Insider Sale: EVP & Chief Administrative Officer Stephen Hauber Sells 10,000 Shares of Navient Corp (NAVI)

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Nov 08, 2024
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On November 6, 2024, Stephen Hauber, Executive Vice President & Chief Administrative Officer of Navient Corp (NAVI, Financial), sold 10,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 256,883.251 shares of Navient Corp.

Navient Corp specializes in loan management, servicing, and asset recovery. The company focuses on education lending sectors, providing services to students and educational institutions.

Over the past year, Stephen Hauber has engaged in multiple transactions involving Navient Corp shares, selling a total of 10,000 shares and purchasing none. This recent sale aligns with a broader trend observed within the company, where there have been four insider sells and no insider buys over the past year.

Shares of Navient Corp were priced at $15 on the day of the sale, positioning the company with a market cap of approximately $1.637 billion. The price-earnings ratio of Navient Corp stands at 22.10, which is above both the industry median of 15.875 and the historical median for the company.

The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 1.41, based on a GF Value of $10.64. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation adjustments. The transaction details and the company's valuation metrics provide critical data points for market watchers and investors alike.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.