NAVNNasdaqServices-Prepackaged SoftwareFiscal year ends January 31
Navan, Inc.
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 10, 2026
$25.67+0.29 (+1.14%)
Close on Oct 19, 2026
- Market cap
- $6.58B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
64.6%
168M of 260M shares
Institutional holders
208
96 new, 33 sold out
Net institutional buying
19M
In Q2 2026
Insider trades, 12 months
50 buys · 53 sales
Net sold $49.45M
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 |
|---|---|---|---|---|
| Oren Zeev | 37,347,067 | 16.01% | 13G (passive) | Oct 31, 2025 |
| Marc L. Andreessen | 27,195,364 | 11.70% | 13G (passive) | Dec 31, 2025 |
| Lightspeed Ultimate General Partner X, Ltd. | 20,053,562 | 8.40% | 13G (passive) amendment | Jun 30, 2026 |
| Greenoaks Capital Partners LLC | 16,047,328 | 6.90% | 13G (passive) | Oct 30, 2025 |
| Ilan Twig | 12,958,895 | 5.30% | 13G (passive) | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NAVN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Lightspeed Management Company, L.L.C. | 41,698,258 | 16.01% | $953.64M | −8,223,196 | 39.65% |
| a16z Capital Management, L.L.C. | 28,218,676 | 10.84% | $645.36M | – | 4.54% |
| Cosmic Management, LLC | 7,138,769 | 2.74% | $163.26M | – | 42.74% |
| BlackRock, Inc. | 6,700,627 | 2.57% | $153.24M | +3,872,644 | 0.00% |
| Napean Trading & Investment Co (Singapore) PTE Ltd | 5,874,257 | 2.26% | $134.34M | – | 46.15% |
| BIT Capital GmbH | 5,210,700 | 2.00% | $119.17M | +4,980,897 | 3.53% |
| Millennium Management LLC | 4,297,483 | 1.65% | $98.28M | +1,455,455 | 0.04% |
| Vanguard Portfolio Management LLC | 3,979,837 | 1.53% | $91.02M | +2,444,800 | 0.00% |
| Capital International Investors | 3,600,694 | 1.38% | $82.35M | −182,644 | 0.02% |
| Wellington Management Group Llp | 3,276,813 | 1.26% | $74.94M | −1,966,632 | 0.01% |
| Vanguard Capital Management LLC | 3,162,155 | 1.21% | $72.32M | +1,588,102 | 0.00% |
| Lord, Abbett & Co. LLC | 2,653,071 | 1.02% | $60.68K | +32,665 | 0.17% |
| Fuller & Thaler Asset Management, Inc. | 2,431,172 | 0.93% | $55.60M | +52,805 | 0.15% |
| Schonfeld Strategic Advisors LLC | 2,390,155 | 0.92% | $54.66M | +2,334,943 | 0.20% |
| Alliancebernstein L.P. | 2,378,447 | 0.91% | $31.49M | +2,349,947 | 0.01% |
| Bank Of America Corp /De/ | 2,190,666 | 0.84% | $50.10M | +1,980,142 | 0.00% |
| Alkeon Capital Management LLC | 2,185,278 | 0.84% | $49.98M | −501,550 | 0.07% |
| Price T Rowe Associates Inc /Md/ | 2,074,910 | 0.80% | $47.46K | +1,041,946 | 0.00% |
| Geode Capital Management, LLC | 2,043,728 | 0.78% | $46.75M | +1,007,092 | 0.00% |
| Healthcare Of Ontario Pension Plan Trust Fund | 2,022,843 | 0.78% | $46.26M | +1,422,843 | 0.06% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 208 | 168M | 64.6% | 96 / 66 | 30 / 33 | 49M | 31M |
| Q1 2026 | 148 | 150M | 57.4% | 67 / 36 | 25 / 30 | 19M | 18M |
| Q4 2025 | 112 | 152M | 58.4% | 112 / 0 | 0 / 0 | 152M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NAVN | Value | % of fund | As of |
