Dream Finders Homes (NASDAQ:DFH) CEO Patrick Zalupski Sells 7,443 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick Zalupski sold 7,443 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $26.04, for a total transaction of $193,815.72. Following the completion of the transaction, the chief executive officer owned 1,898,466 shares of the company’s stock, valued at $49,436,054.64. This trade represents a 0.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Dream Finders Homes Price Performance

DFH stock opened at $26.47 on Friday. The company has a 50 day moving average price of $27.53 and a 200 day moving average price of $24.87. Dream Finders Homes, Inc. has a fifty-two week low of $19.65 and a fifty-two week high of $35.71. The stock has a market capitalization of $2.46 billion, a PE ratio of 8.65, a price-to-earnings-growth ratio of 1.28 and a beta of 1.87.

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

Institutional Trading of Dream Finders Homes

A number of institutional investors have recently bought and sold shares of DFH. Marshall Wace LLP acquired a new stake in Dream Finders Homes during the 2nd quarter worth $12,388,000. Cooke & Bieler LP grew its holdings in Dream Finders Homes by 12.9% during the 2nd quarter. Cooke & Bieler LP now owns 2,459,600 shares of the company’s stock worth $61,810,000 after acquiring an additional 280,510 shares during the period. Elgethun Capital Management grew its holdings in Dream Finders Homes by 145.3% during the 2nd quarter. Elgethun Capital Management now owns 454,112 shares of the company’s stock worth $11,412,000 after acquiring an additional 269,024 shares during the period. GAMMA Investing LLC grew its holdings in Dream Finders Homes by 22,620.1% during the 1st quarter. GAMMA Investing LLC now owns 134,503 shares of the company’s stock worth $3,034,000 after acquiring an additional 133,911 shares during the period. Finally, Brandywine Global Investment Management LLC acquired a new stake in Dream Finders Homes during the 1st quarter worth $2,935,000. Institutional investors and hedge funds own 95.55% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Bank of America boosted their price objective on shares of Dream Finders Homes from $27.00 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, September 18th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Dream Finders Homes currently has an average rating of “Hold” and an average price target of $28.00.

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.