Rep. Robert Bresnahan, Jr. Sells NVR, Inc. (NYSE:NVR) Stock

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of NVR, Inc. (NYSE:NVR). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in NVR stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.

NVR Price Performance

NYSE NVR opened at $7,359.53 on Friday. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21. The company has a fifty day simple moving average of $8,122.07 and a 200 day simple moving average of $8,815.90. The company has a market cap of $22.52 billion, a P/E ratio of 14.50, a P/E/G ratio of 2.51 and a beta of 1.20. NVR, Inc. has a 1 year low of $7,227.09 and a 1 year high of $9,964.77.

NVR (NYSE:NVR) last posted its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.58%. On average, sell-side analysts predict that NVR, Inc. will post 512.33 EPS for the current year.

NVR declared that its Board of Directors has approved a stock buyback program on Wednesday, December 11th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 2.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In related news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the completion of the sale, the director now owns 1,050 shares in the company, valued at $7,891,380. This trade represents a 11.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 7.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

NVR has been the subject of a number of research reports. JPMorgan Chase & Co. reduced their price target on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. Seaport Res Ptn downgraded shares of NVR from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 10th. StockNews.com downgraded shares of NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. UBS Group increased their price target on shares of NVR from $8,750.00 to $8,900.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Finally, Bank of America reduced their price target on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $9,356.67.

Hedge Funds Weigh In On NVR

Hedge funds and other institutional investors have recently made changes to their positions in the business. Blue Trust Inc. bought a new position in shares of NVR during the 3rd quarter worth about $39,000. JPMorgan Chase & Co. increased its position in shares of NVR by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company’s stock worth $136,580,000 after purchasing an additional 2,206 shares in the last quarter. Peak Financial Advisors LLC acquired a new stake in shares of NVR during the 4th quarter worth about $1,235,000. Intech Investment Management LLC acquired a new stake in shares of NVR during the 3rd quarter worth about $9,341,000. Finally, Brown Brothers Harriman & Co. increased its position in shares of NVR by 11.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,514 shares of the construction company’s stock worth $24,667,000 after purchasing an additional 250 shares in the last quarter. 83.67% of the stock is owned by institutional investors.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About NVR

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.