Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski Sells 18,119 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 18,119 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $33.26, for a total transaction of $602,637.94. Following the completion of the sale, the chief executive officer now directly owns 2,003,125 shares of the company’s stock, valued at $66,623,937.50. The trade was a 0.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Dream Finders Homes Price Performance

Shares of DFH traded down $1.00 during mid-day trading on Thursday, hitting $31.18. The company’s stock had a trading volume of 917,646 shares, compared to its average volume of 458,172. The firm has a 50-day moving average price of $32.33 and a 200 day moving average price of $30.37. Dream Finders Homes, Inc. has a fifty-two week low of $23.46 and a fifty-two week high of $44.38. The stock has a market capitalization of $2.91 billion, a price-to-earnings ratio of 10.38, a PEG ratio of 0.80 and a beta of 1.93.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the company posted $0.75 EPS. Dream Finders Homes’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, equities analysts anticipate that Dream Finders Homes, Inc. will post 3.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Mark Sheptoff Financial Planning LLC purchased a new stake in Dream Finders Homes in the 3rd quarter worth about $33,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Dream Finders Homes in the 3rd quarter valued at about $63,000. nVerses Capital LLC lifted its position in shares of Dream Finders Homes by 1,800.0% in the second quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock worth $49,000 after purchasing an additional 1,800 shares in the last quarter. ORG Partners LLC acquired a new stake in shares of Dream Finders Homes during the second quarter worth approximately $68,000. Finally, ORG Wealth Partners LLC acquired a new position in Dream Finders Homes in the 3rd quarter valued at approximately $105,000. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Bank of America increased their price objective on shares of Dream Finders Homes from $35.00 to $38.00 and gave the company a “neutral” rating in a report on Thursday, September 19th.

Dream Finders Homes Company 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.