Arif Janmohamed Sells 1,019,900 Shares of Navan, Inc.
The insider transaction totaled approximately $20.4 million on June 12, 2026.
Key Points
- On June 12, 2026, Arif Janmohamed sold 1,019,900 shares of Navan, Inc. at an average price of $20.00, totaling $20.4 million.
- Navan, Inc. trades on the NasdaqGS under the ticker NAVN and has a market cap of about $5.07 billion.
- Analysts have maintained strong buy ratings for Navan, Inc., with a target mean price of $29.40 and recent targets up to $38.00.
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Arif Janmohamed recently sold a significant number of shares in Navan, Inc. (NASDAQ:NAVN). On June 12, 2026, he sold 1,019,900 shares at an average price of $20.00 each, amounting to approximately $20.4 million. This transaction was not part of a pre-planned trading program.
Navan, Inc. Stock Down 30.1%
Shares of Navan, Inc. are currently trading at around $19.93. The company boasts a market cap of approximately $5.07 billion and a forward P/E ratio of 60.58. Navan's stock has ranged from a 52-week low of $8.11 to a high of $24.50. The 50-day moving average is $17.69, while the 200-day moving average is $14.87. Financially, Navan maintains a robust current ratio of 4.31 and a quick ratio of 3.70, with a debt-to-equity ratio of 13.95.
$NAVN stock price
Daily closing prices, year to date. Not investment advice.
Other Institutional Activity in Navan, Inc.
Several notable institutional investors have also been active in Navan, Inc. A16Z Capital Management, L.L.C. increased its holdings by 1,023,312 shares, resulting in a total of 28,218,676 shares valued at about $373.6 million. Conversely, Greenoaks Capital Partners LLC reduced its position by 1,698,000 shares, leaving it with 14,349,328 shares worth approximately $190.0 million. Wellington Management Group LLP trimmed its stake by 312,626 shares, maintaining 5,243,445 shares valued at around $69.4 million.
Recent Earnings
Navan, Inc. reported revenue of $765.0 million, marking a growth of 39.9%. However, the company is not currently profitable, with a net margin of -46.7% and a return on equity of -52.9%. The next earnings report is anticipated on August 12, 2026.
Analysts Set New Price Targets
Analysts remain optimistic about Navan, Inc.'s prospects. On June 11, 2026, TD Cowen, Citigroup, and Rosenblatt all maintained their buy ratings, with price targets of $29.00, $28.00, and $27.00, respectively. The consensus among 15 analysts is a strong buy, with a target mean price of $29.40 and a high target of $38.00.
About Navan, Inc.
Navan, Inc. is a technology company based in Palo Alto, California. It operates an AI-powered software platform designed to simplify travel and expense management. The company offers solutions that cover the entire travel lifecycle, from booking to expense reconciliation. Navan, formerly known as TripActions, was incorporated in 2015 and is led by CEO Mr. Ariel M. Cohen. With around 3,700 employees, the company serves various sectors including finance and human resources.
Bottom Line
Arif Janmohamed's recent sale of a large stake in Navan, Inc. is noteworthy, given the company's position in the tech industry. Navan continues to attract attention from investors and analysts alike, with a strong buy consensus and high price targets. As always, it's important to remember that insider transactions and 13F filings are backward-looking and may not reflect current positions or projections.
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