Matthew B. Kelpy Sells 125 Shares of NVR, Inc. (NYSE:NVR) Stock

NVR, Inc. (NYSE:NVRGet Free Report) CAO Matthew B. Kelpy sold 125 shares of the business’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $2,186,679. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NVR Trading Down 0.7 %

Shares of NVR stock opened at $9,074.06 on Thursday. NVR, Inc. has a 52-week low of $5,410.74 and a 52-week high of $9,964.77. The company has a 50-day simple moving average of $9,420.19 and a two-hundred day simple moving average of $8,418.15. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.54 and a current ratio of 6.21. The company has a market capitalization of $27.95 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 1.99 and a beta of 1.19.

NVR (NYSE:NVRGet Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing analysts’ consensus estimates of $131.00 by ($0.50). NVR had a net margin of 16.51% and a return on equity of 38.20%. The business had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same period in the previous year, the business posted $125.26 earnings per share. The business’s revenue was up 6.6% compared to the same quarter last year. Research analysts anticipate that NVR, Inc. will post 496.62 EPS for the current fiscal year.

Hedge Funds Weigh In On NVR

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Massmutual Trust Co. FSB ADV increased 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 worth $39,000 after buying an additional 2 shares during the last quarter. Blue Trust Inc. purchased a new stake 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 worth approximately $46,000. Whittier Trust Co. of Nevada Inc. purchased a new position in NVR in the second quarter valued at approximately $53,000. Finally, UMB Bank n.a. grew its holdings in NVR by 57.1% during the second quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock valued at $83,000 after purchasing an additional 4 shares during the period. 83.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Bank of America decreased 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. UBS Group increased their price target on NVR from $8,450.00 to $9,450.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd.

View Our Latest Stock Report on NVR

About NVR

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for NVR (NYSE:NVR)

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