9,244 Shares in Dream Finders Homes, Inc. (NASDAQ:DFH) Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC bought a new position in Dream Finders Homes, Inc. (NASDAQ:DFH) during the 4th quarter, Holdings Channel reports. The institutional investor bought 9,244 shares of the company’s stock, valued at approximately $215,000.

Several other large investors have also made changes to their positions in DFH. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Dream Finders Homes in the 3rd quarter worth $33,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Dream Finders Homes in the 3rd quarter worth $63,000. FMR LLC raised its position in shares of Dream Finders Homes by 99.4% in the 3rd quarter. FMR LLC now owns 2,945 shares of the company’s stock worth $107,000 after buying an additional 1,468 shares during the period. nVerses Capital LLC raised its position in shares of Dream Finders Homes by 84.2% in the 3rd quarter. nVerses Capital LLC now owns 3,500 shares of the company’s stock worth $127,000 after buying an additional 1,600 shares during the period. Finally, SG Americas Securities LLC raised its position in shares of Dream Finders Homes by 88.6% in the 4th quarter. SG Americas Securities LLC now owns 9,185 shares of the company’s stock worth $214,000 after buying an additional 4,315 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

Dream Finders Homes Trading Down 3.6 %

Shares of NASDAQ DFH opened at $21.01 on Thursday. Dream Finders Homes, Inc. has a 12-month low of $20.54 and a 12-month high of $44.38. The company has a market cap of $1.96 billion, a P/E ratio of 6.86, a P/E/G ratio of 1.30 and a beta of 2.01. The stock has a fifty day moving average price of $24.42 and a 200 day moving average price of $29.33.

Analysts Set New Price Targets

Separately, Bank of America cut their target price on Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th.

Insider Activity at Dream Finders Homes

In other news, CEO Patrick O. Zalupski sold 18,214 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $27.46, for a total transaction of $500,156.44. Following the completion of the sale, the chief executive officer now directly owns 1,956,353 shares in the company, valued at $53,721,453.38. This trade represents a 0.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 70.45% of the stock is owned by insiders.

Dream Finders Homes 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.