|---|---|---|---|---|---|
| SMALLCAP World Fund Inc | 3,501,628 | 1.34% | $80.08M | 0.08% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 2,637,994 | 1.01% | $60.33M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 2,536,517 | 0.97% | $58.01M | 0.07% | Jun 30, 2026 |
| Lord Abbett Developing Growth Fund Inc | 1,983,565 | 0.76% | $52.80M | 2.38% | Jul 31, 2026 |
| Vanguard Small-Cap Index Fund | 1,906,786 | 0.73% | $43.61M | 0.02% | Jun 30, 2026 |
| Fullerthaler Behavioral Small-Cap Growth | 1,560,700 | 0.60% | $35.69M | 0.58% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,206,336 | 0.46% | $27.59M | 0.04% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,141,023 | 0.44% | $30.37M | 0.09% | Jul 31, 2026 |
| AB Small Cap Growth Portfolio | 1,097,030 | 0.42% | $25.09M | 0.80% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 910,301 | 0.35% | $20.82M | 0.13% | Jun 30, 2026 |
| T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund | 874,298 | 0.34% | $20.00M | 0.20% | Jun 30, 2026 |
| Franklin Small Cap Growth Fund | 668,439 | 0.26% | $17.79M | 0.72% | Jul 31, 2026 |
| Fidelity Enhanced Small Cap Core ETF | 623,064 | 0.24% | $14.25M | 0.25% | Jun 30, 2026 |
| Nuveen Quant Small Cap Equity Fund | 483,480 | 0.19% | $12.87M | 0.32% | Jul 31, 2026 |
| College Retirement Equities Fund - Total Global Stock Account | 448,441 | 0.17% | $10.26M | 0.01% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Ariel M. Cohen | Chairperson and CEO, Director | 6,431,929 | 2.47% | Sep 23, 2026 |
| Ilan Ezra Twig | Chief Technology Officer, Director | 19,542,494 | 7.50% | Sep 23, 2026 |
| Michael Eric Sindicich | President | 539,341 | 0.21% | Sep 23, 2026 |
| Aurelien Pierre Leon Nolf | Chief Financial Officer | 876,337 | 0.34% | Mar 12, 2026 |
| Anne Mary Giviskos | See Remarks | 74,940 | 0.03% | Mar 5, 2026 |
| Amy Butte | Chief Financial Officer | 794,065 | 0.30% | Oct 31, 2025 |
| Zeev Ventures Ii, L.P. | Director, 10% owner | – | – | Aug 24, 2026 |
| Oren Zeev | Director, 10% owner | – | – | Aug 24, 2026 |
| Zeev Ventures Viii, L.P. | Director, 10% owner | – | – | Aug 24, 2026 |
| Sandesh Kaveripatnam | Director | 8,626,169 | 3.31% | Aug 24, 2026 |
| Zeev Ventures Vii, L.P. | Director, 10% owner | 33,351,797 | 12.81% | Aug 24, 2026 |
| Zeev Opportunity Fund I, L.P. | Director, 10% owner | 2,056,491 | 0.79% | Aug 24, 2026 |
| Zeev Ventures IV, L.P. | Director, 10% owner | – | – | Aug 24, 2026 |
| Zeev Ventures Iii, L.P. | Director, 10% owner | – | – | Aug 24, 2026 |
| Zeev Ventures Ii-A, L.P. | Director, 10% owner | – | – | Aug 24, 2026 |
| Zeev Ventures Vi, L.P. | Director, 10% owner | 33,351,403 | 12.81% | Aug 24, 2026 |
| Clara Liang | Director | 10,397 | 0.00% | Aug 24, 2026 |
| Anre D. Williams | Director | 226,029 | 0.09% | Aug 24, 2026 |
| Zeev Ventures V, L.P. | Director, 10% owner | 37,347,067 | 14.34% | Aug 24, 2026 |
