Aristeia Capital L.L.C. Buys Shares of 10,409 Dream Finders Homes, Inc. $DFH

Aristeia Capital L.L.C. bought a new stake in Dream Finders Homes, Inc. (NASDAQ:DFH) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,409 shares of the company’s stock, valued at approximately $235,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DFH. Eukles Asset Management bought a new stake in shares of Dream Finders Homes during the 1st quarter worth about $34,000. Quarry LP bought a new stake in shares of Dream Finders Homes during the 1st quarter worth about $40,000. GAMMA Investing LLC boosted its stake in shares of Dream Finders Homes by 907.1% during the 1st quarter. GAMMA Investing LLC now owns 5,962 shares of the company’s stock worth $135,000 after acquiring an additional 5,370 shares in the last quarter. State of Wyoming boosted its stake in shares of Dream Finders Homes by 223.6% during the 4th quarter. State of Wyoming now owns 8,104 shares of the company’s stock worth $189,000 after acquiring an additional 5,600 shares in the last quarter. Finally, Comerica Bank boosted its stake in shares of Dream Finders Homes by 12,001.3% during the 4th quarter. Comerica Bank now owns 9,318 shares of the company’s stock worth $217,000 after acquiring an additional 9,241 shares in the last quarter. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Insider Activity

In related news, CEO Patrick O. Zalupski sold 11,567 shares of the business’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $28.86, for a total transaction of $333,823.62. Following the completion of the transaction, the chief executive officer owned 1,927,772 shares of the company’s stock, valued at approximately $55,635,499.92. The trade was a 0.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders sold 82,167 shares of company stock worth $2,268,057. Corporate insiders own 68.16% of the company’s stock.

Dream Finders Homes Stock Performance

DFH opened at $31.00 on Tuesday. The company has a market cap of $2.88 billion, a PE ratio of 10.13, a price-to-earnings-growth ratio of 1.28 and a beta of 1.90. The stock has a 50-day moving average of $27.37 and a 200-day moving average of $24.43. Dream Finders Homes, Inc. has a 52-week low of $19.65 and a 52-week high of $39.15.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.57 earnings per share (EPS) 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%.The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 EPS. On average, research analysts predict that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

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.