NVR, Inc. (NYSE:NVR) CAO Matthew B. Kelpy Sells 400 Shares

NVR, Inc. (NYSE:NVR - Get Free Report) CAO Matthew B. Kelpy sold 400 shares of the firm's stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $9,450.00, for a total value of $3,780,000.00. Following the sale, the chief accounting officer now directly owns 208 shares in the company, valued at approximately $1,965,600. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NVR Stock Performance

NVR stock traded up $18.69 during trading on Thursday, reaching $9,221.23. The company had a trading volume of 14,221 shares, compared to its average volume of 19,148. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.54 and a current ratio of 6.21. NVR, Inc. has a twelve month low of $5,818.01 and a twelve month high of $9,964.77. The company has a market cap of $28.40 billion, a price-to-earnings ratio of 18.85, a price-to-earnings-growth ratio of 1.98 and a beta of 1.20. The firm has a 50-day simple moving average of $9,434.23 and a 200-day simple moving average of $8,472.38.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing the consensus estimate of $131.00 by ($0.50). NVR had a return on equity of 38.20% and a net margin of 16.51%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.71 billion. During the same quarter in the previous year, the firm posted $125.26 earnings per share. The company's quarterly revenue was up 6.6% on a year-over-year basis. As a group, sell-side analysts expect that NVR, Inc. will post 496.62 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently commented on NVR. Bank of America decreased their target price on shares of NVR from $10,800.00 to $10,600.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. StockNews.com lowered NVR from a "buy" rating to a "hold" rating in a report on Thursday. Finally, UBS Group raised their price objective on NVR from $8,450.00 to $9,450.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 23rd.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Massmutual Trust Co. FSB ADV increased its stake in shares of NVR by 100.0% in the third quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company's stock worth $39,000 after acquiring an additional 2 shares during the period. Blue Trust Inc. purchased a new stake in NVR in the third quarter valued at $39,000. Rakuten Securities Inc. purchased a new stake in NVR in the third quarter valued at $39,000. Redwood Wealth Management Group LLC acquired a new stake in NVR during the 2nd quarter worth about $46,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in shares of NVR during the 2nd quarter valued at about $53,000. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Company Profile

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.