Dream Finders Homes, Inc. (NASDAQ:DFH) Stock Holdings Trimmed by Atria Investments Inc

Atria Investments Inc reduced its position in Dream Finders Homes, Inc. (NASDAQ:DFH) by 28.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,982 shares of the company’s stock after selling 6,047 shares during the quarter. Atria Investments Inc’s holdings in Dream Finders Homes were worth $542,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DFH. nVerses Capital LLC boosted its stake in Dream Finders Homes by 1,800.0% in the second quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock valued at $49,000 after acquiring an additional 1,800 shares during the period. ORG Partners LLC acquired a new position in Dream Finders Homes in the second quarter valued at approximately $68,000. Benjamin F. Edwards & Company Inc. boosted its stake in Dream Finders Homes by 139.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,923 shares of the company’s stock valued at $75,000 after acquiring an additional 1,701 shares during the period. Palouse Capital Management Inc. acquired a new position in shares of Dream Finders Homes during the second quarter worth approximately $79,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of Dream Finders Homes during the third quarter worth approximately $105,000. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 26,879 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $30.86, for a total value of $829,485.94. Following the transaction, the chief executive officer now owns 991,171 shares of the company’s stock, valued at approximately $30,587,537.06. This represents a 2.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William Radford Lovett II sold 16,466 shares of the company’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $30.73, for a total value of $506,000.18. Following the completion of the transaction, the director now directly owns 4,914,124 shares in the company, valued at $151,011,030.52. This represents a 0.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 360,823 shares of company stock valued at $11,987,982 over the last quarter. Corporate insiders own 70.45% of the company’s stock.

Dream Finders Homes Trading Up 0.4 %

Shares of NASDAQ DFH opened at $27.37 on Wednesday. The stock has a 50 day simple moving average of $32.97 and a 200-day simple moving average of $30.22. The company has a market cap of $2.56 billion, a PE ratio of 8.94, a P/E/G ratio of 0.68 and a beta of 1.93. Dream Finders Homes, Inc. has a 12-month low of $23.46 and a 12-month high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.14). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The business had revenue of $986.26 million for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the firm posted $0.75 earnings per share. The business’s quarterly revenue was up 10.4% on a year-over-year basis. Sell-side analysts forecast that Dream Finders Homes, Inc. will post 3.35 earnings per share for the current fiscal year.

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.