Insider Selling: Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Sells 16,987 Shares of Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 16,987 shares of the stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $33.09, for a total transaction of $562,099.83. Following the sale, the chief executive officer now owns 877,341 shares of the company’s stock, valued at approximately $29,031,213.69. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Dream Finders Homes Price Performance

Shares of DFH opened at $32.74 on Monday. Dream Finders Homes, Inc. has a one year low of $18.29 and a one year high of $44.38. The company has a 50-day simple moving average of $32.31 and a two-hundred day simple moving average of $31.43. The firm has a market capitalization of $3.05 billion, a PE ratio of 11.10, a price-to-earnings-growth ratio of 0.75 and a beta of 1.89.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.77 by $0.04. Dream Finders Homes had a net margin of 8.00% and a return on equity of 32.99%. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the business posted $0.65 earnings per share. Dream Finders Homes’s quarterly revenue was up 11.9% compared to the same quarter last year. Analysts expect that Dream Finders Homes, Inc. will post 3.22 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Dream Finders Homes

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Dream Finders Homes by 2.2% during the first quarter. Vanguard Group Inc. now owns 2,115,337 shares of the company’s stock valued at $92,504,000 after purchasing an additional 45,890 shares during the last quarter. Cooke & Bieler LP increased its position in shares of Dream Finders Homes by 17.5% during the second quarter. Cooke & Bieler LP now owns 1,866,067 shares of the company’s stock valued at $48,182,000 after acquiring an additional 277,499 shares in the last quarter. Hood River Capital Management LLC increased its position in shares of Dream Finders Homes by 23.7% during the first quarter. Hood River Capital Management LLC now owns 516,071 shares of the company’s stock valued at $22,568,000 after acquiring an additional 98,922 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Dream Finders Homes by 55.4% during the second quarter. Dimensional Fund Advisors LP now owns 420,592 shares of the company’s stock valued at $10,859,000 after acquiring an additional 150,026 shares in the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of Dream Finders Homes by 57.9% during the second quarter. Renaissance Technologies LLC now owns 343,110 shares of the company’s stock valued at $8,859,000 after acquiring an additional 125,800 shares in the last quarter. 95.55% of the stock is currently owned by hedge funds and other 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.