NAVINasdaqSecurity Brokers, Dealers & Flotation CompaniesFiscal year ends December 31Also trades as JSM
NAVIENT CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$9.09−0.19 (-2.05%)
Close on Oct 19, 2026
- Market cap
- $863.55M
- P/E (TTM)
- –
- Dividend yield
- 7.04%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
99M
Shares held, 13F filers
Institutional holders
256
49 new, 32 sold out
Net institutional buying
4M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Sherborne Investors GP, LLC | 29,449,997 | 28.80% | 13D (active) amendment | Feb 27, 2025 |
| Sherborne Investors Management LP | 29,449,997 | 31.30% | 13D (active) amendment | Apr 16, 2026 |
| Sherborne Investors Master GP, LLC | 29,449,997 | 30.20% | 13D (active) amendment | Oct 29, 2025 |
| Welker Stephen | 29,449,997 | 27.40% | 13D (active) amendment | Dec 20, 2024 |
| BlackRock, Inc. | 11,618,525 | 11.50% | 13G (passive) amendment | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NAVI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Sherborne Investors Management LP | 29,449,997 | – | $250.62M | – | 100.00% |
| BlackRock, Inc. | 12,953,626 | – | $110.24M | +237,745 | 0.00% |
| Dimensional Fund Advisors LP | 5,310,075 | – | $45.19M | −1,073,458 | 0.01% |
| Vanguard Capital Management LLC | 2,803,871 | – | $23.86M | −86,900 | 0.00% |
| State Street Corp | 2,744,553 | – | $23.36M | +141,680 | 0.00% |
| Vanguard Portfolio Management LLC | 2,403,294 | – | $20.45M | −1,274,231 | 0.00% |
| American Century Companies Inc | 2,025,374 | – | $17.24M | −72,860 | 0.01% |
| Wellington Management Group Llp | 1,939,380 | – | $16.50M | +568,590 | 0.00% |
| Charles Schwab Investment Management Inc | 1,843,645 | – | $15.69M | −345,559 | 0.00% |
| Geode Capital Management, LLC | 1,734,114 | – | $14.76M | −2,065 | 0.00% |
| Hotchkis & Wiley Capital Management LLC | 1,610,764 | – | $13.71M | +203,580 | 0.04% |
| Gator Capital Management, LLC | 1,590,727 | – | $13.54M | +1,394,532 | 2.84% |
| Jupiter Asset Management Ltd | 1,479,131 | – | $12.59M | +299,731 | 0.06% |
| Bank Of America Corp /De/ | 1,408,769 | – | $11.99M | +165,005 | 0.00% |
| Arbiter Partners Capital Management LLC | 1,325,096 | – | $11.28M | +812,548 | 2.97% |
| Allianz Asset Management GmbH | 1,323,427 | – | $11.26M | +136,988 | 0.01% |
| Morgan Stanley | 1,300,355 | – | $11.07M | −7,499 | 0.00% |
| Goldman Sachs Group Inc | 1,278,685 | – | $10.88M | +277,205 | 0.00% |
| Citadel Advisors LLC | 1,073,458 | – | $9.14M | −237,762 | 0.00% |
| Squarepoint Ops LLC | 939,099 | – | $7.99M | +557,141 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 256 | 99M | 49 / 94 | 77 / 32 | 11M | 7M |
| Q1 2026 | 244 | 95M | 49 / 82 | 69 / 39 | 16M | 8M |
| Q4 2025 | 239 | 95M | 35 / 72 | 87 / 29 | 7M | 12M |
| Q3 2025 | 238 | 100M | 31 / 76 | 90 / 26 | 6M | 8M |
| Q2 2025 | 233 | 102M | 24 / 81 | 85 / 35 | 6M | 6M |
| Q1 2025 | 245 | 101M | 29 / 62 | 98 / 22 | 4M | 6M |
| Q4 2024 | 240 | 104M | 33 / 74 | 88 / 31 | 6M | 8M |
| Q3 2024 | 240 | 106M | 26 / 67 | 97 / 27 | 17M | 5M |
| Q2 2024 | 242 | 108M | 30 / 74 | 93 / 33 | 5M | 10M |
| Q1 2024 | 247 | 113M | 25 / 71 | 106 / 27 | 7M | 6M |
| Q4 2023 | 252 | 112M | 35 / 61 | 103 / 28 | 7M | 6M |
| Q3 2023 | 250 | 111M | 21 / 71 | 106 / 22 | 4M | 9M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NAVI | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 3,906,581 | – | $33.25M | 0.03% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,940,339 | – | $16.51M | 0.00% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 1,869,162 | – | $15.68M | 0.08% | Jul 31, 2026 |
