NextNav (NN) Set to Announce Earnings on Wednesday

NextNav (NASDAQ:NN) is scheduled to release its earnings data after the market closes on Wednesday, November 13th. Analysts expect NextNav to post earnings of ($0.15) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

NextNav Price Performance

Shares of NextNav stock opened at $15.05 on Tuesday. NextNav has a 1-year low of $3.55 and a 1-year high of $15.25. The firm has a fifty day simple moving average of $8.84 and a 200-day simple moving average of $8.24. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of -17.71 and a beta of 0.94. The company has a current ratio of 5.93, a quick ratio of 5.93 and a debt-to-equity ratio of 0.80.

Insider Buying and Selling at NextNav

In related news, Director Neil S. Subin purchased 125,000 shares of NextNav stock in a transaction that occurred on Monday, August 26th. The shares were acquired at an average price of $6.93 per share, for a total transaction of $866,250.00. Following the transaction, the director now directly owns 2,490,213 shares in the company, valued at approximately $17,257,176.09. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In other NextNav news, Director Neil S. Subin bought 125,000 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was acquired at an average cost of $6.93 per share, with a total value of $866,250.00. Following the purchase, the director now owns 2,490,213 shares in the company, valued at $17,257,176.09. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Neil S. Subin purchased 100,000 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were acquired at an average cost of $6.92 per share, with a total value of $692,000.00. Following the completion of the purchase, the director now directly owns 2,365,213 shares in the company, valued at approximately $16,367,273.96. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 15.70% of the company’s stock.

About NextNav

NextNav Inc provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service.