Hovnanian Enterprises Inc. (HOV) chairman and founder Kevork Hovnanian, in a filing with the Securities and Exchange Commission, disclosed on Monday that he purchased 220 thousand shares of Hovnanian Enterprises on July 3 for $5.10 to $5.28 apiece.
Insiders have to file with the Securities and Exchange Commission Form 4s to report purchase or sale of shares in their companies. Open market transactions must be reported within two business days of the deal.
In Tuesday's regular trading shares of the Red Bank, New Jersey-based homebuilder rose $1.00 or 21.55% and closed $5.65. In extended trading HOV rose further $0.21 or 3.72% and traded at $5.85. The stock has traded between $4.25 and $19.20 during the past year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.