Hovnanian Enterprises, Inc. (NYSE:HOV – Get Rating) Director Edward A. Kangas sold 10,000 shares of the business’s stock in a transaction dated Monday, March 6th. The stock was sold at an average price of $66.62, for a total transaction of $666,200.00. Following the sale, the director now directly owns 36,257 shares in the company, valued at $2,415,441.34. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Hovnanian Enterprises Price Performance
NYSE:HOV opened at $65.03 on Friday. Hovnanian Enterprises, Inc. has a 52-week low of $33.20 and a 52-week high of $78.20. The company has a market cap of $387.58 million, a P/E ratio of 2.27 and a beta of 2.51. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.30 and a current ratio of 1.21. The stock’s 50-day simple moving average is $59.49 and its 200 day simple moving average is $48.05.
Hovnanian Enterprises (NYSE:HOV – Get Rating) last posted its quarterly earnings results on Thursday, December 8th. The construction company reported $8.56 earnings per share for the quarter. Hovnanian Enterprises had a return on equity of 112.54% and a net margin of 7.64%. The firm had revenue of $886.79 million during the quarter.
Hedge Funds Weigh In On Hovnanian Enterprises
About Hovnanian Enterprises
Hovnanian Enterprises, Inc is a homebuilding company, which engages in the design, construction, and marketing of single-family attached town homes, attached townhomes and condominiums, urban infill, and lifestyle homes in planned residential developments. It operates through the following segments: Northeast, Southeast, and West.
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