Patrick O. Zalupski Sells 10,852 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 10,852 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $27.81, for a total transaction of $301,794.12. Following the sale, the chief executive officer directly owned 1,957,843 shares of the company’s stock, valued at approximately $54,447,613.83. This trade represents a 0.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Dream Finders Homes Price Performance

DFH opened at $28.05 on Friday. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 9.17, a P/E/G ratio of 1.28 and a beta of 1.90. The firm’s fifty day moving average price is $25.78 and its two-hundred day moving average price is $23.70. Dream Finders Homes, Inc. has a 1 year low of $19.65 and a 1 year high of $39.15.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The company’s revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.83 EPS. As a group, equities analysts anticipate that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Dream Finders Homes

A number of hedge funds have recently bought and sold shares of DFH. Janus Henderson Group PLC raised its stake in shares of Dream Finders Homes by 199.4% during the 4th quarter. Janus Henderson Group PLC now owns 2,064,990 shares of the company’s stock worth $48,053,000 after purchasing an additional 1,375,305 shares during the period. Kayne Anderson Rudnick Investment Management LLC raised its stake in shares of Dream Finders Homes by 11.0% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,009,774 shares of the company’s stock worth $139,847,000 after purchasing an additional 594,592 shares during the period. Marshall Wace LLP bought a new stake in shares of Dream Finders Homes during the 2nd quarter worth $12,388,000. Invesco Ltd. raised its stake in shares of Dream Finders Homes by 210.7% during the 4th quarter. Invesco Ltd. now owns 507,903 shares of the company’s stock worth $11,819,000 after purchasing an additional 344,426 shares during the period. Finally, Cooke & Bieler LP raised its stake in shares of Dream Finders Homes by 12.9% during the 2nd quarter. Cooke & Bieler LP now owns 2,459,600 shares of the company’s stock worth $61,810,000 after purchasing an additional 280,510 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

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.