Hovnanian Enterprises, headquartered in Matawan, New Jersey, specializes in designing and constructing various types of homes while also offering mortgage banking and title services. The company employs 1,715 people and operates in three regional segments.
Ara K Hovnanian sold 4,415 shares of HOV on 17 September at $220.04 per share, worth a total of $971K. They now own 20,523 HOV shares, or a 18% holding decrease.
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