Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Sells $301,794.12 in Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 10,852 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $27.81, for a total value of $301,794.12. Following the transaction, the chief executive officer directly owned 1,957,843 shares of the company’s stock, valued at $54,447,613.83. The trade was a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Dream Finders Homes Price Performance

DFH opened at $28.05 on Friday. Dream Finders Homes, Inc. has a 12 month low of $19.65 and a 12 month high of $39.15. The stock has a market capitalization of $2.61 billion, a price-to-earnings ratio of 9.17, a PEG ratio of 1.28 and a beta of 1.90. The business has a fifty day moving average price of $25.78 and a 200 day moving average price of $23.70.

Dream Finders Homes (NASDAQ:DFH) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company’s revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.83 EPS. On average, research analysts anticipate that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Wedbush reissued a “neutral” rating and set a $26.00 target price on shares of Dream Finders Homes in a research note on Tuesday, May 6th.

Institutional Trading of Dream Finders Homes

A number of institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. lifted its holdings in Dream Finders Homes by 11.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock worth $95,000 after buying an additional 402 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Dream Finders Homes by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,916 shares of the company’s stock worth $370,000 after buying an additional 578 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in Dream Finders Homes by 5.8% during the 4th quarter. MetLife Investment Management LLC now owns 17,371 shares of the company’s stock worth $404,000 after buying an additional 953 shares during the last quarter. Rafferty Asset Management LLC lifted its holdings in Dream Finders Homes by 5.3% during the 1st quarter. Rafferty Asset Management LLC now owns 19,502 shares of the company’s stock worth $440,000 after buying an additional 974 shares during the last quarter. Finally, Precision Wealth Strategies LLC lifted its holdings in Dream Finders Homes by 7.0% during the 2nd quarter. Precision Wealth Strategies LLC now owns 16,233 shares of the company’s stock worth $408,000 after buying an additional 1,062 shares during the last quarter. 95.55% of the stock is owned by hedge funds and other institutional investors.

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.