Navan (NASDAQ:NAVN) CFO Anne Mary Giviskos Sells 2,675 Shares

Navan, Inc. (NASDAQ:NAVNGet Free Report) CFO Anne Mary Giviskos sold 2,675 shares of the stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $13.85, for a total value of $37,048.75. Following the sale, the chief financial officer owned 106,090 shares in the company, valued at $1,469,346.50. The trade was a 2.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Navan Stock Down 9.3%

NASDAQ NAVN opened at $11.48 on Friday. 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 stock’s fifty day moving average price is $15.31. The stock has a market capitalization of $2.85 billion and a price-to-earnings ratio of -5.86. Navan, Inc. has a 52 week low of $11.40 and a 52 week high of $22.75.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Loop Capital raised shares of Navan to a “strong-buy” rating in a research note on Monday, November 24th. Mizuho initiated coverage on Navan in a research note on Monday, November 24th. They set an “outperform” rating and a $25.00 price target for the company. Wall Street Zen upgraded Navan to a “hold” rating in a report on Friday, November 21st. Weiss Ratings started coverage on Navan in a research report on Tuesday. They issued a “sell (d)” rating on the stock. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Navan presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.42.

Read Our Latest Report on NAVN

Key Navan News

Here are the key news stories impacting Navan this week:

Institutional Trading of Navan

A number of large investors have recently modified their holdings of the company. FNY Investment Advisers LLC bought a new position in Navan in the fourth quarter worth approximately $115,000. Teachers Retirement System of The State of Kentucky bought a new stake in Navan during the 4th quarter valued at $223,000. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of Navan in the 4th quarter worth $256,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Navan during the 4th quarter worth $257,000. Finally, SG Americas Securities LLC bought a new position in shares of Navan during the 4th quarter worth $270,000.

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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