Benjamin Horowitz Acquires 167,519 Shares of Navan (NASDAQ:NAVN) Stock

Navan, Inc. (NASDAQ:NAVN) Director Benjamin Horowitz bought 167,519 shares of the company’s stock in a transaction on Wednesday, December 24th. The stock was bought at an average price of $15.83 per share, for a total transaction of $2,651,825.77. Following the completion of the purchase, the director directly owned 6,994,061 shares in the company, valued at approximately $110,715,985.63. This represents a 2.45% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Navan Trading Up 5.4%

Navan stock opened at $17.39 on Wednesday. The company has a current ratio of 4.49, a quick ratio of 4.49 and a debt-to-equity ratio of 0.14. Navan, Inc. has a fifty-two week low of $11.76 and a fifty-two week high of $22.75.

Navan (NASDAQ:NAVN) last announced its quarterly earnings data on Monday, December 15th. The company reported ($4.58) earnings per share (EPS) for the quarter.

More Navan News

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Horowitz Lsv Fund I. Andreessen disclosed a multi-day accumulation (Dec 22–29) totaling roughly 1,056,534 shares at an average price near $15.83 (~$16.7M). The fund’s repeated purchases and rising stake are a strong bullish signal for investor confidence. Read More.
• Positive Sentiment: Director Benjamin A. Horowitz filed matching purchases across the same dates (Dec 22–29), increasing his reported ownership to over 7.3M shares. Direct insider buying by a founder/board member often supports near-term demand and reduces perceived downside. Read More.
• Neutral Sentiment: Street coverage is constructive: multiple firms have Buy/Outperform ratings and the MarketBeat consensus target sits around $24.92, indicating upside vs. current levels but reflecting analyst optimism rather than new company fundamentals. Read More.
• Negative Sentiment: Navan reported a large quarterly loss (EPS of -$4.58 on Dec 15). That continuing operating shortfall is the key fundamental risk investors must weigh against insider buying. Read More.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. BNP Paribas set a $24.00 target price on shares of Navan in a report on Monday, November 24th. BTIG Research assumed coverage on shares of Navan in a research note on Monday, November 24th. They set a “buy” rating and a $26.00 price objective on the stock. Loop Capital raised shares of Navan to a “strong-buy” rating in a report on Monday, November 24th. BNP Paribas Exane initiated coverage on Navan in a report on Monday, November 24th. They set an “outperform” rating and a $24.00 target price for the company. Finally, Mizuho started coverage on Navan in a report on Monday, November 24th. They issued an “outperform” rating and a $25.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average 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.