Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski Sells 18,214 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 18,214 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $27.46, for a total value of $500,156.44. Following the sale, the chief executive officer now owns 1,956,353 shares of the company’s stock, valued at approximately $53,721,453.38. This represents a 0.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Dream Finders Homes Trading Down 6.6 %

NASDAQ DFH traded down $1.68 during trading hours on Thursday, hitting $23.70. The company’s stock had a trading volume of 1,607,656 shares, compared to its average volume of 469,729. The company has a market capitalization of $2.22 billion, a PE ratio of 7.75, a price-to-earnings-growth ratio of 0.72 and a beta of 1.93. Dream Finders Homes, Inc. has a 52 week low of $22.95 and a 52 week high of $44.38. The company’s 50-day simple moving average is $31.22 and its two-hundred day simple moving average is $30.45.

Dream Finders Homes (NASDAQ:DFH) last posted its earnings results 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 during the quarter, compared to the consensus estimate of $1.07 billion. Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.75 EPS. Research analysts anticipate that Dream Finders Homes, Inc. will post 3.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Dream Finders Homes

Large investors have recently bought and sold shares of the stock. Mark Sheptoff Financial Planning LLC bought a new position in shares of Dream Finders Homes during the 3rd quarter worth approximately $33,000. nVerses Capital LLC boosted its position 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 worth $49,000 after purchasing an additional 1,800 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Dream Finders Homes in the third quarter worth $63,000. Benjamin F. Edwards & Company Inc. grew its stake in Dream Finders Homes by 139.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,923 shares of the company’s stock valued at $75,000 after purchasing an additional 1,701 shares during the period. Finally, Palouse Capital Management Inc. purchased a new stake in shares of Dream Finders Homes during the 2nd quarter valued at $79,000. 95.55% of the stock is currently owned by institutional investors.

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.