Patrick O. Zalupski Sells 10,687 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 10,687 shares of the stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $27.42, for a total value of $293,037.54. Following the completion of the transaction, the chief executive officer owned 1,999,507 shares of the company’s stock, valued at $54,826,481.94. The trade was a 0.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Dream Finders Homes Stock Up 0.2%

DFH opened at $28.27 on Friday. The firm has a market cap of $2.64 billion, a P/E ratio of 9.24, a PEG ratio of 1.28 and a beta of 1.90. Dream Finders Homes, Inc. has a 52 week low of $19.65 and a 52 week high of $39.15. The business’s fifty day simple moving average is $23.44 and its 200 day simple moving average is $23.14.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.05). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. During the same period last year, the business earned $0.55 earnings per share. The company’s revenue for the quarter was up 19.6% on a year-over-year basis. As a group, equities analysts expect that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Institutional Trading of Dream Finders Homes

A number of hedge funds have recently added to or reduced their stakes in DFH. Aristeia Capital L.L.C. purchased a new stake in shares of Dream Finders Homes during the 1st quarter worth about $235,000. Goldman Sachs Group Inc. raised its holdings in Dream Finders Homes by 8.6% in the first quarter. Goldman Sachs Group Inc. now owns 519,873 shares of the company’s stock valued at $11,728,000 after buying an additional 41,117 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in Dream Finders Homes in the first quarter valued at approximately $470,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Dream Finders Homes by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,597 shares of the company’s stock worth $374,000 after acquiring an additional 681 shares in the last quarter. Finally, PDT Partners LLC increased its position in shares of Dream Finders Homes by 118.9% in the first quarter. PDT Partners LLC now owns 79,015 shares of the company’s stock worth $1,783,000 after acquiring an additional 42,912 shares in the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

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.