GuruFocus - On July 29, 2024, Director Alfred Festa sold 148 shares of NVR Inc (NYSE:NVR), as reported in a recent SEC Filing. Following this transaction, the insider now owns 173 shares of the company. The shares were sold at a price of $8,585.95, valuing the transaction at approximately $1,270,721.10.
NVR Inc (NYSE:NVR) is a prominent player in the construction and real estate industry, primarily engaged in the construction of single-family detached homes, townhomes, and condominium buildings. The company also operates a mortgage banking and title services business, primarily serving the buyers of its homes.
The recent transaction by Director Alfred Festa is part of a broader trend observed over the past year, where there have been 47 insider sells and no insider buys. This pattern reflects a significant level of insider selling activity relative to buying within the company.
Regarding the company's valuation, NVR Inc's shares are currently trading at a price-earnings ratio of 17.81, which is above the industry median of 12.405. This ratio is also higher than the company's historical median, indicating a premium compared to historical levels. The market cap of NVR Inc stands at $26.641 billion.
The stock's current price also reflects a significant premium according to the GF Value, with a price-to-GF-Value ratio of 1.41, suggesting that the stock is Significantly Overvalued. The GF Value of $6,086.75 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates.
This insider sell event and the current valuation metrics provide critical data points for investors monitoring NVR Inc's stock performance and insider activities.
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.
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