Insider Selling: NVR, Inc. (NYSE:NVR) Director Sells $1,063,238.75 in Stock

NVR, Inc. (NYSE:NVR) Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the sale, the director now directly owns 391 shares in the company, valued at $3,325,810.81. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

NVR Stock Performance

NYSE:NVR opened at $8,607.48 on Thursday. NVR, Inc. has a 12 month low of $5,210.49 and a 12 month high of $8,700.00. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. The firm has a market capitalization of $26.94 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 2.26 and a beta of 1.17. The business’s fifty day moving average price is $7,805.70 and its 200 day moving average price is $7,660.15.

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

NVR announced that its Board of Directors has authorized a stock repurchase program on Tuesday, May 7th that authorizes the company to buyback $750.00 million in shares. This buyback authorization authorizes the construction company to buy up to 3.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

NVR has been the topic of several analyst reports. StockNews.com upgraded NVR from a “hold” rating to a “buy” rating in a research note on Wednesday, April 24th. UBS Group boosted their price objective on 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 modified their holdings of the stock. Valued Wealth Advisors LLC raised its stake in NVR by 100.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after acquiring an additional 2 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of NVR during the fourth quarter worth about $35,000. Criterion Capital Advisors LLC acquired a new stake in shares of NVR during the fourth quarter worth about $42,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of NVR in the 2nd quarter valued at about $53,000. Finally, Allworth Financial LP boosted its position in shares of NVR by 100.0% in the 4th quarter. Allworth Financial LP now owns 8 shares of the construction company’s stock valued at $56,000 after purchasing an additional 4 shares during the period. Hedge funds and other institutional investors own 83.67% of the company’s stock.

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.