Patrick O. Zalupski Sells 31,919 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 31,919 shares of Dream Finders Homes stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $31.06, for a total value of $991,404.14. Following the completion of the transaction, the chief executive officer now directly owns 725,000 shares in the company, valued at $22,518,500. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Dream Finders Homes Stock Down 4.1 %

NASDAQ DFH opened at $28.60 on Thursday. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of 9.35, a PEG ratio of 0.72 and a beta of 1.93. Dream Finders Homes, Inc. has a 52 week low of $23.46 and a 52 week high of $44.38. The company has a fifty day moving average of $33.19 and a two-hundred day moving average of $30.43.

Dream Finders Homes (NASDAQ:DFH) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.14). The company had revenue of $986.26 million for the quarter, compared to analysts’ expectations of $1.07 billion. Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. Dream Finders Homes’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period last year, the firm earned $0.75 earnings per share. Equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.35 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. nVerses Capital LLC increased its stake in Dream Finders Homes by 1,800.0% in the second quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock valued at $49,000 after purchasing an additional 1,800 shares during the last quarter. ORG Partners LLC purchased a new position in shares of Dream Finders Homes during the 2nd quarter worth approximately $68,000. Benjamin F. Edwards & Company Inc. boosted its holdings in Dream Finders Homes by 139.2% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,923 shares of the company’s stock worth $75,000 after buying an additional 1,701 shares in the last quarter. Palouse Capital Management Inc. acquired a new stake in Dream Finders Homes in the second quarter valued at $79,000. Finally, ORG Wealth Partners LLC acquired a new position in Dream Finders Homes during the third quarter worth about $105,000. Institutional investors and hedge funds own 95.55% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Bank of America upped their price objective on Dream Finders Homes from $35.00 to $38.00 and gave the company a “neutral” rating in a research report on Thursday, September 19th.

About Dream Finders Homes

Dream Finders Homes, Inc operates as a holding company for Dream Finders Homes LLC that engages in homebuilding business in the United States. The company operates through four segments: Southeast, Mid-Atlantic, Midwest, and Financial Services. It designs, constructs, and sells single-family entry-level, and first-time and second time move-up homes, as well as active adult homes and custom homes in Florida, Texas, Tennessee, North Carolina, South Carolina, Georgia, Colorado, and the Washington, DC metropolitan area.