Horowitz Lsv Fund Andreessen Purchases 334,112 Shares of Navan (NASDAQ:NAVN) Stock

Navan, Inc. (NASDAQ:NAVN) major shareholder Horowitz Lsv Fund Andreessen bought 334,112 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were bought at an average price of $15.90 per share, with a total value of $5,312,380.80. Following the transaction, the insider directly owned 6,601,058 shares in the company, valued at $104,956,822.20. This trade represents a 5.33% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Navan Trading Up 5.4%

Shares of NASDAQ:NAVN opened at $17.39 on Wednesday. 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, Inc. has a fifty-two week low of $11.76 and a fifty-two week 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.

Wall Street Analyst Weigh In

NAVN has been the subject of a number of research analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a $20.00 target price on shares of Navan in a research note on Tuesday, December 16th. Wall Street Zen upgraded Navan to a “hold” rating in a research report on Friday, November 21st. Loop Capital raised Navan to a “strong-buy” rating in a research note on Monday, November 24th. Oppenheimer started coverage on Navan in a research note on Monday, November 24th. They issued an “outperform” rating and a $25.00 target price for the company. Finally, BTIG Research started coverage on shares of Navan in a research report on Monday, November 24th. They set a “buy” rating and a $26.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average 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.

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.