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NVR (NVR) Initiated with a Hold at Truist Financial

Tipranks - Wed Mar 4, 3:50PM CST

Truist Financial analyst initiated coverage with a Hold rating on NVR today and set a price target of $7,700.00.

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In addition to Truist Financial, NVR also received a Hold from TipRanks – Anthropic’s Anthropic Residential Construction in a report issued on February 27. However, on the same day, TipRanks – xAI reiterated a Buy rating on NVR (NYSE: NVR).

Based on NVR’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.71 billion and a net profit of $363.82 million. In comparison, last year the company earned a revenue of $2.85 billion and had a net profit of $457.43 million

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NVR in relation to earlier this year. Last month, Susan Williamson Ross, a Director at NVR sold 200.00 shares for a total of $1,584,412.00.

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