| Benjamin A. Horowitz | Director, 10% owner | 28,230,304 | 10.84% | Aug 24, 2026 |
| Michael R. Kourey | Director | 253,253 | 0.10% | Jun 29, 2026 |
| Shai Weiss | Director | 37,312 | 0.01% | Jun 29, 2026 |
| Arif Janmohamed | Director | 2,919,622 | 1.12% | Jun 29, 2026 |
| Lightspeed Venture Partners X, L.P. | 10% owner | 41,687,689 | 16.01% | Jul 9, 2026 |
| Lightspeed Management Company, L.L.C. | 10% owner | 37,022,759 | 14.22% | Jul 9, 2026 |
| Lightspeed Ultimate General Partner Select II, Ltd. | 10% owner | 42,163,558 | 16.19% | Jul 9, 2026 |
| Lightspeed General Partner Select II, L.P. | 10% owner | – | – | Jul 9, 2026 |
| Lightspeed Ultimate General Partner Opportunity Fund, Ltd. | 10% owner | – | – | Jul 9, 2026 |
| Lightspeed Opportunity Fund, L.P. | 10% owner | – | – | Jul 9, 2026 |
| Lightspeed General Partner Opportunity Fund, L.P. | 10% owner | 36,621,104 | 14.06% | Jul 9, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Ariel M. Cohen Chairperson and CEO, Director | Sep 21, 2026 | Sale | −50,647 | $21.27 | $1.08M | 1,035,595 |
| Michael Eric Sindicich President | Sep 21, 2026 | Sale | −8,977 | $21.27 | $190.94K | 539,341 |
| Ilan Ezra Twig Chief Technology Officer, Director | Sep 21, 2026 | Sale | −36,040 | $21.27 | $766.57K | 769,820 |
| Ariel M. Cohen Chairperson and CEO, Director | Aug 27, 2026 | Conversion | +75,000 | – | – | 75,000 |
| Ariel M. Cohen Chairperson and CEO, Director | Aug 27, 2026 | Sale(10b5-1 plan) | −168,378 | $30.14 | $5.07M | 1,086,242 |
| Ariel M. Cohen Chairperson and CEO, Director | Aug 27, 2026 | Conversion | +75,000 | – | – | 75,000 |
| Ariel M. Cohen Chairperson and CEO, Director | Aug 27, 2026 | Sale(10b5-1 plan) | −75,000 | $30.14 | $2.26M | 0 |
| Ariel M. Cohen Chairperson and CEO, Director | Aug 27, 2026 | Sale(10b5-1 plan) | −75,000 | $30.14 | $2.26M | 0 |
| Ariel M. Cohen Chairperson and CEO, Director | Aug 27, 2026 | Sale(10b5-1 plan) | −75,000 | $30.14 | $2.26M | 0 |
| Ariel M. Cohen Chairperson and CEO, Director | Aug 27, 2026 | Conversion | +75,000 | – | – | 75,000 |
| Sandesh Kaveripatnam Director | Aug 20, 2026 | Award | +394 | $28.56 | $11.25K | 46,205 |
| Clara Liang Director | Aug 20, 2026 | Award | +438 | $28.56 | $12.51K | 10,397 |
| Zeev Ventures Vii, L.P. Director, 10% owner | Aug 20, 2026 | Award | +394 | $28.56 | $11.25K | 67,617 |
| Benjamin A. Horowitz Director, 10% owner | Aug 20, 2026 | Award | +657 | $28.56 | $18.76K | 11,628 |
| Anre D. Williams Director | Aug 20, 2026 | Award | +412 | $28.56 | $11.77K | 226,029 |
| Lightspeed General Partner Opportunity Fund, L.P. 10% owner | Jul 8, 2026 | Sale | −8,983 | $25.36 | $227.81K | 0 |
| Lightspeed Management Company, L.L.C. 10% owner | Jul 8, 2026 | Sale | −8,983 | $25.36 | $227.81K | 0 |
| Zeev Ventures Vi, L.P. 10% owner | Jul 7, 2026 | Other | −452,949 | – | – | 3,623,595 |
| Zeev Ventures Vi, L.P. 10% owner | Jul 7, 2026 | Other | −1,576,676 | – | – | 12,613,415 |
