Insider Selling: Dream Finders Homes, Inc. (NASDAQ:DFH) Director Sells $353,160.72 in Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) Director William Radford Lovett II sold 10,492 shares of Dream Finders Homes stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $33.66, for a total transaction of $353,160.72. Following the completion of the sale, the director now directly owns 4,667,800 shares in the company, valued at $157,118,148. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

William Radford Lovett II also recently made the following trade(s):

• On Thursday, October 3rd, William Radford Lovett II sold 9,869 shares of Dream Finders Homes stock. The stock was sold at an average price of $34.84, for a total transaction of $343,835.96.
• On Thursday, September 19th, William Radford Lovett II sold 32,724 shares of Dream Finders Homes stock. The shares were sold at an average price of $37.72, for a total transaction of $1,234,349.28.
• On Monday, September 16th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The stock was sold at an average price of $34.50, for a total transaction of $1,035,000.00.
• On Thursday, September 12th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The shares were sold at an average price of $32.55, for a total transaction of $976,500.00.
• On Thursday, September 5th, William Radford Lovett II sold 8,698 shares of Dream Finders Homes stock. The shares were sold at an average price of $30.39, for a total value of $264,332.22.
• On Thursday, August 22nd, William Radford Lovett II sold 16,466 shares of Dream Finders Homes stock. The stock was sold at an average price of $30.73, for a total value of $506,000.18.
• On Wednesday, August 7th, William Radford Lovett II sold 798 shares of Dream Finders Homes stock. The shares were sold at an average price of $28.05, for a total value of $22,383.90.

Dream Finders Homes Price Performance

DFH opened at $32.09 on Thursday. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 10.88, a price-to-earnings-growth ratio of 0.75 and a beta of 1.89. The company’s 50 day simple moving average is $33.18 and its two-hundred day simple moving average is $30.98. Dream Finders Homes, Inc. has a 1-year low of $18.29 and a 1-year high of $44.38.

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

Analyst Upgrades and Downgrades

Separately, Bank of America upped 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.

Institutional Investors Weigh In On Dream Finders Homes

Hedge funds and other institutional investors have recently bought and sold shares of the company. Naples Money Management LLC acquired a new stake in Dream Finders Homes during the first quarter worth $25,000. nVerses Capital LLC increased its position in shares of Dream Finders Homes by 1,800.0% during the 2nd 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. Benjamin F. Edwards & Company Inc. raised its holdings in Dream Finders Homes by 926.9% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock valued at $54,000 after buying an additional 1,103 shares during the period. ORG Partners LLC acquired a new position in Dream Finders Homes in the second quarter valued at about $68,000. Finally, Palouse Capital Management Inc. purchased a new position in Dream Finders Homes during the second quarter worth about $79,000. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Dream Finders Homes Company Profile

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.