Navient Corp’s filing revealed 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 $2.76 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 $4.24 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 fall -2.54% to $10.76. Over the last five days, the stock has lost -14.74%. Navient Corp shares have fallen nearly -19.04% since the year began. Nevertheless, the stocks have fallen -36.82% over the past one year. While a 52-week high of $17.28 was reached on 01/27/25, a 52-week low of $10.53 was recorded on 04/07/25. SMA at 50 days reached $13.42, while 200 days put it at $14.59.
Levels Of Support And Resistance For NAVI Stock
The 24-hour chart illustrates a support level at 10.45, which if violated will result in even more drops to 10.15. On the upside, there is a resistance level at 11.28. A further resistance level may holdings at 11.81. The Relative Strength Index (RSI) on the 14-day chart is 22.70, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.88%. Stochastics %K at 9.78% indicates the stock is a buying.
How much short interest is there in Navient Corp?
A steep rise in short interest was recorded in Navient Corp stocks on 2025-03-14, growing by 0.35 million shares to a total of 7.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.59 million shares. There was a rise of 4.43%, which implies that there is a positive sentiment for the stock.