| Avantis U.S. Small Cap Value ETF | 1,706,779 | – | $14.61M | 0.05% | May 31, 2026 |
| iShares Russell 2000 ETF | 1,681,826 | – | $14.31M | 0.02% | Jun 30, 2026 |
| Schwab Fundamental U.S. Small Company ETF | 1,108,770 | – | $9.49M | 0.11% | May 31, 2026 |
| PIMCO RAE US Small Fund | 862,494 | – | $7.34M | 0.19% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 750,171 | – | $6.38M | 0.01% | Jun 30, 2026 |
| U.S. Small Cap Portfolio | 731,829 | – | $6.14M | 0.03% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 708,973 | – | $5.95M | 0.02% | Jul 31, 2026 |
| Vanguard Small-Cap Index Fund | 702,572 | – | $5.98M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 667,667 | – | $5.68M | 0.04% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 588,562 | – | $5.01M | 0.03% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 562,048 | – | $4.78M | 0.06% | Jun 30, 2026 |
| Vanguard Explorer Value Fund | 549,652 | – | $4.71M | 0.38% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| David L. Yowan | President & CEO, Director | 411,261 | Jun 5, 2026 |
| Stephen M. Hauber | EVP, CFO & PAO | 353,517 | May 26, 2026 |
| Troy Standish | EVP & Chief Operating Officer | 267,982 | May 26, 2026 |
| David S. Green | EVP, Cnsmr Lend & CEO, Earnest | 153,467 | Mar 11, 2025 |
| Joe Fisher | EVP, CFO & PAO | 319,277 | Mar 5, 2025 |
| Diane E. Offereins | Director | 10,035 | Sep 25, 2026 |
| Anna Escobedo Cabral | Director | 60,180 | Jun 5, 2026 |
| Frederick Arnold | Director | 98,885 | Jun 5, 2026 |
| Michael A. Lawson | Director | 55,928 | Jun 5, 2026 |
| Larry A. Klane | Director | 7,342 | Jun 5, 2026 |
| Jane J. Thompson | Director | 6,261 | Feb 10, 2025 |
| Linda A. Mills | Director | 177,092 | Feb 10, 2025 |
| Investors LLC Newbury | 10% owner | 29,449,997 | Nov 1, 2024 |
| Sherborne Investors Management GP, LLC | 10% owner | – | Nov 1, 2024 |
| Sherborne Investors GP, LLC | 10% owner | 29,449,997 | Nov 1, 2024 |
| Investors LP Sherborne | 10% owner | – | Nov 1, 2024 |
| Investors Management LP Sherborne | 10% owner | – | Nov 1, 2024 |
| Sherborne Investors Master GP, LLC | 10% owner | 29,449,997 | Nov 1, 2024 |
| Edward J. Bramson | 10% owner | 28,808,589 | Nov 1, 2024 |
| Sherborne Strategic Fund F, LLC | 10% owner | – | Nov 1, 2024 |
| Stephen Welker | 10% owner | – | Nov 1, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Diane E. Offereins Director | Sep 24, 2026 | Award | +10,035 | – | – | 10,035 |
| Michael A. Lawson Director | Jun 4, 2026 | Award | +18,018 | $7.77 | $140.00K | 55,928 |
| Frederick Arnold Director | Jun 4, 2026 | Award | +18,018 | $7.77 | $140.00K | 98,885 |
| David L. Yowan President & CEO, Director | Jun 4, 2026 | Award | +18,018 | $7.77 | $140.00K | 411,261 |
| David L. Yowan President & CEO, Director | Jun 4, 2026 | Returned to company | −63,881.17 | $7.77 | $496.36K | 393,243 |
| David L. Yowan President & CEO, Director | Jun 4, 2026 | Tax withholding | −43,482.14 | $7.77 | $337.86K | 457,124 |
| David L. Yowan President & CEO, Director | Jun 4, 2026 | Option exercise | +107,363.31 | – | – | 500,606 |
| David L. Yowan President & CEO, Director | Jun 4, 2026 | Tax withholding | −14,676 | $7.77 | $114.03K | 393,243 |
| David L. Yowan President & CEO, Director | Jun 4, 2026 | Award | +36,235.22 | – | – | 407,919 |
| Stephen M. Hauber EVP, CFO & PAO | May 22, 2026 | Tax withholding | −816 | $8.44 | $6.89K | 353,517 |
