Horowitz Lsv Fund Andreessen Buys 229,917 Shares of Navan (NASDAQ:NAVN) Stock

Navan, Inc. (NASDAQ:NAVN) major shareholder Horowitz Lsv Fund Andreessen bought 229,917 shares of the business’s stock in a transaction dated Friday, December 26th. The shares were acquired at an average cost of $15.57 per share, with a total value of $3,579,807.69. Following the completion of the purchase, the insider owned 7,223,978 shares in the company, valued at approximately $112,477,337.46. This represents a 3.29% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Navan Trading Up 5.4%

Navan stock opened at $17.39 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 1-year low of $11.76 and a 1-year high of $22.75.

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

Analysts Set New Price Targets

A number of research analysts have issued reports on NAVN shares. Rosenblatt Securities reaffirmed a “buy” rating and set a $30.00 price target on shares of Navan in a research note on Friday, December 12th. Loop Capital upgraded Navan to a “strong-buy” rating in a report on Monday, November 24th. JMP Securities set a $25.00 target price on Navan in a research report on Monday, November 24th. The Goldman Sachs Group initiated coverage on Navan in a report on Monday, November 24th. They issued a “buy” rating and a $29.00 target price on the stock. Finally, Mizuho assumed coverage on Navan in a research note on Monday, November 24th. They set an “outperform” rating and a $25.00 price target for the company. One investment 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 company. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $24.92.

Key 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.

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.