On February 13, 2024, Susan Ross, a director at NVR Inc (NVR, Financial), executed a sale of 250 shares of the company's stock, according to a recent SEC Filing. The transaction was carried out at a price of $7344.94 per share, resulting in a total sale amount of $1,836,235.
NVR Inc is a homebuilding and mortgage banking company that operates in various states across the United States. The company's homebuilding unit sells and constructs homes under the Ryan Homes, NVHomes, and Heartland Homes brands. NVR's mortgage banking operations provide mortgage-related services to its homebuilding customers.
Over the past year, the insider has sold a cumulative total of 625 shares and has not made any share purchases. This latest transaction continues a pattern of insider sales at NVR Inc, with a total of 46 insider sells and no insider buys reported over the past year.
Shares of NVR Inc were trading at $7344.94 on the day of the insider's recent sale, giving the company a market capitalization of $23.798 billion. The price-earnings ratio stands at 16.08, which is above the industry median of 10.09 but below the company's historical median price-earnings ratio.
According to the GF Value metric, with a current price of $7344.94 and a GuruFocus Value of $6017.35, NVR Inc has a price-to-GF-Value ratio of 1.22, indicating that the stock is considered Modestly Overvalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