| Zeev Ventures Vi, L.P. 10% owner | Jul 7, 2026 | Other | +567,965 | – | – | 1,135,930 |
| Zeev Ventures Vi, L.P. 10% owner | Jul 7, 2026 | Other | −1,082,303 | – | – | 9,740,729 |
| Lightspeed General Partner Opportunity Fund, L.P. 10% owner | Jul 7, 2026 | Other | −670,005 | – | – | 0 |
| Lightspeed General Partner Opportunity Fund, L.P. 10% owner | Jul 7, 2026 | Other | +8,983 | – | – | 8,983 |
| Lightspeed General Partner Opportunity Fund, L.P. 10% owner | Jul 7, 2026 | Other | −401,655 | – | – | 0 |
| Lightspeed General Partner Opportunity Fund, L.P. 10% owner | Jul 7, 2026 | Other | +401,655 | – | – | 401,655 |
| Lightspeed General Partner Opportunity Fund, L.P. 10% owner | Jul 7, 2026 | Other | +670,005 | – | – | 670,005 |
| Lightspeed General Partner Opportunity Fund, L.P. 10% owner | Jul 7, 2026 | Other | −1,894,598 | – | – | 10,736,057 |
| Lightspeed General Partner Opportunity Fund, L.P. 10% owner | Jul 7, 2026 | Other | −192,885 | – | – | 0 |
| Lightspeed General Partner Opportunity Fund, L.P. 10% owner | Jul 7, 2026 | Other | −2,979,102 | – | – | 16,881,575 |
| Lightspeed Management Company, L.L.C. 10% owner | Jul 7, 2026 | Other | +401,655 | – | – | 401,655 |
| Lightspeed Management Company, L.L.C. 10% owner | Jul 7, 2026 | Other | −401,655 | – | – | 0 |
| Lightspeed Management Company, L.L.C. 10% owner | Jul 7, 2026 | Other | +8,983 | – | – | 8,983 |
| Lightspeed Management Company, L.L.C. 10% owner | Jul 7, 2026 | Other | −192,885 | – | – | 0 |
| Lightspeed Management Company, L.L.C. 10% owner | Jul 7, 2026 | Other | −670,005 | – | – | 0 |
| Lightspeed Management Company, L.L.C. 10% owner | Jul 7, 2026 | Other | +670,005 | – | – | 670,005 |
| Lightspeed Management Company, L.L.C. 10% owner | Jul 7, 2026 | Other | −1,894,598 | – | – | 10,736,057 |
| Lightspeed Management Company, L.L.C. 10% owner | Jul 7, 2026 | Other | −2,979,102 | – | – | 16,881,575 |
| Lightspeed General Partner Select III, L.P. 10% owner | Jul 1, 2026 | Sale | −10,569 | $24.65 | $260.53K | 0 |
| Lightspeed Venture Partners X, L.P. 10% owner | Jul 1, 2026 | Sale | −10,569 | $24.65 | $260.53K | 0 |
| Zeev Ventures Vi, L.P. 10% owner | Jun 26, 2026 | Other | −452,949 | – | – | 4,076,544 |
| Zeev Ventures Vi, L.P. 10% owner | Jun 26, 2026 | Other | −1,576,676 | – | – | 14,190,091 |
| Zeev Ventures Vi, L.P. 10% owner | Jun 26, 2026 | Other | +567,965 | – | – | 567,965 |
| Shai Weiss Director | Jun 25, 2026 | Award | +4,150 | – | – | 37,312 |
| Zeev Ventures Vi, L.P. 10% owner | Jun 25, 2026 | Award | +9,959 | – | – | 67,223 |
| Arif Janmohamed Director | Jun 25, 2026 | Award | −9,959 | – | – | 9,959 |
| Anre D. Williams Director | Jun 25, 2026 | Award | +9,959 | – | – | 225,617 |
| Benjamin A. Horowitz Director, 10% owner | Jun 25, 2026 | Award | +9,959 | – | – | 10,971 |
| Clara Liang Director | Jun 25, 2026 | Award | +9,959 | – | – | 9,959 |
| Michael R. Kourey Director | Jun 25, 2026 | Award | +9,959 | – | – | 253,253 |
