Len Sturm Purchases 1,000 Shares of Dream Finders Homes (NYSE:DFH) Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Len Sturm acquired 1,000 shares of the stock in a transaction on Wednesday, August 26th. The shares were acquired at an average price of $14.72 per share, for a total transaction of $14,720.00. Following the acquisition, the director owned 29,228 shares of the company’s stock, valued at approximately $430,236.16. The trade was a 3.54% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Len Sturm also recently made the following trade(s):

• On Monday, August 24th, Len Sturm acquired 250 shares of Dream Finders Homes stock. The shares were acquired at an average price of $14.75 per share, with a total value of $3,687.50.
• On Friday, August 21st, Len Sturm bought 250 shares of Dream Finders Homes stock. The shares were acquired at an average cost of $14.81 per share, with a total value of $3,702.50.

Dream Finders Homes Price Performance

NYSE:DFH opened at $14.70 on Friday. Dream Finders Homes, Inc. has a one year low of $12.20 and a one year high of $31.50. The company has a market cap of $1.33 billion, a PE ratio of 10.28 and a beta of 1.88. The firm has a 50-day moving average of $15.33 and a 200-day moving average of $15.48.

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

Institutional Trading of Dream Finders Homes

Several institutional investors and hedge funds have recently made changes to their positions in DFH. Dimensional Fund Advisors LP boosted its holdings in Dream Finders Homes by 19.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock worth $20,173,000 after purchasing an additional 234,899 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in Dream Finders Homes in the 1st quarter worth about $4,800,000. Janus Henderson Group PLC increased its stake in Dream Finders Homes by 5.2% in the 1st quarter. Janus Henderson Group PLC now owns 1,876,795 shares of the company’s stock valued at $26,125,000 after buying an additional 92,691 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Dream Finders Homes by 24,680.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 94,663 shares of the company’s stock valued at $1,619,000 after buying an additional 94,281 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in shares of Dream Finders Homes by 105.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 128,872 shares of the company’s stock worth $2,204,000 after buying an additional 66,294 shares in the last quarter. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Dream Finders Homes in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $26.00.

Dream Finders Homes Company Profile

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.