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EdgarHawk

Ara K Hovnanian

Chairman of the Board & CEO

Director Officer 10% Owner

Latest: Chair selling · June 2026

8 filings analyzed · 1 company · Latest 2026-06-24

Companies

Company Buys Sells Direction
HOVNANIAN ENTERPRISES INC HOV 0 36 Net selling

Activity

June 2026
critical
Sell
12,880 shares
$1,620,107
Significance 9/10

HOV CEO Ara Hovnanian sold 12,880 shares at $125.78 (-100% of holdings, $1.6M), exiting his entire position.

Ara K Hovnanian, Chairman of the Board & CEO of Hovnanian Enterprises, sold his entire 12,880-share position at $125.78 on 2026-06-22 for $1,620,106.94, leaving him with 0 shares post-transaction. The complete liquidation of holdings is notable given his cross-ticker track record of 20 prior sells with a 90d well-timed rate of 95.00% and an avg 90d return of -20.6% following those sales. His 5 prior sells at HOV specifically show a perfect 5-of-5 well-timed record at the 90-day mark, with the most recent HOV sell on 2024-09-17 followed by a 90d return of -33.1%. The stock is currently -21.3% from the 52-week high of $162.06, while net income stands at $-284.0K for the latest quarter, providing additional fundamental context for this full exit.

September 2024
medium
Sell
17,967 shares
$3,887,056
Significance 5/10

Hovnanian CEO sells 17,967 shares for $3.9M across 6 transactions; divests 27.5% of holdings

On 2024-09-16 and 2024-09-17, Hovnanian Enterprises chairman, president, and CEO Ara K Hovnanian executed 6 separate sales totaling 17,967 shares (18.0K shares) for $3,887,056.28 ($3.9M), reducing his holdings from 65,245 shares to 47,278 shares—a 27.5% reduction in stake. The blended average sale price was $216.34, slightly below the current price of $224.75, indicating the stock has moved modestly higher since the transaction. While his cross-ticker track record shows 20 prior sells with an average 30-day return of +37.1%, this specific transaction occurred during a period of strong relative momentum: the stock is up 16.4% over 30 days and +55.4% over 90 days from the dates of these sales. However, the insider's most recent same-ticker activity shows 5 prior sells between 2024-08-23 and 2024-08-30 with outcomes not yet measurable, suggesting a pattern of sequential selling activity at this price level over the prior three weeks.

high
Sell
9,137 shares
$2,006,563
Significance 6/10

HOV CEO Ara Hovnanian sells 9,137 shares for $2,006,563.43 at blended avg $219.61; stock now $198.69 vs 52-wk high $238.30.

Ara Hovnanian, Chairman, President & CEO, executed 4 separate sales totaling 9,137 shares for $2,006,563.43 on August 29–30, 2024, reducing his holdings by 26.8% from 34,074 to 24,937 shares. The sales occurred at a blended average price of $219.61, which was near the stock's 52-week high of $238.30 and well above the current price of $198.69, indicating the transactions were executed while the stock was elevated. His cross-ticker track record shows 20 prior sells with an average 90-day return of +40.9%, meaning past sales were generally poorly timed—the stock rose after he sold. The recent HOV-specific trades on August 23 lack measurable outcome data yet, so same-ticker timing patterns cannot be assessed. The volume and timing of this multi-tranche exit warrant attention to whether company fundamentals or forward guidance have shifted materially since execution.

August 2024
high
Sell
20,000 shares
$4,589,050
Significance 6/10

HOV CEO Hovnanian sold 20,000 shares for $4.6M across 9 transactions, reducing stake by 60.8%.

Hovnanian Ara K, Chairman and CEO of Hovnanian Enterprises, executed 9 separate sales on 2024-08-23 totaling 20,000 shares for $4,589,049.52 at a blended average price of $229.45, reducing his holdings from 32,890 shares to 12,890 shares (a 60.8% reduction in pre-transaction holdings). The sale occurred while the stock trades at $229.27, very close to the blended transaction average and -3.8% from its 52-week high of $238.30; notably, the stock has appreciated 6.1% over the past 30 days and 58.1% over 90 days. His cross-ticker track record shows a well-timed rate of 100.00% across 20 prior sells (meaning his sells historically preceded declines), though his 90-day average return after those cross-ticker sales is -13.2%. At HOV specifically, his five prior sales have not yet produced measurable 90-day outcomes, but his near-term returns on four recent HOV sales (June and July 2024) range from +17.3% to +54.1% over 30 days. The company's fundamentals show annual revenue growth of -5.7%, a very low P/E of 0.73, and quarterly revenue of $708.4M with net income of $50.8M. This substantial reduction in CEO stake during a strong recent price run warrants examination alongside the company's revenue decline and historically accurate exit timing pattern.

