Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski Sells 7,407 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 7,407 shares of the firm’s stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of $25.25, for a total transaction of $187,026.75. Following the transaction, the chief executive officer now directly owns 1,216,359 shares in the company, valued at approximately $30,713,064.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Dream Finders Homes Trading Up 1.3 %

NASDAQ:DFH opened at $25.85 on Friday. The company has a market cap of $2.41 billion, a PE ratio of 8.76, a P/E/G ratio of 0.52 and a beta of 1.93. Dream Finders Homes, Inc. has a twelve month low of $18.29 and a twelve month high of $44.38. The company’s 50 day moving average is $29.24 and its two-hundred day moving average is $33.41.

Dream Finders Homes (NASDAQ:DFH) last released its earnings results on Thursday, May 2nd. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.11). The company had revenue of $827.80 million for the quarter, compared to analysts’ expectations of $886.34 million. Dream Finders Homes had a return on equity of 34.31% and a net margin of 7.91%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.45 EPS. As a group, analysts expect that Dream Finders Homes, Inc. will post 3.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on DFH shares. TheStreet raised shares of Dream Finders Homes from a “c” rating to a “b” rating in a research report on Friday, March 1st. Wedbush reaffirmed a “neutral” rating and issued a $24.00 price objective on shares of Dream Finders Homes in a research report on Thursday, May 2nd. Zelman & Associates raised shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating and set a $34.50 price objective on the stock in a research report on Monday, May 13th. Finally, Bank of America lifted their price objective on shares of Dream Finders Homes from $29.00 to $45.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 2nd.

Institutional Trading of Dream Finders Homes

Institutional investors and hedge funds have recently bought and sold shares of the business. Naples Money Management LLC acquired a new stake in Dream Finders Homes during the 1st quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Dream Finders Homes during the fourth quarter worth $46,000. Avalon Trust Co acquired a new position in Dream Finders Homes during the fourth quarter worth $48,000. Benjamin F. Edwards & Company Inc. raised its position in Dream Finders Homes by 926.9% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock worth $54,000 after acquiring an additional 1,103 shares during the period. Finally, Global Retirement Partners LLC raised its position in Dream Finders Homes by 1,000.0% during the first quarter. Global Retirement Partners LLC now owns 2,200 shares of the company’s stock worth $96,000 after acquiring an additional 2,000 shares during the period. 95.55% of the stock is currently owned by institutional investors and hedge funds.

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.