Navient Corp’s recent filing unveils that its EVP & Chief Admin Officer HAUBER STEPHEN M unloaded Company’s shares for reported $0.15 million on Nov 06 ’24. In the deal valued at $15.00 per share,10,000 shares were sold. As a result of this transaction, HAUBER STEPHEN M now holds 256,883 shares worth roughly $3.79 million.
Then, HAUBER STEPHEN M bought 10,000 shares, generating $150,000 in total proceeds.
Before that, HELEEN MARK L sold 10,000 shares. Navient Corp shares valued at $160,000 were divested by the EVP, CLO & Secretary at a price of $16.00 per share. As a result of the transaction, HELEEN MARK L now holds 393,611 shares, worth roughly $5.81 million.
Seaport Research Partners upgraded its Navient Corp [NAVI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in late September with a ‘”a Neutral”‘ rating. JP Morgan also remained covering NAVI and has increased its forecast on April 03, 2024 with a “Neutral” recommendation from previously “an Underweight” rating. Deutsche Bank started covering the stock on January 10, 2024. It rated NAVI as “a Hold”.
Price Performance Review of NAVI
On Tuesday, Navient Corp [NASDAQ:NAVI] saw its stock jump 0.61% to $14.75. Over the last five days, the stock has gained 3.44%. Navient Corp shares have risen nearly 10.99% since the year began. Nevertheless, the stocks have fallen -17.32% over the past one year. While a 52-week high of $18.36 was reached on 01/27/25, a 52-week low of $12.73 was recorded on 01/13/25. SMA at 50 days reached $14.35, while 200 days put it at $15.07.
Levels Of Support And Resistance For NAVI Stock
The 24-hour chart illustrates a support level at 14.53, which if violated will result in even more drops to 14.32. On the upside, there is a resistance level at 14.87. A further resistance level may holdings at 15.00. The Relative Strength Index (RSI) on the 14-day chart is 64.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.35%. Stochastics %K at 93.59% indicates the stock is a selling.
How much short interest is there in Navient Corp?
A steep rise in short interest was recorded in Navient Corp stocks on 2025-01-15, dropping by -0.83 million shares to a total of 8.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 9.29 million shares. There was a decline of -9.83%, which implies that there is a negative sentiment for the stock.
