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Benjamin Horowitz and fund bought nearly 1M Navan shares for $15.9M, boosting stake to 8.3M shares.
On January 2 and 6, 2026, Benjamin Horowitz and the Horowitz LSV Fund Andreessen collectively purchased nearly 1 million shares of Navan (NAVN), spending about $15.9 million, increasing their stake to roughly 8.3 million shares.
The transactions, disclosed in SEC filings, were viewed as a positive signal amid Navan’s strong financial health, including a low debt-to-equity ratio and high liquidity.
The stock traded around $17.00, with analysts maintaining a consensus “Buy” rating and a $24.92 price target.
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Benjamin Horowitz y su fondo compraron casi 1 millón de acciones de Navan por 15.9 millones de dólares, aumentando la participación a 8.3 millones de acciones.