Richard Beckwitt Acquires 8,000 Shares of Dream Finders Homes (NYSE:DFH) Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Richard Beckwitt purchased 8,000 shares of Dream Finders Homes stock in a transaction dated Wednesday, August 12th. The shares were purchased at an average price of $13.83 per share, with a total value of $110,640.00. Following the completion of the acquisition, the director owned 78,000 shares in the company, valued at $1,078,740. The trade was a 11.43% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Richard Beckwitt also recently made the following trade(s):

• On Thursday, August 13th, Richard Beckwitt purchased 12,000 shares of Dream Finders Homes stock. The stock was purchased at an average cost of $14.80 per share, for a total transaction of $177,600.00.
• On Tuesday, August 11th, Richard Beckwitt bought 70,000 shares of Dream Finders Homes stock. The stock was purchased at an average cost of $13.95 per share, with a total value of $976,500.00.

Dream Finders Homes Stock Performance

Shares of NYSE:DFH traded up $0.48 on Thursday, hitting $14.87. The stock had a trading volume of 544,211 shares, compared to its average volume of 664,260. The firm’s 50 day moving average price is $15.33 and its 200-day moving average price is $15.79. Dream Finders Homes, Inc. has a twelve month low of $12.20 and a twelve month high of $31.50. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 10.40 and a beta of 1.88.

Dream Finders Homes (NYSE:DFH) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.27 EPS for the quarter. The firm had revenue of $1.06 billion for the quarter. Dream Finders Homes had a net margin of 3.55% and a return on equity of 10.38%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DFH. Hantz Financial Services Inc. boosted its stake in shares of Dream Finders Homes by 154.0% in the 4th quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock valued at $29,000 after purchasing an additional 1,015 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Dream Finders Homes during the third quarter worth approximately $39,000. State of Wyoming bought a new stake in shares of Dream Finders Homes during the first quarter worth approximately $54,000. Versant Capital Management Inc lifted its holdings in Dream Finders Homes by 59.4% in the second quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock valued at $89,000 after buying an additional 1,913 shares during the period. Finally, Larson Financial Group LLC lifted its holdings in Dream Finders Homes by 4,853.5% in the third quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock valued at $91,000 after buying an additional 3,446 shares during the period. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DFH. Wall Street Zen lowered shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Dream Finders Homes in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Dream Finders Homes presently has an average rating of “Hold” and an average price target of $26.00.

About Dream Finders Homes

Dream Finders Homes is a residential homebuilder that specializes in the design, marketing and construction of single?family homes, townhomes and condominiums. The company operates a semi?custom building model that allows homebuyers to select from a range of floor plans and interior finishes, blending the efficiency of production building with the appeal of personalized design options. Dream Finders Homes emphasizes customer engagement through design studios and online tools, guiding buyers through each stage of the homebuilding process from lot selection to move-in.

Since its founding in 2015, Dream Finders Homes has focused on master?planned and mixed-use communities, often collaborating with community developers to create integrated neighborhoods.