Navient Corp (NASDAQ: NAVI) is -18.42% lower on its value in year-to-date trading and has touched a low of $13.95 and a high of $19.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NAVI stock was last observed hovering at around $15.14 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $15.19, the stock is -1.78% and -2.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.04 million and changing 0.33% at the moment leaves the stock -3.50% off its SMA200. NAVI registered -4.47% loss for a year compared to 6-month loss of -1.49%. The firm has a 50-day simple moving average (SMA 50) of $15.62 and a 200-day simple moving average (SMA200) of $15.740975.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -0.20% gain in the last 1 month and extending the period to 3 months gives it a -3.80%, and is -0.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.37% over the week and 2.48% over the month.
Navient Corp (NAVI) has around 4500 employees, a market worth around $1.66B and $4.84B in sales. Current P/E ratio is 11.10 and Fwd P/E is 9.57. Profit margin for the company is 3.31%. Distance from 52-week low is 8.85% and -22.82% from its 52-week high. The company has generated returns on investments over the last 12 months (0.32%).
The EPS is expected to shrink by -19.08% this year
337.0 institutions hold shares in Navient Corp (NAVI), with institutional investors hold 105.86% of the company’s shares. The shares outstanding are 113.50M, and float is at 107.07M with Short Float at 7.30%. Institutions hold 103.37% of the Float.
The top institutional shareholder in the company is SHERBORNE INVESTORS MANAGEMENT LP with over 29.45 million shares valued at $428.79 million. The investor’s holdings represent 26.0619 of the NAVI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.94 million shares valued at $202.98 million to account for 12.3368 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.73 million shares representing 8.6089 and valued at over $141.64 million, while DIMENSIONAL FUND ADVISORS LP holds 8.1993 of the shares totaling 9.27 million with a market value of $134.9 million.
Navient Corp (NAVI) Insider Activity
The most recent transaction is an insider sale by HELEEN MARK L, the company’s EVP, CLO & Secretary. SEC filings show that HELEEN MARK L sold 10,000 shares of the company’s common stock on May 03 ’24 at a price of $16.00 per share for a total of $0.16 million. Following the sale, the insider now owns 0.39 million shares.
Navient Corp disclosed in a document filed with the SEC on Jan 31 ’24 that HELEEN MARK L (EVP, CLO & Secretary) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Jan 31 ’24 and was made at $17.20 per share for $0.17 million. Following the transaction, the insider now directly holds 0.39 million shares of the NAVI stock.
Still, SEC filings show that on Dec 14 ’23, KANE JOHN M (EVP & Group President) disposed off 150,132 shares at an average price of $19.02 for $2.86 million. The insider now directly holds 490,778 shares of Navient Corp (NAVI).
