Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. New Horizon Aircraft Ltd shares valued at $89,050 were sold by Lee Stewart Murray on Jun 27 ’25. At $1.78 per share, Lee Stewart Murray sold 50,000 shares. The insider’s holdings dropped to 248,194 shares worth approximately $0.37 million following the completion of this transaction.
Also, Robinson Eric Brandon sold 250,000 shares, netting a total of over 438,500 in proceeds. Following the sale of shares at $1.75 each, the insider now holds 2,067,510 shares.
Before that, Robinson Eric Brandon had added 1,111 shares to its account. In a trade valued at $2,500, the Chief Executive Officer bought New Horizon Aircraft Ltd shares for $2.25 each. Upon closing the transaction, the insider’s holdings increased to 1,111 shares, worth approximately $71025.87.
Analyzing HOVR Stock Performance
On last trading session, New Horizon Aircraft Ltd [NASDAQ: HOVR] rose 1.34% to $1.51. The stock’s lowest price that day was $1.47, but it reached a high of $1.6 in the same session. During the last five days, there has been a drop of approximately -7.36%. Over the course of the year, New Horizon Aircraft Ltd shares have jumped approximately 126.73%. 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 1.4533, which, if violated, would cause prices to drop to 1.3967. In the upper region, resistance lies at 1.5833. The next price resistance is at 1.6567. RSI (Relative Strength Index) is 46.71 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 rise in short interest on 2025-07-15 jumping by 0.8 million shares to 1.03 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 0.23 million shares. A jump of 78.0% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.45 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.45.
