The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. 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 $0.41 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 $78551.79.
Analyzing HOVR Stock Performance
On last trading session, New Horizon Aircraft Ltd [NASDAQ: HOVR] plunged -5.11% to $1.67. The stock’s lowest price that day was $1.63, but it reached a high of $1.78 in the same session. During the last five days, there has been a surge of approximately 10.60%. Over the course of the year, New Horizon Aircraft Ltd shares have jumped approximately 216.11%.
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.
