Published on 24 May 2024 on Simply Wall St. via Yahoo Finance
With 52% ownership of the shares, Hovnanian Enterprises, Inc. (NYSE:HOV) is heavily dominated by...
Key Insights
Significantly high institutional ownership implies Hovnanian Enterprises' stock price is sensitive to their trading actionsA total of 14 investors have a majority stake in the company with 51% ownership Recent sales by insiders
A look at the shareholders of Hovnanian Enterprises, Inc. (NYSE:HOV) can tell us which group is most powerful. With 52% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.