Horowitz Lsv Fund Andreessen Acquires 46,337 Shares of Navan (NASDAQ:NAVN) Stock

Navan, Inc. (NASDAQ:NAVN) major shareholder Horowitz Lsv Fund Andreessen purchased 46,337 shares of Navan stock in a transaction on Wednesday, January 7th. The stock was acquired at an average cost of $18.11 per share, for a total transaction of $839,163.07. Following the acquisition, the insider directly owned 8,346,792 shares of the company’s stock, valued at approximately $151,160,403.12. This represents a 0.56% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Navan Stock Performance

Shares of Navan stock opened at $17.28 on Friday. Navan, Inc. has a 1 year low of $11.76 and a 1 year high of $22.75. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.49 and a quick ratio of 4.49. The company has a market cap of $4.30 billion and a P/E ratio of -8.82.

Institutional Investors Weigh In On Navan

An institutional investor recently bought a new position in Navan stock. SG Americas Securities LLC purchased a new position in shares of Navan, Inc. (NASDAQ:NAVN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,829 shares of the company’s stock, valued at approximately $270,000.

Key Headlines Impacting Navan

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Andreessen Horowitz LSV Fund I acquired about 1,056,534 shares across five open‑market transactions (~$16.7M total, weighted avg price ~$15.83), signaling strong insider conviction via indirect ownership vehicles. A Navan (NAVN) Insider Bought 1.06 Million Shares for $16.7 Million
• Positive Sentiment: Director Benjamin A. Horowitz purchased 46,337 shares at an average price of $18.11 (~$839k), increasing his direct stake to ~8.35M shares — a vote of confidence from management. SEC Form 4 — Benjamin A. Horowitz
• Positive Sentiment: Multiple filings and media reports show additional insider purchases (several million dollars across insiders/major shareholders), reinforcing the pattern of accumulation by insiders. Navan (NASDAQ:NAVN) Major Shareholder Buys $7,582,763.66 in Stock
• Neutral Sentiment: Company fundamentals and liquidity: market cap about $4.30B, one‑year range $11.76–$22.75, P/E negative (loss-making), strong quick/current ratios (~4.49) and low debt (D/E ~0.14). These balance-sheet metrics reduce short‑term solvency risk but reflect ongoing unprofitability. MarketBeat NAVN profile
• Neutral Sentiment: Trading volume today was below average (≈1.24M vs. avg ≈2.46M), which can magnify price moves and indicate thinner liquidity for the recent selling pressure.
• Negative Sentiment: Despite insider accumulation, the share price declined — likely driven by profit‑taking after prior gains, broader market or sector weakness, and lower intraday volume. Investors should watch upcoming catalysts (earnings, guidance, macro data) and whether insiders continue buying or begin selling.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Jefferies Financial Group set a $20.00 price objective on Navan in a research report on Tuesday, December 16th. BNP Paribas Exane initiated coverage on shares of Navan in a report on Monday, November 24th. They set an “outperform” rating and a $24.00 price target for the company. BNP Paribas set a $24.00 price objective on shares of Navan in a research report on Monday, November 24th. 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 target price on the stock. Finally, Needham & Company LLC reaffirmed 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 given a Hold rating to the stock. Based on data from MarketBeat.com, Navan currently has a consensus rating of “Buy” and an average price target of $24.92.

Navan Company Profile

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.