Traders Buy Large Volume of Call Options on NextNav (NASDAQ:NN)

Posted by on Jul 31st, 2026

NextNav Inc. (NASDAQ:NN – Get Free Report) saw some unusual options trading on Thursday. Stock investors acquired 99,692 call options on the stock. This represents an increase of 465% compared to the typical volume of 17,630 call options.

NextNav Stock Performance

NN opened at $13.42 on Friday. The stock has a market capitalization of $1.83 billion, a PE ratio of -11.09 and a beta of 1.06. The stock’s 50 day moving average price is $17.65 and its 200-day moving average price is $17.40. NextNav has a 52-week low of $10.87 and a 52-week high of $24.42.

NextNav (NASDAQ:NN – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.03. The business had revenue of $0.99 million during the quarter, compared to analysts’ expectations of $0.94 million. Research analysts forecast that NextNav will post -0.48 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CAO Sammaad Shams sold 2,006 shares of the stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $17.84, for a total transaction of $35,787.04. Following the completion of the sale, the chief accounting officer owned 70,944 shares of the company’s stock, valued at approximately $1,265,640.96. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel James S. Black sold 1,878 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $22.96, for a total transaction of $43,118.88. Following the completion of the transaction, the general counsel owned 91,688 shares in the company, valued at $2,105,156.48. This represents a 2.01% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 76,567 shares of company stock worth $1,522,252 in the last ninety days. 7.80% of the stock is owned by insiders.

Institutional Investors Weigh In On NextNav

Institutional investors and hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. increased its position in shares of NextNav by 6.6% during the fourth quarter. Russell Investments Group Ltd. now owns 10,950 shares of the company’s stock valued at $182,000 after buying an additional 675 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in NextNav by 1.5% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,253 shares of the company’s stock worth $733,000 after buying an additional 714 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in NextNav by 0.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,213 shares of the company’s stock worth $3,332,000 after buying an additional 863 shares during the period. Cannell & Spears LLC lifted its holdings in NextNav by 0.7% in the first quarter. Cannell & Spears LLC now owns 122,851 shares of the company’s stock worth $1,961,000 after buying an additional 899 shares during the period. Finally, Caitong International Asset Management Co. Ltd boosted its position in NextNav by 347.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,217 shares of the company’s stock valued at $37,000 after acquiring an additional 1,721 shares in the last quarter. 79.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on NN. Weiss Ratings reiterated a “sell (d-)” rating on shares of NextNav in a report on Friday, July 17th. B. Riley Financial reissued a “buy” rating on shares of NextNav in a report on Thursday, April 23rd. Odeon Capital Group began coverage on shares of NextNav in a research report on Monday, July 20th. They issued a “buy” rating and a $22.00 price objective on the stock. Oppenheimer boosted their price objective on shares of NextNav from $25.00 to $50.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Finally, Zacks Research raised shares of NextNav from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, NextNav currently has an average rating of “Moderate Buy” and a consensus price target of $32.33.

Check Out Our Latest Stock Analysis on NN

About NextNav

(Get Free Report)

NextNav, Inc is a provider of advanced 3D geolocation infrastructure and positioning services in the United States. The company operates a nationwide network designed to deliver real-time horizontal and vertical location data for consumer, enterprise and public safety applications. By leveraging spectrum holdings in the 900 MHz band, NextNav’s network offers precise altitude and position information that complements GPS and other satellite systems, particularly in urban canyons, indoors or underground environments where traditional signals struggle.

At the core of NextNav’s offering is its TerraPoiNT platform, which enables developers, carriers and emergency response centers to integrate high-accuracy vertical location into their applications and workflows.

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