Navan (NASDAQ:NAVN) Insider Anne Mary Giviskos Sells 31,150 Shares of Stock

Navan, Inc. (NASDAQ:NAVNGet Free Report) insider Anne Mary Giviskos sold 31,150 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $9.52, for a total transaction of $296,548.00. Following the completion of the sale, the insider owned 74,940 shares in the company, valued at $713,428.80. This represents a 29.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Anne Mary Giviskos also recently made the following trade(s):

  • On Wednesday, January 28th, Anne Mary Giviskos sold 2,675 shares of Navan stock. The stock was sold at an average price of $13.85, for a total transaction of $37,048.75.

Navan Stock Performance

NAVN traded down $0.04 during trading on Friday, reaching $11.01. The stock had a trading volume of 445,679 shares, compared to its average volume of 1,726,131. The firm’s 50-day moving average is $13.08. Navan, Inc. has a one year low of $8.83 and a one year high of $22.75. The company has a current ratio of 4.49, a quick ratio of 4.49 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $2.74 billion and a PE ratio of -5.62.

Analysts Set New Price Targets

NAVN has been the topic of a number of research reports. Wall Street Zen raised shares of Navan to a “hold” rating in a research note on Friday, November 21st. Loop Capital raised Navan to a “strong-buy” rating in a report on Monday, November 24th. Zacks Research raised Navan to a “hold” rating in a research report on Friday, December 26th. Weiss Ratings started coverage on Navan in a research report on Tuesday, January 27th. They issued a “sell (d)” rating for the company. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of Navan in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Navan has a consensus rating of “Moderate Buy” and a consensus price target of $24.36.

View Our Latest Stock Report on Navan

Key Stories Impacting Navan

Here are the key news stories impacting Navan this week:

Hedge Funds Weigh In On Navan

Hedge funds have recently modified their holdings of the stock. Royal Bank of Canada purchased a new stake in Navan during the 4th quarter worth approximately $35,000. California State Teachers Retirement System acquired a new stake in Navan in the 4th quarter valued at approximately $39,000. Russell Investments Group Ltd. purchased a new stake in shares of Navan in the 4th quarter valued at $51,000. New York State Common Retirement Fund purchased a new position in shares of Navan in the fourth quarter valued at approximately $101,000. Finally, Strs Ohio purchased a new stake in Navan during the 4th quarter worth approximately $113,000.

Navan Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Navan (NASDAQ:NAVN)

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