Navan (NASDAQ:NAVN) Stock Price Up 8.9% Following Insider Buying Activity

Navan, Inc. (NASDAQ:NAVN)’s share price was up 8.9% on Friday after an insider bought additional shares in the company. The stock traded as high as $15.00 and last traded at $14.99. Approximately 584,104 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 1,792,985 shares. The stock had previously closed at $13.77.

Specifically, Director Benjamin A. Horowitz acquired 240,835 shares of Navan stock in a transaction dated Friday, December 19th. The stock was acquired at an average cost of $14.70 per share, for a total transaction of $3,540,274.50. Following the completion of the transaction, the director owned 6,266,946 shares in the company, valued at approximately $92,124,106.20. This represents a 4.00% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Benjamin A. Horowitz acquired 103,960 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was purchased at an average cost of $13.61 per share, for a total transaction of $1,414,895.60. Following the purchase, the director directly owned 6,026,111 shares in the company, valued at approximately $82,015,370.71. This represents a 1.76% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In related news, Director Benjamin A. Horowitz purchased 347,600 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was acquired at an average price of $12.65 per share, for a total transaction of $4,397,140.00. Following the transaction, the director directly owned 5,922,151 shares of the company’s stock, valued at $74,915,210.15. This trade represents a 6.24% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Mizuho began coverage on Navan in a research note on Monday, November 24th. They issued an “outperform” rating and a $25.00 price target for the company. Morgan Stanley reaffirmed an “overweight” rating and set a $20.00 target price on shares of Navan in a research report on Tuesday. JMP Securities set a $25.00 price target on Navan in a report on Monday, November 24th. Rosenblatt Securities restated a “buy” rating and issued a $30.00 price objective on shares of Navan in a research note on Friday, December 12th. Finally, Wall Street Zen raised Navan to a “hold” rating in a report on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating and twelve have assigned a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $24.92.

More Navan News

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Director Benjamin A. Horowitz (and the Horowitz Fund / V. L. Andreessen) bought a total of roughly 692,395 Navan shares across Dec. 17–19 at average prices of $12.65–$14.70 (≈$9.35M total), boosting his stake to ~6.27M shares — a sizable insider accumulation that signals confidence from a major holder. Horowitz Form 4 Horowitz Fund Form 4
• Positive Sentiment: Director Anre D. Williams purchased 100,000 shares at $12.72 on Dec. 17, a material insider buy that increased his holding by ~665%. This adds to the pattern of insider accumulation. Williams Form 4
• Positive Sentiment: Wall Street coverage is broadly bullish: multiple firms initiated coverage with Buy/Outperform and price targets well above the current level (average ~$24.9), providing an analyst tailwind should execution continue. MarketBeat roundup
• Neutral Sentiment: Unusual options activity — a large volume of call purchases — was reported, which can amplify intraday moves but is ambiguous on direction (could be speculative or hedging). Monitor open interest and strikes for conviction. Options flow report
• Neutral Sentiment: Navan has been featured in “most active movers” lists and valuation-check commentary after a recent 30-day slide, increasing attention and liquidity but also short-term volatility. Movers list
• Negative Sentiment: Fundamental pressure: Navan reported wider GAAP losses in its recent quarter and announced a CFO exit, which triggered a pullback (reports noted a ~6% intraday decline after the update). These issues increase execution risk even as revenue/gross margin improved. Earnings, CFO exit coverage Valuation check

Navan Trading Up 9.7%

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

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.