Horowitz Lsv Fund Andreessen Acquires 202,729 Shares of Navan (NASDAQ:NAVN) Stock

Navan, Inc. (NASDAQ:NAVN) major shareholder Horowitz Lsv Fund Andreessen acquired 202,729 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was purchased at an average price of $15.77 per share, for a total transaction of $3,197,036.33. Following the completion of the acquisition, the insider owned 7,992,267 shares in the company, valued at approximately $126,038,050.59. This trade represents a 2.60% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Navan Price Performance

Shares of NASDAQ:NAVN opened at $18.07 on Thursday. Navan, Inc. has a 1 year low of $11.76 and a 1 year high of $22.75. 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 News Summary

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Large insider purchases — Director Benjamin Horowitz and Horowitz LSV Fund I/Andreessen disclosed multiple buys (Jan. 2, 5 and 6) totaling roughly 976,975 shares across prices ~$15.77–$16.74, representing meaningful increases in their positions. Concentrated insider buying is typically interpreted as a signal of confidence from management/large holders and can support the share price. InsiderTrades: Horowitz Buys SEC Form 4
• Positive Sentiment: Investor event upcoming — CEO Ariel Cohen will speak in a fireside chat at the Needham Growth Conference on Jan. 13 (webcast/replay available). Conference appearances can boost near-term interest and provide management guidance that moves the stock. BusinessWire: Needham Conference
• Neutral Sentiment: Analyst backdrop — Multiple brokers maintain buy/overweight ratings and price targets above current levels (consensus ~ $24.92 average). This supports a constructive narrative but is not a new catalyst. MarketBeat: Analyst Coverage
• Neutral Sentiment: Valuation/coverage pieces — Recent media pieces (e.g., Yahoo Finance valuation review, Commerce.com head‑to‑head comparison) reiterate debate over whether recent volatility creates a buying opportunity; useful context but unlikely to be an immediate catalyst. Yahoo: Valuation Review Commerce.com vs Navan

Analysts Set New Price Targets

A number of brokerages recently weighed in on NAVN. Mizuho began coverage on shares of Navan in a research report on Monday, November 24th. They set an “outperform” rating and a $25.00 price target for the company. Morgan Stanley reaffirmed an “overweight” rating and issued a $20.00 target price on shares of Navan in a research report on Tuesday, December 16th. Citizens Jmp reiterated a “market outperform” rating and issued a $25.00 target price on shares of Navan in a research note on Tuesday, December 23rd. Rosenblatt Securities reissued a “buy” rating and set a $30.00 price target on shares of Navan in a research report on Friday, December 12th. Finally, Oppenheimer began coverage on shares of Navan in a research report on Monday, November 24th. They issued an “outperform” rating and a $25.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $24.92.

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.