Navient is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. Navient helps clients and millions of Americans achieve success through technology-enabled financing, services, and support.
Company profile
Ticker
NAVI, JSM
Exchange
Website
CEO
John Remondi
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
New Corp
SEC CIK
Corporate docs
Subsidiaries
Navient Solutions, LLC • Navient Credit Finance Corporation • Navient Credit Funding, LLC • Navient Funding, LLC • Riverfront Insurance, LLC ...
NAVI stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
2022 Fourth Quarter Investor Presentation
27 Feb 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
Navient posts fourth quarter 2022 financial results
24 Jan 23
8-K
Regulation FD Disclosure
27 Oct 22
10-Q
2022 Q3
Quarterly report
26 Oct 22
8-K
Navient posts third quarter 2022 financial results
25 Oct 22
UPLOAD
Letter from SEC
6 Oct 22
CORRESP
Correspondence with SEC
22 Sep 22
8-K
Regulation FD Disclosure
13 Sep 22
8-K
Regulation FD Disclosure
28 Jul 22
Transcripts
NAVI
Earnings call transcript
2022 Q4
25 Jan 23
NAVI
Earnings call transcript
2022 Q3
26 Oct 22
NAVI
Earnings call transcript
2022 Q2
27 Jul 22
NAVI
Earnings call transcript
2022 Q1
27 Apr 22
NAVI
Earnings call transcript
2021 Q4
26 Jan 22
NAVI
Earnings call transcript
2021 Q3
27 Oct 21
NAVI
Earnings call transcript
2021 Q2
28 Jul 21
NAVI
Earnings call transcript
2021 Q1
28 Apr 21
NAVI
Earnings call transcript
2020 Q4
27 Jan 21
NAVI
Earnings call transcript
2020 Q3
21 Oct 20
Latest ownership filings
Financial summary
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q4 2022
73.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 261 |
| Opened positions | 30 |
| Closed positions | 28 |
| Increased positions | 59 |
| Reduced positions | 132 |
| 13F shares | Current |
|---|---|
| Total value | 1.92 tn |
| Total shares | 159.42 mm |
| Total puts | 3.01 mm |
| Total calls | 209.90 k |
| Total put/call ratio | 14.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Sherborne Investors Management | 29.45 mm | $484.45 bn |
| Sherborne Investors | 29.45 mm | $490.05 mm |
| BLK Blackrock | 14.20 mm | $233.51 bn |
| Cantor Fitzgerald Europe | 12.61 mm | $267.66 mm |
| Vanguard | 11.58 mm | $190.51 bn |
| Dimensional Fund Advisors | 11.44 mm | $188.60 bn |
| LSV Asset Management | 6.64 mm | $109.43 bn |
| STT State Street | 4.21 mm | $69.24 bn |
| FMR | 2.82 mm | $46.41 bn |
| Jacobs Levy Equity Management | 2.24 mm | $36.88 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 28 Feb 23 | John M Kane | Common Stock | Payment of exercise | Dispose F | No | No | 18.05 | 22,573 | 407.44 k | 635,219.267 |
| 28 Feb 23 | Stephen M Hauber | Common Stock | Payment of exercise | Dispose F | No | No | 18.05 | 10,785 | 194.67 k | 235,302.419 |
| 28 Feb 23 | Mark L Heleen | Common Stock | Payment of exercise | Dispose F | No | No | 18.05 | 16,177 | 291.99 k | 421,352.076 |
| 28 Feb 23 | John F Remondi | Common Stock | Payment of exercise | Dispose F | No | No | 18.05 | 130,849 | 2.36 mm | 3,439,488.028 |
| 6 Feb 23 | Arnold Frederick | Common Stock | Grant | Acquire A | No | No | 18.92 | 7,399 | 139.99 k | 61,484 |
News
'Big Short' Investor Michael Burry Thinks Biden's Student Loan Forgiveness Will Mean 'Terrible Consequences For America'
28 Feb 23
Supreme Court Student Loan Forgiveness Case Starts This Week: What Investors And Students Should Know
27 Feb 23
Navient: Dividend Insights
27 Feb 23
What 4 Analyst Ratings Have To Say About Navient
1 Feb 23
Citigroup Maintains Neutral on Navient, Raises Price Target to $19
1 Feb 23
Press releases
Navient declares first quarter common stock dividend
23 Feb 23
Navient names David Green as executive vice president
21 Feb 23
Navient CEO to present at Credit Suisse Financial Services Forum on Feb. 15
3 Feb 23
Earnest Appoints New Chief People and Chief Technology Officers
26 Jan 23
Navient posts fourth quarter 2022 financial results
24 Jan 23