Navan (NASDAQ:NAVN) Major Shareholder Horowitz Lsv Fund Andreessen Purchases 308,188 Shares

Navan, Inc. (NASDAQ:NAVN) major shareholder Horowitz Lsv Fund Andreessen acquired 308,188 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were purchased at an average cost of $16.74 per share, for a total transaction of $5,159,067.12. Following the completion of the transaction, the insider owned 8,300,455 shares in the company, valued at approximately $138,949,616.70. This represents a 3.86% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Navan Trading Up 2.4%

NAVN opened at $17.00 on Wednesday. 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, Inc. has a 52 week low of $11.76 and a 52 week high of $22.75.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. JMP Securities set a $25.00 price target on shares of Navan in a research report on Monday, November 24th. Morgan Stanley reiterated an “overweight” rating and set a $20.00 target price on shares of Navan in a report on Tuesday, December 16th. Wall Street Zen raised Navan to a “hold” rating in a research report on Friday, November 21st. BNP Paribas Exane initiated coverage on Navan in a research report on Monday, November 24th. They set an “outperform” rating and a $24.00 price objective for the company. Finally, Citigroup assumed coverage on Navan in a research note on Monday, November 24th. They set a “buy” rating and a $26.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Navan presently has a consensus rating of “Buy” and a consensus price target of $24.92.

Navan News Summary

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Ben Horowitz and Horowitz LSV Fund I purchased a combined 976,975 Navan shares across three transactions on Jan. 2, 5 and 6 (466,058 @ $16.27; 202,729 @ $15.77; 308,188 @ $16.74). Total disclosed consideration was about $15.94M, and the latest filings show the insider/fund now holds ~8.3M shares (position increases of ~2.6%–6.4%). This concentrated insider buying is bullish signal—management/major holders increasing exposure can boost investor confidence and support the stock. Director Form 4 Major Shareholder Form 4
• Neutral Sentiment: Market commentary: a recent Yahoo Finance piece reviews Navan’s valuation following recent share-price volatility, providing context for investors weighing whether current levels reflect a buying opportunity or justify caution — useful background but not a direct catalyst. A Look At Navan Valuation

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.