Dream Finders Homes, Inc. (NASDAQ:DFH – Get Free Report) 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 – Get Free Report) 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
Check Out Our Latest Research Report on Dream Finders Homes
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.
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