Tags: Homebuilder | Insiders | Unloading | Stock

Homebuilder Insiders Unloading Stock

Tuesday, 09 August 2005 12:00 AM

Execs at NVR have sold stock for $125.4 million this year, compared with $54.3 million in the first half of 2004.

Hovnanian Enterprises executives have unloaded $39.5 million in stock this year, after selling just $900,000 worth in the same period of 2004, and Lennar execs have cashed out for $32.5 million, eight times the amount from the first six months of last year.

Forbes reports: "Makes you wonder if there's anything to the Fed chairman's repeated mumblings about ‘froth' in the housing market."

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Execs at NVR have sold stock for $125.4 million this year, compared with $54.3 million in the first half of 2004. Hovnanian Enterprises executives have unloaded $39.5 million in stock this year, after selling just $900,000 worth in the same period of 2004, and Lennar execs...
Homebuilder,Insiders,Unloading,Stock
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2005-00-09
Tuesday, 09 August 2005 12:00 AM
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