Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. New Horizon Aircraft Ltd shares valued at $17,500 were sold by Lee Stewart Murray on Aug 06 ’25. At $1.75 per share, Lee Stewart Murray sold 10,000 shares. The insider’s holdings dropped to 228,194 shares worth approximately $0.37 million following the completion of this transaction.
Also, Lee Stewart Murray sold 10,000 shares, netting a total of over 17,000 in proceeds. Following the sale of shares at $1.70 each, the insider now holds 238,194 shares.
Before that, O’Neill Jason Michael had sold 40,000 shares from its account. In a trade valued at $68,800, the Chief Operating Officer traded New Horizon Aircraft Ltd shares for $1.72 each. Upon closing the transaction, the insider’s holdings decreased to 40,000 shares, worth approximately $0.56 million.
Analyzing HOVR Stock Performance
On last trading session, New Horizon Aircraft Ltd [NASDAQ: HOVR] plunged -2.96% to $1.64. The stock’s lowest price that day was $1.62, but it reached a high of $1.74 in the same session. During the last five days, there has been a drop of approximately -11.35%. Over the course of the year, New Horizon Aircraft Ltd shares have jumped approximately 72.63%. Shares of the company reached a 52-week high of $2.5200 on 06/20/25 and a 52-week low of $0.3500 on 04/14/25.
Support And Resistance Levels for New Horizon Aircraft Ltd (HOVR)
According to the 24-hour chart, there is a support level at 1.5867, which, if violated, would cause prices to drop to 1.5333. In the upper region, resistance lies at 1.7267. The next price resistance is at 1.8133. RSI (Relative Strength Index) is 48.40 on the 14-day chart, showing neutral technical sentiment.
Is New Horizon Aircraft Ltd subject to short interest?
Stocks of New Horizon Aircraft Ltd saw a sharp steep in short interest on 2025-08-15 dropping by 28079.0 shares to 1.0 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 1.03 million shares. A decline of -2.81% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.95 of the overall float, the days-to-cover ratio (short ratio) decline to 0.95.
