Sei Investments Co. Sells 184 Shares of NVR, Inc. (NYSE:NVR)

Sei Investments Co. cut its holdings in shares of NVR, Inc. (NYSE:NVR) by 6.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,469 shares of the construction company’s stock after selling 184 shares during the period. Sei Investments Co. owned about 0.08% of NVR worth $18,736,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Valued Wealth Advisors LLC lifted its position in shares of NVR by 100.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after buying an additional 2 shares during the last quarter. Redwood Wealth Management Group LLC acquired a new stake in shares of NVR during the 2nd quarter valued at $46,000. Whittier Trust Co. of Nevada Inc. bought a new stake in NVR during the 2nd quarter worth $53,000. Mather Group LLC. acquired a new position in NVR in the 1st quarter worth about $73,000. Finally, UMB Bank n.a. raised its position in NVR by 57.1% in 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 last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Stock Performance

NYSE:NVR opened at $9,516.84 on Thursday. The stock’s 50-day moving average is $8,906.22 and its 200-day moving average is $8,115.25. The stock has a market cap of $29.31 billion, a P/E ratio of 19.84, a price-to-earnings-growth ratio of 2.55 and a beta of 1.18. NVR, Inc. has a 1-year low of $5,210.49 and a 1-year high of $9,764.16. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22.

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

Insiders Place Their Bets

In other news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction dated 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 owns 230 shares of the company’s stock, valued at $1,955,000. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, CAO Matthew B. Kelpy sold 200 shares of the firm’s stock in a transaction that occurred on 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 owns 230 shares of the company’s stock, valued at $1,955,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the director now directly owns 391 shares of the company’s stock, valued at approximately $3,325,810.81. The disclosure for this sale can be found here. In the last three months, insiders have sold 648 shares of company stock valued at $5,547,709. 7.00% of the stock is currently owned by company insiders.

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.