NextNav Inc. Insider Sammaad Shams Sells Shares
Sammaad Shams sold 2,006 shares of NextNav Inc. on June 29, 2026.
Key Points
- On June 29, 2026, Sammaad Shams, the Chief Accounting Officer of NextNav Inc., sold 2,006 shares at an average price of $17.84 each.
- NextNav Inc., trading on NasdaqCM under the ticker NN, has a market cap of approximately $2.35 billion and a 52-week high of $24.42.
- Oppenheimer maintained a 'buy' rating for NextNav Inc. with a $50 price target on June 3, 2026.
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On June 29, 2026, Sammaad Shams, the Chief Accounting Officer of NextNav Inc. (NasdaqCM: NN), sold 2,006 shares of the company. The shares were sold at an average price of $17.84, totaling approximately $35,787. This transaction was part of a planned sale.
Insider Buying and Selling at NextNav Inc.
Sammaad Shams wasn't the only insider trading shares recently. On June 24, 2026, Susan Brasse Insley, the Chief Operating Officer, sold 2,370 shares at an average price of $17.13. Additionally, Neil Subin executed several trades in late June, both buying and selling significant numbers of shares.
Other Institutional Activity in NextNav Inc.
Several institutional investors have also been active with NextNav Inc. Clutterbuck Capital Management LLC significantly increased its holdings by 3,537,535 shares, ending with 9,300,806 shares valued at about $150.5 million. Wolf Hill Capital Management, LP added 1,888,826 shares, growing its stake by 36.7% to a total of 7,040,191 shares, worth approximately $112.8 million. Vanguard Capital Management LLC opened a new position with 3,902,659 shares valued at around $62.5 million.
NextNav Inc. Stock Up 16.1%
Shares of NextNav Inc. traded near $17.21 on Tuesday. The company, listed on NasdaqCM under the ticker NN, has a market capitalization of approximately $2.35 billion. Although the company is not currently profitable, it has a forward P/E ratio of -23.58 and a beta of 1.047. The stock's 52-week range spans from a low of $10.87 to a high of $24.42, with a 50-day moving average of $20.12 and a 200-day moving average of $16.54.
$NN stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On June 3, 2026, Oppenheimer maintained its 'buy' rating on NextNav Inc. with a price target of $50. The consensus among analysts is a 'strong buy', with a mean price target of $39.50, based on two analyst opinions.
About NextNav Inc.
NextNav Inc. is a technology company based in Reston, Virginia, specializing in positioning, navigation, and timing solutions. The company offers the Pinnacle service, providing accurate altitude data for public safety applications, and TerraPoiNT, a 3D PNT system that offers GPS-like services through a land-based network. NextNav serves various sectors, including telecom, public safety, and critical infrastructure, under the leadership of CEO Mariam Sorond.
Bottom Line
Insider transactions like the recent sale by Sammaad Shams provide a glimpse into the activities of company executives. While these trades are planned, they can still be of interest to investors. Institutional movements and analyst ratings further inform the market's view of NextNav Inc., a company with strategic offerings in the technology sector. As always, it's important to remember that this information is based on filings and reports that reflect past activity.
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