NVR, Inc. (NYSE:NVR) CAO Matthew B. Kelpy Sells 175 Shares

NVR, Inc. (NYSE:NVR) CAO Matthew B. Kelpy sold 175 shares of the company’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the completion of the transaction, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,989,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

NVR Trading Up 0.0 %

NYSE NVR traded up $0.24 during trading on Monday, hitting $8,600.84. 16,833 shares of the company’s stock traded hands, compared to its average volume of 19,470. The stock has a fifty day moving average of $7,743.57 and a two-hundred day moving average of $7,633.70. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. NVR, Inc. has a 12-month low of $5,210.49 and a 12-month high of $8,695.00. The firm has a market cap of $26.92 billion, a P/E ratio of 17.93, a PEG ratio of 2.26 and a beta of 1.17.

NVR (NYSE:NVR) last posted its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $121.65 by ($0.96). NVR had a net margin of 16.83% and a return on equity of 38.51%. The business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.48 billion. As a group, sell-side analysts expect that NVR, Inc. will post 499.77 EPS for the current year.

NVR announced that its board has initiated a stock repurchase plan on Tuesday, May 7th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the construction company to repurchase up to 3.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. StockNews.com upgraded shares of NVR from a “hold” rating to a “buy” rating in a research report on Wednesday, April 24th. UBS Group upped their target price on shares of NVR from $7,600.00 to $8,175.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 24th.

Institutional Trading of NVR

Several institutional investors have recently added to or reduced their stakes in NVR. Valued Wealth Advisors LLC boosted its position in NVR by 100.0% during the first quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock valued at $32,000 after buying an additional 2 shares during the period. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of NVR during the fourth quarter valued at about $35,000. Criterion Capital Advisors LLC bought a new position in shares of NVR during the fourth quarter valued at about $42,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of NVR during the second quarter valued at about $53,000. Finally, Allworth Financial LP raised its stake in shares of NVR by 100.0% during the fourth quarter. Allworth Financial LP now owns 8 shares of the construction company’s stock valued at $56,000 after acquiring an additional 4 shares during the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

NVR Company Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.