Horowitz Lsv Fund Andreessen Acquires 99,502 Shares of Navan (NASDAQ:NAVN) Stock

Navan, Inc. (NASDAQ:NAVN) major shareholder Horowitz Lsv Fund Andreessen acquired 99,502 shares of the firm’s stock in a transaction on Monday, December 29th. The stock was bought at an average price of $16.16 per share, with a total value of $1,607,952.32. Following the completion of the acquisition, the insider directly owned 7,323,480 shares in the company, valued at approximately $118,347,436.80. This represents a 1.38% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Navan Trading Up 5.4%

Shares of NAVN opened at $17.39 on Wednesday. Navan, Inc. has a 1-year low of $11.76 and a 1-year 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.

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

Analysts Set New Price Targets

Several brokerages recently weighed in on NAVN. Citizens Jmp reaffirmed a “market outperform” rating and issued a $25.00 price target on shares of Navan in a research note on Tuesday, December 23rd. JMP Securities set a $25.00 target price on shares of Navan in a report on Monday, November 24th. Mizuho initiated coverage on shares of Navan in a research note on Monday, November 24th. They issued an “outperform” rating and a $25.00 price target for the company. Wall Street Zen raised shares of Navan to a “hold” rating in a research note on Friday, November 21st. Finally, Jefferies Financial Group set a $20.00 price objective on shares of Navan in a report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price 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.

About Navan

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.