Navient Corp (NASDAQ: NAVI) is -17.72% lower on its value in year-to-date trading and has touched a low of $13.71 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 $15.25 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $15.32, the stock is 2.14% and 0.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing 0.46% at the moment leaves the stock -1.48% off its SMA200. NAVI registered -9.51% loss for a year compared to 6-month gain of 1.32%. The firm has a 50-day simple moving average (SMA 50) of $15.2808 and a 200-day simple moving average (SMA200) of $15.549675.
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The stock witnessed a 1.19% loss in the last 1 month and extending the period to 3 months gives it a -6.53%, and is 3.65% up 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 2.47% over the week and 3.15% over the month.
Navient Corp (NAVI) has around 4500 employees, a market worth around $1.65B and $4.56B in sales. Current P/E ratio is 21.99 and Fwd P/E is 10.34. Profit margin for the company is 1.73%. Distance from 52-week low is 11.74% and -22.15% from its 52-week high. The company has generated returns on investments over the last 12 months (0.17%).
The EPS is expected to grow by 1.13% this year
339.0 institutions hold shares in Navient Corp (NAVI), with institutional investors hold 106.00% of the company’s shares. The shares outstanding are 113.50M, and float is at 104.82M with Short Float at 8.13%. Institutions hold 103.46% 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 HAUBER STEPHEN M, the company’s EVP & Chief Admin Officer. SEC filings show that HAUBER STEPHEN M sold 10,000 shares of the company’s common stock on Nov 06 ’24 at a price of $15.00 per share for a total of $0.15 million. Following the sale, the insider now owns 0.26 million shares.
Still, SEC filings show that on May 03 ’24, HELEEN MARK L (EVP, CLO & Secretary) disposed off 10,000 shares at an average price of $16.00 for $0.16 million. The insider now directly holds 393,611 shares of Navient Corp (NAVI).