Andreessen Horowitz LSV Fund III, L.P.

Andreessen Horowitz LSV Fund III bought 46,337 shares of NAVN at $18.11 on 2026-01-07; fund holds 8,346,792 shares post-transaction

Andreessen Horowitz LSV Fund III, a 10% owner, purchased 46,337 shares at $18.11 on 2026-01-07 for $839,163.07, increasing holdings to 8,346,792 shares. The transaction occurred within a cluster pattern—3 other insiders also bought within the past 14 days at NAAM. However, the current price of $17.28 sits 14.8% below the 52-week high of $20.28, suggesting the purchase was made after recent weakness. The company is unprofitable, reporting a net loss of $-225,389,000.00 against revenue of $194,934,000.00, which creates meaningful operational context. The insider's cross-ticker track record shows 9 prior sells with an average 90-day well-timed rate of 0.00%, indicating historically poor exit timing, though this metric does not yet apply to the current NAVN transaction and prior NAVN buys remain unmeasurable.

Andreessen Horowitz LSV Fund III purchased 976,975 shares totaling $15.9M across 3 transactions Jan 2–6

Andreessen Horowitz LSV Fund III, a 10% owner of Navan, executed 3 separate purchases totaling 976,975 shares for $15,938,867.11 at a blended average price of $16.31 between January 2 and January 6, 2026, increasing its stake by +13.3% from 7,323,480 to 8,300,455 shares. The timing of this accumulation coincides with a cluster pattern: 3 other insiders also bought within the past 14 days. The stock currently trades at $17.00, up 21.5% over the past 30 days and 16.2% below its 52-week high, placing this purchase window in the lower portion of recent price action. Navan is unprofitable on a GAAP basis (net income of $-225,389,000.00 against revenue of $194,934,000.00) with a market cap of $778,308,807.00, indicating the fund is deploying capital despite deteriorating unit economics.

Andreessen Horowitz LSV Fund III bought 1,056,534 shares in NAVN for $16,723,633.14 in 5 transactions Dec 22-29, raising stake to 7,323,480 shares (+16.9%)

A 10% owner executed five separate open-market purchases totaling 1,056,534 shares (1.06M shares) for $16,723,633.14 ($16.7M) at a blended average price of $15.83 between December 22 and December 29, 2025, expanding holdings by +16.9% to 7,323,480 shares post-transaction. The purchases occurred while the stock trades 18.6% below its 52-week high of $20.28 and near recent price levels (current $16.50 vs blended transaction price $15.83), marking a period of material share accumulation by a major investor. The company carries a net income loss of $225.4M on revenue of $194.9M (latest quarter), and a separate cluster pattern shows 4 other insiders also bought within the past 14 days, suggesting coordinated or coincident conviction among the shareholder base. The insider's cross-ticker track record shows limited prior buy activity (3 prior buys) and a 90-day well-timed rate of 17.65% on sells, while prior NAVN-specific trades (Dec 17–19) have not yet accrued measurable 90-day outcomes.

Andreessen Horowitz LSV Fund III purchased 692,395 shares in NAVN across 3 trades for $9.4M; 4 other insiders also bought in past 14 days.

Andreessen Horowitz LSV Fund III, a 10% owner, executed 3 separate purchases totaling 692,395 shares for $9,352,310.10 (blended average $13.51) between December 17–19, 2025, increasing holdings by +12.4% to 6,266,946 shares. The cluster pattern is significant: 4 other insiders bought within the same 14-day window, indicating broad internal alignment on value at current levels. Context matters: the company is unprofitable with net income of $-225,389,000.00 in the latest quarter against revenue of $194,934,000.00, and the stock trades 25.5% below its 52-week high of $20.28 despite a +7.0% move in the past 30 days. The accumulation by a major investor and concurrent insider buying aligns with a discounted price environment, but the loss position and market-cap-to-revenue ratio warrant careful assessment of whether purchases reflect opportunity or desperation.

Andreessen Horowitz LSV Fund III exits IOT entirely: 9 sales totaling 793,331 shares for $30,582,002.88 on 2025-09-09, elimination of 10% stake.

Andreessen Horowitz LSV Fund III has liquidated its entire 793.3K share position in Samsara Inc. across 9 separate sales on 2025-09-09 at blended average price $38.55, eliminating the fund's 10% ownership stake for $30.6M total proceeds. The fund's prior five trades at IOT (all June 2025 sales) produced uniformly negative 30-day returns (-5.9% to -8.4%) and no well-timed 90-day exits; this complete exit follows that pattern of declining valuations and suggests the investor no longer holds conviction in the position. Samsara trades 36.4% below its 52-week high while posting unprofitable full-year results (net income of -$16.8M on $391.5M annual revenue), though the company has achieved +33.3% year-over-year revenue growth.

