Patrick O. Zalupski Sells 10,161 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFHGet Free Report) CEO Patrick O. Zalupski sold 10,161 shares of the firm’s stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $26.19, for a total value of $266,116.59. Following the completion of the sale, the chief executive officer directly owned 2,010,194 shares of the company’s stock, valued at approximately $52,646,980.86. This trade represents a 0.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Dream Finders Homes Stock Performance

Dream Finders Homes stock opened at $28.27 on Friday. Dream Finders Homes, Inc. has a one year low of $19.65 and a one year high of $39.15. The business has a fifty day moving average of $23.44 and a two-hundred day moving average of $23.14. The company has a market cap of $2.64 billion, a P/E ratio of 9.24, a price-to-earnings-growth ratio of 1.28 and a beta of 1.90.

Dream Finders Homes (NASDAQ:DFHGet Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.05). Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. During the same period in the previous year, the firm posted $0.55 earnings per share. Dream Finders Homes’s revenue for the quarter was up 19.6% compared to the same quarter last year. Sell-side analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. New York State Teachers Retirement System increased its position in shares of Dream Finders Homes by 14.6% in the first quarter. New York State Teachers Retirement System now owns 9,438 shares of the company’s stock valued at $213,000 after buying an additional 1,200 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Dream Finders Homes by 907.1% in the first quarter. GAMMA Investing LLC now owns 5,962 shares of the company’s stock valued at $135,000 after buying an additional 5,370 shares in the last quarter. D. E. Shaw & Co. Inc. purchased a new position in shares of Dream Finders Homes in the fourth quarter valued at $518,000. Deutsche Bank AG increased its position in shares of Dream Finders Homes by 58.3% in the fourth quarter. Deutsche Bank AG now owns 25,159 shares of the company’s stock valued at $585,000 after buying an additional 9,269 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Dream Finders Homes by 50.7% in the fourth quarter. Wells Fargo & Company MN now owns 442,456 shares of the company’s stock valued at $10,296,000 after buying an additional 148,789 shares in the last quarter. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Analysts Set New Price Targets

Separately, Wedbush reissued a “neutral” rating and issued a $26.00 target price on shares of Dream Finders Homes in a report on Tuesday, May 6th.

View Our Latest Research Report on Dream Finders Homes

Dream Finders Homes Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Dream Finders Homes (NASDAQ:DFH)

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