Nvr Inc (NVR) Files Form 4 Insider Selling : Alfred E Festa Sells 1,592 Shares

Nvr Inc (NVR): Alfred E Festa , director of Nvr Inc sold 1,592 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $1,625.00 per share for a total value of $2,587,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 26, 2016, Melquiades R. Martinez (director) sold 50 shares at $1,673.78 per share price.On Mar 1, 2016, Paul W Whetsell (director) sold 1,000 shares at $1,622.56 per share price.Also, On Mar 1, 2016, Jeffrey D Martchek (President of Homebuilding Ops) sold 750 shares at $1,625.00 per share price.On Feb 22, 2016, Eugene James Bredow (Controller) sold 300 shares at $1,580.00 per share price.

Shares of NVR (NVR) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -9.5 points or -0.58% at $1636 with 30,496 shares getting traded. Post opening the session at $1621, the shares hit an intraday low of $1606.75 and an intraday high of $1651.02 and the price vacillated in this range throughout the day. The company has a market cap of $6,375 M and the number of outstanding shares has been calculated to be 38,96,889 shares. The 52-week high of NVR is $1820 and the 52-week low is $1292.11.

NVR Money Flow Index Chart

NVR Inc. is engaged in the construction and sale of single-family detached homes townhomes and condominium buildings. The Company also operates a mortgage banking and title services business through its wholly owned subsidiary NVR Mortgage Finance Inc. (NVRM). The Company provides single-family detached homes townhomes and condominium buildings with basic home designs. The Company’s home building activities combine traditional transitional cottage or urban exterior designs with contemporary interior designs and amenities which include two to four bedrooms and range from approximately 800 to 7300 square feet. The Company provides mortgage related services to home building customers through mortgage banking operations. The mortgage banking operations include separate subsidiaries that broker title insurance and perform title searches in connection with mortgage loan closings for which they receive commissions and fees.

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