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buyModerate cluster of 4

Andreessen Horowitz Fund V, L.P. bought $16M of NAVN

owner at Navan, Inc.. 976,975 shares at an average of $16.31, traded Jan 2, 2026, filed Jan 6, 2026.

Conviction score
59
Value
$16M
976,975 shares
Holdings after
8,300,455
+13% from before
From 52-week low
+26%
low $12.90, close $16.25
From 52-week high
-20%
high $20.27, as of Jan 2, 2026

Score components

  • Role
    10% owner
    +12
  • Trade size
    $15.9M at market
    +25
  • Relative to holdings
    Holdings up 13%
    +3
  • Price context
    20% below the 52-week high
    +4
  • Cluster
    4 insiders buying within 14 days
    +15
  • Repeat buying
    3 buys in 90 days
    +5
  • Track record
    Too few past buys to judge (0 with prices)
    0
  • Outside holder
    A 10% owner who is not an officer or director
    -5

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -41.1%, 3m -26.7%, 6m +60.3%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

NAVNOct 12, 2026 · close 23.56
Since filing Jan 6, 2026: +38.6%SPY +13.4% · excess +25.2%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001231919-26-000013, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jan 2, 2026POpen-market purchase
Class A Common Stockindirect: By Andreessen Horowitz LSV Fund II, L.P.
+466,058$16.27$7.6M7,789,538Jan 6, 2026
Jan 5, 2026POpen-market purchase
Class A Common Stockindirect: By Andreessen Horowitz LSV Fund II, L.P.
+202,729$15.77$3.2M7,992,267Jan 6, 2026
Jan 6, 2026POpen-market purchase
Class A Common Stockindirect: By Andreessen Horowitz LSV Fund II, L.P.
+308,188$16.74$5.2M8,300,455Jan 6, 2026

Related signals

Other insiders at Navan, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
65Notable
NAVNsell 3
Navan, Inc.
Ariel M. Cohen
Chairperson and CEO
$1.1M
50,647 shares
-5%
47Moderate
NAVNsell 3
Navan, Inc.
Michael Eric Sindicich
President
$191k
8,977 shares
-2%
52Moderate
NAVNsell 3
Navan, Inc.
Ilan Ezra Twig
Chief Technology Officer
$767k
36,040 shares
-4%
40Moderate
NAVNsell10b5-1
Navan, Inc.
Ariel M. Cohen
Chairperson and CEO
$12M
393,378 shares
-31%
53Moderate
NAVNsell 2
Navan, Inc.
Lightspeed Venture Partners Select II, L.P.
owner
$228k
8,983 shares
-100%
53Moderate
NAVNsell 2
Navan, Inc.
Lightspeed Venture Partners X, L.P.
owner
$228k
8,983 shares
-100%
60Notable
NAVNsell 5
Navan, Inc.
Lightspeed Venture Partners Select II, L.P.
owner
$261k
10,569 shares
-100%
60Notable
NAVNsell 5
Navan, Inc.
Lightspeed Venture Partners X, L.P.
owner
$261k
10,569 shares
-100%
63Notable
NAVNsell 6
Navan, Inc.
Ariel M. Cohen
Chairperson and CEO
$875k
41,530 shares
-3%
41Moderate
NAVNsell 6
Navan, Inc.
Michael Eric Sindicich
President
$46k
2,176 shares
-0%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Andreessen Horowitz Fund V, L.P. bought $16M of NAVN | InsiderTell