Horowitz Lsv Fund Andreessen Purchases 225,484 Shares of Navan (NASDAQ:NAVN) Stock

Navan, Inc. (NASDAQ:NAVN) major shareholder Horowitz Lsv Fund Andreessen purchased 225,484 shares of the company’s stock in a transaction on Tuesday, December 23rd. The stock was purchased at an average price of $15.84 per share, for a total transaction of $3,571,666.56. Following the purchase, the insider directly owned 6,826,542 shares of the company’s stock, valued at $108,132,425.28. This trade represents a 3.42% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Navan Trading Up 5.4%

NAVN 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 twelve month low of $11.76 and a twelve month high of $22.75.

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

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wall Street Zen raised shares of Navan to a “hold” rating in a research note on Friday, November 21st. Mizuho assumed coverage on shares of Navan in a research note on Monday, November 24th. They set an “outperform” rating and a $25.00 price objective on the stock. Oppenheimer assumed coverage on Navan in a research report on Monday, November 24th. They issued an “outperform” rating and a $25.00 target price for the company. The Goldman Sachs Group began coverage on Navan in a research note on Monday, November 24th. They set a “buy” rating and a $29.00 price target for the company. Finally, Needham & Company LLC reissued a “buy” rating on shares of Navan in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Navan has a consensus rating of “Buy” and an average price target of $24.92.

Navan News Roundup

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.