Dream Finders Homes (NYSE:DFH) Director Richard Beckwitt Purchases 8,000 Shares

Dream Finders Homes, Inc. (NYSE:DFH) Director Richard Beckwitt purchased 8,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was bought at an average price of $13.83 per share, with a total value of $110,640.00. Following the completion of the purchase, the director owned 78,000 shares of the company’s stock, valued at approximately $1,078,740. This represents a 11.43% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Richard Beckwitt also recently made the following trade(s):

• On Thursday, August 13th, Richard Beckwitt acquired 12,000 shares of Dream Finders Homes stock. The shares were bought at an average price of $14.80 per share, for a total transaction of $177,600.00.
• On Tuesday, August 11th, Richard Beckwitt bought 70,000 shares of Dream Finders Homes stock. The stock was purchased at an average cost of $13.95 per share, with a total value of $976,500.00.

Dream Finders Homes Trading Up 3.3%

Shares of DFH opened at $14.87 on Friday. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 10.40 and a beta of 1.88. Dream Finders Homes, Inc. has a 1-year low of $12.20 and a 1-year high of $31.50. The company’s fifty day simple moving average is $15.34 and its 200 day simple moving average is $15.76.

Dream Finders Homes (NYSE:DFH) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.27 EPS for the quarter. Dream Finders Homes had a net margin of 3.55% and a return on equity of 10.38%. The firm had revenue of $1.06 billion during the quarter.

Institutional Trading of Dream Finders Homes

Hedge funds have recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC bought a new stake in Dream Finders Homes in the 1st quarter valued at $4,800,000. Millennium Management LLC lifted its holdings in shares of Dream Finders Homes by 200.1% during the fourth quarter. Millennium Management LLC now owns 382,170 shares of the company’s stock worth $6,535,000 after buying an additional 254,839 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Dream Finders Homes by 19.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock worth $20,173,000 after buying an additional 234,899 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Dream Finders Homes by 73.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 460,844 shares of the company’s stock valued at $7,880,000 after acquiring an additional 195,742 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of Dream Finders Homes in the second quarter valued at about $2,833,000. 95.55% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Dream Finders Homes in a report on Friday, August 7th. Wall Street Zen downgraded Dream Finders Homes from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. One research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $26.00.

Dream Finders Homes Company Profile

Dream Finders Homes is a residential homebuilder that specializes in the design, marketing and construction of single‐family homes, townhomes and condominiums. The company operates a semi‐custom building model that allows homebuyers to select from a range of floor plans and interior finishes, blending the efficiency of production building with the appeal of personalized design options. Dream Finders Homes emphasizes customer engagement through design studios and online tools, guiding buyers through each stage of the homebuilding process from lot selection to move-in.

Since its founding in 2015, Dream Finders Homes has focused on master‐planned and mixed-use communities, often collaborating with community developers to create integrated neighborhoods.