) --


(NVR) - Get Report

chief executive Paul C. Saville has been divesting his stake in the company he runs.


homebuilder's CEO sold 6,000 shares of NVR on Nov. 19 for an average price of $614.80 per share. As of Nov. 18 according to

Thompson Reuters

, Saville owned approximately 145,000 shares, or roughly 2.6%

>>Homebuilder Stocks: Behind the Numbers

Earlier this month, Saville sold a total of 43,000 shares through four previous transactions -- on Nov. 18 he sold 10,000 shares at an average price of $620.15; on Nov. 16 he sold 2,700 shares at an average price of $623.53; on Nov. 12 he sold 10,300 shares at an average price of $634.55; and on Nov. 10 he sold 20,000 shares at an average price of $643.16. A list of Saville's sales was compiled by


In August, NVR director John M. Toups sold 4,000 shares at an average price of $616.53.

NVR shares traded 0.3% lower to $614.36 at midday on Tuesday.

-- Written by Miriam Marcus Reimer in New York.

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