Operative Builders
Standard Industrial Classification: SIC 1531
Industry Insider Sentiment Analysis
The Operative Builders sector (SIC 1531) acts as a critical barometer for broader economic health. Our real-time monitoring reveals total transactions. Monitoring "cluster buying" is one of the most reliable leading indicators for future sector performance. By analyzing aggregate data across this specific Standard Industrial Classification, investors can filter out individual company volatility and identify high-conviction trends. When multiple directors and officers within the same industry move capital simultaneously, it often signals an upcoming sector-wide revaluation or a fundamental shift in supply chain dynamics that has yet to be recognized by the broader public market.
| Filing Date | Trade Date | Ticker | Company | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023-08-18 00:19 | 2023-08-16 | KBH | KB HOME | LORA MELISSA | Director | SELL | $53.19 | 9,649 | $513,230 | 180,619 |
| 2023-08-18 00:59 | 2023-08-17 | KBH | KB HOME | HOLLINGER WILLIAM R | Officer | SELL | $50.65 | 4,529 | $229,394 | 155,769 |
| 2023-08-17 00:32 | 2023-08-14 | DFH | Dream Finders Homes, Inc. | Udelhofen Justin | Director | SELL | $28.78 | 45,000 | $1,295,082 | 51,833 |
| 2023-08-14 19:00 | 2023-08-10 | NVR | NVR INC | SAVILLE PAUL C | Officer | OPT+S | $6,300.00 | 300 | $1,890,000 | 106,860 |
| 2023-08-11 23:08 | 2023-08-09 | NVR | NVR INC | Malzahn Daniel David | Officer | OPT+S | $6,336.64 | 240 | $1,520,794 | 9,857 |
| 2023-08-10 21:08 | 2023-08-08 | NVR | NVR INC | SAVILLE PAUL C | Officer | OPT+S | $6,312.86 | 1,500 | $9,469,295 | 106,860 |
| 2023-08-09 18:09 | 2023-08-07 | NVR | NVR INC | Malzahn Daniel David | Officer | OPT+S | $6,329.36 | 2,046 | $12,949,880 | 9,658 |
| 2023-08-09 18:02 | 2023-08-07 | NVR | NVR INC | Kelpy Matthew B. | Officer | OPT+S | $6,365.63 | 400 | $2,546,250 | 230 |
| 2023-08-09 23:10 | 2023-08-07 | DHI | HORTON D R INC /DE/ | BUCHANAN MICHAEL R | Director | SELL | $127.03 | 1,639 | $208,202 | 470 |
| 2023-08-08 21:45 | 2023-08-04 | NVR | NVR INC | Bredow Eugene James | Officer | OPT+S | $6,349.98 | 1,918 | $12,179,255 | 1,851 |
| 2023-08-08 21:51 | 2023-08-04 | NVR | NVR INC | SAVILLE PAUL C | Officer | OPT+S | $6,320.36 | 2,500 | $15,800,910 | 106,860 |
| 2023-08-08 23:26 | 2023-08-07 | MTH | Meritage Homes CORP | AX PETER L | Director | SELL | $149.50 | 3,000 | $448,500 | 15,029 |
| 2023-08-04 22:36 | 2023-08-03 | PHM | PULTEGROUP INC/MI/ | Snyder Lila | Director | SELL | $80.73 | 4,000 | $322,936 | 5,540 |
| 2023-08-04 18:32 | 2023-08-02 | NVR | NVR INC | SAVILLE PAUL C | Officer | OPT+S | $6,248.13 | 1,700 | $10,621,826 | 106,860 |
| 2023-08-03 18:34 | 2023-08-02 | NVR | NVR INC | Ross Susan Williamson | Director | OPT+S | $6,300.00 | 125 | $787,500 | 405 |
