Benjamin Horowitz Acquires 99,502 Shares of Navan (NASDAQ:NAVN) Stock

Navan, Inc. (NASDAQ:NAVN) Director Benjamin Horowitz acquired 99,502 shares of the stock in a transaction that occurred on Monday, December 29th. The stock was purchased at an average price of $16.16 per share, for a total transaction of $1,607,952.32. Following the completion of the purchase, the director directly owned 7,323,480 shares in the company, valued at $118,347,436.80. This trade represents a 1.38% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Navan Stock Performance

NASDAQ NAVN 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 52 week low of $11.76 and a 52 week high of $22.75.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. BTIG Research began coverage on Navan in a report on Monday, November 24th. They issued a “buy” rating and a $26.00 price target for the company. Zacks Research upgraded Navan to a “hold” rating in a research note on Friday, December 26th. Loop Capital raised Navan to a “strong-buy” rating in a report on Monday, November 24th. Needham & Company LLC reissued a “buy” rating on shares of Navan in a report on Monday, December 15th. Finally, BNP Paribas Exane initiated coverage on shares of Navan in a research report on Monday, November 24th. They issued an “outperform” rating and a $24.00 price objective for the company. 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 stock. According to data from MarketBeat, Navan presently has an average rating of “Buy” and a consensus price target of $24.92.

Key Headlines Impacting Navan

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.

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.