Navan (NASDAQ:NAVN) Major Shareholder Horowitz Lsv Fund Andreessen Buys 466,058 Shares

Navan, Inc. (NASDAQ:NAVN) major shareholder Horowitz Lsv Fund Andreessen purchased 466,058 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was bought at an average price of $16.27 per share, for a total transaction of $7,582,763.66. Following the transaction, the insider directly owned 7,789,538 shares in the company, valued at $126,735,783.26. This trade represents a 6.36% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Navan Stock Up 2.4%

Navan stock opened at $17.00 on Wednesday. Navan, Inc. has a twelve month low of $11.76 and a twelve month high of $22.75. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.49 and a quick ratio of 4.49.

Key Stories Impacting Navan

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. BTIG Research assumed coverage on shares of Navan in a research note on Monday, November 24th. They issued a “buy” rating and a $26.00 price objective on the stock. The Goldman Sachs Group assumed coverage on shares of Navan in a research note on Monday, November 24th. They set a “buy” rating and a $29.00 price target on the stock. JMP Securities set a $25.00 price objective on shares of Navan in a research report on Monday, November 24th. Wall Street Zen raised Navan to a “hold” rating in a report on Friday, November 21st. Finally, Zacks Research raised Navan to a “hold” rating in a research note on Friday, December 26th. One 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. According to data from MarketBeat.com, Navan has a consensus rating of “Buy” and a consensus price target of $24.92.

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.