July 2024
medium
Sell
14,000 shares
$2,146,205
Significance 6/10

HOV CEO Ara K Hovnanian sold 14,000 shares for $2.1M (blended avg $153.30) on 2024-07-11; holdings now 34,074 shares post-sale.

CEO Ara K Hovnanian executed 3 separate sales totaling 14,000 shares for $2,146,204.65 on a single trading day, reducing his direct holdings by 29.1% from 48,074 to 34,074 shares. The sales occurred at prices ranging from $152.20 to $154.32 per share (blended average $153.30), which sit 7.0% below the current price of $165.33 and within 16.3% of the 52-week high of $183.17. The stock has shown strong recent momentum: +11.9% over the past 30 days and +24.6% over 90 days. The company's fundamentals show a P/E of 0.52 against revenue growth of -5.7% year-over-year, suggesting either valuation compression or measurement noise. This transaction follows five prior sales by the same insider on 2024-06-28, indicating a pattern of recent equity disposition activity within a two-week window.

June 2024
medium
Sell
28,092 shares
$3,959,143
Significance 6/10

CEO Hovnanian sold 28,092 shares for $3,959,143.09 across 7 transactions in 3 days (Jun 26–28), reducing holdings by 46.1%.

Ara K Hovnanian, Chairman, President and CEO of Hovnanian Enterprises, executed 7 separate sales totaling 28,092 shares for $3,959,143.09 between June 26 and June 28, 2024, at prices ranging from $140.05 to $145.00 with a blended average of $140.93. This sale reduced his holdings from 60,982 shares to 32,890 shares—a 46.1% reduction in a three-day window. The timing relative to the 52-week context is noteworthy: the current price of $141.92 sits 22.5% below the 52-week high of $183.17, and the stock is down 9.6% over 90 days despite the insider's sale occurring near recent lows. His cross-ticker track record shows a 35.71% well-timed sell rate (higher is better for short-term outperformance after sells), though prior trades at HOV lack measurable outcomes, making this sale's forward signal unclear at this juncture.

medium
Sell
4,548 shares
$667,006
Significance 4/10

CEO Hovnanian sells 4,548 shares for $667,006.47 on 2024-06-24 at $146.66 avg; still holds 61.0K shares.

Ara K Hovnanian, Chairman, President and CEO, executed 4 separate sales on 2024-06-24 totaling 4,548 shares for $667,006.47 at a blended average price of $146.66, reducing his holdings by 6.9% to 61.0K shares. The transaction occurred when the stock was trading near 52-week highs (currently $139.83, down 23.7% from the $183.17 peak), suggesting the insider sold during a period of elevated valuation. His prior two measurable sales at this ticker (2023-12-19) both generated negative 90-day returns (-12.8% and -14.0%), indicating a 2-of-2 well-timed pattern at HOV, though the company's fundamentals show weakness with annual revenue declining 5.7% year-over-year despite a substantial Q-latest net income of $50.8M on $708.4M revenue. The recent price decline of 10.9% over 90 days post-sale aligns with his established timing accuracy at this ticker.

high
Sell
7,360 shares
$1,135,402
Significance 7/10

HOV Chairman Hovnanian sells 7,360 shares for $1,135,401.50; stock down 22.5% from 52-week high.

Hovnanian, Chairman, President & CEO of Hovnanian Enterprises, executed 2 separate sales totaling 7,360 shares for $1,135,401.50 at a blended average price of $154.27. His post-transaction holdings stand at 65,530 shares, a 10.1% reduction from pre-transaction levels. The timing of this sale is notable: the stock currently trades at $141.96, down 22.5% from its 52-week high of $183.17 and down 16.0% over the past 30 days. His prior 5 sales at HOV were all well-timed at the 90-day mark, with negative returns ranging from -4.0% to -14.0%, indicating a pattern of selling before declines. The current price action post-filing (stock trading 22.5% below its peak) aligns with his historical pattern, though it is too early to assess the 30- and 90-day returns from this specific transaction.

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