| Troy Standish EVP & Chief Operating Officer | May 22, 2026 | Tax withholding | −1,125 | $8.44 | $9.50K | 251,859 |
| Stephen M. Hauber EVP, CFO & PAO | Mar 4, 2026 | Award | +73,444 | $8.68 | $637.49K | 350,947 |
| Troy Standish EVP & Chief Operating Officer | Mar 4, 2026 | Award | +51,843 | $8.68 | $450.00K | 250,658 |
| Stephen M. Hauber EVP, CFO & PAO | Mar 2, 2026 | Tax withholding | −4,838 | $8.62 | $41.70K | 277,503 |
| Troy Standish EVP & Chief Operating Officer | Mar 2, 2026 | Tax withholding | −1,783 | $8.62 | $15.37K | 198,815 |
| Troy Standish EVP & Chief Operating Officer | Feb 9, 2026 | Tax withholding | −1,810 | $10.03 | $18.15K | 203,457 |
| Stephen M. Hauber EVP, CFO & PAO | Feb 9, 2026 | Tax withholding | −2,979 | $10.03 | $29.88K | 289,964 |
| Troy Standish EVP & Chief Operating Officer | Feb 7, 2026 | Tax withholding | −3,059 | $10.05 | $30.74K | 205,267 |
| Stephen M. Hauber EVP, CFO & PAO | Feb 7, 2026 | Tax withholding | −5,167 | $10.05 | $51.93K | 292,943 |
| Troy Standish EVP & Chief Operating Officer | Feb 6, 2026 | Tax withholding | −893 | $10.05 | $8.97K | 208,326 |
| Stephen M. Hauber EVP, CFO & PAO | Feb 6, 2026 | Tax withholding | −2,962 | $10.05 | $29.77K | 298,110 |
| David L. Yowan President & CEO, Director | Dec 31, 2025 | Tax withholding | −24,075 | $13.00 | $312.98K | 546,402 |
| Troy Standish EVP & Chief Operating Officer | Nov 28, 2025 | Tax withholding | −769 | $12.40 | $9.54K | 208,179 |
| David L. Yowan President & CEO, Director | Jul 3, 2025 | Tax withholding | −23,501 | $14.82 | $348.28K | 560,568 |
| Stephen M. Hauber EVP & Chief Admin Officer | May 23, 2025 | Tax withholding | −789 | $13.25 | $10.45K | 295,709 |
| Troy Standish EVP & Chief Operating Officer | May 23, 2025 | Tax withholding | −1,057 | $13.25 | $14.01K | 206,936 |
| Anna Escobedo Cabral Director | May 12, 2025 | Other | −11,231 | $14.05 | $157.80K | 60,180 |
| Anna Escobedo Cabral Director | May 12, 2025 | Other | −11,231 | $14.05 | $157.80K | 60,180 |
| David S. Green EVP, Cnsmr Lend & CEO, Earnest | Mar 3, 2025 | Tax withholding | −1,146 | $13.91 | $15.94K | 152,321 |
| Stephen M. Hauber EVP & Chief Admin Officer | Mar 3, 2025 | Tax withholding | −4,978 | $13.91 | $69.24K | 294,886 |
| Joe Fisher EVP, CFO & PAO | Mar 3, 2025 | Tax withholding | −7,096 | $13.91 | $98.71K | 319,277 |
| Troy Standish EVP & Chief Operating Officer | Mar 3, 2025 | Tax withholding | −2,258 | $13.91 | $31.41K | 206,969 |
| Stephen M. Hauber EVP & Chief Admin Officer | Feb 9, 2025 | Tax withholding | −2,840 | $13.58 | $38.57K | 313,114 |
| Joe Fisher EVP, CFO & PAO | Feb 9, 2025 | Tax withholding | −5,917 | $13.58 | $80.35K | 345,260 |
| Troy Standish EVP & Chief Operating Officer | Feb 9, 2025 | Tax withholding | −1,713 | $13.58 | $23.26K | 215,334 |
| Michael A. Lawson Director | Feb 7, 2025 | Award | +10,309 | $13.58 | $140.00K | 37,724 |
| Frederick Arnold Director | Feb 7, 2025 | Award | +10,309 | $13.58 | $140.00K | 80,681 |
| Stephen M. Hauber EVP & Chief Admin Officer | Feb 7, 2025 | Award | +32,793 | $13.58 | $445.33K | 315,954 |
| Stephen M. Hauber EVP & Chief Admin Officer | Feb 7, 2025 | Award | +31,296 | $13.58 | $425.00K | 283,161 |
| Joe Fisher EVP, CFO & PAO | Feb 7, 2025 | Award | +46,023 | $13.58 | $624.99K | 302,952 |
| Joe Fisher EVP, CFO & PAO | Feb 7, 2025 | Award | +48,225 | $12.96 | $625.00K | 351,177 |
| Linda A. Mills Director | Feb 7, 2025 | Award | +17,673 | $13.58 | $240.00K | 177,092 |
