Navan (NASDAQ:NAVN) Shares Gap Up on Insider Buying Activity

Navan, Inc. (NASDAQ:NAVN)’s share price gapped up before the market opened on Tuesday following insider buying activity. The stock had previously closed at $16.50, but opened at $17.10. Navan shares last traded at $16.95, with a volume of 504,280 shares.

Specifically, major shareholder Horowitz Lsv Fund I. Andreessen bought 99,502 shares of the company’s stock in a transaction on Monday, December 29th. The shares were acquired at an average cost of $16.16 per share, with a total value of $1,607,952.32. Following the completion of the transaction, the insider owned 7,323,480 shares of the company’s stock, valued at approximately $118,347,436.80. This trade represents a 1.38% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Horowitz Lsv Fund I. Andreessen purchased 229,917 shares of the business’s stock in a transaction on Friday, December 26th. The shares were purchased at an average price of $15.57 per share, with a total value of $3,579,807.69. Following the completion of the purchase, the insider owned 7,223,978 shares in the company, valued at approximately $112,477,337.46. This trade represents a 3.29% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In other Navan news, major shareholder Horowitz Lsv Fund I. Andreessen purchased 167,519 shares of the firm’s stock in a transaction on Wednesday, December 24th. The shares were acquired at an average cost of $15.83 per share, for a total transaction of $2,651,825.77. Following the completion of the transaction, the insider owned 6,994,061 shares of the company’s stock, valued at approximately $110,715,985.63. The trade was a 2.45% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on NAVN. Loop Capital raised Navan to a “strong-buy” rating in a research report on Monday, November 24th. JMP Securities set a $25.00 target price on Navan in a research report on Monday, November 24th. Oppenheimer began coverage on shares of Navan in a research note on Monday, November 24th. They issued an “outperform” rating and a $25.00 price objective for the company. Wall Street Zen upgraded shares of Navan to a “hold” rating in a report on Friday, November 21st. Finally, Citigroup assumed coverage on shares of Navan in a research report on Monday, November 24th. They set a “buy” rating and a $26.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Navan presently has an average rating of “Buy” and an average price target of $24.92.

Key Navan News

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Major shareholder Horowitz Lsv Fund I. Andreessen bought a total of ~1,056,534 NAVN shares across Dec. 22–29 at an average price near $15.83 (~$16.7M in aggregate), increasing its stake — a multi-day accumulation that signals insider conviction and likely added buying pressure. Read More.
• Positive Sentiment: Director Benjamin A. Horowitz separately filed matching purchases on the same dates (same blocks), raising his reported ownership to ~7.32M shares — direct insider buying by a director often attracts investor interest and can support near-term demand. Read More.
• Positive Sentiment: Analyst coverage remains favorable: multiple firms have Buy/Outperform ratings and the consensus target is roughly $24.92, providing an upward price target backdrop that can amplify positive reaction to insider buying. Read More.
• Neutral Sentiment: Balance-sheet metrics are solid on liquidity: current and quick ratios ~4.49 and debt-to-equity ~0.14, which reduces short-term solvency risk and may make the company more able to fund growth or absorb losses. Read More.
• Negative Sentiment: Navan reported a large quarterly loss (EPS of -$4.58 on Dec. 15). Fundamental weakness remains — insider purchases do not change operating results, so investors should weigh the buying signal against continued negative earnings and the company’s path to profitability. Read More.

Navan Stock Up 3.7%

The company has a quick ratio of 4.49, a current ratio of 4.49 and a debt-to-equity ratio of 0.14.

Navan (NASDAQ:NAVN) last posted its earnings results on Monday, December 15th. The company reported ($4.58) EPS for the quarter.

Navan Company Profile

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.