Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hovnanian Enterprises, Inc shares valued at $203,020 were sold by KANGAS EDWARD A on Mar 03 ’25. At $101.51 per share, KANGAS EDWARD A sold 2,000 shares. The insider’s holdings dropped to 11,290 shares worth approximately $1.03 million following the completion of this transaction.
Also, KANGAS EDWARD A purchased 2,000 shares, netting a total of over 203,020 in proceeds.
Before that, Sellers Robin Stone had sold 977 shares from its account. In a trade valued at $105,457, the Director traded Hovnanian Enterprises, Inc shares for $107.94 each. Upon closing the transaction, the insider’s holdings decreased to 977 shares, worth approximately $1.79 million.
As published in their initiating research note from Wedbush on December 16, 2024, Hovnanian Enterprises, Inc [HOV] has been a Neutral and the price target has been revised to $155. Analysts at Buckingham Research started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid January. As of October 09, 2018, JMP Securities has increased its “Mkt underperform” rating to a “Mkt perform” for HOV. Earlier on December 22, 2017, MKM Partners downgraded its rating. Their new recommendation was “a Sell” for HOV stock which previously was a “a Neutral”.
Analyzing HOV Stock Performance
On last trading session,, Hovnanian Enterprises, Inc [NYSE: HOV] plunged -2.94% to $91.49. The stock’s lowest price that day was $90.84, but it reached a high of $98.26 in the same session. During the last five days, there has been a drop of approximately -6.38%. Over the course of the year, Hovnanian Enterprises, Inc shares have dropped approximately -31.63%. Shares of the company reached a 52-week high of $146.93 on 01/17/25 and a 52-week low of $81.15 on 04/09/25.
Support And Resistance Levels for Hovnanian Enterprises, Inc (HOV)
According to the 24-hour chart, there is a support level at 88.80, which, if violated, would cause prices to drop to 86.11. In the upper region, resistance lies at 96.22. The next price resistance is at 100.95. RSI (Relative Strength Index) is 44.90 on the 14-day chart, showing neutral technical sentiment.
Is Hovnanian Enterprises, Inc subject to short interest?
Stocks of Hovnanian Enterprises, Inc saw a sharp steep in short interest on 2025-05-30 dropping by 16034.0 shares to 0.22 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.23 million shares. A decline of -7.36% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.2 of the overall float, the days-to-cover ratio (short ratio) decline to 3.2.
