Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski Sells 31,919 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 31,919 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $31.06, for a total value of $991,404.14. Following the completion of the transaction, the chief executive officer now directly owns 725,000 shares of the company’s stock, valued at $22,518,500. This represents a 4.22 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Dream Finders Homes Stock Performance

Shares of DFH opened at $28.11 on Friday. Dream Finders Homes, Inc. has a fifty-two week low of $23.46 and a fifty-two week high of $44.38. The firm’s 50-day simple moving average is $33.12 and its two-hundred day simple moving average is $30.36. The stock has a market cap of $2.63 billion, a PE ratio of 9.19, a price-to-earnings-growth ratio of 0.69 and a beta of 1.93.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.14). Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The company had revenue of $986.26 million for the quarter, compared to the consensus estimate of $1.07 billion. During the same period last year, the business earned $0.75 EPS. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. Equities research analysts predict that Dream Finders Homes, Inc. will post 3.35 EPS for the current year.

Hedge Funds Weigh In On Dream Finders Homes

Large investors have recently modified their holdings of the stock. SG Americas Securities LLC lifted its position in Dream Finders Homes by 445.3% in the 1st quarter. SG Americas Securities LLC now owns 34,641 shares of the company’s stock valued at $1,515,000 after acquiring an additional 28,288 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Dream Finders Homes by 2.2% during the first quarter. Vanguard Group Inc. now owns 2,115,337 shares of the company’s stock valued at $92,504,000 after purchasing an additional 45,890 shares in the last quarter. Denali Advisors LLC boosted its position in shares of Dream Finders Homes by 27.9% during the second quarter. Denali Advisors LLC now owns 140,409 shares of the company’s stock valued at $3,625,000 after buying an additional 30,599 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in Dream Finders Homes in the 1st quarter worth about $312,000. Finally, Cornercap Investment Counsel Inc. purchased a new position in Dream Finders Homes in the 2nd quarter worth about $538,000. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Bank of America upped their price target on Dream Finders Homes from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Thursday, September 19th.

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.