NextNav Target of Unusually High Options Trading (NASDAQ:NN)

14 Aug 2026, 21:40 by Renee Jackson · The Cerbat Gem

NextNav Inc. (NASDAQ:NN – Get Free Report) saw unusually large options trading on Friday. Stock traders bought 87,659 call options on the stock. This is an increase of approximately 331% compared to the average volume of 20,345 call options.

NextNav Stock Up 2.0%

NASDAQ:NN traded up $0.39 during midday trading on Friday, reaching $19.90. The stock had a trading volume of 2,246,159 shares, compared to its average volume of 3,420,454. The stock has a market cap of $3.36 billion, a P/E ratio of -20.52 and a beta of 1.10. The firm has a fifty day simple moving average of $16.46 and a two-hundred day simple moving average of $17.45. NextNav has a 12-month low of $10.87 and a 12-month high of $24.42.

NextNav (NASDAQ:NN – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.08). NextNav had a negative return on equity of 211.25% and a negative net margin of 3,232.19%.The firm had revenue of $1.15 million for the quarter, compared to analysts’ expectations of $0.92 million. On average, sell-side analysts anticipate that NextNav will post -0.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Oppenheimer increased their price target on shares of NextNav from $25.00 to $50.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. UBS Group set a $25.00 price objective on shares of NextNav in a research note on Thursday, April 16th. Wall Street Zen raised shares of NextNav from a “strong sell” rating to a “hold” rating in a report on Saturday, May 16th. Zacks Research upgraded shares of NextNav from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of NextNav in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $32.33.

Check Out Our Latest Research Report on NextNav

Insiders Place Their Bets

In other news, General Counsel James S. Black sold 1,878 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $22.96, for a total value of $43,118.88. Following the completion of the sale, the general counsel directly owned 91,688 shares of the company’s stock, valued at approximately $2,105,156.48. This represents a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Mariam Sorond sold 69,853 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $19.92, for a total transaction of $1,391,471.76. Following the transaction, the chief executive officer owned 1,244,495 shares in the company, valued at approximately $24,790,340.40. This trade represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 76,567 shares of company stock valued at $1,522,252 over the last quarter. Company insiders own 7.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in NN. Van ECK Associates Corp boosted its holdings in NextNav by 79.5% in the 4th quarter. Van ECK Associates Corp now owns 1,379,524 shares of the company’s stock valued at $22,955,000 after purchasing an additional 611,179 shares in the last quarter. Susquehanna Advisors Group Inc. raised its stake in shares of NextNav by 12.1% during the 3rd quarter. Susquehanna Advisors Group Inc. now owns 5,407,345 shares of the company’s stock worth $77,325,000 after buying an additional 584,804 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of NextNav by 9.0% during the 4th quarter. Vanguard Group Inc. now owns 6,932,757 shares of the company’s stock worth $115,361,000 after buying an additional 573,214 shares in the last quarter. Philosophy Capital Management LLC acquired a new stake in shares of NextNav in the 3rd quarter valued at approximately $7,791,000. Finally, UBS Group AG lifted its holdings in shares of NextNav by 35.0% in the 4th quarter. UBS Group AG now owns 1,991,825 shares of the company’s stock valued at $33,144,000 after buying an additional 516,045 shares during the period. 79.16% of the stock is owned by hedge funds and other institutional investors.

About NextNav

(Get Free Report)

NextNav, Inc is a provider of advanced 3D geolocation infrastructure and positioning services in the United States. The company operates a nationwide network designed to deliver real-time horizontal and vertical location data for consumer, enterprise and public safety applications. By leveraging spectrum holdings in the 900 MHz band, NextNav’s network offers precise altitude and position information that complements GPS and other satellite systems, particularly in urban canyons, indoors or underground environments where traditional signals struggle.