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

Dream Finders Homes, Inc. (NYSE:DFH – Get Free Report) Director Len Sturm acquired 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was purchased at an average cost of $10.53 per share, with a total value of $10,530.00. Following the transaction, the director owned 31,728 shares in the company, valued at approximately $334,095.84. This trade represents a 3.25% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Thursday, September 3rd, Len Sturm bought 1,500 shares of Dream Finders Homes stock. The stock was purchased at an average cost of $13.47 per share, for a total transaction of $20,205.00.
  • On Wednesday, August 26th, Len Sturm bought 1,000 shares of Dream Finders Homes stock. The stock was purchased at an average cost of $14.72 per share, for a total transaction of $14,720.00.
  • On Monday, August 24th, Len Sturm bought 250 shares of Dream Finders Homes stock. The stock was purchased at an average price of $14.75 per share, with a total value of $3,687.50.
  • On Friday, August 21st, Len Sturm purchased 250 shares of Dream Finders Homes stock. The shares were acquired at an average price of $14.81 per share, with a total value of $3,702.50.

Dream Finders Homes Stock Performance

Dream Finders Homes stock traded down $0.06 during midday trading on Friday, reaching $12.40. 1,037,511 shares of the company’s stock were exchanged, compared to its average volume of 817,126. The stock’s 50-day simple moving average is $11.11 and its 200 day simple moving average is $14.61. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 12.92 and a beta of 2.02. Dream Finders Homes, Inc. has a 52 week low of $7.30 and a 52 week high of $21.55.

Dream Finders Homes (NYSE:DFH – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.22 earnings per share (EPS) for the quarter. Dream Finders Homes had a return on equity of 8.87% and a net margin of 2.56%. The firm had revenue of $996.05 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of Dream Finders Homes from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Dream Finders Homes presently has a consensus rating of “Hold”.

Get Our Latest Report on Dream Finders Homes

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Pinnacle Wealth Planning Services Inc. lifted its position in Dream Finders Homes by 193.1% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 3,101 shares of the company’s stock worth $33,000 after acquiring an additional 2,043 shares during the last quarter. State of Wyoming acquired a new position in shares of Dream Finders Homes in the first quarter valued at approximately $54,000. Versant Capital Management Inc grew its position in shares of Dream Finders Homes by 59.4% in the second quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock valued at $89,000 after purchasing an additional 1,913 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Dream Finders Homes by 1,878.0% during the first quarter. Fifth Third Bancorp now owns 9,534 shares of the company’s stock worth $133,000 after purchasing an additional 9,052 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of Dream Finders Homes by 37.5% during the second quarter. GAMMA Investing LLC now owns 9,996 shares of the company’s stock worth $173,000 after purchasing an additional 2,728 shares during the period. 95.55% of the stock is owned by institutional investors.

About Dream Finders Homes

(Get Free Report)

Dream Finders Homes, Inc is a residential homebuilder that designs, constructs and sells single-family homes. The company serves primarily first-time, move-up and luxury homebuyers, offering homes in a range of floor plans, sizes and price points. Its activities include land acquisition and development, home construction, sales and customer service.

Founded in 2008 by Patrick Zalupski, Dream Finders Homes is headquartered in Jacksonville, Florida. The company operates in selected markets across the Southeast, Mid-Atlantic, Texas and Colorado through the Dream Finders Homes brand and regional homebuilding operations, including affiliated brands such as Coventry Homes and Crescent Homes.

In addition to homebuilding, the company provides related services intended to support the purchase process, including mortgage lending and title and closing services through affiliated businesses.

See Also

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

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