No insider purchase over the last 90 days. The latest was filed 24 Nov 2025.
Every trade that managers of Nextnav Inc. disclose to SEC (Form 4) is tracked on this page. The company sits in the Technology sector. 15 insiders have disclosed 44 filings since 18 October 2025.
Purchases and sales both appear in the filings: 1 purchase (1 insider, €601k) and 22 sales (6 insiders, €8.7M). The totals exclude 2 filings filed without an amount. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. The largest single trade was a sale of €5.8M by Samberg Joseph d, published on 17 November 2025.
With 44 filings in twelve months, the company is more active than the median of 22 filings across the 5,458 companies we follow on the same exchange. Looking back to 2021, when coverage begins, insiders filed 17 purchases and 92 sales. The 10-K for the year ended 31 December 2025 shows 4.6 m USD of revenue and -189.3 m USD of net income.
The last purchase on record was published on 24 November 2025, which is 328 days ago. The median gap between a trade and its publication by SEC (Form 4) is 2 days. US insiders must file a Form 4 within two business days of a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives.
Other companies in the same sector with recent insider buying flagged by our signals: Gitlab Inc. and Baozun Inc. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
+3 other insiders
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate Nextnav Inc. Strong Buy (bullish), based on 3 analysts. Average price target: US$33.67.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
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NextNav Inc. is a U.S.-based technology company listed on the Nasdaq (United States) that specializes in next-generation Positioning, Navigation and Timing (PNT) and 3D geolocation solutions. The company is headquartered in Reston, Virginia, placing it in a major technology corridor in the eastern United States. Its core value proposition is to provide a terrestrial complement to GPS, especially for indoor environments, dense urban areas, and other settings where satellite signals are weak, degraded, jammed, or vulnerable to spoofing. ([ir.nextnav.com](https://ir.nextnav.com/overview/default.aspx?utm_source=openai))
NextNav’s current corporate identity emerged from a 2021 business combination, after which the company adopted the NextNav Inc. name and continued as a public platform focused on terrestrial localization and resilient PNT architectures. The business is best understood as an intellectual-property and systems-engineering platform rather than a hardware manufacturing company. That matters for investors because the company’s economics are tied to software, network integration, standards, and regulatory adoption more than to traditional volume-driven device sales. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1865631/000121390021056147/fs12021_nextnav.htm?utm_source=openai))
Its principal business lines include 3D PNT technology, terrestrial positioning services, and 5G-related localization capabilities. NextNav has emphasized that its NextGen PNT solution can operate on standard 5G network equipment, which potentially improves scalability and lowers deployment friction if commercial adoption accelerates. The company also highlights partnerships that support its ecosystem strategy, including an expanded collaboration with Japan’s MetCom and a successful integration with Oscilloquartz for critical infrastructure timing applications. ([nextnav.com](https://nextnav.com/nextnav-announces-major-milestone-towards-commercialization-of-5g-prs-based-3d-pnt-solution/?utm_source=openai))
From a competitive standpoint, NextNav is a niche player rather than a mass-market telecom vendor. Its competitive edge lies in its focus on resilient terrestrial positioning for national security, critical infrastructure, and advanced location-based applications. It competes indirectly against incumbent satellite navigation systems, but its strategic aim is to augment GPS rather than replace it. A key part of the investment thesis is regulatory: the company has publicly pushed for a reconfiguration of the Lower 900 MHz band in the United States to enable terrestrial PNT services, which underscores the policy-heavy nature of the opportunity. ([nextnav.com](https://nextnav.com/about/?utm_source=openai))
Recent developments have been material. In March 2025, NextNav announced a $190 million financing through senior secured convertible notes, signaling continued capital support for its roadmap. In October 2025, management said the company had reached a major milestone toward commercialization of a 5G-based NextGen PNT solution. In 2026, NextNav also expanded its board with the appointment of Lisa Hook, a seasoned technology and national security executive. For investors in French-speaking markets, NextNav remains a high-risk, high-upside technology story on Nasdaq, with its medium-term trajectory likely driven by partnerships, regulation, and execution on commercial deployment. ([nextnav.com](https://nextnav.com/announcement-a-private-offering-of-190-million-in-new-convertible-notes/?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 4.6 m USD | -189.3 m USD | -1.42 USD | 10-K |
| Dec 2024 | 5.7 m USD | -101.9 m USD | -0.84 USD | 10-K |
| Dec 2023 | 3.9 m USD | -71.7 m USD | -0.66 USD | 10-K |
| Dec 2022 | 3.9 m USD | -40.1 m USD | -0.40 USD | 10-K |
| Dec 2021 | 763,000 USD | -144.7 m USD | -6.73 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.