Dream Finders Homes, Inc. (NASDAQ:DFH) Stock Holdings Lessened by Atria Investments Inc

Atria Investments Inc lowered its stake in Dream Finders Homes, Inc. (NASDAQ:DFH) by 28.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 14,982 shares of the company’s stock after selling 6,047 shares during the period. Atria Investments Inc’s holdings in Dream Finders Homes were worth $542,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of DFH. nVerses Capital LLC raised its stake in Dream Finders Homes by 1,800.0% during the 2nd 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 period. ORG Partners LLC acquired a new stake in Dream Finders Homes during the 2nd quarter valued at $68,000. Benjamin F. Edwards & Company Inc. raised its stake in Dream Finders Homes by 139.2% during 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. Palouse Capital Management Inc. acquired a new stake in Dream Finders Homes during the 2nd quarter valued at $79,000. Finally, ORG Wealth Partners LLC acquired a new stake in Dream Finders Homes during the 3rd quarter valued at $105,000. Institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Stock Up 0.4 %

Dream Finders Homes stock opened at $27.37 on Wednesday. Dream Finders Homes, Inc. has a 12 month low of $23.46 and a 12 month high of $44.38. The stock has a market cap of $2.56 billion, a P/E ratio of 8.94, a P/E/G ratio of 0.68 and a beta of 1.93. The company’s fifty day simple moving average is $32.97 and its 200-day simple moving average is $30.22.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly 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). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The company had revenue of $986.26 million during the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the company posted $0.75 earnings per share. The company’s revenue was up 10.4% compared to the same quarter last year. On average, equities research analysts expect that Dream Finders Homes, Inc. will post 3.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Insider Transactions at Dream Finders Homes

In other Dream Finders Homes news, Director William Radford Lovett II sold 32,724 shares of the stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $37.72, for a total transaction of $1,234,349.28. Following the transaction, the director now directly owns 4,733,674 shares of the company’s stock, valued at $178,554,183.28. This represents a 0.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Patrick O. Zalupski sold 31,919 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $31.06, for a total transaction of $991,404.14. Following the transaction, the chief executive officer now directly owns 725,000 shares in the company, valued at $22,518,500. The trade was a 4.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 360,823 shares of company stock valued at $11,987,982. 70.45% of the stock is owned by insiders.

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.