Rep. Robert Bresnahan, Jr. Sells Off Shares of NVR, Inc. (NYSE:NVR)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of NVR, Inc. (NYSE:NVR). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in NVR stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.

NVR Stock Performance

Shares of NVR opened at $7,359.53 on Friday. The firm has a market capitalization of $22.52 billion, a PE ratio of 14.50, a price-to-earnings-growth ratio of 2.51 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.21 and a quick ratio of 3.54. The company has a 50-day simple moving average of $8,122.07 and a two-hundred day simple moving average of $8,816.97. NVR, Inc. has a one year low of $7,227.09 and a one year high of $9,964.77.

NVR (NYSE:NVR) last posted its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $132.63 by $7.30. NVR had a return on equity of 39.58% and a net margin of 16.34%. On average, analysts anticipate that NVR, Inc. will post 512.33 EPS for the current fiscal year.

NVR declared that its board has initiated a share buyback program on Wednesday, December 11th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the construction company to repurchase up to 2.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

NVR has been the subject of several recent research reports. JPMorgan Chase & Co. lowered their target price on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. UBS Group boosted their target price on NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Seaport Res Ptn downgraded NVR from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 10th. StockNews.com downgraded shares of NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Finally, Bank of America dropped their price objective on NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, NVR presently has an average rating of “Hold” and an average target price of $9,356.67.

Institutional Investors Weigh In On NVR

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. purchased a new position in NVR in the third quarter worth about $39,000. Rakuten Securities Inc. bought a new position in shares of NVR in the 3rd quarter worth approximately $39,000. EverSource Wealth Advisors LLC boosted its holdings in shares of NVR by 150.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company’s stock worth $41,000 after buying an additional 3 shares during the last quarter. Private Trust Co. NA grew its position in NVR by 66.7% during the third quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock valued at $49,000 after buying an additional 2 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in NVR during the third quarter valued at approximately $49,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insiders Place Their Bets

In other NVR news, Director Thomas D. Eckert sold 143 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the completion of the sale, the director now owns 1,050 shares in the company, valued at $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 7.00% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.