New Horizon Aircraft (HOVRW) Stock: Why It's Down Today
Updated Oct 19, 2026, 4:00 PM ET · closing price
- Closed at $0.23, -0.42% vs the prior close of $0.24.
- Volume 23.41K shares, 3.1x its 50-day average (heavy).
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
HOVRW dips 0.4% to $0.23 on 3.1x normal volume. Closed at $0.23, -0.42% vs the prior close of $0.24. Day range $0.21–$0.25, opened at $0.51.
HOVRW daily analysis — what happened
A plain-English, data-only note for every US trading day (today's note updates every 2 hours while the market is open). Newest first; older days stay archived below.
Oct 19, 2026 — HOVRW dips 0.4% to $0.23 on 3.1x normal volume
- Closed at $0.23, -0.42% vs the prior close of $0.24. Day range $0.21–$0.25, opened at $0.51.
- Volume was 23.41K shares, 3.1x its 50-day average of 7.46K — unusually heavy trading.
- 52-week range $0.21–$0.25; today's close sits at 63% of that range, 6.0% below the 52-week high.
HOVRW bull case vs bear case (from the data)
- Latest fiscal-year net income: profit of $8.61M.
- Insider selling outweighs buying: 24 sales vs 0 open-market buys among the 24 most recent reported insider trades (Form 4, last 12 months).
- Share count up 63.8% in a year (dilution).
- Thin trading (under $2M a day on average) can mean wide bid/ask spreads.
HOVRW latest news & SEC filings
Every SEC filing by or about HOVRW in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Oct 9, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 2.02 — Reported results of operations (earnings release).
This is a results-day filing: the earnings press release is attached as an exhibit.
Oct 9, 2026 · Form 10-Q — Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Aug 31, 2026:
- Net income: -$4.07M (prior year -$10.90M) (loss narrowed vs Aug 31, 2025)
- Diluted EPS: -$0.06 (prior year -$0.29) (loss narrowed vs Aug 31, 2025)
Sep 14, 2026 · Form 3 — New insider holdings
Initial insider ownership statement (Form 3) — a new director, officer or 10% owner disclosed their holdings
Sep 4, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 5.02 — Change in directors or officers (appointment, departure or pay).
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Sep 4, 2026 · Form 424B5 — Prospectus supplement
Prospectus supplement — the company is selling securities off a shelf registration
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Aug 28, 2026 · Form S-3 — Shelf registration (S-3)
Shelf registration (S-3) — lets the company sell securities over time
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Aug 14, 2026 · Form SCHEDULE 13G — Passive stake (13G)
Passive stake (13G) — an investor reported owning more than 5%
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 10, 2026 · Form SCHEDULE 13G/A — Update to a passive 5%+ stake (13G)
Update to a passive 5%+ stake (13G)
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 6, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Aug 6, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Aug 6, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Aug 6, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Jul 16, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 2.02 — Reported results of operations (earnings release).
This is a results-day filing: the earnings press release is attached as an exhibit.
Jul 16, 2026 · Form 10-K — Annual report
Annual report (audited full-year financial statements and business review)
Fiscal year ended May 31, 2026:
- Net income: -$33.10M (prior year $5.20M) (loss widened vs May 31, 2025)
- Diluted EPS: -$0.77 (prior year $0.17) (loss widened vs May 31, 2025)
Things to know before you trade HOVRW
- Last results release: Oct 9, 2026 (8-K Item 2.02). Previous ones: Jul 16, 2026, Apr 14, 2026, Jan 14, 2026. Based on that rhythm, the next report is likely around Jan 8, 2027 — an estimate, not a confirmed date.
- How much it moves: over the last 20 sessions the average daily move was 0.42% (largest 0.4%). That is a relatively calm stock.
- Liquidity: about 15.43K shares (≈$3.63K) trade per day on average. Thin volume can mean wider bid/ask spreads.
