Hollencrest Capital Management Sells 20 Shares of NVR, Inc. (NYSE:NVR)

Hollencrest Capital Management lowered its stake in NVR, Inc. (NYSE:NVR) by 55.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16 shares of the construction company’s stock after selling 20 shares during the quarter. Hollencrest Capital Management’s holdings in NVR were worth $121,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. boosted its holdings in NVR by 0.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 305 shares of the construction company’s stock worth $2,135,000 after acquiring an additional 2 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in NVR by 0.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 214 shares of the construction company’s stock valued at $1,498,000 after purchasing an additional 2 shares during the period. Gulf International Bank UK Ltd grew its position in NVR by 0.8% in the 1st quarter. Gulf International Bank UK Ltd now owns 267 shares of the construction company’s stock valued at $2,162,000 after purchasing an additional 2 shares during the period. Valued Wealth Advisors LLC increased its stake in NVR by 100.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock valued at $32,000 after purchasing an additional 2 shares in the last quarter. Finally, Smith Group Asset Management LLC raised its holdings in NVR by 1.0% during the first quarter. Smith Group Asset Management LLC now owns 212 shares of the construction company’s stock worth $1,717,000 after buying an additional 2 shares during the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

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 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 Securities & Exchange Commission, which is available at this link. In related news, Director Alfred E. Festa sold 148 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $8,585.95, for a total transaction of $1,270,720.60. Following the transaction, the director now directly owns 173 shares in the company, valued at $1,485,369.35. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction dated 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 owns 230 shares of the company’s stock, valued at approximately $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. Insiders own 7.00% of the company’s stock.

NVR Stock Down 1.9 %

Shares of NYSE NVR opened at $9,473.01 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. The company has a 50-day moving average price of $8,798.26 and a 200-day moving average price of $8,058.53. The stock has a market capitalization of $29.68 billion, a P/E ratio of 19.74, a P/E/G ratio of 2.39 and a beta of 1.18. NVR, Inc. has a 1 year low of $5,210.49 and a 1 year high of $9,696.86.

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

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.