 — Benjamin A. Horowitz
- Positive Sentiment: Multiple filings and media reports show additional insider purchases (several million dollars across insiders/major shareholders), reinforcing the pattern of accumulation by insiders. Navan (NASDAQ:NAVN) Major Shareholder Buys $7,582,763.66 in Stock
- Neutral Sentiment: Company fundamentals and liquidity: market cap about $4.30B, one‑year range $11.76–$22.75, P/E negative (loss-making), strong quick/current ratios (~4.49) and low debt (D/E ~0.14). These balance-sheet metrics reduce short‑term solvency risk but reflect ongoing unprofitability. MarketBeat NAVN profile
- Neutral Sentiment: Trading volume today was below average (≈1.24M vs. avg ≈2.46M), which can magnify price moves and indicate thinner liquidity for the recent selling pressure.
- Negative Sentiment: Despite insider accumulation, the share price declined — likely driven by profit‑taking after prior gains, broader market or sector weakness, and lower intraday volume. Investors should watch upcoming catalysts (earnings, guidance, macro data) and whether insiders continue buying or begin selling.
Analysts Set New Price Targets
Several analysts have recently commented on NAVN shares. Zacks Research raised Navan to a "hold" rating in a report on Friday, December 26th. JMP Securities set a $25.00 price objective on Navan in a research report on Monday, November 24th. Mizuho initiated coverage on shares of Navan in a research report on Monday, November 24th. They set an "outperform" rating and a $25.00 target price on the stock. Loop Capital raised shares of Navan to a "strong-buy" rating in a research note on Monday, November 24th. Finally, The Goldman Sachs Group assumed coverage on shares of Navan in a research report on Monday, November 24th. They set a "buy" rating and a $29.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $24.92.
View Our Latest Report on NAVN
Institutional Investors Weigh In On Navan
An institutional investor recently bought a new position in Navan stock. SG Americas Securities LLC bought a new position in shares of Navan, Inc. (NASDAQ:NAVN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,829 shares of the company's stock, valued at approximately $270,000.
Navan Company Profile
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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.
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