Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski Sells 54,270 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 54,270 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $42.05, for a total value of $2,282,053.50. Following the sale, the chief executive officer now owns 1,507,805 shares in the company, valued at approximately $63,403,200.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Dream Finders Homes Stock Up 3.9 %

Shares of Dream Finders Homes stock traded up $1.65 on Thursday, hitting $43.63. 498,822 shares of the company’s stock traded hands, compared to its average volume of 393,691. Dream Finders Homes, Inc. has a 52-week low of $12.54 and a 52-week high of $44.38. The stock has a market cap of $4.07 billion, a P/E ratio of 15.34, a PEG ratio of 1.54 and a beta of 1.98. The firm’s 50-day moving average is $35.49 and its 200 day moving average is $29.30.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings data on Thursday, February 29th. The company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.29. Dream Finders Homes had a net margin of 7.89% and a return on equity of 36.62%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $898.68 million. During the same quarter in the prior year, the business earned $0.78 earnings per share. Dream Finders Homes’s quarterly revenue was up 3.5% on a year-over-year basis. Equities research analysts forecast that Dream Finders Homes, Inc. will post 3.14 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DFH. UBS Group AG grew its position in Dream Finders Homes by 113.5% during the 2nd quarter. UBS Group AG now owns 2,500 shares of the company’s stock worth $26,000 after purchasing an additional 1,329 shares in the last quarter. Atlantic Edge Private Wealth Management LLC purchased a new position in Dream Finders Homes during the fourth quarter valued at approximately $46,000. Avalon Trust Co acquired a new stake in shares of Dream Finders Homes during the 4th quarter valued at $48,000. Ameritas Investment Partners Inc. increased its stake in shares of Dream Finders Homes by 27.3% in the second quarter. Ameritas Investment Partners Inc. now owns 2,001 shares of the company’s stock worth $49,000 after acquiring an additional 429 shares during the last quarter. Finally, Advisor Group Holdings Inc. raised its holdings in shares of Dream Finders Homes by 148.3% during the first quarter. Advisor Group Holdings Inc. now owns 2,856 shares of the company’s stock worth $49,000 after acquiring an additional 1,706 shares in the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised shares of Dream Finders Homes from a “c” rating to a “b” rating in a research note on Friday, March 1st.

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.