Patrick O. Zalupski Sells 7,407 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 7,407 shares of the business’s stock in a transaction on Tuesday, June 25th. The stock was sold at an average price of $25.25, for a total value of $187,026.75. Following the sale, the chief executive officer now directly owns 1,216,359 shares in the company, valued at $30,713,064.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Dream Finders Homes Trading Up 1.3 %

Shares of DFH stock opened at $25.85 on Friday. Dream Finders Homes, Inc. has a 1-year low of $18.29 and a 1-year high of $44.38. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 8.76, a P/E/G ratio of 0.52 and a beta of 1.93. The stock’s fifty day simple moving average is $29.24 and its 200-day simple moving average is $33.41.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.11). Dream Finders Homes had a net margin of 7.91% and a return on equity of 34.31%. The business had revenue of $827.80 million for the quarter, compared to analysts’ expectations of $886.34 million. During the same quarter in the prior year, the firm posted $0.45 EPS. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, sell-side analysts predict that Dream Finders Homes, Inc. will post 3.21 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Naples Money Management LLC purchased a new position in Dream Finders Homes in the first quarter valued at about $25,000. Janus Henderson Group PLC grew its stake in Dream Finders Homes by 3.3% in the first quarter. Janus Henderson Group PLC now owns 22,674 shares of the company’s stock valued at $992,000 after purchasing an additional 728 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Dream Finders Homes by 17.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,935 shares of the company’s stock valued at $304,000 after purchasing an additional 1,041 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in Dream Finders Homes by 926.9% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock valued at $54,000 after purchasing an additional 1,103 shares in the last quarter. Finally, US Bancorp DE grew its stake in Dream Finders Homes by 4.0% in the first quarter. US Bancorp DE now owns 30,243 shares of the company’s stock valued at $1,323,000 after purchasing an additional 1,169 shares in the last quarter. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Zelman & Associates raised Dream Finders Homes from a “neutral” rating to an “outperform” rating and set a $34.50 target price on the stock in a research report on Monday, May 13th. TheStreet raised Dream Finders Homes from a “c” rating to a “b” rating in a research report on Friday, March 1st. Wedbush reaffirmed a “neutral” rating and set a $24.00 target price on shares of Dream Finders Homes in a research report on Thursday, May 2nd. Finally, Bank of America boosted their target price on Dream Finders Homes from $29.00 to $45.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 2nd.

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.