NVR, Inc. (NYSE:NVR) Shares Sold by Forsta AP Fonden

Forsta AP Fonden reduced its position in shares of NVR, Inc. (NYSE:NVR) by 10.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 530 shares of the construction company’s stock after selling 60 shares during the period. Forsta AP Fonden’s holdings in NVR were worth $4,022,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. grew its holdings in NVR by 7.1% during the second quarter. American Century Companies Inc. now owns 3,339 shares of the construction company’s stock worth $25,338,000 after acquiring an additional 220 shares during the period. Headlands Technologies LLC grew its holdings in NVR by 283.3% during the second quarter. Headlands Technologies LLC now owns 69 shares of the construction company’s stock worth $524,000 after acquiring an additional 51 shares during the period. Daiwa Securities Group Inc. grew its holdings in NVR by 2.3% during the second quarter. Daiwa Securities Group Inc. now owns 396 shares of the construction company’s stock worth $3,005,000 after acquiring an additional 9 shares during the period. Andra AP fonden grew its holdings in NVR by 19.0% during the second quarter. Andra AP fonden now owns 1,940 shares of the construction company’s stock worth $14,722,000 after acquiring an additional 310 shares during the period. Finally, Royal London Asset Management Ltd. grew its holdings in NVR by 0.9% during the second quarter. Royal London Asset Management Ltd. now owns 2,164 shares of the construction company’s stock worth $16,422,000 after acquiring an additional 20 shares during the period. 83.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity at NVR

In related news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction 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 owns 230 shares in the company, valued at approximately $1,955,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the firm’s stock in a transaction dated Friday, August 9th. The stock was 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 in the company, valued at approximately $1,955,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Matthew B. Kelpy sold 175 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $8,650.00, for a total value of $1,513,750.00. Following the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,989,500. The disclosure for this sale can be found here. Insiders sold 648 shares of company stock worth $5,547,709 in the last quarter. 7.00% of the stock is owned by company insiders.

NVR Price Performance

NYSE:NVR opened at $9,369.58 on Friday. The business’s 50-day moving average price is $8,649.64 and its 200 day moving average price is $8,008.91. The firm has a market cap of $28.86 billion, a P/E ratio of 19.53, a PEG ratio of 2.39 and a beta of 1.18. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $9,423.00. The company has a quick ratio of 3.32, a current ratio of 5.84 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVR) last released its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 earnings per share 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 during the quarter, compared to analyst estimates of $2.48 billion. As a group, sell-side analysts predict that NVR, Inc. will post 500.67 earnings per share for the current fiscal year.

NVR 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.