NVR (NYSE:NVR) Hits New 52-Week High – Here’s What Happened

NVR, Inc. (NYSE:NVR) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $9,930.21 and last traded at $9,905.00, with a volume of 4138 shares changing hands. The stock had previously closed at $9,768.29.

NVR Stock Performance

The firm’s fifty day simple moving average is $9,226.13 and its 200 day simple moving average is $8,295.66. The company has a market capitalization of $30.94 billion, a PE ratio of 20.36, a price-to-earnings-growth ratio of 2.53 and a beta of 1.19. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32.

NVR (NYSE:NVR) last posted its earnings results on Tuesday, July 23rd. The construction company reported $120.69 EPS for the quarter, missing the consensus estimate of $121.65 by ($0.96). NVR had a return on equity of 38.51% and a net margin of 16.83%. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.48 billion. On average, research analysts predict that NVR, Inc. will post 500.67 EPS for the current year.

Insider Buying and Selling at NVR

In other news, Director Susan Williamson Ross sold 125 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the sale, the director now directly owns 391 shares in the company, valued at $3,325,810.81. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Susan Williamson Ross sold 125 shares of the stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the transaction, the director now owns 391 shares in the company, valued at $3,325,810.81. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Alfred E. Festa sold 148 shares of the business’s stock in a transaction 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 directly owns 173 shares of the company’s stock, valued at approximately $1,485,369.35. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 648 shares of company stock valued at $5,547,709. Corporate insiders own 7.00% of the company’s stock.

Institutional Investors Weigh In On NVR

Institutional investors have recently bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of NVR by 1.3% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company’s stock valued at $44,791,000 after acquiring an additional 71 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in NVR by 3,377.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,504 shares of the construction company’s stock valued at $19,002,000 after purchasing an additional 2,432 shares in the last quarter. Sei Investments Co. boosted its stake in NVR by 89.6% during the 1st quarter. Sei Investments Co. now owns 2,653 shares of the construction company’s stock worth $21,489,000 after purchasing an additional 1,254 shares during the last quarter. Swedbank AB purchased a new stake in shares of NVR during the first quarter worth $931,000. Finally, Jane Street Group LLC raised its position in shares of NVR by 1,285.4% in the first quarter. Jane Street Group LLC now owns 568 shares of the construction company’s stock valued at $4,601,000 after buying an additional 527 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

About NVR

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.