Joseph A. Marengi, Director at HOVNANIAN ENTERPRISES INC (HOV), sold 10,000 shares at $6.40 ($64K) on 2013-01-11, disclosed to the SEC on 2013-01-14.
Seasonal sale ($64k) by Director — this insider has traded HOV in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
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