NextNav Inc. ( NASDAQ:NN – Get Free Report ) CFO Timothy Gray sold 11,099 shares of NextNav stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $14.64, for a total transaction of $162,489.36. Following the transaction, the chief financial officer directly owned 120,687 shares in the company, valued at $1,766,857.68. This trade represents a 8.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NextNav Stock Down 0.5% Shares of NextNav stock traded down $0.07 during mid-day trading on Friday, hitting $14.38. The stock had a trading volume of 2,546,090 shares, compared to its average volume of 2,292,414. The firm has a 50-day moving average of $15.32 and a two-hundred day moving average of $17.40. NextNav Inc. has a 12-month low of $10.87 and a 12-month high of $24.42. The firm has a market cap of $2.43 billion, a P/E ratio of -14.82 and a beta of 1.12.
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