nVerses Capital LLC Has $127,000 Stock Position in Dream Finders Homes, Inc. (NASDAQ:DFH)

nVerses Capital LLC lifted its stake in Dream Finders Homes, Inc. (NASDAQ:DFH) by 84.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,500 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. nVerses Capital LLC’s holdings in Dream Finders Homes were worth $127,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. SG Americas Securities LLC lifted its stake in Dream Finders Homes by 445.3% in the 1st quarter. SG Americas Securities LLC now owns 34,641 shares of the company’s stock worth $1,515,000 after acquiring an additional 28,288 shares in the last quarter. Norden Group LLC lifted its stake in Dream Finders Homes by 2,580.6% in the 1st quarter. Norden Group LLC now owns 321,453 shares of the company’s stock worth $14,057,000 after acquiring an additional 309,461 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new stake in Dream Finders Homes in the 1st quarter worth about $1,570,000. Vanguard Group Inc. lifted its stake in Dream Finders Homes by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 2,115,337 shares of the company’s stock worth $92,504,000 after acquiring an additional 45,890 shares in the last quarter. Finally, Denali Advisors LLC lifted its stake in Dream Finders Homes by 27.9% in the 2nd quarter. Denali Advisors LLC now owns 140,409 shares of the company’s stock worth $3,625,000 after acquiring an additional 30,599 shares in the last quarter. Institutional investors and hedge funds own 95.55% of the company’s stock.

Insider Activity at Dream Finders Homes

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 11,804 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $28.62, for a total value of $337,830.48. Following the sale, the chief executive officer now owns 1,130,907 shares of the company’s stock, valued at $32,366,558.34. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 11,804 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $28.62, for a total value of $337,830.48. Following the sale, the chief executive officer now owns 1,130,907 shares of the company’s stock, valued at $32,366,558.34. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Patrick O. Zalupski sold 54,665 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $33.42, for a total value of $1,826,904.30. Following the completion of the sale, the chief executive officer now directly owns 1,056,618 shares in the company, valued at $35,312,173.56. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 321,253 shares of company stock valued at $10,688,058. Corporate insiders own 70.45% of the company’s stock.

Analysts Set New Price Targets

Separately, Bank of America increased their price objective on Dream Finders Homes from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Thursday, September 19th.

Dream Finders Homes Stock Performance

Shares of DFH stock opened at $35.23 on Monday. The stock’s 50 day simple moving average is $33.00 and its 200 day simple moving average is $31.11. Dream Finders Homes, Inc. has a twelve month low of $18.29 and a twelve month high of $44.38. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 11.94, a PEG ratio of 0.75 and a beta of 1.89.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. Dream Finders Homes had a return on equity of 32.99% and a net margin of 8.00%. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the business earned $0.65 EPS. The firm’s revenue was up 11.9% compared to the same quarter last year. On average, analysts forecast that Dream Finders Homes, Inc. will post 3.22 EPS for the current fiscal year.

Dream Finders Homes Company Profile

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.