Patrick Zalupski Sells 11,143 Shares of Dream Finders Homes (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick Zalupski sold 11,143 shares of Dream Finders Homes stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $28.27, for a total transaction of $315,012.61. Following the transaction, the chief executive officer owned 1,905,909 shares of the company’s stock, valued at $53,880,047.43. This represents a 0.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Dream Finders Homes Price Performance

Shares of NASDAQ DFH opened at $28.49 on Friday. The stock has a market capitalization of $2.65 billion, a P/E ratio of 9.31, a P/E/G ratio of 1.28 and a beta of 1.90. The company has a 50-day moving average price of $27.71 and a 200-day moving average price of $24.73. Dream Finders Homes, Inc. has a 1 year low of $19.65 and a 1 year high of $39.15.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. During the same quarter last year, the firm earned $0.83 EPS. Dream Finders Homes’s revenue for the quarter was up 9.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Bank of America boosted their price target on shares of Dream Finders Homes from $27.00 to $30.00 and gave the stock a “neutral” rating in a report on Thursday. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $28.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. New York State Teachers Retirement System boosted its stake in Dream Finders Homes by 14.6% in the first quarter. New York State Teachers Retirement System now owns 9,438 shares of the company’s stock valued at $213,000 after acquiring an additional 1,200 shares during the last quarter. M&T Bank Corp boosted its stake in Dream Finders Homes by 10.9% in the first quarter. M&T Bank Corp now owns 33,603 shares of the company’s stock valued at $758,000 after acquiring an additional 3,306 shares during the last quarter. GAMMA Investing LLC boosted its stake in Dream Finders Homes by 907.1% in the first quarter. GAMMA Investing LLC now owns 5,962 shares of the company’s stock valued at $135,000 after acquiring an additional 5,370 shares during the last quarter. D. E. Shaw & Co. Inc. purchased a new position in Dream Finders Homes in the fourth quarter valued at about $518,000. Finally, Deutsche Bank AG boosted its stake in Dream Finders Homes by 58.3% in the fourth quarter. Deutsche Bank AG now owns 25,159 shares of the company’s stock valued at $585,000 after acquiring an additional 9,269 shares during 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.