Transaction details
On February 13, 2026, Ross Susan Williamson, a director at NVR Inc. (NYSE: NVR), sold 200 shares of the company's common stock for a total of $7,922.06 and in aggregate for $1.58 million. On the same date Williamson exercised options to acquire 200 shares at an exercise price of $1,700, representing a total option value of $340,000.
Following these actions, Williamson directly holds 386 shares of NVR common stock and retains 238 stock options.
Quarterly performance and analyst response
NVR reported fourth-quarter 2025 earnings per share of $121.54, a result that exceeded several analyst forecasts. BTIG had estimated EPS at $105.07 while the consensus forecast was $105.91. The company attributed the outperformance to robust revenue growth in its primary homebuilding operations and disciplined management of selling, general, and administrative expenses.
Analysts reacted positively to the results. BTIG reiterated a Buy rating on NVR and maintained a price target of $9,022. BofA Securities raised its price target to $8,600 from $8,400 while retaining a Buy rating. Separately, BTIG initiated coverage on NVR with a Buy rating, noting the company’s strategic deployment of its production facility network and its land bank. BTIG highlighted that the operating approach has produced high returns on equity and delivered shareholder value over time.
Context and implications
The insider transaction and the earnings release together provide insight into both individual director activity and the company’s recent financial momentum. The details of Williamson’s sale and option exercise are a matter of public record and the company’s fourth-quarter performance has drawn supportive commentary from major brokerages.
Takeaway
Investors will likely note the combination of a sizeable director sale and the company’s strong quarterly results, alongside analyst endorsements and higher price targets. The data points in this report are limited to the described transactions, ownership amounts, the reported EPS figure, and the analyst actions stated above.