Insider Selling: NVR (NYSE:NVR) Director Sells $1,618,324.00 in Stock

NVR, Inc. (NYSE:NVR) Director Susan Williamson Ross sold 200 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $8,091.62, for a total transaction of $1,618,324.00. Following the completion of the transaction, the director directly owned 386 shares in the company, valued at $3,123,365.32. The trade was a 34.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Susan Williamson Ross also recently made the following trade(s):

• On Wednesday, February 4th, Susan Williamson Ross sold 220 shares of NVR stock. The shares were sold at an average price of $8,000.00, for a total transaction of $1,760,000.00.

NVR Stock Performance

Shares of NVR stock opened at $7,996.37 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.71 and a current ratio of 6.21. The firm has a market cap of $22.71 billion, a P/E ratio of 18.29, a P/E/G ratio of 2.58 and a beta of 1.03. The firm’s 50 day moving average price is $7,534.57 and its 200-day moving average price is $7,705.79. NVR, Inc. has a one year low of $6,562.85 and a one year high of $8,618.28.

NVR (NYSE:NVR) last posted its earnings results on Wednesday, January 28th. The construction company reported $121.54 earnings per share for the quarter, beating the consensus estimate of $105.42 by $16.12. NVR had a net margin of 13.27% and a return on equity of 34.28%. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter last year, the firm earned $139.93 EPS. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. As a group, equities research analysts predict that NVR, Inc. will post 505.2 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on NVR shares. BTIG Research initiated coverage on NVR in a research report on Monday, December 1st. They issued a “buy” rating and a $9,022.00 target price for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of NVR in a research note on Thursday, January 22nd. UBS Group reaffirmed a “neutral” rating and set a $8,350.00 target price on shares of NVR in a research note on Thursday, January 29th. Zelman & Associates upgraded shares of NVR from a “sell” rating to a “hold” rating and set a $7,675.00 target price on the stock in a report on Thursday, January 29th. Finally, Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $8,329.40.

Institutional Trading of NVR

Several hedge funds have recently added to or reduced their stakes in the company. Oakworth Capital Inc. purchased a new stake in shares of NVR in the 4th quarter valued at approximately $36,000. Blue Trust Inc. grew its stake in shares of NVR by 150.0% during the second quarter. Blue Trust Inc. now owns 5 shares of the construction company’s stock worth $37,000 after purchasing an additional 3 shares in the last quarter. Assetmark Inc. increased its holdings in NVR by 50.0% in the second quarter. Assetmark Inc. now owns 6 shares of the construction company’s stock valued at $44,000 after buying an additional 2 shares during the last quarter. State of Wyoming acquired a new stake in NVR in the second quarter valued at $44,000. Finally, USA Financial Formulas lifted its holdings in NVR by 75.0% during the 4th quarter. USA Financial Formulas now owns 7 shares of the construction company’s stock worth $51,000 after buying an additional 3 shares during the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Company Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.