Paralel Advisors LLC Has $2.13 Million Stock Position in NVR, Inc. (NYSE:NVR)

Paralel Advisors LLC lowered its stake in NVR, Inc. (NYSE:NVR) by 18.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 281 shares of the construction company’s stock after selling 62 shares during the quarter. Paralel Advisors LLC’s holdings in NVR were worth $2,132,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Valued Wealth Advisors LLC increased its holdings in NVR by 100.0% in the first quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after buying an additional 2 shares during the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in NVR in the second quarter worth approximately $53,000. USA Financial Formulas acquired a new position in shares of NVR during the 4th quarter worth $63,000. Mather Group LLC. bought a new position in shares of NVR during the 1st quarter valued at $73,000. Finally, UMB Bank n.a. boosted its holdings in NVR by 57.1% in the second quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock worth $83,000 after purchasing an additional 4 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Stock Up 0.3 %

NVR stock traded up $23.82 during mid-day trading on Friday, hitting $9,068.54. 19,999 shares of the company’s stock were exchanged, compared to its average volume of 19,446. NVR, Inc. has a 1-year low of $5,210.49 and a 1-year high of $9,360.00. The stock has a 50 day moving average of $8,476.79 and a two-hundred day moving average of $7,951.13. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22. The stock has a market cap of $28.41 billion, a P/E ratio of 18.90, a P/E/G ratio of 2.41 and a beta of 1.18.

NVR (NYSE:NVR) last issued its quarterly earnings data on Tuesday, July 23rd. The construction company reported $120.69 EPS for the quarter, missing analysts’ consensus estimates of $121.65 by ($0.96). NVR had a net margin of 16.83% and a return on equity of 38.51%. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.48 billion. As a group, analysts anticipate that NVR, Inc. will post 500.67 EPS for the current fiscal year.

Insider Activity

In related news, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the completion of the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,955,000. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, Director Alfred E. Festa sold 148 shares of the stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total transaction of $1,270,720.60. Following the completion of the sale, the director now owns 173 shares in the company, valued at approximately $1,485,369.35. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of NVR stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at $1,955,000. The disclosure for this sale can be found here. Insiders have sold a total of 648 shares of company stock valued at $5,547,709 over the last 90 days. 7.00% of the stock is currently owned by company insiders.

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.