Patrick O. Zalupski Sells 30,433 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 30,433 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $34.81, for a total transaction of $1,059,372.73. Following the completion of the transaction, the chief executive officer now owns 1,357,978 shares in the company, valued at approximately $47,271,214.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Dream Finders Homes Stock Performance

DFH opened at $36.47 on Wednesday. The company’s 50-day simple moving average is $37.99 and its two-hundred day simple moving average is $31.46. Dream Finders Homes, Inc. has a 52-week low of $14.59 and a 52-week high of $44.38. The stock has a market capitalization of $3.40 billion, a P/E ratio of 12.80, a P/E/G ratio of 0.91 and a beta of 1.99.

Dream Finders Homes (NASDAQ:DFH) last issued its earnings results on Thursday, February 29th. The company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.29. The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $898.68 million. Dream Finders Homes had a net margin of 7.89% and a return on equity of 36.62%. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the company posted $0.78 earnings per share. Research analysts forecast that Dream Finders Homes, Inc. will post 3.45 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Bank of America boosted their price objective on shares of Dream Finders Homes from $29.00 to $45.00 and gave the stock a “neutral” rating in a report on Tuesday, April 2nd. TheStreet upgraded Dream Finders Homes from a “c” rating to a “b” rating in a research note on Friday, March 1st.

Institutional Trading of Dream Finders Homes

Several large investors have recently modified their holdings of DFH. Nordea Investment Management AB purchased a new stake in Dream Finders Homes during the fourth quarter valued at approximately $2,319,000. Denali Advisors LLC increased its stake in shares of Dream Finders Homes by 226.2% in the 4th quarter. Denali Advisors LLC now owns 148,243 shares of the company’s stock worth $5,267,000 after purchasing an additional 102,800 shares in the last quarter. Portside Wealth Group LLC raised its holdings in Dream Finders Homes by 9.8% in the 4th quarter. Portside Wealth Group LLC now owns 15,970 shares of the company’s stock worth $567,000 after purchasing an additional 1,429 shares during the period. Cornerstone Investment Partners LLC purchased a new position in Dream Finders Homes during the fourth quarter valued at $265,000. Finally, Rafferty Asset Management LLC bought a new stake in Dream Finders Homes during the third quarter valued at about $298,000. Institutional investors own 95.55% of the company’s stock.

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.