- 52-week position: $0.23 vs a range of $0.21–$0.25 (63% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 0 open-market buys, 24 sales; latest: Eric Brandon Robinson sold 100,000 shares on Oct 15, 2025.
- Latest filings: 8-K Oct 9, 2026; 10-Q Oct 9, 2026; 8-K Sep 4, 2026.
- Share count: 67.12M shares outstanding (Oct 9, 2026), +63.8% vs a year earlier — notable dilution.
- Listing: Nasdaq · industry: Aircraft.
HOVRW market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 19, 2026 | 0.51 | 0.25 | 0.21 | 0.23 | 23.41K |
| Oct 16, 2026 | 0.51 | 0.24 | 0.22 | 0.24 | 7.46K |
About New Horizon Aircraft
New Horizon Aircraft (HOVRW) is listed on the Nasdaq and classified by the SEC under “Aircraft”. Its business address is in LINDSAY, Ontario, Canada. State of incorporation: British Columbia, Canada. Fiscal year ends May 31. SEC CIK 1930021.
HOVRW board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Thomas Joseph Hearne | Director | Sep 14, 2026 |
| Jameel Janjua | Director | Aug 6, 2026 |
| John Michael Maris | Director | Aug 6, 2026 |
| Trisha Nomura | Director | Aug 6, 2026 |
| John Harold Charles Pinsent | Director | Aug 6, 2026 |
| Eric Brandon Robinson | Chief Executive Officer | Jul 15, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Stewart Murray Lee | Head of People and Strategy | Jul 15, 2026 |
| Brian Frederick Merker | Chief Financial Officer | Jul 15, 2026 |
| Jason Michael O'Neill | Chief Operating Officer | Jul 15, 2026 |
| Eric Brandon Robinson | Chief Executive Officer | Jul 15, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Oct 15, 2025 | Eric Brandon Robinson | Sale | 100,000 | $3.42 |
| Oct 15, 2025 | Eric Brandon Robinson | Sale | 100,000 | $3.42 |
| Oct 15, 2025 | Eric Brandon Robinson | Sale | 100,000 | $3.42 |
| Oct 15, 2025 | Eric Brandon Robinson | Sale | 100,000 | $3.42 |
| Oct 15, 2025 | Brian Frederick Merker | Sale | 46,000 | $4.00 |
| Oct 15, 2025 | Brian Frederick Merker | Sale | 46,000 | $4.00 |
| Oct 15, 2025 | Brian Frederick Merker | Sale | 46,000 | $4.00 |
| Oct 15, 2025 | Brian Frederick Merker | Sale | 46,000 | $4.00 |
| Oct 14, 2025 | Eric Brandon Robinson | Sale | 140,000 | $3.84 |
| Oct 14, 2025 | Eric Brandon Robinson | Sale | 140,000 | $3.84 |
| Oct 14, 2025 | Eric Brandon Robinson | Sale | 140,000 | $3.84 |
| Oct 14, 2025 | Eric Brandon Robinson | Sale | 140,000 | $3.84 |
| Oct 14, 2025 | Stewart Murray Lee | Sale | 100,000 | $3.72 |
| Oct 14, 2025 | Stewart Murray Lee | Sale | 100,000 | $3.72 |
| Oct 14, 2025 | Stewart Murray Lee | Sale | 100,000 | $3.72 |
HOVRW financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2023 | — | $8.61M | — | $-2.12M |
Latest balance sheet: total assets $6.82M, total liabilities $22.96M, cash $16.14K (as of Feb 29, 2024).
HOVRW earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Oct 9, 2026 | 8-K Item 2.02 (results) | — |
| Jul 16, 2026 | 8-K Item 2.02 (results) | — |
| Apr 14, 2026 | 8-K Item 2.02 (results) | — |
| Jan 14, 2026 | 8-K Item 2.02 (results) | — |
| Oct 10, 2025 | 8-K Item 2.02 (results) | — |
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 19, 2026, 4:00 PM ET. Filings: SEC EDGAR. Refreshed every 2 hours during US market hours.