Dream Finders Homes (NYSE:DFH) Director Richard Beckwitt Purchases 70,000 Shares of Stock

Dream Finders Homes, Inc. (NYSE:DFHGet Free Report) Director Richard Beckwitt purchased 70,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $13.95 per share, with a total value of $976,500.00. Following the completion of the acquisition, the director directly owned 70,000 shares of the company’s stock, valued at $976,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Thursday, August 13th, Richard Beckwitt acquired 12,000 shares of Dream Finders Homes stock. The stock was purchased at an average price of $14.80 per share, with a total value of $177,600.00.
  • On Wednesday, August 12th, Richard Beckwitt acquired 8,000 shares of Dream Finders Homes stock. The stock was acquired at an average cost of $13.83 per share, for a total transaction of $110,640.00.

Dream Finders Homes Trading Up 3.3%

NYSE DFH opened at $14.87 on Friday. The business’s 50 day moving average is $15.34 and its two-hundred day moving average is $15.76. Dream Finders Homes, Inc. has a 12-month low of $12.20 and a 12-month high of $31.50. The stock 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:DFHGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.27 EPS for the quarter. Dream Finders Homes had a return on equity of 10.38% and a net margin of 3.55%.The business had revenue of $1.06 billion during the quarter.

Wall Street Analyst Weigh In

Several brokerages have commented on DFH. Weiss Ratings restated a “sell (d+)” rating on shares of Dream Finders Homes in a research report on Friday, August 7th. Wall Street Zen downgraded shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $26.00.

Check Out Our Latest Stock Analysis on Dream Finders Homes

Hedge Funds Weigh In On Dream Finders Homes

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in Dream Finders Homes by 39.3% in the first quarter. Royal Bank of Canada now owns 10,275 shares of the company’s stock valued at $232,000 after purchasing an additional 2,898 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Dream Finders Homes by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,597 shares of the company’s stock worth $374,000 after buying an additional 681 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Dream Finders Homes by 8.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 519,873 shares of the company’s stock worth $11,728,000 after buying an additional 41,117 shares during the last quarter. Creative Planning purchased a new stake in shares of Dream Finders Homes in the 2nd quarter worth about $206,000. Finally, American Century Companies Inc. purchased a new stake in shares of Dream Finders Homes in the 2nd quarter worth about $789,000. 95.55% of the stock is owned by institutional investors and hedge funds.

About Dream Finders Homes

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Dream Finders Homes (NYSE:DFH)

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