Insider Selling: NVR, Inc. (NYSE:NVR) Director Sells 250 Shares of Stock

NVR, Inc. (NYSE:NVR - Get Free Report) Director David A. Preiser sold 250 shares of the company's stock in a transaction on Friday, November 8th. The stock was sold at an average price of $9,302.64, for a total value of $2,325,660.00. Following the completion of the sale, the director now directly owns 239 shares in the company, valued at approximately $2,223,330.96. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

NVR Stock Performance

NVR stock traded down $135.00 during midday trading on Tuesday, hitting $9,114.26. The stock had a trading volume of 25,262 shares, compared to its average volume of 19,157. The firm's fifty day moving average is $9,442.19 and its two-hundred day moving average is $8,508.18. NVR, Inc. has a 52-week low of $5,950.21 and a 52-week high of $9,964.77. The company has a market capitalization of $27.89 billion, a PE ratio of 18.91, a P/E/G ratio of 1.99 and a beta of 1.20. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21.

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

Institutional Investors Weigh In On NVR

Large investors have recently made changes to their positions in the business. Massmutual Trust Co. FSB ADV raised its holdings in NVR by 100.0% during the third quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company's stock valued at $39,000 after buying an additional 2 shares in the last quarter. Blue Trust Inc. bought a new position in NVR in the third quarter valued at approximately $39,000. Rakuten Securities Inc. bought a new position in shares of NVR during the 3rd quarter worth approximately $39,000. Redwood Wealth Management Group LLC bought a new stake in shares of NVR in the 2nd quarter valued at about $46,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new position in NVR in the 2nd quarter valued at about $53,000. Institutional investors and hedge funds own 83.67% of the company's stock.

Analyst Upgrades and Downgrades

NVR has been the subject of several analyst reports. StockNews.com lowered NVR from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. Seaport Res Ptn cut shares of NVR from a "strong-buy" rating to a "hold" rating in a report on Sunday. Bank of America cut their price objective on NVR from $10,800.00 to $10,600.00 and set a "buy" rating for the company in a report on Wednesday, October 23rd. Finally, UBS Group raised their target price on NVR from $8,450.00 to $9,450.00 and gave the company a "neutral" rating in a report on Wednesday, October 23rd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $8,783.33.

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.