Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Shares Cross Below 50 Day Moving Average – Time to Sell?

Posted by Stacy Sanders on Jul 23rd, 2026

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Get Free Report)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $20.55 and traded as low as $20.53. Hovnanian Enterprises, Inc. PFD DEP1/1000A shares last traded at $20.49, with a volume of 738 shares changing hands.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Performance

The company’s 50-day moving average price is $20.53 and its 200-day moving average price is $20.71.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.4766 per share. This represents a $1.91 dividend on an annualized basis and a yield of 9.3%. The ex-dividend date was Wednesday, July 1st.

Institutional Trading of Hovnanian Enterprises, Inc. PFD DEP1/1000A

An institutional investor recently raised its stake in Hovnanian Enterprises, Inc. PFD DEP1/1000A stock. Shikiar Asset Management Inc. lifted its position in Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Free Report) by 3.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,550 shares of the company’s stock after buying an additional 1,075 shares during the quarter. Shikiar Asset Management Inc.’s holdings in Hovnanian Enterprises, Inc. PFD DEP1/1000A were worth $585,000 as of its most recent SEC filing.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

(Get Free Report)

Hovnanian Enterprises, Inc is a publicly traded homebuilding company active primarily in the United States. Through its network of land development and construction operations, the company designs, builds and sells single-family detached and attached homes, condominiums and active-adult communities. In addition to its core homebuilding business, Hovnanian provides financing, mortgage banking, title insurance and closing services to homebuyers through its wholly owned financial services subsidiaries.

Founded in 1959 by Kevork S.