| 2023-08-02 23:25 | 2023-08-01 | MTH | Meritage Homes CORP | Sasser Alison | Officer | SELL | $150.00 | 481 | $72,150 | 0 |
| 2023-08-02 23:24 | 2023-08-01 | MTH | Meritage Homes CORP | Lord Phillippe | Director, Officer | SELL | $149.03 | 1,350 | $201,191 | 43,091 |
| 2023-08-02 23:59 | 2023-07-31 | NVR | NVR INC | Bredow Eugene James | Officer | OPT+S | $6,324.11 | 582 | $3,680,630 | 1,851 |
| 2023-08-02 23:17 | 2023-08-02 | TPH | Tri Pointe Homes, Inc. | BURROWS LAWRENCE B. | Director | SELL | $31.48 | 7,677 | $241,672 | 86,891 |
| 2023-08-01 23:08 | 2023-08-01 | MHO | M/I HOMES, INC. | Krohne Susan E | Officer | OPT+S | $100.22 | 5,500 | $551,213 | 0 |
| 2023-08-01 23:15 | 2023-07-31 | MTH | Meritage Homes CORP | Feliciano Javier | Officer | SELL | $148.87 | 1,500 | $223,305 | 13,094 |
| 2023-08-01 23:16 | 2023-07-31 | MTH | Meritage Homes CORP | Sferruzza Hilla | Officer | SELL | $150.04 | 6,700 | $1,005,268 | 36,218 |
| 2023-08-01 23:07 | 2023-08-01 | MHO | M/I HOMES, INC. | CREEK PHILLIP G | Director, Officer | OPT+S | $100.00 | 1,534 | $153,400 | 6,513 |
| 2023-08-01 23:06 | 2023-07-31 | MHO | M/I HOMES, INC. | CREEK PHILLIP G | Director, Officer | OPT+S | $100.01 | 53,466 | $5,347,386 | 6,513 |
| 2023-07-31 21:53 | 2023-07-27 | NVR | NVR INC | SAVILLE PAUL C | Officer | OPT+S | $6,352.04 | 2,850 | $18,103,307 | 106,860 |
| 2023-07-31 23:12 | 2023-07-28 | MHO | M/I HOMES, INC. | SCHOTTENSTEIN ROBERT H | Director, Officer | SELL | $99.42 | 1,441 | $143,261 | 98,886 |
| 2023-07-31 23:11 | 2023-07-28 | MHO | M/I HOMES, INC. | SCHOTTENSTEIN ROBERT H | Director, Officer | SELL | $99.18 | 9,408 | $933,059 | 100,327 |
| 2023-07-31 23:09 | 2023-07-28 | MHO | M/I HOMES, INC. | SCHOTTENSTEIN ROBERT H | Director, Officer | SELL | $98.87 | 6,607 | $653,249 | 109,735 |
| 2023-07-31 23:08 | 2023-07-28 | MHO | M/I HOMES, INC. | SCHOTTENSTEIN ROBERT H | Director, Officer | SELL | $98.65 | 10,088 | $995,196 | 116,342 |
| 2023-07-31 23:07 | 2023-07-28 | MHO | M/I HOMES, INC. | SCHOTTENSTEIN ROBERT H | Director, Officer | SELL | $98.38 | 7,125 | $700,940 | 126,430 |
| 2023-07-31 23:05 | 2023-07-28 | MHO | M/I HOMES, INC. | SCHOTTENSTEIN ROBERT H | Director, Officer | OPT+S | $98.12 | 5,331 | $523,055 | 133,555 |
| 2023-07-22 00:45 | 2023-07-20 | TMHC | Taylor Morrison Home Corp | LYON WILLIAM H | Director | SELL | $52.06 | 600 | $31,236 | 3,143,260 |
| 2023-07-20 01:10 | 2023-07-18 | TMHC | Taylor Morrison Home Corp | LYON WILLIAM H | Director | SELL | $52.00 | 36,398 | $1,892,696 | 7,427 |
| 2023-07-14 23:04 | 2023-07-12 | TMHC | Taylor Morrison Home Corp | LYON WILLIAM H | Director | SELL | $50.09 | 112,000 | $5,609,531 | 8,127 |
| 2023-07-15 00:05 | 2023-07-14 | TOL | Toll Brothers, Inc. | Yearley Douglas C. Jr. | Director, Officer | OPT+S | $83.25 | 20,000 | $1,665,082 | 246,547 |
