Dream Finders Homes, Inc. (NASDAQ:DFH) CFO Sells $25,200.21 in Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CFO Lorena Anabel Ramsay sold 1,029 shares of Dream Finders Homes stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $24.49, for a total value of $25,200.21. Following the sale, the chief financial officer now directly owns 184,213 shares in the company, valued at $4,511,376.37. This trade represents a 0.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Dream Finders Homes Trading Up 3.4 %

Shares of DFH stock opened at $24.21 on Monday. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 7.91, a price-to-earnings-growth ratio of 1.28 and a beta of 1.99. Dream Finders Homes, Inc. has a 12-month low of $20.54 and a 12-month high of $44.38. The stock’s 50-day moving average price is $23.27 and its 200-day moving average price is $28.36.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings data on Tuesday, February 25th. The company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.25. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.39 billion. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The company’s revenue was up 35.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 EPS. As a group, research analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Bank of America reduced their price objective on shares of 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.

Institutional Investors Weigh In On Dream Finders Homes

Hedge funds have recently bought and sold shares of the business. First Horizon Advisors Inc. increased its holdings in shares of Dream Finders Homes by 93.9% in the 4th quarter. First Horizon Advisors Inc. now owns 1,173 shares of the company’s stock worth $27,000 after buying an additional 568 shares during the last quarter. Mark Sheptoff Financial Planning LLC bought a new stake in Dream Finders Homes during the third quarter worth approximately $33,000. Wilmington Savings Fund Society FSB purchased a new stake in Dream Finders Homes during the third quarter valued at approximately $63,000. FMR LLC lifted its stake 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 valued at $107,000 after purchasing an additional 1,468 shares during the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of Dream Finders Homes in the 4th quarter worth approximately $116,000. Hedge funds and other 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.