| Sandesh Kaveripatnam Director | Jun 25, 2026 | Award | +9,959 | – | – | 45,811 |
| Michael Eric Sindicich President | Jun 22, 2026 | Sale | −2,176 | $21.06 | $45.83K | 548,318 |
| Ilan Ezra Twig Chief Technology Officer, Director | Jun 22, 2026 | Sale | −24,726 | $21.06 | $520.73K | 805,860 |
| Ariel M. Cohen Chairperson and CEO, Director | Jun 22, 2026 | Sale | −41,530 | $21.06 | $874.62K | 1,254,731 |
| Lightspeed General Partner Select III, L.P. 10% owner | Jun 17, 2026 | Sale | −47,984 | $18.71 | $897.78K | 2,310,328 |
| Lightspeed General Partner Select III, L.P. 10% owner | Jun 17, 2026 | Sale | −29,339 | $19.64 | $576.22K | 2,280,989 |
| Strategic Partners Ultimate General Partner I. L.L.C. Lightspeed 10% owner | Jun 17, 2026 | Sale | −47,984 | $18.71 | $897.78K | 2,310,328 |
| Strategic Partners Ultimate General Partner I. L.L.C. Lightspeed 10% owner | Jun 17, 2026 | Sale | −29,339 | $19.64 | $576.22K | 2,280,989 |
| Arif Janmohamed Director | Jun 17, 2026 | Sale | −47,984 | $18.71 | $897.78K | 2,310,328 |
| Arif Janmohamed Director | Jun 17, 2026 | Sale | −29,339 | $19.64 | $576.22K | 2,280,989 |
| Lightspeed General Partner Select III, L.P. 10% owner | Jun 16, 2026 | Sale | −398,546 | $19.13 | $7.62M | 2,358,312 |
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 |
|---|---|---|---|---|---|
| M. Cohen Ariel Officer, Director | Sep 21, 2026 | 50,647 | $1.08M | Sep 21, 2026 | Restricted Stock Units |
| Twig Ilan Officer, Director | Sep 21, 2026 | 36,040 | $769.81K | Sep 21, 2026 | Restricted Stock Units |
| E. Sindicich Michael Officer | Sep 21, 2026 | 8,977 | $191.75K | Sep 21, 2026 | Restricted Stock Units |
| Shai Cohen Gst Trust The Director, Officer | Aug 27, 2026 | 75,000 | $2.20M | Aug 27, 2026 | Founders Shares |
| Cohen Ariel Director, Officer | Aug 27, 2026 | 168,378 | $4.94M | Aug 27, 2026 | Restricted Stock Units |
| Sivan Cohen Gst Trust The Director, Officer | Aug 27, 2026 | 75,000 | $2.20M | Aug 27, 2026 | Founders Shares |
| Lihi Cohen Gst Trust The Director, Officer | Aug 27, 2026 | 75,000 | $2.20M | Aug 27, 2026 | Founders Shares |
| Zeev Children's Trust 2008 Affiliate | Jul 13, 2026 | 400,000 | $10.37M | Jul 13, 2026 | Private Transaction |
| Lightspeed Management Company, L.L.C. Affiliate | Jul 8, 2026 | 8,983 | $227.27K | Jul 8, 2026 | Private Placement |
| Lightspeed Management Company, LLC Affiliate | Jul 1, 2026 | 10,569 | $260.42K | Jul 1, 2026 | Private Placement |
| M. Cohen Ariel Officer | Jun 22, 2026 | 41,530 | $909.92K | Jun 22, 2026 | Restricted Stock Units |
| Twig Ilan Officer | Jun 22, 2026 | 24,726 | $541.75K | Jun 22, 2026 | Restricted Stock Units |
| E. Sindicich Michael Officer | Jun 22, 2026 | 2,176 | $47.68K | Jun 22, 2026 | Restricted Stock Units |
| Lightspeed Opportunity Fund, LP Affiliate | Jun 12, 2026 | 2,500,000 | $50.00M | Jun 12, 2026 | Private Placement |
| Sindicich Michael Officer | May 28, 2026 | 51,169 | $1.01M | May 28, 2026 | Previously Exercised Stock Options |