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Insider Trends: Insider 90-Day Selling Trend Extended at NVR

05/11/2021 13:28

05:26 PM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, CEO, Paul C Saville, executed a sale of 3,460 shares in NVR (NVR) for $18,064,668. Saville, after the transactions defined in the SEC Form 4 filing, controls 116,188 shares of the company of which 108,400 shares are held directly and 7,788 shares are owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $606 million.

This is the first insider transaction for the company in the last 90 days. This compares with the preceding 90-day window of time where there were 17 transactions from 6 insiders which resulted in the net acquisition of 1,735 shares.

This level of transactions is below that of the peer group average in the 10-company Residential Builders - Single Homes peer group over the last 90-day period. Peer group activity averaged 130.4 transactions per company, and disposition of 466,382 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/906163/000090616321000064/xslF345X03/wf-form4_162076824111339.xml

[Disclaimer]
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.