Nvr Inc (NVR): Jeffrey D Martchek , President of Homebuilding Ops of Nvr Inc sold 750 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $1,695.00 per share for a total value of $1,271,250.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 9, 2016, Alfred E Festa (director) sold 1,592 shares at $1,625.00 per share price.On Apr 26, 2016, Melquiades R. Martinez (director) sold 50 shares at $1,673.78 per share price.Also, On Mar 1, 2016, Paul W Whetsell (director) sold 1,000 shares at $1,622.56 per share price.On Mar 1, 2016, Jeffrey D Martchek (President of Homebuilding Ops) sold 750 shares at $1,625.00 per share price.
NVR: On Friday, May 20, 2016 heightened volatility was witnessed in NVR which led to swings in the share price. The shares opened for trading at $1689.89 and hit $1707.25 on the upside , eventually ending the session at $1694.97, with a gain of 1.19% or 19.97 points. The heightened volatility saw the trading volume jump to 17,369 shares. The 52-week high of the share price is $1820 and the company has a market cap of $6,605 M . The 52-week low of the share price is at $1317.23.
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.