Insider Selling: NVR, Inc. (NYSE:NVR) Director Sells 125 Shares of Stock

NVR, Inc. (NYSE:NVR) Director Susan Williamson Ross sold 125 shares of the firm’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the completion of the transaction, the director now directly owns 391 shares in the company, valued at approximately $3,325,810.81. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

NVR Price Performance

NVR stock opened at $8,607.48 on Thursday. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $26.94 billion, a P/E ratio of 17.94, a PEG ratio of 2.26 and a beta of 1.17. The business has a 50-day moving average of $7,805.70 and a 200-day moving average of $7,660.15. NVR, Inc. has a 1 year low of $5,210.49 and a 1 year high of $8,700.00.

NVR (NYSE:NVR) last released its quarterly earnings data on Tuesday, July 23rd. The construction company reported $120.69 earnings per share for the quarter, missing the consensus estimate of $121.65 by ($0.96). NVR had a return on equity of 38.51% and a net margin of 16.83%. The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.48 billion. On average, equities analysts anticipate that NVR, Inc. will post 499.77 EPS for the current year.

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

Institutional Trading of NVR

Several hedge funds have recently added to or reduced their stakes in NVR. International Assets Investment Management LLC raised its position in shares of NVR by 626,255.3% during the fourth quarter. International Assets Investment Management LLC now owns 238,015 shares of the construction company’s stock worth $1,666,212,000 after purchasing an additional 237,977 shares during the period. Principal Financial Group Inc. raised its holdings in NVR by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 52,451 shares of the construction company’s stock worth $424,851,000 after buying an additional 191 shares during the period. Smead Capital Management Inc. lifted its stake in NVR by 0.7% in the fourth quarter. Smead Capital Management Inc. now owns 39,481 shares of the construction company’s stock valued at $276,385,000 after buying an additional 277 shares in the last quarter. Norges Bank acquired a new position in shares of NVR in the fourth quarter valued at approximately $246,031,000. Finally, Schroder Investment Management Group increased its position in shares of NVR by 3.1% during the fourth quarter. Schroder Investment Management Group now owns 32,140 shares of the construction company’s stock worth $224,994,000 after acquiring an additional 963 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

NVR has been the topic of a number of recent research reports. UBS Group raised their price objective on shares of NVR from $7,600.00 to $8,175.00 and gave the company a “neutral” rating in a research note on Wednesday, April 24th. StockNews.com raised NVR from a “hold” rating to a “buy” rating in a research note on Wednesday, April 24th.

About NVR

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.