Patrick O. Zalupski Sells 59,106 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 59,106 shares of the firm’s stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of $31.42, for a total value of $1,857,110.52. Following the completion of the sale, the chief executive officer now directly owns 801,105 shares of the company’s stock, valued at $25,170,719.10. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Dream Finders Homes Stock Down 1.6 %

DFH stock opened at $32.01 on Friday. Dream Finders Homes, Inc. has a twelve month low of $18.29 and a twelve month high of $44.38. The stock’s 50 day moving average is $33.38 and its 200-day moving average is $30.92. The firm has a market capitalization of $2.99 billion, a PE ratio of 10.85, a P/E/G ratio of 0.75 and a beta of 1.89.

Dream Finders Homes (NASDAQ:DFH) last posted its earnings results on Thursday, August 1st. The company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. Dream Finders Homes had a return on equity of 32.99% and a net margin of 8.00%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter last year, the company earned $0.65 earnings per share. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. On average, equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.22 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Institutional Trading of Dream Finders Homes

A number of hedge funds have recently bought and sold shares of the business. Precision Wealth Strategies LLC lifted its holdings in Dream Finders Homes by 17.6% during the third quarter. Precision Wealth Strategies LLC now owns 10,698 shares of the company’s stock worth $387,000 after acquiring an additional 1,598 shares during the period. nVerses Capital LLC lifted its holdings in Dream Finders Homes by 84.2% during the third quarter. nVerses Capital LLC now owns 3,500 shares of the company’s stock worth $127,000 after acquiring an additional 1,600 shares during the period. ORG Wealth Partners LLC bought a new stake in Dream Finders Homes during the third quarter worth $105,000. Azzad Asset Management Inc. ADV lifted its holdings in Dream Finders Homes by 27.6% during the third quarter. Azzad Asset Management Inc. ADV now owns 21,842 shares of the company’s stock worth $791,000 after acquiring an additional 4,721 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in Dream Finders Homes during the second quarter worth $482,000. 95.55% of the stock is currently owned by institutional investors.

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.