| 2023-07-13 23:10 | 2023-07-12 | TOL | Toll Brothers, Inc. | Grubb Michael J. | Officer | SELL | $81.43 | 500 | $40,715 | 1,204 |
| 2023-07-13 23:06 | 2023-07-12 | TOL | Toll Brothers, Inc. | Connor Martin P. | Officer | OPT+S | $81.60 | 4,658 | $380,097 | 47,414 |
| 2023-07-13 23:14 | 2023-07-13 | TOL | Toll Brothers, Inc. | Yearley Douglas C. Jr. | Director, Officer | OPT+S | $81.90 | 50,000 | $4,094,920 | 246,547 |
| 2023-07-12 23:41 | 2023-07-11 | HOV | HOVNANIAN ENTERPRISES INC | HOVNANIAN ARA K | Director, Officer, 10% owner | SELL | $96.72 | 500 | $48,359 | 51,075 |
| 2023-07-12 23:24 | 2023-07-11 | KBH | KB HOME | Kaminski Jeff | Officer | OPT+S | $51.15 | 108,396 | $5,544,455 | 152,626 |
| 2023-07-06 23:06 | 2023-07-05 | TOL | Toll Brothers, Inc. | MARBACH CARL B | Director | SELL | $78.42 | 2,000 | $156,840 | 51,066 |
| 2023-07-06 01:10 | 2023-06-30 | HOV | HOVNANIAN ENTERPRISES INC | HOVNANIAN ARA K | Director, Officer, 10% owner | SELL | $95.28 | 7,803 | $743,496 | 63,505 |
| 2023-07-05 23:04 | 2023-07-03 | TMHC | Taylor Morrison Home Corp | LYON WILLIAM H | Director | SELL | $49.03 | 2,000 | $98,060 | 108,570 |
| 2023-06-30 19:20 | 2023-06-29 | HOV | HOVNANIAN ENTERPRISES INC | HOVNANIAN ARA K | Director, Officer, 10% owner | SELL | $95.06 | 2,197 | $208,851 | 71,308 |
| 2023-06-29 23:03 | 2023-06-28 | TMHC | Taylor Morrison Home Corp | LYON WILLIAM H | Director | SELL | $48.13 | 74,896 | $3,604,744 | 3,277,316 |
| 2023-06-29 23:01 | 2023-06-28 | TOL | Toll Brothers, Inc. | Yearley Douglas C. Jr. | Director, Officer | OPT+S | $78.63 | 50,000 | $3,931,450 | 246,547 |
| 2023-06-29 01:54 | 2023-06-27 | HOV | HOVNANIAN ENTERPRISES INC | HOVNANIAN ARA K | Director, Officer, 10% owner | SELL | $95.08 | 23,307 | $2,215,976 | 62,475 |
| 2023-06-28 23:03 | 2023-06-27 | TMHC | Taylor Morrison Home Corp | LYON WILLIAM H | Director | SELL | $48.05 | 31,168 | $1,497,694 | 15,127 |
| 2023-06-28 00:01 | 2023-06-23 | HOV | HOVNANIAN ENTERPRISES INC | HOVNANIAN ARA K | Director, Officer, 10% owner | SELL | $95.00 | 917 | $87,115 | 74,525 |
| 2023-06-27 01:45 | 2023-06-23 | UHG | United Homes Group, Inc. | Antara Capital LP | 10% owner | SELL | $11.50 | 123,128 | $1,415,972 | 1,126,872 |
Sector-Wide Insider Alpha
Analyzing insider movements across the Operative Builders sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (1531) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.
SEC Filings in Operative Builders
Every transaction in the Operative Builders industry is reported via Form 4 disclosures. By filtering these filings by industry, investors can detect institutional-scale sentiment shifts before they are reflected in broader market indices, following the capital flow of those with intimate industry knowledge.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.