Sanctuary Advisors LLC bought a new stake in NVR, Inc. (NYSE:NVR – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 90 shares of the construction company’s stock, valued at approximately $689,000.
Several other institutional investors also recently added to or reduced their stakes in NVR. TD Asset Management Inc boosted its position in shares of NVR by 143.8% in the second quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock valued at $182,277,000 after acquiring an additional 14,167 shares during the period. Acadian Asset Management LLC boosted its holdings in NVR by 321.1% in the 1st quarter. Acadian Asset Management LLC now owns 14,371 shares of the construction company’s stock valued at $116,389,000 after purchasing an additional 10,958 shares during the period. Jacobs Levy Equity Management Inc. grew its position in NVR by 98.9% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 17,469 shares of the construction company’s stock worth $141,498,000 after purchasing an additional 8,684 shares during the last quarter. Epoch Investment Partners Inc. increased its holdings in shares of NVR by 56.0% during the 2nd quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company’s stock worth $172,109,000 after purchasing an additional 8,140 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of NVR by 108.3% during the first quarter. Russell Investments Group Ltd. now owns 12,147 shares of the construction company’s stock valued at $98,215,000 after buying an additional 6,315 shares during the last quarter. 83.67% of the stock is owned by institutional investors.
Insider Buying and Selling
In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the business’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,955,000. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, Director Susan Williamson Ross sold 125 shares of the firm’s 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 completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the business’s stock in a transaction on Friday, August 9th. The shares were 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 in the company, valued at approximately $1,955,000. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 648 shares of company stock valued at $5,547,709 over the last ninety days. 7.00% of the stock is owned by company insiders.
NVR Stock Up 0.5 %
NVR (NYSE:NVR – Get Free Report) last announced 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). The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.48 billion. NVR had a return on equity of 38.51% and a net margin of 16.83%. On average, research analysts forecast that NVR, Inc. will post 500.67 EPS for the current year.
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.
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