Hovnanian Enterprises, Inc., a homebuilding company based in Matawan, New Jersey, designs, constructs, and markets a range of residential units including single-family homes and condominiums across the U.S. The company, employing 1,715 people, operates through Homebuilding and Financial Services segments, offering mortgage and title services.
Ara K Hovnanian sold 20,000 shares of HOV on 23 August at $227.24 per share, worth a total of $4.5M. They now own 32,690 HOV shares, or a 61% holding decrease.
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