Wednesday, November 08, 2017 10:15 PM ET
Insider Sale at NVR (NVR) Continues Selling Trend
A filing with the SEC today indicated a substantial insider sale of NVR shares as — William A Moran, Director — sold 4,949 shares in the company having a market value of approximately $16,143,586. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 158 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 5,107 shares and have averaged 2,554 shares per transaction over this time period.
The number of insider buy/sell trades at NVR is above that of the 9 peer company average over the last 90-day period. The Residential Builders – Single Homes peer group saw 13 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by NVR insiders is lower than its peers. Within the peer group there were 0 shares purchased and 4,406,316 shares sold with company insiders having sold 338,947 shares on average over this time period.
The data sourced in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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