| Troy Standish EVP & Chief Operating Officer | Feb 7, 2025 | Award | +23,148 | $13.58 | $314.35K | 217,047 |
| Troy Standish EVP & Chief Operating Officer | Feb 7, 2025 | Award | +22,091 | $13.58 | $300.00K | 193,899 |
| Anna Escobedo Cabral Director | Feb 7, 2025 | Award | +10,309 | $13.58 | $140.00K | 71,318 |
| Stephen M. Hauber EVP & Chief Admin Officer | Feb 6, 2025 | Tax withholding | −2,613 | $13.79 | $36.03K | 251,865 |
| Joe Fisher EVP, CFO & PAO | Feb 6, 2025 | Tax withholding | −5,251 | $13.79 | $72.41K | 256,929 |
| Troy Standish EVP & Chief Operating Officer | Feb 6, 2025 | Tax withholding | −845 | $13.79 | $11.65K | 171,808 |
| Joe Fisher EVP, CFO & PAO | Feb 4, 2025 | Tax withholding | −5,128 | $13.79 | $70.72K | 262,180 |
| Troy Standish EVP & Chief Operating Officer | Feb 4, 2025 | Tax withholding | −1,351 | $13.79 | $18.63K | 172,653 |
| Stephen M. Hauber EVP & Chief Admin Officer | Feb 4, 2025 | Tax withholding | −3,674 | $13.79 | $50.66K | 254,478 |
| Anna Escobedo Cabral Director | Jan 1, 2025 | Option exercise | +11,691.05 | $13.29 | $155.37K | 61,009 |
| David L. Yowan President & CEO, Director | Dec 31, 2024 | Tax withholding | −23,757 | $13.29 | $315.73K | 573,195 |
| David L. Yowan President & CEO, Director | Dec 31, 2024 | Tax withholding | −23,757 | $13.29 | $315.73K | 573,195 |
| Troy Standish EVP & Chief Operating Officer | Dec 16, 2024 | Tax withholding | −911 | $14.76 | $13.45K | 173,250 |
| Stephen M. Hauber EVP & Chief Admin Officer | Nov 6, 2024 | Sale(10b5-1 plan) | −10,000 | $15.00 | $150.00K | 256,883 |
| Sherborne Investors GP, LLC 10% owner | Oct 31, 2024 | Other | −29,449,997 | – | – | 0 |
| David L. Yowan President & CEO, Director | Jul 3, 2024 | Award | +110,957 | $14.42 | $1.60M | 586,216 |
| David L. Yowan President & CEO, Director | Jul 3, 2024 | Award | +166,435 | $14.42 | $2.40M | 475,304 |
| Stephen M. Hauber EVP & Chief Admin Officer | May 23, 2024 | Award | +6,527 | $14.94 | $97.51K | 264,536 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Joe Fisher Former Officer | Apr 16, 2026 | 23,146 | $196.07K | Apr 16, 2026 | Restricted Stock Vesting |
| Joe Fisher Former Officer | Apr 14, 2026 | 30,982 | $253.64K | Apr 14, 2026 | Restricted Stock Vesting |
| Joe Fisher Former Officer | Apr 13, 2026 | 30,000 | $240.96K | Apr 13, 2026 | Restricted Stock Vesting |
| Joe Fisher Former Officer | Mar 12, 2026 | 20,000 | $160.42K | Mar 12, 2026 | Restricted Stock Vesting |
| Stephen M. Hauber Officer | Nov 6, 2024 | 10,000 | $150.00K | Nov 6, 2024 | Restricted Stock Vesting |
| Mark L. Heleen Officer | May 3, 2024 | 10,000 | $160.00K | May 3, 2024 | Stock Plan Activity |
| Mark L. Heleen Officer | Jan 31, 2024 | 10,000 | $171.67K | Jan 31, 2024 | Stock Plan Activity |
| John M. Kane Officer | Dec 14, 2023 | 150,132 | $2.85M | Dec 14, 2023 | Stock Plan Activity |
| Mark L. Heleen Officer | Nov 7, 2023 | 10,000 | $169.56K | Nov 7, 2023 | Stock Plan Activity |
| Mark L. Heleen Officer | Jul 31, 2023 | 20,000 | $385.00K | Jul 31, 2023 | Stock Plan Vesting |
| John F. Remondi Officer | Jul 31, 2023 | 6,223 | $117.74K | Jul 31, 2023 | RSU Vesting |
| John F. Remondi Officer | Jul 28, 2023 | 45,071 | $845.98K | Jul 28, 2023 | RSU Vesting |
| John F. Remondi Officer | Jul 27, 2023 | 1,914 | $35.72K | Jul 27, 2023 | RSU Vesting |
| John F. Remondi Officer | Jul 26, 2023 | 2,206 | $42.72K | Jul 26, 2023 | RSU Vesting |
| John F. Remondi Officer | Jul 25, 2023 | 52,487 | $1.02M | Jul 25, 2023 | RSU Vesting |