Navan (NASDAQ:NAVN) Shares Up 3.2% After Insider Buying Activity

Navan, Inc. (NASDAQ:NAVN)’s share price rose 3.2% during mid-day trading on Monday after an insider bought additional shares in the company. The company traded as high as $16.10 and last traded at $16.02. Approximately 78,180 shares were traded during trading, a decline of 96% from the average daily volume of 1,969,396 shares. The stock had previously closed at $15.53.

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

Analysts Set New Price Targets

A number of equities research analysts recently commented on NAVN shares. JMP Securities set a $25.00 price objective on shares of Navan in a research note on Monday, November 24th. Morgan Stanley reissued an “overweight” rating and issued a $20.00 price target on shares of Navan in a research note on Tuesday, December 16th. The Goldman Sachs Group started coverage on shares of Navan in a report on Monday, November 24th. They issued a “buy” rating and a $29.00 target price for the company. Mizuho assumed coverage on Navan in a report on Monday, November 24th. They set an “outperform” rating and a $25.00 price objective for the company. Finally, Oppenheimer initiated coverage on Navan in a report on Monday, November 24th. They issued an “outperform” rating and a $25.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $24.92.

Navan News Summary

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Major shareholder Horowitz LSV Fund I. Andreessen disclosed purchases totaling about 1,056,534 shares across Dec. 22–29 (average price ~ $15.8), representing roughly $16.7M of buying and an increase in its stake — a strong vote of confidence that can support demand for the stock. SEC Filing (Horowitz LSV Fund I. Andreessen)
• Positive Sentiment: Director Benjamin A. Horowitz filed matching purchases across the same dates (Dec. 22–29), increasing his reported direct ownership — insider/director buying often draws investor attention and can prop up short-term sentiment. SEC Filing (Benjamin A. Horowitz)
• Neutral Sentiment: Analyst coverage remains constructive: multiple firms have Buy/Outperform ratings and a consensus target near $24.92, suggesting upside vs. current levels but dependent on execution and margin improvement. MarketBeat — NAVN analyst roundup
• Neutral Sentiment: Balance-sheet metrics shown in recent summaries (current & quick ratio ~4.49; debt/equity ~0.14) indicate strong liquidity, which reduces near-term financing risk but doesn’t address profitability. MarketBeat — NAVN financials
• Negative Sentiment: Navan reported a large quarterly loss (EPS of -$4.58 on Dec. 15). That fundamental weakness remains the primary risk — insider buying signals confidence but does not change the company’s recent operating losses. MarketBeat — NAVN earnings summary

Navan Trading Up 5.4%

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 announced its quarterly earnings results on Monday, December 15th. The company reported ($4.58) earnings per share (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.