Navan (NASDAQ:NAVN) Major Shareholder Horowitz Lsv Fund Andreessen Purchases 99,502 Shares

Navan, Inc. (NASDAQ:NAVN) major shareholder Horowitz Lsv Fund Andreessen acquired 99,502 shares of the firm’s stock in a transaction that occurred on Monday, December 29th. The shares were purchased at an average cost of $16.16 per share, with a total value of $1,607,952.32. Following the completion of the acquisition, the insider owned 7,323,480 shares in the company, valued at $118,347,436.80. This trade represents a 1.38% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Navan Stock Up 6.2%

Shares of NAVN opened at $16.50 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 4.49 and a current ratio of 4.49. Navan, Inc. has a one year low of $11.76 and a one year high of $22.75.

Navan (NASDAQ:NAVN) last issued 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

NAVN has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Navan to a “hold” rating in a research note on Friday, November 21st. The Goldman Sachs Group assumed coverage on shares of Navan in a report on Monday, November 24th. They set a “buy” rating and a $29.00 price objective on the stock. Needham & Company LLC reiterated a “buy” rating on shares of Navan in a research note on Monday, December 15th. Citizens Jmp reissued a “market outperform” rating and set a $25.00 target price on shares of Navan in a research report on Tuesday, December 23rd. Finally, Mizuho started coverage on Navan in a report on Monday, November 24th. They issued an “outperform” rating and a $25.00 price target for the company. One analyst has rated the stock with a Strong Buy rating and twelve have issued a Buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus 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 five purchases on Dec 22, 23, 24, 26 and 29 totaling 1,056,534 shares at an average price of roughly $15.83 per share, representing about $16.7M of buying and increasing its stake. This sizable, multi-day accumulation by a major shareholder is a bullish signal for investors. SEC Filing (Horowitz Lsv Fund I. Andreessen)
• Positive Sentiment: Director Benjamin A. Horowitz separately filed matching purchases across the same dates (Dec 22–29) for the same blocks — reflecting direct insider buying and increasing his reported ownership. Director buying often attracts investor attention and can support short-term demand. SEC Filing (Benjamin A. Horowitz)
• Negative Sentiment: Navan reported a large quarterly loss (EPS of -$4.58 on Dec 15), a fundamental weakness investors should weigh against the insider buying — insider purchases are a positive signal but do not change the company’s reported results. MarketBeat — NAVN earnings summary

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.