Navan Sees Unusually Large Options Volume (NASDAQ:NAVN)

Posted by Stanley Muller on Sep 9th, 2026

Navan, Inc. (NASDAQ:NAVN – Get Free Report) was the recipient of unusually large options trading on Wednesday. Traders bought 3,105 call options on the company. This represents an increase of approximately 195% compared to the typical volume of 1,051 call options.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. BNP Paribas Exane upped their price target on shares of Navan from $27.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Bank of America boosted their price objective on shares of Navan from $26.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. Citigroup reaffirmed an “outperform” rating on shares of Navan in a research report on Thursday, June 11th. Morgan Stanley upped their price target on Navan from $25.00 to $33.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Finally, Oppenheimer lifted their price objective on Navan from $30.00 to $35.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $30.36.

Check Out Our Latest Report on Navan

Insider Buying and Selling at Navan

In related news, President Michael Sindicich sold 2,176 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $21.06, for a total transaction of $45,826.56. Following the transaction, the president owned 548,318 shares of the company’s stock, valued at approximately $11,547,577.08. This represents a 0.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Ariel Cohen sold 168,378 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $30.14, for a total value of $5,074,912.92. Following the transaction, the chief executive officer directly owned 1,086,242 shares in the company, valued at approximately $32,739,333.88. This represents a 13.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 5,481,362 shares of company stock valued at $113,690,219. Corporate insiders own 63.39% of the company’s stock.

Institutional Investors Weigh In On Navan

Institutional investors and hedge funds have recently modified their holdings of the business. Lightspeed Management Company L.L.C. bought a new stake in Navan in the 4th quarter valued at $852,658,000. a16z Capital Management L.L.C. acquired a new position in Navan during the fourth quarter valued at approximately $464,497,000. Greenoaks Capital Partners LLC bought a new position in shares of Navan in the fourth quarter valued at $274,088,000. Cosmic Management LLC acquired a new position in shares of Navan during the 4th quarter worth about $121,930,000. Finally, Napean Trading & Investment Co Singapore PTE Ltd acquired a new position in Navan during the fourth quarter worth approximately $100,332,000.

Navan Trading Down 1.0%

NASDAQ NAVN traded down $0.28 on Wednesday, hitting $26.36. 560,401 shares of the stock were exchanged, compared to its average volume of 3,132,972. The company’s 50-day moving average price is $27.22 and its two-hundred day moving average price is $19.73. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.31 and a quick ratio of 4.31. Navan has a 52-week low of $8.10 and a 52-week high of $30.88. The company has a market capitalization of $6.71 billion and a price-to-earnings ratio of -12.26.

Navan (NASDAQ:NAVN – Get Free Report) last posted its quarterly earnings results on Wednesday, June 10th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of ($0.12) by $0.20. The company had revenue of $220.23 million for the quarter. The firm’s revenue was up 39.8% compared to the same quarter last year. Research analysts predict that Navan will post -0.37 EPS for the current year.

About Navan

(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.