New insider activity at New Horizon Aircraft ( (HOVR) ) has taken place on August 8, 2025.
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In recent transactions involving New Horizon Aircraft stock, CEO Eric Brandon Robinson sold 275,000 shares, amounting to $452,523. Head of People & Strategy Stewart Murray Lee sold 20,000 shares, valued at $34,500. Additionally, COO Jason Michael O’Neill sold 62,000 shares, totaling $108,180.
Recent Updates on HOVR stock
New Horizon Aircraft has recently announced a significant collaboration with ZeroAvia to explore hydrogen-electric VTOL air travel, focusing on integrating ZeroAvia’s ZA600 hydrogen-electric powertrain into Horizon’s Cavorite X7 eVTOL. This partnership aims to accelerate research into zero-emission infrastructure and certification guidelines. Additionally, Horizon Aircraft has secured a $450,000 grant from the Natural Sciences and Engineering Research Council of Canada, contributing to a total of over $3.4 million in federal funding for their hybrid-electric eVTOL development. These developments, along with the company’s regained compliance with Nasdaq and a boosted share offering of $16.5 million, are likely influencing recent stock price movements and analyst evaluations.
More about New Horizon Aircraft
YTD Price Performance: 53.21%
Average Trading Volume: 1,964,647
Technical Sentiment Signal: Buy
Current Market Cap: $65.85M