Navan, Inc. (NASDAQ:NAVN – Get Free Report) Director Arif Janmohamed sold 77,323 shares of Navan stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $19.06, for a total transaction of $1,473,776.38. Following the transaction, the director owned 2,280,989 shares of the company’s stock, valued at $43,475,650.34. The trade was a 3.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Arif Janmohamed also recently made the following trade(s):
- On Tuesday, June 16th, Arif Janmohamed sold 398,546 shares of Navan stock. The stock was sold at an average price of $19.13, for a total value of $7,624,184.98.
- On Monday, June 15th, Arif Janmohamed sold 1,004,231 shares of Navan stock. The shares were sold at an average price of $20.37, for a total value of $20,456,185.47.
- On Friday, June 12th, Arif Janmohamed sold 1,019,900 shares of Navan stock. The shares were sold at an average price of $20.00, for a total value of $20,398,000.00.
Navan Trading Up 4.4%
Navan stock opened at $21.91 on Friday. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.10. The business’s fifty day simple moving average is $18.25 and its two-hundred day simple moving average is $14.69. Navan, Inc. has a 12 month low of $8.10 and a 12 month high of $24.50. The company has a market capitalization of $5.49 billion and a price-to-earnings ratio of -10.19.
Analysts Set New Price Targets
NAVN has been the subject of several recent analyst reports. Needham & Company LLC upped their target price on shares of Navan from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Oppenheimer set a $30.00 price target on shares of Navan in a report on Thursday, June 11th. Bank of America raised their price target on shares of Navan from $20.00 to $26.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. The Goldman Sachs Group upgraded shares of Navan from a “buy” rating to a “buy” rating in a report on Monday, June 8th. Finally, Weiss Ratings raised Navan from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $28.64.
Check Out Our Latest Stock Analysis on Navan
More Navan News
Here are the key news stories impacting Navan this week:
- Positive Sentiment: Navan announced its first public-company acquisition, agreeing to buy Smartrips in Brazil. The deal expands Navan’s footprint in Latin America and supports its strategy in the fast-growing corporate travel market. Navan Expands in Latin America with Acquisition of Smartrips, a Leading Travel Management Company in Brazil
- Positive Sentiment: Coverage of Navan’s latest earnings call highlighted a strong quarter, including record bookings, stronger enterprise adoption, expanding AI usage, and a raised fiscal 2027 outlook. That combination suggests improving fundamentals and may be supporting investor confidence. NAVN Q1 Earnings Call Highlights AI Push, Enterprise Gains and Higher Outlook
- Neutral Sentiment: One market commentary argued Navan has strong near-term execution but remains a riskier long-term bet, a view that does not clearly change the stock’s short-term direction. Navan: Strong Near-Term Execution, Risky Long-Term Bet
- Negative Sentiment: Major shareholder and director Arif Janmohamed sold a large block of NAVN shares over two days, including 398,546 shares on June 16 and 77,323 shares on June 17. Heavy insider selling can pressure sentiment, even if it was disclosed properly and may reflect portfolio management rather than a change in outlook.
Hedge Funds Weigh In On Navan
Hedge funds have recently bought and sold shares of the business. CTC Alternative Strategies Ltd. bought a new position in Navan during the 1st quarter valued at about $177,000. Bank of America Corp DE raised its holdings in shares of Navan by 733.7% during the first quarter. Bank of America Corp DE now owns 210,524 shares of the company’s stock valued at $2,787,000 after purchasing an additional 185,271 shares during the last quarter. Janus Henderson Group PLC purchased a new stake in Navan in the first quarter worth approximately $367,000. Sunbelt Securities Inc. bought a new stake in Navan in the 1st quarter worth approximately $71,000. Finally, The Manufacturers Life Insurance Company grew its position in Navan by 160.3% in the 1st quarter. The Manufacturers Life Insurance Company now owns 38,212 shares of the company’s stock worth $506,000 after purchasing an additional 23,534 shares during the period.
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.
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