In a report released today, Timothy Horan from Oppenheimer maintained a Hold rating on NextNav (NN – Research Report). The company’s shares closed yesterday at $8.38.
According to TipRanks, Horan is a 5-star analyst with an average return of 8.2% and a 58.79% success rate. Horan covers the Technology sector, focusing on stocks such as NICE, Cloudflare, and Fastly.
The word on The Street in general, suggests a Hold analyst consensus rating for NextNav.
NN market cap is currently $943.2M and has a P/E ratio of -12.58.
Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
NextNav (NN) Company Description:
Spartacus Acquisition Corp is a blank check company.
Read More on NN:
- NextNav to Participate in Upcoming Investor Conferences
- NextNav Announces Sanyogita Shamsunder as Chief Operating Officer
- NextNav Inc. Bolsters Leadership with Shamsunder’s Appointment
- NextNav Announces Date for First Quarter 2024 Earnings Call
- Nextnav Inc call volume above normal and directionally bullish