Andreessen Horowitz LSV Fund III sells entire 399,026 share stake in IOT for $16,491,120.00 via 10 transactions at blended $41.33

Andreessen Horowitz LSV Fund III, a 10% owner, executed 10 separate sales on 2025-06-10 totaling 399,026 shares for $16,491,120.00 at prices ranging from $40.05 to $41.65, with a blended average of $41.33. The filing contains a conversion of derivative securities, meaning the insider's real position lives in Form 4 Table II; the zero post-transaction shares reported in Table I do not necessarily represent a complete exit from all derivative holdings. At the same-ticker level, four of the fund's five prior sales at IOT (executed on 2025-03-10 and 2024-12-10) have logged retrospective performance, with three showing strong subsequent appreciation (+15.8% and +14.0% over 30 days; +32.4% and +30.3% over 90 days), indicating mixed timing outcomes for this investor at this ticker. Samsara is currently trading at $42.34, only 1.5% above the blended execution price, and the stock has declined 6.4% over the past 30 days despite a +14.0% gain over 90 days. The company reported latest-quarter revenue of $366,884,000.00 with annual growth of +33.3%, but remains unprofitable with full-year net income of $-22,121,000.00.

Andreessen Horowitz LSV Fund III sells 292.9K shares for $10.0M at $34.19 avg; exits IOT position entirely via derivative conversion.

Andreessen Horowitz LSV Fund III executed 4 separate sales on 2025-03-10 totaling 292,931 shares for $10,014,473.78, achieving a blended average price of $34.19 and reducing its stake to 0 shares post-transaction. The filing flags a derivative-conversion transaction, indicating the fund converted derivative securities into shares and then divested them—not a simple open-market sell-off of ordinary stock holdings. Notably, the fund's prior 5 sales at Samsara (all on 2024-12-10) exhibited a 100% well-timed pattern at the 90-day horizon, with negative returns ranging from -25.0% to -29.1%, suggesting consistent prescience in the timing of exits from this position. The current stock price of $38.02 sits -37.6% from its 52-week high and has declined -30.9% over the past 30 days, a period that overlaps the fund's exit execution, indicating the fund sold into a weakening market environment. Against this backdrop, Samsara's fundamental profile shows revenue growth of +43.6% year-over-year, yet the company posted a net loss of -$37,806,000.00 in its most recent quarter, underscoring the tension between top-line momentum and near-term profitability—a context that amplifies investor attention to large insider exits by sophisticated venture investors.

Andreessen Horowitz LSV Fund III sold 112,380 shares ($5.2M) across 8 transactions at blended average $45.92

Andreessen Horowitz LSV Fund III, a 10% owner, executed 8 separate sales totaling 112,380 shares for $5,160,514.77 on 2024-12-10 at blended average price $45.92. This sale resulted in zero post-transaction holdings, though the FLAG indicates this represents a conversion of derivative securities rather than a complete position liquidation; the insider's real position exists in Form 4 Table II (derivative securities), which is not yet populated. The timing context is notably unfavorable: IOT is trading at $46.40 (17.7% below its 52-week high of $56.35) and down 11.6% over 30 days. At the same-ticker level, prior sales on 2024-09-11 showed mixed results: 3 of 5 prior sales were well-timed (negative 90-day returns), while 2 were poorly timed. The company is unprofitable (net income of $-37,806,000 in the latest quarter) despite strong revenue growth of 43.6% year-over-year, creating an environment where large shareholder dispositions may signal caution about near-term valuation support.

Andreessen Horowitz LSV Fund III sells 330,538 shares for $14.9M (blended avg $45.06) on 2024-09-11, reducing stake to zero in derivative conversion.

Andreessen Horowitz LSV Fund III, a 10% owner of Samsara Inc. (IOT), executed 11 separate sales totaling 330,538 shares for $14,895,073.26 on 2024-09-11 at prices ranging from $42.75 to $45.79. This transaction involves a conversion of derivative securities, so the reported zero post-transaction Table I holdings reflect conversion mechanics rather than a complete stake exit; the insider's actual position resides in Form 4 Table II (not yet populated in our database). Notably, at the same-ticker level, the insider's 5 prior Samsara sales have demonstrated poor timing at the 90-day horizon—0 of 5 prior sales were well-timed, with most sales followed by gains (e.g., 30d +30.1% and +26.2% on prior 2024-06-13 sales)—suggesting this investor has consistently sold before subsequent price appreciation at this specific ticker. The current stock price of $46.27 is only 2.2% below the 52-week high of $47.29 and has risen 16.2% over the past 30 days and 64.8% over 90 days, yet the company remains unprofitable with annual net income of $-49,610,000.00 despite 43.6% annual revenue growth.