NVR (NYSE:NVR) CAO Sells $4,050,000.00 in Stock

NVR, Inc. (NYSE:NVR) CAO Matthew Kelpy sold 500 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $8,100.00, for a total transaction of $4,050,000.00. Following the completion of the transaction, the chief accounting officer owned 208 shares of the company’s stock, valued at approximately $1,684,800. The trade was a 70.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

NVR Stock Up 0.1%

NYSE:NVR traded up $6.48 during trading hours on Wednesday, reaching $8,100.76. 14,411 shares of the company traded hands, compared to its average volume of 30,711. The business’s 50-day moving average price is $7,551.42 and its two-hundred day moving average price is $7,708.59. The company has a current ratio of 6.21, a quick ratio of 3.71 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $23.01 billion, a P/E ratio of 18.53, a P/E/G ratio of 2.54 and a beta of 1.03. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $8,618.28.

NVR (NYSE:NVR) last announced its quarterly 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. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.41 billion. NVR had a net margin of 13.27% and a return on equity of 34.28%. The firm’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same quarter last year, the firm earned $139.93 earnings per share. Analysts predict that NVR, Inc. will post 505.2 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Institutional Trading of NVR

Several institutional investors have recently bought and sold shares of the business. Blue Trust Inc. lifted its position in shares of NVR by 150.0% during the 2nd quarter. Blue Trust Inc. now owns 5 shares of the construction company’s stock valued at $37,000 after buying an additional 3 shares in the last quarter. Oakworth Capital Inc. acquired a new stake in shares of NVR in the fourth quarter valued at about $36,000. Assetmark Inc. increased its stake in shares of NVR by 50.0% during the second quarter. Assetmark Inc. now owns 6 shares of the construction company’s stock worth $44,000 after purchasing an additional 2 shares in the last quarter. State of Wyoming acquired a new position in shares of NVR during the 2nd quarter worth about $44,000. Finally, Zions Bancorporation National Association UT raised its position in shares of NVR by 600.0% during the 3rd quarter. Zions Bancorporation National Association UT now owns 7 shares of the construction company’s stock worth $56,000 after purchasing an additional 6 shares during the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

About NVR

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.