Insider Selling: NVR (NYSE:NVR) Director Sells $1,760,000.00 in Stock

NVR, Inc. (NYSE:NVR) Director Susan Williamson Ross sold 220 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $8,000.00, for a total transaction of $1,760,000.00. Following the sale, the director owned 386 shares of the company’s stock, valued at $3,088,000. This represents a 36.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Thursday, February 5th, Susan Williamson Ross sold 200 shares of NVR stock. The shares were sold at an average price of $8,091.62, for a total value of $1,618,324.00.

NVR Trading Down 0.6%

Shares of NVR stock opened at $7,996.37 on Friday. The stock has a 50 day moving average of $7,534.57 and a 200 day moving average of $7,707.14. 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 capitalization of $22.71 billion, a price-to-earnings ratio of 18.29, a PEG ratio of 2.58 and a beta of 1.03. NVR, Inc. has a fifty-two week low of $6,562.85 and a fifty-two week high of $8,618.28.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Capital Research Global Investors boosted its stake in shares of NVR by 8.0% in the 3rd quarter. Capital Research Global Investors now owns 133,003 shares of the construction company’s stock valued at $1,068,634,000 after buying an additional 9,877 shares during the period. Boston Partners increased its stake in shares of NVR by 9.9% during the second quarter. Boston Partners now owns 64,952 shares of the construction company’s stock worth $479,900,000 after buying an additional 5,875 shares during the period. Principal Financial Group Inc. raised its holdings in NVR by 4.0% in the third quarter. Principal Financial Group Inc. now owns 60,307 shares of the construction company’s stock valued at $484,546,000 after acquiring an additional 2,331 shares in the last quarter. M&T Bank Corp lifted its stake in NVR by 34,923.5% in the fourth quarter. M&T Bank Corp now owns 56,738 shares of the construction company’s stock worth $413,777,000 after acquiring an additional 56,576 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in NVR by 4.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 43,318 shares of the construction company’s stock worth $348,051,000 after acquiring an additional 1,718 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on NVR. UBS Group reissued a “neutral” rating and issued a $8,350.00 price target on shares of NVR in a research note on Thursday, January 29th. Zelman & Associates raised NVR from a “sell” rating to a “hold” rating and set a $7,675.00 target price on the stock in a research report on Thursday, January 29th. Weiss Ratings restated 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 note on Monday, December 1st. They issued a “buy” rating and a $9,022.00 price objective for the company. Finally, Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, NVR has a consensus rating of “Moderate Buy” and an average target price of $8,329.40.

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.