Insider Selling: Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Sells 33,018 Shares of Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 33,018 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $36.58, for a total value of $1,207,798.44. Following the completion of the sale, the chief executive officer now owns 931,121 shares in the company, valued at approximately $34,060,406.18. The transaction was disclosed in a filing with the SEC, which is available at this link.

Dream Finders Homes Trading Down 0.8 %

NASDAQ DFH opened at $34.43 on Friday. The stock has a market capitalization of $3.23 billion, a price-to-earnings ratio of 11.67, a PEG ratio of 0.83 and a beta of 1.89. The stock has a 50-day moving average of $31.58 and a 200 day moving average of $31.92. Dream Finders Homes, Inc. has a twelve month low of $18.29 and a twelve month high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last announced its earnings results on Thursday, August 1st. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the company posted $0.65 EPS. The business’s quarterly revenue was up 11.9% on a year-over-year basis. Equities analysts predict that Dream Finders Homes, Inc. will post 3.22 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Dream Finders Homes

A number of large investors have recently added to or reduced their stakes in the stock. Naples Money Management LLC acquired a new stake in shares of Dream Finders Homes in the first quarter valued at about $25,000. Benjamin F. Edwards & Company Inc. boosted its holdings in Dream Finders Homes by 926.9% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock worth $54,000 after buying an additional 1,103 shares during the last quarter. nVerses Capital LLC boosted its holdings in Dream Finders Homes by 1,800.0% in the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock worth $49,000 after buying an additional 1,800 shares during the last quarter. ORG Partners LLC purchased a new stake in Dream Finders Homes during the 2nd quarter worth approximately $68,000. Finally, Palouse Capital Management Inc. acquired a new position in shares of Dream Finders Homes during the second quarter valued at approximately $79,000. 95.55% of the stock is currently owned by institutional investors and hedge funds.

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.